新しん電でん力りょく

noun

new power utility company

Refers to electricity retail companies that entered the market after Japan's electricity market liberalization in 2016. Often contrasted with traditional regional monopolies.

• 新しん電でん力りょくに切きり替かえて電でん気き代だいが安やすくなった。

  I switched to a new power utility company and my electricity bill became cheaper.

• 新しん電でん力りょくのシェアは年ねん々ねん拡かく大だいしている。

  The market share of new power utility companies is expanding year by year.