Hokkaido Electric Power Co., Inc. · Sapporo, Hokkaido Japan
Company Description
Phone: +81-11-251-1111
Fax: +81-11-251-0329
View Hokkaido Electric Power Co., Inc. Locations On A US Map
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This link will open in a new window Hokkaido Electric Power Co. (HEPCO) distributes electricity to almost 3.9 million residential, commercial, and industrial customers on the northernmost Japanese island, Hokkaido. The company operates more than 41,510 miles of transmission and distribution lines, and it owns thermal, hydroelectric, and nuclear power plants (including the No. 1 and No. 2 reactors at Tomari Power Station). HEPCO also purchases and markets wholesale energy; other operations include engineering and construction, energy consulting, electrical appliance sales, telecommunications, information technology, and utility-related services. New businesses include medical imaging systems and realty. The company was founded in 1951. To read the full description, subscribe now.
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Hokkaido Electric Power Co., Inc. Reports
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Key Hokkaido Electric Power Co., Inc. Financials
| Company Type | Public Headquarters |
| Fiscal Year-End | March |
| Employees | 7,740 |
Hokkaido Electric Power Co., Inc. Executives
14 executives listed for Hokkaido Electric Power Co., Inc.'s Sapporo, Hokkaido location.
| Title | Name & Bio | Contact |
| Chairman | Hideo Minamiyama | |
| President | Tatsuo Kondo | |
| Manager, Accounting and Finance Department | Shigeki Kasahara |
Competition
Competitive Landscape for Hokkaido Electric Power Co., Inc.
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Hokkaido Electric Power Co., Inc. Competitors
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