Electricity, fuel prices to remain unchangedBy Lin Ching-hua / Staff reporterGasoline and diesel prices are to remain unchanged this week from tomorrow, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday amid the ongoing Middle East conflict and rising global oil prices. The electricity rate next month would also remain unchanged after the Ministry of Economic Affairs rejected Taiwan Power Co’s (Taipower, 台電) initial plan to first freeze electricity rates next month before holding an extraordinary review in June. Photo: Lin Cheng-kun, Taipei TimesThe CPC Corp, Taiwan said that rising concerns over crude oil supply disruptions due to Iran’s continued interference in the Strait of Hormuz have pushed up international oil prices. However, to maintain the lowest regional prices and with diesel subject to an “emergency gradual increase” mechanism, domestic fuel prices are to remain frozen from tomorrow, it said. Electricity prices in the past few years have been raised five times, and with stable oil and gas costs, Taipower earned a post-tax profit of NT$72.9 billion last year, sources said.

Source: Taipei Times March 14, 2026 16:09 UTC