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TEPCO to Cut Household Electricity Bills in July

TEPCO to Cut Household Electricity Bills in July

   Tokyo, June 18 (Jiji Press)--Tokyo Electric Power Company Holdings Inc. is expected to lower its electricity rate for a standard household by 616 yen from the previous month to 8,236 yen in July, people familiar with the matter said Wednesday.
   The reduction is largely as a result of subsidies that the Japanese government plans to provide for three months starting next month to lower electricity and city gas bills in an effort to mitigate the impact of higher prices on households.

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AFP-JIJI PRESS NEWS JOURNAL


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