Shikoku Electric Power will raise every low-voltage retail plan from 1 November, passing on the higher grid charges its network subsidiary secured this month. The company also said high-voltage and extra-high-voltage customers will be billed the higher demand-side wheeling rate from the same date.
The announcement follows the approval and tariff filing covered on 11 September. Shikoku Electric Power T&D applied on 10 July to revise its expected revenue, won approval from the economy and industry minister on 4 September, and filed the revised wheeling terms on 11 September, to apply from 1 November.
What households pay
The company published four sample household bills. Each compares current charges with post-revision charges, using the November fuel-cost adjustment rate and including the renewable-energy levy, discounts and consumption tax.
| Plan and usage | Current | After revision | Change |
|---|---|---|---|
| Juryo Den-to A, 260kWh | ¥8,894 | ¥9,372 | +¥478 |
| Otoku e plan, 300kWh | ¥10,310 | ¥10,819 | +¥509 |
| Den-ka e plan, 6kW, 592kWh | ¥20,005 | ¥20,777 | +¥772 |
| Hiru-toku e plan, 6kW, 577kWh | ¥18,815 | ¥19,592 | +¥777 |
The Den-ka e plan figure includes a 10% discount for electric appliance use. The increases apply to these sample usage levels and plans; other households will see different amounts.
Regulated and free-market plans
Regulated tariffs, defined in the specific retail supply terms, cover fixed-rate lighting, metered lighting A and B, temporary lighting, public street lighting, low-voltage power, temporary power and agricultural power. Because changing them requires a filing with the minister, Shikoku Electric filed the revised terms on 29 September.
For low-voltage free-tariff plans, the change covers usage after the November meter-reading date and takes effect in December billing.
Earnings effect
Shikoku Electric has not yet calculated the effect on consolidated results, since its pass-through policy was only now settled. It expects the impact to be in line with the extra wheeling revenue implied by the grid subsidiary's filing: ¥33.8bn over the current and next fiscal years, or ¥23.9bn a year.