Still, after all, electricity costs will increase by 15%.
Until now, TSMC has been motivated by the need to actively invest in the construction of new enterprises and the development of promising lithography for raising prices for its services, which it really does not like to comment on publicly: this year alone, the company’s capital expenditures will reach $ 40-44 billion, and next year it is unlikely spend less on related needs.
Now, as can be judged from the information Bloomberg, all Taiwanese manufacturers will have a strong argument in favor of raising prices for their services and products. Taiwan’s energy industry, which is largely dependent on the price of imported energy sources (primarily gas and coal), is forced to increase electricity tariffs for the first time in four years. This year alone, a local energy company will increase the cost of fuel imports to Taiwan by $10 billion.
Image Source: TSMC
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From July 1, industrial consumers will pay 15% more for electricity, the change will affect about 22,000 companies and enterprises. Households that consume more than 1,000 kWh per month will also pay for electricity at a 9% higher tariff. According to local authorities, 97% of private consumers will not be affected by the price increase. Among corporate clients, cinemas, sports complexes, department stores, agricultural and catering enterprises will be protected from price increases.