• KEPCO To Continue Electricity Rate Freeze Amid Pandemic
(Photo: Yonhap)

In response to the ongoing pandemic, the Korean government and state-run energy firm have decided to maintain the electricity rate through the third quarter in a bid to ease the financial burden on local households.

The Korea Electric Power Corporation said on Monday it will leave the adjusted unit price unchanged at -3.0 won per kWh during the July-September period despite higher crude and other fuel prices.

KEPCO, however, said it may raise costs in the fourth quarter if the global price of resources continue to rise.

The company adopted flexible electricity rates linked to global fuel prices this year to help improve its profitability.

Local households were previously charged under a fixed-rate electricity billing system, but the current billing system is revised every three months, depending on movements in the global price of liquefied natural gas, coal and crude oil.

Please send comments to tbsefmnews@gmail.com / copyright © tbs. Unauthorized redistribution prohibited.

개인정보처리방침  l  영상정보처리기기방침  l  사이버 감사실  l  저작권 정책  l  광고 • 협찬단가표  l  시청자 위원회  l  정보공개

03909 서울특별시 마포구 매봉산로 31 S-PLEX CENTER | 문의전화 : 02-311-5114(ARS)
Copyright © Since 2020 Seoul Traffic Broadcasting. All Rights Reserved.