The hidden costs households must pay for nuclear disaster in 2011
There’s more to monthly electricity charges than meets the eye. For one thing, there’s a hidden cost.
This is charged to help Tokyo Electric Power Co. and other utilities meet costs for damages arising from the Fukushima nuclear disaster.
Annual amounts range from an estimated 587 yen ($5.25) to 1,484 yen, and although paltry, may raise eyebrows as the utilities offer no breakdown in their monthly charges.
The utilities are obliged by the government to pitch in on grounds that a kitty is needed in case of future nuclear accidents. But in reality, the money is being swallowed up to help TEPCO pay compensation.
Of the 7.9 trillion yen in estimated compensation costs for the triple meltdown at TEPCO’s Fukushima No. 1 nuclear plant in 2011, as calculated by the government, 5.5 trillion yen is being borne by the company and six other utilities across the nation as “general contribution”…
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