Tepco WonÂ’t Increase Electricity 15 Per cent
The utility known as Tepco already informed creditors about the reversal of its plans, Kyodo said, citing the unidentified people. Tepco may propose a smaller price increase to cover expected higher costs, Kyodo said.
The company had planned to boost prices to help cover costs associated with reactor meltdowns at its Fukushima Dai-Ichi nuclear plant, Kyodo said.
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5,000 homes would be switched to geothermal energy free of charge
WINNIPEG - An NDP government would cover the entire cost for 5,000 families to switch their homes to geothermal energy, New Democrats have promised.
If elected on Oct. 3, the NDP will pay for the equipment and installation of new geothermal systems at 5,000 homes, St. James candidate Adrien Sala announced outside a St. Boniface home that previously made the switch.
The homes that switch to geothermal energy could save as much as 50 per cent on their electricity bills, Sala said.
"It will save you money, it will grow our economy and it will reduce greenhouse gas emissions. And I think we…