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Starting in the new year, electricity bills go up and down based on the cost of fuels that generate electricity, such as coal, gas, and oil.
Right now, thanks to falling international oil prices, the standard for four-person households is said to drop by 1,000 won per month.
On the contrary, when the price of oil rises, so does the electricity bill.
Reporter Jo Yoon-jung will explain the details.
◀ Report ▶
International oil prices have fallen to record lows this year due to the coronavirus.
However, our electric bill was the same and KEPCO had a surplus of more than 3 trillion won.
This is because electricity rates are designed not to reflect changes in the prices of raw materials.
However, starting next year, fuel costs will be tied to electricity rates.
It was decided to reflect changes in the price of LNG and coal, which are fuels for the production of electricity, in the price of electricity every three months.
Accordingly, electricity bills based on four-person households in the first quarter of next year are expected to decrease by 1050 won and 1750 won in the second quarter due to low oil prices.
The problem is when oil prices rise again as the world economy recovers.
In this case, the government believes that electricity bills can go up too fast and fluctuations are limited.
Household electricity goes up and down only up to 1,750 won for a 4-person household, and industrial and general electricity goes up and down only up to 46,000 won.
[주영준/산업통상자원부 에너지자원실장]“In the case of oil prices or those that fluctuate too fast, the government has established a reserve clause that will finally make the decision to adjust this rate.”
The bills are also different.
Climate and environmental costs, namely Taga]When generating electricity, the costs spent to reduce environmental pollution, such as the mandatory use of renewable energy and the cost of reducing power generation with coal, have been written.
[정연제/에너지경제연구원 전력정책연구팀장]“For a clean environment, we have no choice but to bear this cost. It is the purpose of accurately transmitting the cost of the climate environment between the electricity bills.”
Additionally, the system that reduced electricity bills by 4,000 won for households using less than 200 kWh of electricity per month will be abolished by 2022.
This will increase electricity bills for about 10 million households. KEPCO explained that although this system was originally created for the purpose of supporting low-income families, it was decided to abolish it because one or two households that were living well were benefiting.
I’m Yoon-Jung Jo from MBC News.
(Video editing: Gomugeun)
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