Tohoku Electric to Raise Power Rates for All Customers From November
Tohoku Electric will raise electricity rates for every customer class from November 1, adding ¥485 a month to a typical household bill and around ¥17,000 to an office or commercial building's, as its grid subsidiary's revised wheeling charges take effect the same day. The company expects the change to improve group earnings by roughly ¥30bn this fiscal year, but has not folded that into full-year guidance.