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News Wire / economy

Taiwan Electricity Rates Expected To Rise In Second Half Of Year

BCC News Taiwan Taipei 58d58d Impact 5
Taiwanese electricity users will face a 9.34% rate increase to reflect rising power generation costs. Taiwanese government officials announced that electricity rates for residential and industrial users will not be adjusted in May to stabilize domestic prices. Electricity prices in Taiwan may increase during the second half of the year due to high international natural gas spot market prices. Tensions in the Middle East have kept these prices at elevated levels. The source noted that while industrial and residential gas prices will not change in May, the electricity sector is expected to see adjustments. The price of industrial natural gas rose by 9.34% in May.

Topics

electricity utility rates inflation

Developing

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Sources · 7 independent

BCC News Taiwan

“為了合理反應高漲的電源成本 調漲9.34%”

BCC News Taiwan

“電業用戶方面 為了合理反應高漲的電源成本 調漲9.34%”

BCC News Taiwan

“The second half of the year electricity prices may start to rise because of Middle East tensions and high international natural gas spot market prices.”

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