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Electricity rate remains frozen for Q2 | Yonhap News Agency

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March 23, 2026, 3:05 AM 8 min read 18 views

Summary

The adjusted unit fuel cost, a key part of the country's electricity rates, will remain at the maximum level of 5 won per kilowatt-hour (kWh) for the April-June period, KEPCO said. The fuel cost adjustment unit price is determined before each quarter within a range of plus or minus 5 won per kWh based on energy prices, such as coal and liquefied natural gas (LNG), over the previous three months. "We were notified by the government to maintain the current rate of 5 won per kWh in the second quarter, considering KEPCO's financial situation and the significant amount of unadjusted fuel cost charges in the past," the company said, noting it has also been asked to continue its efforts to normalize its management. This file photo, taken Dec. 18, 2025, shows electric meters of a building in Seoul. (Yonhap) (END) Related Articles (2nd LD) KEPCO's 2025 net spikes 141.2 pct to 8.73 tln won amid efforts to improve fiscal health KHNP says will expand nuclear capacity factor to 15-yr high to meet growing demand KEPCO keeps electricity rate frozen for Q1 Keywords #KEPCO #electricity rate Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Most Viewed All Categories (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul S. Korea set to convene 1st session of new Supreme People's Assembly Most Viewed More Most Viewed Photos Fans leave BTS concert Gwanghwamun crowded as BTS set to hold concert BTS holds comeback concert BTS holds comeback concert prev Electricity rate remains frozen for Q2 Next Electricity rate remains frozen for Q2

## Summary
The adjusted unit fuel cost, a key part of the country's electricity rates, will remain at the maximum level of 5 won per kilowatt-hour (kWh) for the April-June period, KEPCO said. The fuel cost adjustment unit price is determined before each quarter within a range of plus or minus 5 won per kWh based on energy prices, such as coal and liquefied natural gas (LNG), over the previous three months. "We were notified by the government to maintain the current rate of 5 won per kWh in the second quarter, considering KEPCO's financial situation and the significant amount of unadjusted fuel cost charges in the past," the company said, noting it has also been asked to continue its efforts to normalize its management. This file photo, taken Dec. 18, 2025, shows electric meters of a building in Seoul. (Yonhap) (END) Related Articles (2nd LD) KEPCO's 2025 net spikes 141.2 pct to 8.73 tln won amid efforts to improve fiscal health KHNP says will expand nuclear capacity factor to 15-yr high to meet growing demand KEPCO keeps electricity rate frozen for Q1 Keywords #KEPCO #electricity rate Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Most Viewed All Categories (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul S. Korea set to convene 1st session of new Supreme People's Assembly Most Viewed More Most Viewed Photos Fans leave BTS concert Gwanghwamun crowded as BTS set to hold concert BTS holds comeback concert BTS holds comeback concert prev Electricity rate remains frozen for Q2 Next Electricity rate remains frozen for Q2

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SEOUL, March 23 (Yonhap) -- The state-run Korea Electric Power Corp. (KEPCO) said Monday it will freeze electricity rates for the second quarter.
The adjusted unit fuel cost, a key part of the country's electricity rates, will remain at the maximum level of 5 won per kilowatt-hour (kWh) for the April-June period, KEPCO said.
The company has maintained the adjusted unit fuel cost at 5 won since the third quarter of 2022.
The fuel cost adjustment unit price is determined before each quarter within a range of plus or minus 5 won per kWh based on energy prices, such as coal and liquefied natural gas (LNG), over the previous three months.
"We were notified by the government to maintain the current rate of 5 won per kWh in the second quarter, considering KEPCO's financial situation and the significant amount of unadjusted fuel cost charges in the past," the company said, noting it has also been asked to continue its efforts to normalize its management.
In 2025, KEPCO's net income soared more than 141 percent from a year earlier to 8.73 trillion won (US$5.79 billion), amid its continued efforts to improve its financial stability.
KEPCO's financial difficulties began when it continued supplying electricity at prices below production costs, even as global energy prices surged between 2021 and 2023 amid the Russia-Ukraine war.
This file photo, taken Dec. 18, 2025, shows electric meters of a building in Seoul. (Yonhap)
(END)
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Electricity rate remains frozen for Q2
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Electricity rate remains frozen for Q2

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## Expert Analysis

### Merits
- The fuel cost adjustment unit price is determined before each quarter within a range of plus or minus 5 won per kWh based on energy prices, such as coal and liquefied natural gas (LNG), over the previous three months. "We were notified by the government to maintain the current rate of 5 won per kWh in the second quarter, considering KEPCO's financial situation and the significant amount of unadjusted fuel cost charges in the past," the company said, noting it has also been asked to continue its efforts to normalize its management.

### Areas for Consideration
- This file photo, taken Dec. 18, 2025, shows electric meters of a building in Seoul. (Yonhap) (END) Related Articles (2nd LD) KEPCO's 2025 net spikes 141.2 pct to 8.73 tln won amid efforts to improve fiscal health KHNP says will expand nuclear capacity factor to 15-yr high to meet growing demand KEPCO keeps electricity rate frozen for Q1 Keywords #KEPCO #electricity rate Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Most Viewed All Categories (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul S.

### Implications
- OK SEOUL, March 23 (Yonhap) -- The state-run Korea Electric Power Corp. (KEPCO) said Monday it will freeze electricity rates for the second quarter.
- The adjusted unit fuel cost, a key part of the country's electricity rates, will remain at the maximum level of 5 won per kilowatt-hour (kWh) for the April-June period, KEPCO said.
- This file photo, taken Dec. 18, 2025, shows electric meters of a building in Seoul. (Yonhap) (END) Related Articles (2nd LD) KEPCO's 2025 net spikes 141.2 pct to 8.73 tln won amid efforts to improve fiscal health KHNP says will expand nuclear capacity factor to 15-yr high to meet growing demand KEPCO keeps electricity rate frozen for Q1 Keywords #KEPCO #electricity rate Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Most Viewed All Categories (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul S.
- Korean man at club (LEAD) BTS stages concert in Seoul's Gwanghwamun to mark long-awaited return N.

### Expert Commentary
This article covers seoul, bts, kepco topics. Notable strengths include discussion of seoul. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 551.
seoul bts kepco electricity concert won rate amid

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