Feed-in tariff surcharges to be doubled for FY15

Croak

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The Economy, Trade and Industry Ministry announced on Thursday that it will double surcharges based on the government's feed-in tariff program in fiscal 2015 for the purpose of broadening adoption of renewable energy.

The monthly surcharge for an average household with monthly electricity use of 300 kilowatt-hours is expected to be ¥474. The move will negate the consumer benefit of low-priced crude oil, with effective power rates likely to be raised substantially from May.

As the proportion of high-cost renewable power generation has been growing, monthly surcharges for an average household rose from ¥87 in fiscal 2012 to ¥120 in fiscal 2013 and ¥225 in fiscal 2014.

The total burden, including for companies and others, is expected to rise to ¥1.3 trillion in fiscal 2015 from ¥650 billion in fiscal 2014. Small and medium-sized companies, whose electricity usage tends to be large, will be particularly hard-hit.

太陽光や風力など再生可能エネルギーの固定価格買取制度で、標準的な家庭の電気料金の­負担額が、2015年度から、現在よりも2倍以上に増えることがわかった。

Mar 21

The Economy, Trade and Industry Ministry announced on Thursday that it will double surcharges based on the government's feed-in tariff program in fiscal 2015 for the purpose of broadening adoption of renewable energy. (The Japan News)

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