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Policy Watch

METI seeks ¥521.9bn reserve draw to discount winter power and gas bills from December

METI has asked for ¥521.9bn from a reserve fund to pay for set electricity and city-gas discounts on December to February usage, a month earlier than last winter, with approval requested for November 13.

By Tokyo Brief DeskNov 13, 2026, 20:29 JST2 min read
An electricity meter and a gas meter on a wall beside a simple stepped bar chart of monthly discount levels.

The Ministry of Economy, Trade and Industry has asked the finance minister for ¥521.9bn from the Middle East contingency reserve fund to pay for discounts on household and business electricity and city-gas bills this winter. The request document is dated November 12, 2026, and asks that approval be dated November 13. The request itself does not show that approval has been given or money paid out.

What the money covers

The request is for ¥521,875,491 thousand under the Agency for Natural Resources and Energy's energy supply-structure upgrading line. Of that, ¥520,961,290 thousand is a fixed-rate subsidy to private bodies for the bill-relief programme, and ¥914,201 thousand is a contract fee to a private body for screening and related work. The request gives the reason as the current surge in energy prices linked to the Middle East situation, and says winter-demand-season support is needed. It cites the 1954 cabinet decision on use of reserve funds.

METI's programme sheet lists the same project at ¥521.9bn (5,219 hundred million yen) from the fiscal 2026 reserve.

Three months, set discounts

The programme covers electricity and gas used from December 2026 to February 2027. METI says support starts one month earlier than last winter, and its stated aim is to ease burdens on households and businesses strained by higher prices.

The state sets a per-unit discount, and retailers that apply it to customers' bills according to usage are reimbursed. The sheet lists these rates:

State-set winter discount rates
Per unit of usage in each month, from METI's programme sheet.
CategoryDecember usageJanuary usageFebruary usage
Electricity, low-voltage contracts¥1.0/kWh¥4.5/kWh¥4.5/kWh
Electricity, high-voltage contracts¥0.5/kWh¥2.3/kWh¥2.3/kWh
City gas¥4.0/m3¥18.0/m3¥18.0/m3

The sheet describes the subsidy as fixed-rate and routed through retailers, with a private contractor acting as the programme secretariat.

What is still open

The documents do not say how many customers the discounts would reach or what they would take off a typical bill. They also do not say whether the reserve draw has been approved. The November 13 date in the request is the approval date METI asked for, not a confirmed decision.

Earlier Tokyo Brief coverage