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Korea will adjust residential progressive electricity tariffs to ease financial burden caused by high electricity bills amid this summer’s unprecedented heat wave.

by HyggePost Writer 2018. 8. 8.
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Korea will adjust residential progressive electricity tariffs to ease financial burden caused by high electricity bills amid this summer’s unprecedented heat wave. Under the new measure, the baseline will increase to 300 kilowatt-hours, while the ceiling of the second tier will rise to 500 kilowatt-hours. The government also offered to broaden discounts for low-income families and households with babies. While households with babies younger than one year old currently receive a 30 percent discount on their electricity bills, the benefit will be extended to those raising toddlers under the age of three.
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