In response to soaring fuel prices, Hokuriku Electric Power Co. has applied to the government for a price increase from April next year on the "regulated rate" plan for households.


The average price increase rate is 45.84%, which is the largest among major electric power companies that have applied for a price increase to the government so far. The yen is expected to increase.

This was announced by Hokuriku Electric Power President Koji Matsuda at a press conference held in Toyama City on November 30th. We applied to the Ministry of Economy, Trade and Industry for a price increase from April next year.



This is because the price of fuel used for thermal power generation continues to rise, and the specific price increase rate is 45.84% on average, the largest among the major electric power companies that have applied for price increases to the government so far.



If this application is approved by the government, households with average usage are expected to pay 9098 yen per month, an increase of 2696 yen from the past.



According to Hokuriku Electric Power Co., the number of contracts for "regulated rate" plans for households has reached about 550,000 in its jurisdiction, accounting for about half of all contracts for households.

At a press conference, Hokuriku Electric Power President Matsuda said, ``The situation has become difficult to overcome with management efforts alone due to the unexpectedly high fuel prices. However, I would like to ask for your understanding of the situation we are in."