Japanese government approves up to 42% increase in household electricity prices

Japanese government approves up to 42% increase in household electricity prices

https://www.japantimes.co.jp/news/2023/05/16/business/economy-business/power-price-hike/

20 comments
  1. Interestingly:

    >Still, for most consumers electricity bills are likely to continue falling from a year ago as lower oil and natural gas prices outweigh the higher rates. Additionally, government subsidies that took effect earlier this year have held down retail costs.

    But probably they mean the total *energy* bill will still be lower for most consumers (electricity + natural gas + gasoline) , instead of just electricity bills.

  2. I guess investing in solar panels may be a good idea. I see so many houses that have them.

  3. >Still, for most consumers electricity bills are likely to continue falling from a year ago as lower oil and natural gas prices outweigh the higher rates.

    Does this make sense to anyone? “Rates are going up, but prices are falling”?

  4. Geothermal. Japan has a sustainable energy source underground that could significantly reduce dependence on fossil fuels. And it’s much less controversial than nuclear, for obvious reasons here.

  5. Awesome! Rich people eating well off the suffering of the populace 🙂

  6. My electric bills are already 50% higher than last year, without touching the AC

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