Gov't lowers household electricity costs for July, August
  • 6 years ago
산업부, 누진제 완화 전기요금 지원대책 발표

The unprecedented heat in Korea this summer has a lot of people worried about their power bills.
It's been dangerously hot, in fact, so they've had no choice but to run the air conditioning.
This afternoon, the government laid out a plan to reduce people's electricity expenses... by adjusting the progressive billing rate for households.
Kim Ji-yeon reports.
The Minister of Trade, Industry and Energy Paik Un-gyu, announced plans Tuesday to ease the burden on households from electricity bills during this summer's heatwave... by changing the billing system for July and August.
The progressive billing rates will be revised so that the first two stages are each 1-hundred kilowatt hours higher,... meaning the lowest tier applies until usage hits 300 kilowatt-hours... and the second tier goes until 500.
For example, a household of four using 350 kilowatt-hours of electricity in a month... would only have to pay 58-U.S. dollars -- down 25-and-a-half-percent from the current rate.
On average, the ministry estimates that more than 15-million households will save 10-thousand won or around 9 dollars a month... when their bills arrive as soon as this week.
Though the discount applies to every household in principle, for those whose bills for July have already come, the ministry says they'll get the savings next month.
In terms of how much extra the heatwave is going to cost people, the vast majority of households -- 89 percent -- are expected to see their bills rise by less than 9 dollars.
That's based on analyis by the ministry of more than 4 million households.
Those who're going to owe more than 44 dollars extra... are only one-percent.
The ministry also unveiled mid-to-long term plans to improve the current progressive tariff system... by conducting test cases later this year and implementing the changes by 2021.
It also says it'll expand discounts for nearly 3 million low-income families and households with babies to help them stay safe in the summer weather.
Kim Ji-yeon, Arirang News.
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