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Blue camp lawmakers propose to freeze electricity prices
Posted on 2024-03-29 15:26:13
The Legislative Yuan has not reached any resolution on stopping the
electricity price hike today.

The opposition KMT and TPP legislative caucus have separately proposed that
the Legislative Yuan pass a resolution to halt Taiwan Power's plan to raise
electricity rates.

The Economics Ministry announced last week that TaiPower will increase its
prices by an average of 11-percent on April 1st.

DPP legislative caucus whip Ko Jian-min says the Legislative Yuan decided in
2015 that electricity price deliberations must go through the Electricity
Price Review Committee, and the decision was subsequently incorporated into
the law.

Ko says with those regulations, it's unclear how the KMT and the TPP can
block the price hike.

He adds that it's also impossible for the Legislative Yuan to establish its
own electricity price review formula, amend the Electricity Act, and then
call for a halt.

The KMT says its goal is for the central government to immediately review the
current energy policy, while the TPP says until the government has a better
energy policy, electricity prices shouldn't go up.

(JL)

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