KEPCO to Raise Bills for Industrial Use amid Financial Strains

SEOUL, Oct. 23 (Korea Bizwire) — The state-run Korea Electric Power Corp. (KEPCO) said Wednesday it will raise electricity rates for industrial use while freezing those for households starting this week amid global energy price volatility and escalating financial strains. Under the decision, the electricity rate for industrial use will rise 9.7 percent on average [...]