Kepco Loses Over 1,000 Business Clients
Kansai Electric Power Co. said it has lost over 1,000 large-lot customers, such as companies and local governments, since raising the electricity rate for businesses in April. The number of clients that canceled large-lot contracts came to 1,050 between April 1 and July 1 alone, a massive increase from the 195 cancellations in the whole of fiscal 2011 and just 61 in fiscal 2012. So far, these departures are ...
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