Kansai Electric Overcharges Customers About 14 Million Yen

Jiji Press··JP·Read original
2▲0 ▼2Impact / 5
Summary · why it matters

Kansai Electric Power announced on the 17th that it had miscalculated the costs underlying its electricity rates and had been overcharging customers in regulated sectors, including ordinary households, since April 2024. The impact is estimated at about 14 million yen, or at most 1 yen per month per contract. On the electricity rate front, Chubu Electric Power also announced overcharging on the 10th of this month, with the impact estimated at at least around 1.2 billion yen. Kansai Electric said it apologizes for causing concern and is considering how to refund the money.

Impact on assets 2

Energy Transition & Power Demand▼