Electricity, gas and energy utility bills rise all at once

2023-05-19 02:01:12

energy utility bills in May16th went up all at once. Electricity rates were raised by 8 won per kWh, and city gas rates were also raised by 1.04 won per MJ.

The Ministry of Trade, Industry and Energy (Minister Lee Chang-yang) announced plans to adjust electricity and gas rates for the second quarter of 2023 and support measures for the vulnerable at the Seoul Government Complex on May 15. With this adjustment, the electricity and gas charges for a household of 4 (using 332kWh and 3,861MJ) are regarding approx. month 3,000 won and month It is expected to rise by KRW 4,400.

Minister Lee said in an explanatory statement to the public that day, “Even though electricity and gas rates have been continuously adjusted from last year to the beginning of this year, the factors for increasing rates accumulated from the past have not yet been completely resolved.” A rate hike is inevitable to normalize the company’s management,” he explained.

related to this An official from KEPCO said, “This rate adjustment reflects some of last year’s fuel cost increase, which was not reflected in the rate adjustment in January, and was decided in consideration of consumer acceptance.” said.

An official from KOGAS said, “The first quarter gas rates were frozen in consideration of the burden on the people during the winter season, when demand for heating increases significantly, but recently, receivables from KOGAS are rapidly increasing and the financial situation is deteriorating. revealed

KEPCO posted an operating loss of 6.2 trillion won in the first quarter following recording an operating loss of 32.7 trillion won last year due to the surge in international fuel following 2021. KOGAS had receivables of 11.6 trillion won in the first quarter, a debt ratio of 640% and a 137%p increase from the same period last year.

Prior to May 12 KEPCO Gas CorporationIs As a self-rescue measure to normalize business It announced that it would implement high-intensity financial savings of KRW 25.7 trillion and KRW 15.4 trillion, respectively, by increasing profits through the sale of non-core assets and leasing of owned assets, and the return of incentives for executives and employees.

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