Japan set a subsidy for household electricity next year at twice the subsidy for corporate electricity rates, and started to reduce household burden by 20% and reorganize the electric vehicle taxation system.
On the 26th, the Japanese government announced a policy to adjust the household electricity subsidy to 7 yen per KW/h and to 3.5 yen per KW/h, and to increase fiscal expenditure by 29 trillion yen in preparation for the increase in electricity rates.
In response to the rise in city gas, the Japanese government subsidized household gas by 30 yen per m² per household, and Yomiuri said Tokyo Gas would be cheaper by about 900 yen per month for standard households.
Yomiuri said, “Based on household electricity consumption of standard power consumption (260 kw/h), it will be reduced by about 20% (1,820 yen) from 9,126 yen in November to 7,306 yen next year,” Yomiuri said.
In the case of corporate subsidies, a method was devised to replace the Renewable Energy Supply Tariff (FIT) imposed by electric power companies.
The policy to reduce the burden of electricity and gas charges is expected to be implemented from January next year, and the gasoline price subsidy system currently paid is scheduled to be extended from the end of the first half of next year to the end of September 23rd.
On the 26th, the Japanese government began reforming the vehicle taxation system at the General Assembly of the Tax Advisory Committee to determine the taxation standards to be imposed on electric vehicles (EVs), which on average weigh 2-3% higher than internal combustion engine vehicles.
It is known that the new system in preparation for mass production and spread of electric vehicles (EVs) will impose a tax on vehicles based on mileage in consideration of the cost of road damage due to increased weight, which will be higher than that of existing internal combustion engines.
Japan has started converting all new cars sold in Japan to electric vehicles such as EVs by 2035, and the existing tax has been dependent on levying fuel such as gasoline and diesel.
On the 27th, the National Assembly Budget Office prepared a report on the budget for next year to 2,589.439 billion won, an increase of 507.825 billion won (24.3%) compared to the previous year.
KEPCO raised electricity rates by 6.9 won per kWh in April and 5 won in July, respectively, and then raised the fund management plan by 7.4 won per kWh to all users from October. For the first time, a 'large-capacity operator fee' was added for companies.
In Korea, electricity prices are high for both residential and industrial education, so the progressive system is aggravated only for residential use.
The standard electricity rate is 105 won for housing (per kwh in summer) and 81 won for industrial use, and the basic rate is cheaper for industrial use than housing (including general buildings).
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