KEPCO Decides to Freeze Unit Fuel Cost for Electricity Rate for Q2 amid High Inflation

SEOUL, March 29 (Korea Bizwire) — South Korea’s state-run Korea Electric Power Corp. (KEPCO) said Tuesday it will freeze the adjusted unit fuel cost, a key part of the country’s electricity rates, in the second quarter despite high energy prices amid rising inflation. KEPCO said it has decided to set the adjusted unit fuel cost [...]

KEPCO Decides to Freeze Electricity Rate for Q1 of 2022

SEOUL, Dec. 20 (Korea Bizwire) — South Korea’s state power firm Korea Electric Power Corp. (KEPCO) said Monday it will freeze the country’s electricity rates in the first quarter of 2022 amid rising inflation. KEPCO said it has decided to set the adjusted unit fuel cost at zero won per kilowatt-hour for the January-March period [...]