TOKYO -- Japan is considering having new electricity suppliers shoulder some of the cost of compensating those affected by the 2011 Fukushima Daiichi meltdown -- a first since the market was opened up to companies besides the big regional utilities.
The expense has been covered by interest-free government loans to Tokyo Electric Power Co. Holdings, which operated the disaster-stricken nuclear plant. This debt is being repaid not only by Tepco, but also other major power companies such as Kansai Electric Power and Chubu Electric Power. Some 6 trillion yen ($57 billion) has already been paid out, more than the 5.4 trillion yen estimated in fiscal 2013, and the total is expected to rise by trillions of yen.
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our
to learn how you can update your cookie settings.