TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC. Fuel Cost Adjustments, etc. included in Electricity Rates for August 2024
June 27, 2024
TEPCO Energy Partner, Inc.
In response to today's announcement of the fuel prices from March 2024 to May 2024 (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 August 2024 have been determined as follows.
1. For low-voltage supply customers: Fuel cost adjustment unit prices (tax included)
Fuel Cost Adjustment Unit Prices (per 1kWh) *4 | ||||||
Service | Contract Category | Difference Between | ||||
Area | August 2024 | July 2024 | July 2024 and | |||
August 2024 | ||||||
Contracts for which | ||||||
specified retail supply | - 6.31 yen | - 6.09 yen | - 0.22 yen | |||
Low- | agreements apply*2 | |||||
Kanto*1 | Contracts for which | |||||
Voltage | ||||||
electricity | ||||||
Supply | ||||||
supply/demand | - 6.31 yen | - 6.09 yen | - 0.22 yen | |||
agreements [low- | ||||||
voltage] apply*3 |
2. For high-voltage/extrahigh-voltage supply customers: Fuel cost adjustment unit prices, Market price adjustment unit prices, and Fuel cost, etc. adjustment unit prices (tax included)
Fuel Cost Adjustment Unit Prices (per 1kWh) *4 | ||||||
Service | Contract Category | Difference Between | ||||
Area | August 2024 | July 2024 | July 2024 and August | |||
2024 | ||||||
High- | ||||||
Voltage | - 1.08 yen | - 0.87 yen | - 0. 21 yen | |||
Basic | Supply | |||||
Extra | ||||||
plan | ||||||
High- | ||||||
- 1.05 yen | - 0.85 yen | - 0. 20 yen | ||||
Voltage | ||||||
Standard | ||||||
Kanto *1 | Supply | |||||
options | ||||||
High- | ||||||
Market | Voltage | - 1.28 yen | - 1.04 yen | - 0. 24 yen | ||
Supply | ||||||
price | ||||||
Extra | ||||||
adjustment- | ||||||
High- | ||||||
free plan | - 1.25 yen | - 1.01 yen | - 0. 24 yen | |||
Voltage | ||||||
Supply |
Service | Contract Category | Market Price Adjustment Unit Prices (per 1kWh) *4 | |||||||||||
Area | August 2024 | ||||||||||||
High- | |||||||||||||
Voltage | The applicable market price adjustment unit price will be | ||||||||||||
Basic plan | Supply | announced on September 2, 2024 for contracts for which | |||||||||||
Extra High- | meters are read on the first day of each month. | ||||||||||||
Voltage | The applicable market price adjustment unit price will be | ||||||||||||
Kanto *1 | Standard options | Supply | |||||||||||
High- | announced on August 1, 2024 for contracts for which | ||||||||||||
Voltage | meters are read anytime between the second and last day | ||||||||||||
Market price- | Supply | of each month. | |||||||||||
linked plan | Extra High- | ||||||||||||
Voltage | |||||||||||||
Supply | |||||||||||||
Fuel Cost, etc. Adjustment Unit Prices (per 1kWh) *4 | |||||||||||||
Service | Difference | ||||||||||||
Contract Category | Between July | ||||||||||||
Area | August 2024 | July 2024 | |||||||||||
2024 and | |||||||||||||
August 2024 | |||||||||||||
High- | |||||||||||||
Voltage | - 1.10 yen | - 1.07 yen | - 0.03 yen | ||||||||||
Supply | New*6 | ||||||||||||
Extra High- | |||||||||||||
Existing | Voltage | - 1.07 yen | - 1.04 yen | - 0.03 yen | |||||||||
Kanto*1 | standard | Supply | |||||||||||
High- | |||||||||||||
options*5 | Voltage | - 4.14 yen | - 4.14 yen | 0.00 yen | |||||||||
Supply | Old*7 | ||||||||||||
Extra High- | |||||||||||||
Voltage | - 4.02 yen | - 4.02 yen | 0.00 yen | ||||||||||
Supply |
*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 Existing rate plans such as Business power, Extra high-voltage power A, etc.
*6 If the contract expiration date is March 31, 2024 or thereafter, the rate will be applied from the subsequent calculation period.
*7 If the contract expiration date is April 1, 2024 or thereafter, the rate will be applied until the contract expires.
Difference | |||
August 2024 | July 2024 | Between July 2024 | |
and August 2024 | |||
Electricity | 8,873 yen | 8,930 yen | - 0.57 yen |
Rates* | |||
- 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 (907 yen) and a consumption tax and other costs.
- Average fuel prices (the Trade Statistics of Japan)
From
March 2024 to
May 2024
(actual figures)
Average Crude Oil Price | 82,055 yen/kl | |
Average LNG Price | 92,284 yen/ t | |
Average Coal Price | 24,096 yen/ t | |
Average | Low-Voltage Supply | 51,600 yen/kl |
High-Voltage Supply/Extra High-Voltage Supply | 51,300 yen/kl | |
Fuel Price | ||
High-Voltage Supply/Extra High-Voltage Supply ※ | 52,200 yen/kl | |
- When *7 of "2. For high-voltage/extrahigh-voltage supply customers: Fuel cost adjustment unit prices, Market price adjustment unit prices, and Fuel cost, etc. adjustment unit prices (tax included)" applies.
- Changes in fuel prices
From February 2024 | From March 2024 to May 2024 | ||||
to April 2024 | (applied to August 2024) | ||||
(applied to July 2024) | Average | Mar. 2024 | Apr. 2024 | May 2024 | |
Crude Oil ($/b) | 84.2 | 85.7 | 83.1 | 85.9 | 88.9 |
LNG (＄/ｔ) | 633.0 | 606.5 | 640.8 | 585.4 | 593.0 |
Coal (＄/ｔ) | 163.5 | 158.4 | 157.9 | 163.3 | 153.8 |
Exchange rate (¥/＄) | 149.7 | 152.2 | 149.4 | 151.6 | 155.5 |
(1) Average market price (Spot market)
Simple average spot market price | 11.52 yen/kWh | |
from 12 a.m. to 12 a.m. on the following day | ||
Actual figures from | Simple average spot market price | 9.43 yen/kWh |
from 8 a.m. to 4 p.m. | ||
March 21, 2024 to June | ||
20, 2024 | New*1 | 11.16 yen/kWh |
Average market price | ||
Old*2 | 10.80 yen/kWh |
*1 When *6 of "2. For high-voltage/extrahigh-voltage supply customers: Fuel cost adjustment unit prices, Market price adjustment unit prices, and Fuel cost, etc. adjustment unit prices (tax included)" applies.
*2 When *7 of "2. For high-voltage/extrahigh-voltage supply customers: Fuel cost adjustment unit prices, Market price adjustment unit prices, and Fuel cost, etc. adjustment unit prices (tax included)" applies.
(2) Market price trend
From Feb. | From March 21, 2024 to June 20, 2024 | ||||
21, 2024 | (applied to August 2024) | ||||
to May 20, | From | From | From | ||
2024 | Average | Mar. 21, 2024 | Apr. 21, 2024 | May 21, 2024 | |
(applied to | to | to | to | ||
July 2024) | Apr. 20, 2024 | May 20, 2024 | Jun. 20, 2024 | ||
Simple average | |||||
spot market prices | |||||
from 12 a.m. | 10.95 | 11.52 | 11.29 | 10.88 | 12.36 |
to 12 a.m. on the | |||||
following day | |||||
(yen/kWh) | |||||
Simple average | |||||
spot market prices | 8.83 | 9.43 | 9.06 | 8.38 | 10.81 |
from 8 a.m. | |||||
to 4 p.m. (yen/kWh) | |||||
Attachment 1:The Calculation of the Fuel Cost Adjustment Unit Price and the Electricity Rates for August 2024 (Kanto Area)
Attachment 2:Fuel Cost Adjustment Unit Prices for the Other Areas than Kanto
Attachments
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- Original Document
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Disclaimer
TEPCO - Tokyo Electric Power Company Holdings Inc. published this content on 27 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 July 2024 06:48:04 UTC.
