COST OF LIVING/Taipower gives tips for cutting power bills in shared rentals
Taipei, March 19 (CNA) Taiwan Power Co (Taipower) said Sunday that tenants who share electricity meters may wish to consider requesting a change of that arrangement, given the impending increase in power rates.
The installation of an independent meter for each unit in a building, however, will require permission from the landlord, who in turn will have to apply to Taipower for a change in wiring and the addition of separate meters, the state-run company said.
Meanwhile, tenants whose power consumption exceeds 700 kWh per month can opt for a plan known as time-of-use rates, under which they can ask to shift some of their recorded usage to a period when electricity rates are lower, Taipower said.
The company offered the tips as it prepared to increase power rates for domestic and business users, with effect from April 1.
According to the new rates announced last Friday, households will see a 3 percent increase if their monthly electricity consumption exceeds 700 per kilowatt-hour (kWh), and 10 percent if it is over 1,000 kWh.
Taipower said Sunday that only 3 percent of the 13 million residential users in Taiwan consume more than 1,000 kWh of electricity per month.
The increases will be higher in the industrial sector, where prices will be hiked 17 percent for industries that use high and ultra-high voltage, while smaller companies that use low-voltage electricity will see a price hike of 10 percent.
Small businesses consuming more than 1,500 kWh a month will see a 3 percent increase, and those with a monthly consumption of over 3,000 kWh will face a 5 percent rise, according to the Ministry of Economic Affairs.
The decision to raise electricity rates "reflects costs, as fuel prices are expected to remain high this year," thus increasing the operational pressure on the state-run Taipower, the ministry said.
- Central bank to put inflation under spotlight in policymaking meetingYen Tzung-ta (嚴宗大), deputy governor of Taiwan's central bank, said on Monday that his bank will focus on inflation in the upcoming quarterly policymaking meeting as the public ...03/20/2023 02:08 PM
- Taiwan egg wholesalers decry price freeze, threaten to 'close market'A group of wholesale egg suppliers in Taipei is threatening to stop sales "indefinitely" if Taiwan's Poultry Association (TPA) extends the current price freeze next week, amid a ...03/19/2023 09:11 PM
- Electricity rate hike will hamper industries, economy: business groupsBusiness groups in Taiwan said Friday that the government's decision to raise electricity rates in the current economic climate will deal a further blow to Taiwan's exports and ...03/18/2023 03:38 PM
High court upholds death penalty for Malaysian student's killer03/23/2023 02:31 PM
Taiwan shares close up 0.66%03/23/2023 01:46 PM
Wu accuses China of bribing officials as Honduras switch nears03/23/2023 01:02 PM
U.S. House passes bill to strengthen support for Taiwan03/23/2023 11:41 AM
Taiwan headline news03/23/2023 10:26 AM