Electricity and city gas rates for November usage and December billing are expected to rise for the second consecutive month due to higher LNG prices, with Hokuriku Electric Power's electricity rate expected to reach an all-time high of ¥7,982.
Electricity and city gas rates will rise for November usage and December billing due to higher prices for liquefied natural gas, a fuel used in thermal power generation.
Hokuriku Electric Power's electricity rate will reach ¥7,982, which was reported as an all-time high.
The article conveys the impact of soaring fuel prices on household electricity and gas bills using specific figures.