Electricity prices to rise by 3-17%

By ECCT staff writers

Taiwan Power Company (Taipower) will be raising electricity rates for a range of users, depending on their level of usage. Starting from 1 April, electricity prices will be raised by 3% for households which consume more than 700 kilowatt-hours (kWh) per month, and 10% for households using over 1,000 kWh per month. However, households which consume less than 700 kWh per month will see no increase in their bills.

Small businesses consuming more than 1,500 kWh a month will see bills rise by 3%, while those using more than 3,000 kWh a month will face a 5% rise.

Meanwhile industrial users and establishments that use high voltage and ultra-high voltage will see price hikes of 17%, while smaller companies that use low-voltage electricity will see prices rise by 10%. However, price increases will be halved for industrial users whose electricity consumption fell by 10% or more in the second half of 2022.