Concept
How the residential tariff works
KEPCO bills homes on a three-tier progressive tariff: the more you use in a month, the higher the per-kWh rate for the portion above each boundary, and a single basic charge set by the tier your total falls in. In July and August the boundaries widen from 200/400 kWh to 300/450 kWh. Unit rates have been unchanged since 16 May 2023.
| Tier | Other months / Summer | Low basic | Low /kWh | High basic | High /kWh |
|---|---|---|---|---|---|
| Tier 1 | ≤200 / ≤300 kWh | 910 | 120.0 | 730 | 105.0 |
| Tier 2 | 201–400 / 301–450 | 1,600 | 214.6 | 1,260 | 174.0 |
| Tier 3 | >400 / >450 | 7,300 | 307.3 | 6,060 | 242.3 |
| Super-user | >1,000 kWh (summer & winter) | 7,300 | 736.2 | 6,060 | 593.3 |
Source: KEPCO residential tariff (effective 2023-05-16), cyber.kepco.co.kr — checked Oct 2026. Amounts in KRW.
subtotal = basic + Σ(tier kWh × rate) + kWh × 9.0 (climate) + kWh × 5.0 (fuel adj.) VAT = subtotal × 10% (rounded) fund = subtotal × 2.7% (floored to 10 KRW) bill = subtotal + VAT + fund (floored to 10 KRW) Example, 350 kWh in October: 1,600 + 56,190 + 3,150 + 1,750 = 62,690 + 6,269 VAT + 1,690 fund = 70,649 → 70,640 KRW
Common mistakes: using the old 3.7% fund rate, applying VAT only to the energy charge, treating June or September as summer, and applying the super-user rate outside summer and winter. The estimate ignores discounts and pro-rating when a billing period spans two seasons.
