News
Summer energy price hikes to begin on 1 June
Taiwan Power Company (Taipower) says its annual summer electricity pricing scheme will begin on 1 June and remain in place until 30 September.
According to the state-run power utility, the summer price hike will range from 0 to 28% this year, compared with the standard October to May rates.
Under the scheme, households consuming less than 120 kilowatt hours of power should not be affected by the steeper costs and will continue to pay the standard NT$1.63 per kilowatt hour during the summer. Taipower says 3.78-million households fell into this category in 2022.
Households that consume more than 120 kilowatt hours of power a month will face an increase ranging between 13 to 28% under the progressive rate system.
And that means households using more than 1,000-kilowatt hours of power a month will be hit with the biggest 28% rate hike - meaning they will be charged NT$7.69 per kilowatt hour from 1 June through to 30 September.
However, Taipower says only 3% of total households consumed more than 1,000 kilowatt hours of power a month last year.
