TAIPEI–Taiwan Power Co. (Taipower) published household electricity rates for the first two phases of a three-phase price hike plan on its website yesterday.
According to Taipower, electricity rates will be raised 40 percent of the originally announced rate hikes on June 10 and by the same percentage again on Dec. 10.
No timetable has been set for the remaining 20-percent price hike in the third phase, which depends on Taipower’s reform of its operations in the following months.
Under the originally announced plan, due to take effect on May 15, household electricity rates were to go up by an average of 16.9 percent.
In a speech last week, President Ma Ying-jeou estimated that the hikes will not affect 7.56 million households that use less than 330 kilowatts per hour (kwh) every month.
During non-summer months — outside the period of June-Sept. — in the first two phases, household electricity rates will remain at NT$2.10 per kwh for families that use less than 120 kwh per month, and NT$2.68 per kwh for families in the 121-330 kwh monthly range, Taipower announced on its website.
People that use less than 120 kwh per month during the summer season will also be unaffected in the first two phases of the price adjustment plan.
However, new electricity rates introduced in the first phase during non summer months will be NT$3.61 per kwh, NT$4.01 per kwh and NT$4.50 per kwh for families in the 331-500 kwh, 501-700 kwh and over 701 kwh per month ranges, respectively.
As for rates during the summer season in the first hike, households will be charged rates NT$3.02 for every kwh, NT$4.39 per kwh, NT$4.97 per kwh and NT$5.03 per kwh, for usage of 121-330 kwh per month, 331-500 kwh per month, 501-700 kwh per month, and more than 701 kwh per month, respectively.
Electricity rates for the second phase in December will be NT$3.94, NT$4.48 and NT$5.03 per kwh, for families in the 331-500, 501-700 and above 701 kwh per month ranges, respectively for non-summer seasons.
Rates during the summer season introduced in phase two will be NT$3.02, NT$4.72, NT$5.44 and NT$6.16 per kwh for families in the 121-330, 331 500, 501-700, and above 701 kwh per month ranges, respectively.