Reported 11 months ago
Economic Minister Guo Zhihui responded to questions at the Legislative Yuan Economic Committee regarding Taiwan Power Company's financial losses and the possibility of raising electricity prices to cover the deficits. Minister Guo emphasized that without raising prices, the quickest way to address the issue is through energy-saving solutions, reiterating that Taiwan Power Company will not collapse. Minister Guo also discussed the company's accumulated losses, government subsidies, and the importance of operational efficiency to ensure sustainability without resorting to price hikes.
Source: YAHOO