Ministry freezes electricity rates until December meet
The ministry will seek a NT$71.1 billion subsidy to cover Taipower’s fuel-cost losses and avoid passing higher costs to consumers.
4 Articles
4 Articles
Ministry freezes electricity rates until December meet
The Ministry of Economic Affairs yesterday said it would delay setting new electricity rates until its meeting in December, in a bid to help curb increases in consumer prices.Taiwan Power Co (Taipower, 台電) proposed raising electricity rates by about 12.83 percent to NT$4.2675 per kilowatt-hour, refl
Taiwan freezes electricity rates to support economy
Taipei, Sept. 18 (CNA) Electricity rates in Taiwan will remain unchanged from October, the Ministry of Economic Affairs (MOEA) announced Friday following a review, citing the need to stabilize prices and support industrial development.
The second electricity price rate review meeting of 2026 was held on the 18th, and a final decision was made to freeze electricity prices across the board. Hsu Shu-po, chairman of the General Chamber of Commerce, believes that electricity prices should be adjusted appropriately, rather than a "so-called across-the-board freeze." However, the Chinese National Federation of Industries (CNFI) believes that due to many uncertainties in the internati…
The Ministry of Economic Affairs' Electricity Price Review Committee today (October 18) decided to temporarily freeze electricity prices in October, pending a comprehensive review at the December Electricity Price Review Committee meeting. Priority will be given to securing NT$71.1 billion in government subsidies. Taipower estimates that, assuming all energy prices remain unchanged, it will incur a loss of over NT$71.1 billion this year. Regardi…
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