Taiwan’s CPC Freezes Natural Gas Prices for Households and Industry, Raises Power-User Rate 5.83%

Taiwan CPC will keep September natural gas prices unchanged for household and industrial users, while raising the rate for electricity-generation users by 5.83%.

The company said the increase reflects higher gas-source costs. It attributed those costs to uncertainty surrounding Middle East LNG supplies amid stalled U.S.-Iran talks, as well as early European stockpiling ahead of winter demand. International LNG prices remain high, CPC said.

Under the government-approved natural gas pricing formula, prices for all user groups would have risen. CPC said it would absorb the increase for household, commercial and service users to support the government’s policy of stabilizing domestic prices.

For industrial users, CPC said it had absorbed more than NT$140 billion in cumulative costs from 2021 through July 2026. It decided not to fully pass on the increase in September after considering domestic prices, overall economic conditions and the burden on industry.

The company said the electricity-generation rate would rise to reflect part of the increased supply cost. It will continue monitoring international oil and gas markets and reviewing prices in coordination with the government’s price-stabilization policy.