By Miho Naganuma
Yomiuri Shimbun Staff Writer
Tokyo Gas Co., Japan's largest provider of piped gas, announced on Monday that it will raise rates from Oct. 1.
For households, both the basic and unit rates will increase, with the former rising by 150 yen. For corporate customers and sole proprietorships, rates will increase by an average of about 2.7%.
The new rates will take effect from the billing period ending in November.
Tokyo Gas cited rising operating costs stemming from inflation as the primary reason for the gas rate hike. The company said the decision was not influenced by the escalating conflict in Iran.
It will mark the first time for Tokyo Gas to raise gas rates since 1980 -- when it was affected by the 1970s oil crisis -- excluding cases in which the company passed on consumption tax increases or adjusted for fluctuating raw material costs.
The increase applies to all service areas covering the seven prefectures of Tokyo, Ibaraki, Tochigi, Gunma, Saitama, Chiba and Kanagawa. For a standard household using 30 cubic meters of gas per month, the monthly fee will rise by 241 yen to 6,910 yen in Gunma Prefecture and by 150 yen to 5,884 yen in the other six prefectures.
Tokyo Gas has about 8.8 million gas supply contracts. The price hike will affect about 8.6 million contracts, made up of both residential and business customers.
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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.
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April 28, 2026 05:57 ET (09:57 GMT)
Copyright (c) 2026 The Yomiuri Shimbun
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