Tuesday, December 16, 2025

[Breaking News] The Party and Government "Ease the Progressive Electricity Rate to Reduce Cooling Costs"

Input
2025-07-15 09:11:15
Updated
2025-07-15 09:11:15
Jin Seong-jun, Chairman of the Policy Committee of the Democratic Party of Korea (fourth from left), is speaking at the 'Heatwave Countermeasure Party-Government Meeting' held at the National Assembly Members' Office Building in Yeouido, Seoul on the 15th. Photo=Yonhap News

[Financial News] The Democratic Party of Korea and the government decided to ease the progressive electricity rate sections to reduce cooling costs due to the heatwave during a working-level party-government meeting on the 15th.
For this month and next month, the current 0~200 kilowatt section will be expanded to 0~300 kilowatts, and the 200~400 kilowatt section will be expanded to 300~450 kilowatts.

uknow@fnnews.com Kim Yun-ho Kim Hyeong-gu reporter