May 31, 2012

Japanese households brace for further utility price rises according to report

"Tokyo Electric Power Co. is asking the government to let it raise its household rates....a typical household's July power bill will be 7,537 yen, a 564 yen increase from June...the approval process takes time...prices will not be hiked until after July."

Source: Electricity, Gas Prices To Climb Again In July
The Nikkei Online
May 31 morning edition

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