Japan’s largest power utility is considering hiking regulated electricity rates for households.
The announcement by Tokyo Electric Power Company comes after surging fuel prices and a weaker yen have weighed heavily on its business.
The firm posted a consolidated net loss of 143.3 billion yen, or 968 million dollars, for the six months through September.
TEPCO says it will decide on details of a hike and seek government approval as soon as possible.
Nov 02 (ANNnewsCH) – 東京電力は1日、10年ぶりとなる規制料金の値上げを検討する方針を発表した。値上げが決まれば、家計に深刻な影響を及ぼす可能性が出てきた。
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