Tokyo Gas : 2015/01/29 Gas rates for March 2015 based on fluctuation in gas resource cost and adjustment of gas rates (Tokyo District, etc.)

January 29, 2015

Gas rates for March 2015

based on fluctuation in gas resource cost and adjustment of gas rates

(Tokyo District, etc.)

Tokyo Gas Co., Ltd. In accordance with the provisions for gas rate adjustment system, Tokyo Gas has set the
unit commodity charge for meter readings in March 2015 upward by 3.42 yen per cubic
meter (45MJ, tax included) relative to the corresponding charge for meter readings in
February 2015.
The adjustments are made based on average resource costs in Oct. 2014 - Dec. 2014. With these adjustments, for meter readings during March 2015 of the standard
household consuming 32m3(45MJ/ month) in the Tokyo district, etc., the monthly gas tariff will increase by 110 yen (tax included) from that of February 2015(previous month).

1. Supply contract rate

(Application of rate schedule A～F as appropriate for the amount of gas use in the month in question)

*Calculated based on 8% tax

2. Effect on a standard customer in residential sector

yen/month

*The volume of standard household is calculated based on the average of 5years
(FY2006-2010) usage per household per month.

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January 29, 2015

3. Fluctuation in gas resource prices

Note: Both LNG and LPG prices are based on customs clearance statistics.
:"Difference(2)-(1)" are rounded down to the nearest hundred yen

4. Calculation of unit charge adjustment

Calculation of unit charge adjustment for gas resource costs

*Calculated based on 8% tax

Calculation of average gas resource prices

yen/ton
Average LNG price
(customs clearance statistics value) Average LPG price
(customs clearance statistics value)
+)

93,570 yen/ton

83,710 yen/ton
x 0.9545 x 0.0461

93,171.59

↓(rounded to the nearest ten yen)

93,170 yen/ton

Calculation of the amount of gas resource price fluctuation

93,170 yen/ton
- 82,470 yen/ton =
10,700 yen/ton

(omission of amounts less than 100 yen)

↓

10,700 yen/ton

Calculation of the adjusted rate (charge per cubic meter)

Adjusted rate= (unit charge)
10,700 yen
/ 100 yen x 0.08748 (*)

= 9.36yen
(rounding up of amounts less than 0.01 yen)
*:The unit commodity charge is adjusted by 0.08748(0.081×1.08) yen per cubic
meter for every 100 yen of fluctuation

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January 29, 2015
* Effect on a standard customer in residential sector
yen/month

*Method of calculation for the standard gas rate in residential sector (including the national consumption tax)
Gas rate (Tokyo district, etc., tax included, rounded down to the nearest yen)

= Basic charge (1,026.00 yen)
+ Commodity charge (151.74 yen +
9.36yen
) x 32m3

↑ ↑

Standard commodity charge at the time of notification of the tariff revision (tax-included)

Unit commodity charge

(tax-included)

Reference: Outline of the gas resource cost adjustment scheme
* The scheme provides for adjustment of the unit commodity charge in gas rates (i.e., the charge per cubic meter of gas consumed) every month in correspondence with fluctuation in gas resource prices owing to factors such as exchange rates and crude oil prices.
* The unit commodity charge is adjusted by 0.08748 yen per cubic meter (0.081 multiplied by 1.08(consumption tax)) for each 100 yen of fluctuation in gas resource price, based on the difference between the standard average gas resource price (82,470 yen per ton) and average gas resource price (calculated on the basis of weighted average cost of LNG and LPG import prices in the previous 3-5 months).
* The fluctuation in gas resource prices is calculated on the basis of actual values in customs clearance statistics for both LNG and LPG.
* Arrangement has been made to avoid price hike.
Even if the average gas resource price exceeds the upper limit of 131,950 yen, the amount of 131,950 yen is applied in the calculation of the gas rate adjustment.

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