KEPCO to cut rates for home electricity

TOKYO— Kansai Electric Power Co. on Monday submitted to the industry ministry a plan to cut its electricity rates for households and institutional users by 5.36 percent on average on July 1.

The price cut reflects a decrease in thermal power generation costs following the reactivation of the No. 3 and No. 4 reactors at its Oi nuclear power plant in Fukui Prefecture.

The move will come on the heels of the rate cut Kansai Electric carried out in August last year, after the utility serving the Kansai region resumed commercial operations at the No. 3 and No. 4 reactors at its Takahama nuclear power station, also in Fukui.

Published in Japan News, 28th May, 2018