Incheon City Gas Base Fee Increased by 160 Won per Month... Usage Charges Frozen
Incheon City announced on the 19th that from August this year, the basic urban gas fee will be increased from 840 won to 1000 won, a rise of 160 won, while the usage fee will be frozen.
Initially, a professional agency was commissioned to calculate the retail supply cost of urban gas, and a proposed increase of 1.77 won/㎥ was suggested. However, the city decided to reflect an increase of 1.46 won/㎥ and raise the basic fee for households by 160 won per household.
As a result of this basic fee increase, each household will bear an additional annual cost of 2,110 won.
Considering public price stability and citizens' burden, the city decided to freeze the urban gas usage fee. This decision came after Incheon Urban Gas and Samchully Urban Gas agreed to share the pain and prepare self-help measures.
The residential urban gas fee consists of a basic fee and a usage fee. The basic fee for Incheon urban gas was raised from 790 won to 840 won in 2014 and has been frozen for nine years since then.
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An official from Incheon City stated, "Since the retail price of urban gas is being raised amid difficult economic conditions, we will thoroughly manage this increase to ensure it leads to investments in urban gas supply facility investment, service level improvement, and strengthening of safety management."
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