September 9, 2011
Toshio Nishizawa
President
Tokyo Electric Power Company
On August 30th, the Government announced that the electricity consumption
restriction effective from July 1st per "Article 27 of the Electricity
Business Act" will be lifted today.
During this period, I am aware of the huge impact that such restrictions
have had on all of the business activities of those corporations and public
institutions that entered into bulk power purchase agreements with TEPCO.
Please accept my heartfelt apologies for the tremendous inconvenience that
ensued.
In comparing this summer to last year's, at peak temperatures the
electricity demand was lower by approximately 9 to 10 GW enabling us to
successfully maintain an even supply-demand balance. Nevertheless, we
attribute this to the energy-saving efforts of all our customers including
our bulk power purchasers. It is to all of those who extended their
generous cooperative efforts that I bow down my head to and express my
deepest appreciation.
While we will continue to exert maximum effort to stabilize the supply-
demand balance, we kindly request your continued efforts in keeping
electricity consumption within reasonable levels.
We will release an announcement concerning the electricity supply-demand
situation including a breakdown of the effects due to electricity
consumption cutbacks as soon as we have completed our analysis.
Thank You.