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    electricity costs 結果共24筆

  • Taipower to receive NT$100B subsidy amid financial crisis

    The Executive Yuan of Taiwan approves an additional NT$100 billion budget for 2024 to support Taipower in offsetting electricity costs, addressing the company’s financial challenges and the impact of global events on fuel prices. The proposal, aimed at reducing Taipower’s projected deficit, now awaits Legislative Yuan review.
    2024/05/03 17:30
  • Price hike essential for stable power supply: MOEA

    Taiwan’s economic minister emphasized the necessity of a power price hike to address rising international fuel costs, but the Legislative Yuan voted to halt the hike due to public opposition. The decision raises concerns about Taipower’s financial stability and power supply.
    2024/05/01 17:11
  • Taiwan’s legislature votes to halt electricity price hike

    Discover how Taiwan’s Legislative Yuan voted to halt a planned electricity price hike, a decision driven by public concern over rising living costs and the complexities of energy policy.
    2024/04/30 15:49
  • Taiwan’s Central Bank updates inflation forecasts for 2024

    Taiwan’s Consumer Price Index indicates a continued slowdown in inflation with a slight rise in March. The Central Bank revises its inflation forecasts as electricity and living costs surge. The public’s economic outlook remains cautiously optimistic.
    2024/04/26 13:24
  • DPP skips KMT-led talks on halting electricity price hike

    Discover the ongoing political debate in Taipei as the DPP abstains from KMT-initiated talks on freezing electricity prices amid rising costs due to the Russo-Ukrainian War, highlighting the clash over addressing structural unfairness in charges.
    2024/04/24 18:01
  • Food vendors absorb electricity costs, fearing price hikes

    Lukang Old Street Business District chairperson Huang Shih-chieh expresses concern over rising electricity costs and their impact on food vendors, who may absorb cost increases to avoid raising prices due to declining consumer purchasing power, potentially leading to a vicious inflation cycle.
    2024/04/15 17:25
  • Taipei offers subsidies to mitigate rising electricity costs

    Explore how Taiwan’s significant electricity rate hike affects businesses and consumers, and the Taipei City Government’s efforts to mitigate these impacts through subsidies and energy-efficient technology upgrades.
    2024/04/10 17:31
  • Taiwan’s political parties clash over power costs

    DPP Legislator Rosalia Wu questions Legislative Yuan’s responsibility in case of Taipower collapse, prioritizing people’s livelihoods. KMT and TPP propose freezing electricity price hikes amidst Ministry of Economic Affairs’ decision to increase prices by 11% on April 1. DPP counters with cross-party negotiation pullback to address unreasonable proposals.
    2024/03/29 12:13
  • Electricity price hike to drive up costs: business heads

    Discover how Fubon Financial Holding Chair Daniel Tsai predicts a rise in commodity prices following an electricity price increase in Taiwan. Gain insights from industry leaders like Tung Tzu-hsien of Pegatron Corp on the impact of electricity costs on manufacturing and services sectors, and the necessity of reducing government subsidies. Stay informed on economic growth projections and the interplay between electricity prices and overall market dynamics.
    2024/03/28 17:59
  • Lawmaker proposes public review for electricity prices

    Kuomintang caucus whip Fu Kun-chi proposes amendment to The Electricity Act for public scrutiny of electricity price fluctuations amid impending price hike. Fu warns of potential impact on commodity prices and housing costs, criticizes current energy policies as flawed. Calls for national congress oversight and public review of electricity price changes.
    2024/03/27 15:41
  • Premier: electricity price hike with considerate adjustments

    Premier Chen Chien-jen discusses the upcoming electricity price hike in Taipei, emphasizing the government’s efforts to accommodate various businesses and groups. He highlights the introduction of TPASS to alleviate transportation costs and enhance public transportation convenience and safety.
    2024/03/26 13:58
  • Taipei mayor urges empathy over rising electricity costs

    Taipei Mayor Chiang Wan-an urges central government to empathize with public and small businesses amid electricity price hike concerns. Young homeowners worried about impact on quality of life. City government working to mitigate effects through increased revenue and reduced expenditure.
    2024/03/25 15:06
  • Taichung battles rising costs amid electricity price hikes

    Taichung Mayor Lu Shiow-yen addresses the impact of rising electricity prices on the city’s annual costs, emphasizing the need to safeguard public transportation and essential services from the effects of the 11% price hike set to take effect in April. The Taichung Metro company plans to mitigate the anticipated 14% increase through cost-saving and energy-efficient measures.
    2024/03/25 13:47
  • Taipower debunks myths about skyrocketing electricity bills

    Taiwan Power Company (Taipower) clarifies that specific household appliances do not lead to a monthly electricity bill increase of NT$10,000. Learn about time-of-use rates, energy-saving subsidies, and progressive billing for residential and business electricity consumption.
    2024/03/25 13:45
  • Taiwan holds steady on water prices amid economic debate

    Taiwan’s Minister of Economic Affairs, Wang Mei-hua, addresses concerns over potential water and electricity price hikes. Wang assures no immediate plans for water price increases and remains cautious on addressing the issue. Legislators advocate against compounding effects of electricity rate hikes and warn of potential inflation spikes. Discussions continue on balancing household electricity costs and industry consumption subsidies.
    2024/03/13 19:11
  • Taiwan braces for electricity price hike amid inflation woes

    Amid inflationary pressures, Taiwan plans to raise electricity prices, impacting daily life and industry, especially high-energy-consuming businesses like hot pot restaurants. The increase, projected to be across-the-board, could lead to higher operating costs and consumer prices. Taiwan Power Company faces substantial losses, with a potential 20% price surge predicted to affect economic growth and consumer prices. Some workers see the adjustment as a step towards sustainable energy development, encouraging energy-saving and emission-reduction industries.
    2024/03/13 15:28
  • Economic minister confirms electricity rate adjustments

    Minister of Economic Affairs Wang Mei-hua discusses electricity rate adjustments in Taiwan, emphasizing the impact on household usage below 330 kilowatt hours. Kuomintang Legislator Yang Chiung-ying opposes price hikes, proposing solutions to address citizen hardships amid inflation. Wang highlights considerations for nuclear power and renewable energy costs, amidst concerns over safety regulations and nuclear waste. Yang challenges Taipower’s deficits and criticizes passing on costs to residents through price increases.
    2024/03/07 17:23
  • Taipower to propose electricity price reform in March

    Taipower proposes moderate adjustments to residential electricity prices for the first time in 20 years due to discrepancies between current prices and actual costs. The Electricity Price Review Committee is set to convene in late March to determine new rates effective from April, with expectations of increases across both industry and residential sectors.
    2024/02/29 14:21
  • Taipower at risk of financial crisis without government aid

    Taiwan Power Co. (Taipower) faces a potential financial crisis by year-end without government aid or electricity price hikes, warned Minister of Economic Affairs Wang Mei-hua. An upcoming electricity price review may see rates for ultra-high-voltage users surge by over 10%. Wang emphasizes the need for discussion in the committee meeting and assures efforts to minimize impacts on the public. Taipower’s efficient management has helped curb price spikes and inflation, with plans in place for financial support and program development. Current electricity costs for major consumers stand at around NT$1.63, while Taipower’s generation cost, pre-tax, is NT$3.93, expected to surpass NT$4 post-tax.
    2024/02/20 13:10
  • Premier pledges transparency in future power rate hikes

    Taiwan Premier Chen Chien-jen emphasizes Taipower’s role in stabilizing commodity prices amid global challenges, promising transparency in future electricity rate adjustments. The upcoming electricity price review committee may lead to inclusive price hikes, citing the impact of the Russia-Ukraine conflict on raw material costs. Chen underscores Taipower’s efforts to control expenses and enhance efficiency while ensuring public understanding of any changes in electricity charges.
    2024/02/20 11:58
  • City gov’t finalizes rental fees for Taipei Dome

    The Taipei City Government has received proposed rental fee standards for the Taipei Dome from the Farglory Group. The Department of Sports confirmed that ticket sales and rental costs for domestic baseball games amounted to NT$525,000, including a 10% ticket sales cut. For non-ticketed events open to the public, venue rent costs rise to NT$1.05 million. The Taipei Dome has established its venue rental pricing standard after three months of trial run and submitted it to the city government. The rental fee will vary based on event types and standards, with utilities calculated separately. Different rates apply to international baseball events, non-baseball events, non-sporting events, and specific events like concerts or exhibitions. Rental costs also differ based on whether the venue is fully opened or not. The Farglory Group has provided the proposed fee standards to the city government for evaluation and a public announcement will be made after discussions.
    2024/02/02 15:54
  • Ko highlights Taiwan’s challenges under DPP rule

    Taipei mayoral candidate Ko Wen-je criticized the Democratic Progressive Party’s (DPP) governance in Taiwan, pointing out various shortcomings such as shortages of land, water, electricity, talent, and labor during Lai Ching-te’s tenure as premier. Ko also claimed that Taiwan is currently lacking eggs, pork, vaccines, health screening resources, and even toilet paper. He further highlighted present issues including low birthrates, national security risks from an aging population, wage stagnation, inflation, slow industrial transformation, and high housing costs. Ko accused the government of not allocating special budgets for expenditures, resulting in an alleged surplus of NT$900 billion, and criticized their lack of transparency. He expressed disappointment with the DPP’s failure to address issues left by the Kuomintang (KMT) after eight years in power. Additionally, Ko mentioned that Taiwanese people generally feel insecure about the current status of the Taiwan Strait, which has caused societal discord, political factions, and cross-strait unrest.
    2023/12/30 17:05
  • Taipower to expect over NT$460B cumulative loss by 2023

    Taiwan’s state-owned Taipower has reported a loss of NT$130 billion for the first half of 2023, despite the recent government decision to raise electricity prices for industrial users. The cumulative losses over two years are projected to exceed NT$460 billion by the end of the year.
    2023/10/04 20:19
  • Rising electricity prices worry Taiwanese businesses

    With summer approaching, Taiwan is preparing for another electricity hike.​​​​​​​ In early April, the average industrial electricity consumption price rose by 14.2% from NT$2.91 to NT$3.38 per Kilowatt-hour.
    2023/05/18 16:58
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