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KEPCO to up electricity rate for 1st time in 8 years

General 09:42 September 23, 2021
KEPCO to up electricity rate for 1st time in 8 years
KEPCO to up electricity rate for 1st time in 8 years

Electric meters are installed at an apartment in Seoul on Sept. 23, 2021. The Korea Electric Power Corp. (KEPCO), South Korea's state-run utility firm, announced the same day it plans to raise the electricity rate in the fourth quarter of 2021 to reflect the hike in the global price of resources, marking the first increase in the electricity rate since November 2013. Under the new rates, an average four-member household is expected to pay 1,050 won extra every month. (Yonhap)
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09:42 September 23, 2021
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