Chugoku Electric Power applied to the Ministry of Economy, Trade and Industry for a price increase from April next year for a plan called "regulated rate" among household electricity rates due to soaring fuel prices.

The average price increase is 31.33%, and for households with average usage, the monthly payment will be 2,399 yen more than before.

Chugoku Electric Power applied to the Ministry of Economy, Trade and Industry on the 25th for a price increase from April next year for a plan called "regulated rate" that requires national approval among household electricity rates.

This is because the price of fuel used for thermal power generation is soaring, and the range of price increase is said to be 31.33% on average.



The number of contracts for the "regulated rate" household plan is about 1.1 million in the Chugoku Electric Power service area.



According to Chugoku Electric Power Co., if the government approves the price increase we applied for this time, the monthly payment amount for households with average usage will increase by 2,399 yen to 10,428 yen. .

It will be the first time since 1980 if Chugoku Electric Power raises the "regulatory rate".



The ``regulated tariff'' is a tariff plan that has been applied since before the liberalization of the electricity retail market six years ago, and there is a mechanism to pass on the increase in fuel prices to the electricity price. The electric power company was responsible for the portion exceeding the upper limit.



After receiving the application, the Ministry of Economy, Trade and Industry will conduct a review and determine whether the price increase is appropriate. Countries' decisions matter.



Natsuhiko Takimoto, president of Chugoku Electric Power Co., said at a press conference, "This decision is painful, but I would like to ask for your understanding. We will also work to improve management efficiency."



Tohoku Electric Power has also applied for a price increase one after another, including applying to the government on the 24th for a plan called "regulated rate" among household electricity rates.