Kansai Electric Power Co. Kepco: But Shosuke Mori, who also serves as head of Kansai Electric Power Co. Kepco , said prices could actually be lowered, thus reducing economic damage to the region if at least some of Kepco s 11 nuclear reactors, all currently idled, are restarted soon. Kepco plans to raise power rates by 10.23 percent for households and 13.93 percent for large businesses on April 1, according to The Japan Times. In the past, Kansai s business leaders have held talks on less purely economic issues such as public education and Japan s diplomacy with East Asia and the United States. The past few years have seen more of a return to local economic concerns, especially local revitalization, which at this year s forum translated into meetings about how to get Tokyo to approve a new bullet train line for magnetically levitated trains to Osaka and legalize gambling in the form of casino-based integrated resort complexes and Kansai s annual gathering of major corporate leaders opened Thursday in Kyoto with vows to accelerate economic recovery efforts, even as the chairman of the Kansai Economic Federation warned that spring electricity price hikes would exceed 10 percent. These rate hikes are a continuation of rate hikes enacted in 2013, and will create an additional burden. In the event the reactors are restarted quickly, we want to discuss reducing electricity rates, Mori said.
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