By: Liao Yu-yang and Elizabeth Hsu
Taipei, March 18 (CNA) The Ministry of Economic Affairs (MOEA) decided Monday to keep Taiwan’s basic electricity rate unchanged at NT$2.6253 (US$0.085) per kilowatt-hour (kWh).
The decision was made during a meeting convened by the Electricity Tariff Review Committee under the MOEA.
The committee reviews and proposes possible adjustments to electricity rates twice a year, and the ministry generally follows its recommendations.
In March 2018, the committee decided on a 3 percent hike to take effect beginning April 1, representing the first adjustment of power rates since April 2016. [FULL STORY]