Press Release
Fuel Cost Adjustments, etc. included in Electricity Rates for April 2023

February 24, 2023

TEPCO Energy Partner, Inc.

In response to today's announcement of the fuel prices from November 2022 to January 2023 (prices of crude oil, LNG, and coal according to trade statistics), the fuel cost adjustment unit prices and the fuel cost, etc. adjustment unit prices included in the electricity rates for April 2023 have been determined as follows.
Furthermore, in regards to high-voltage/extra high-voltage supply customers, from April 1 onward, in addition to updating fuel cost adjustments with the latest power configuration and fuel cost figures, fuel cost etc. adjustment unit prices that include market price adjustments that reflect spot market price fluctuations on the Japanese Electric Power Exchange will be newly applied (Please see Attachment 3).

1. For low-voltage supply customers: Fuel cost adjustment unit prices (including tax)

2. For high-voltage/extra high-voltage supply customers: Fuel cost, etc. adjustment unit prices and fuel cost adjustment unit prices (including tax)
The fuel cost, etc. adjustment unit prices will be applied from April 1, 2023 onward for customers whose contracts expire during the period from December 31, 2022 to March 31, 2023, or for those who start new contracts on or after September 20, 2022.
In addition, these prices will apply to the subsequent contract period for customers whose contracts expire on or after April 1, 2023.

<After new prices go into effect> Fuel cost, etc. adjustment unit prices
Fuel cost adjustment unit prices

<Before new prices go into effect> Fuel cost adjustment unit prices

*1 Kanto Area: Tochigi Prefecture, Gunma Prefecture, Ibaraki Prefecture, Saitama Prefecture, Chiba Prefecture, Tokyo Metropolitan Area, Kanagawa Prefecture, Yamanashi Prefecture and Shizuoka Prefecture (east of Fujikawa)
*2 Rate plans before the full liberalization of the electricity market (excluding optional agreements) such as Meter-Rate Lighting, Low-Voltage Electricity, etc.
*3 Rate plans after the full liberalization of the electricity market such as Standard Plan, Premium Plan, Smart Life Plan, Power Plan, etc., and optional agreements such as Denka Jozu
*4 A consumption tax and other costs are included in the prices.
*5 Calculated based on the average fuel price of 66,300 yen/kl because the average fuel price exceeded the maximum price (66,300 yen/kl)
*6 April 2023 rates (March consumption. However, this correlates to April consumption for high-voltage supply contracts for which meters are read on the first day of each month) include unit price discounts (low-voltage supply: 7.00 yen/kWh, high-voltage supply: 3.50 yen/kWh) as a nationwide measure for mitigating sharp fluctuations in electricity rates. However, these measures do not apply to extra high-voltage supply contracts. For further details, please refer to the page on our website dedicated to this topic (in Japanese only). Please note that April 2023 rates correlate to consumption during the period from when the meter is read (or measurement date) in March 2023 to the day before the meter is read (or measurement date) in April 2023. However, for high-voltage supply contracts for which meters are read on the first day of each month, this correlates to consumption during the period from April 1, 2023 to the last day of April, 2023.

<Reference 1> The change of the electricity rates on the average model (Comparison with the electricity rate for March 2023)

*1 The rates shown in the table above are applicable to the case of 30A of meter-rate lighting B with electricity consumption of 260kWh/month. They include the renewable energy power promotion surcharge (897 yen), automatic bank transfer discount (55yen), and a consumption tax and other costs.
*2 Effective April 1, 2023, revisions will be made to reflect fluctuations in consigned transmission rates on April 1, 2023 and October 1, 2021 (already announced on February 14, 2023, but in Japanese only). The actual payment amount will be the sum of the prorated amounts of the ”new” and the ”old.”
*3 Includes an electricity consumption discount of 1,820 yen (260 kWh×7.00 yen/kWh) as a nationwide measure for mitigating sharp fluctuations in electricity rates.

<Reference 2> Fuel Prices
(1) Average fuel prices (the Trade Statistics of Japan)