Fukushima firm raise electricity prices to cover compensation costs

The Japanese power company responsible for the Fukushima nuclear plant have announced price rises for the first time in thirty years. Tokyo Electric Power Company (Tepco), will raise prices for […]

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By Tom Gibson

The Japanese power company responsible for the Fukushima nuclear plant have announced price rises for the first time in thirty years. Tokyo Electric Power Company (Tepco), will raise prices for corporate clients next year, though it has not revealed by how much.

Tepco faces almost $100bn (£66bn) in nuclear compensation claims as a result of the nuclear fallout from the plant following this year’s earthquake.