The governors of Tokyo and nine other prefectures submitted a petition Wednesday calling Tepco's planned electricity rate hikes "extremely regrettable" and urged the utility to first accelerate efforts to restructure and rationalize its operations.
Tokyo Electric Power Co. intends to raise electricity charges for companies an average of 17 percent starting in April, and also hopes to increase rates for household users in the near future to cover fuel costs driven up by having to rely more heavily on thermal power. (Japan Times)
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