Taiwan: No Increase in Water Prices

24 Sep 2007 by Local Press Report
TAIPEI, Taiwan

— The Taiwan government will not raise water and electricity rates, according to local officials. Secretary-General Chen Chin-jun asked residents to conserve water. He said that despite the rise in water treatment costs. Chen said the price of electricity would not go up, either, despite a recent sharp increase in domestic gasoline prices. He said that the state oil company had not increased its price to the Taiwan Power Company. The government is effectively subsidizing the power company, to the tune of $1.1 billion USD, to keep energy production costs down, Chen said, Source: Taipei Times (Taiwan)

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