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Corporate Information

 
Press Release (Jan 26,2011)
Approval of FY 2011 Photovoltaic Power Promotion Surcharge
The Tokyo Electric Power Company, Inc. (TEPCO) today received approval from 
the Minister of Economy, Trade and Industry to apply the Photovoltaic Power 
Promotion Surcharge ("PV surcharge") on all customer electricity bills from 
April 1, 2011 under "The Excess Electricity Purchasing Scheme for photovoltaic 
power." TEPCO submitted a request for approval concerning the definition of 
supply conditions outside the scope of general supply agreements on January 
20, 2011, and the request was approved as is. 

With respect to wheeling service agreement, TEPCO also submitted a special 
authorization request concerning the application for the PV surcharge on 
January 20, 2011. The authorization was granted today for wheeling service 
agreement as requested. 

The Excess Electricity Purchasing Scheme for photovoltaic power was launched 
on November 1, 2009, pursuant to the Law on the Promotion of the Use of 
Nonfossil Energy Sources and Effective Use of Fossil Energy Materials by 
Energy Suppliers and other related laws (hereinafter "the laws"). 

The cost to purchase surplus electric power from solar power plants under 
this scheme is to be borne by all electricity users, including those 
receiving a supply of high-voltage or special high-voltage electricity, in 
the form of a "Photovoltaic Power Promotion Surcharge." The supplier must 
calculate the PV surcharge amount for individual customers according to their 
electricity usage, based on the PV surcharge rate calculated every year 
pursuant to agreements of the laws. This amount will be added to monthly 
electricity bills.

<Calculation of electricity charges (for metered system)> 
Calculation of electricity charges (for metered system)
Here is the PV surcharge rate for FY 2011 (applicable to bills for April 2011 to March 2012) decided through deliberation by the Purchase System Subcommittee (a joint subcommittee of the New and Renewable Energy Subcommittee and the Electricity Industry Committee of the Advisory Committee for Natural Resources and Energy), which acts as an advisory body of the Minister of Economy, Trade and Industry.
* The same applies to customers receiving high-voltage or special high-voltage electricity supplies.
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