KCA News & Media

Press Release

Press Release

Disclosure of Cost Information 게시글 상세보기 - 등록일, 조회수, 첨부파일, 상세내용, 이전글, 다음글 제공
Disclosure of Cost Information
Date 2011-09-30 Hit 1888

On July 1st, 2011, the Korea Consumer Agency (President: Kim Young-seen, www.kca.go.kr) disclosed cost information of public utility charge of six kinds such as electric charge, train fare, city gas (wholesale), multi-regional water supply charge (wholesale), toll fee, and postal rate on its T-Price website (http://price.tgate.or.kr).

Cost information has been drawn up and disclosed based on 2010 account settlement result by each institution each responsible institution after being reviewed by experts, consumer group, and the Ministry in charge.

 Disclosure of cost information of public utility charges was introduced from last year to enhance transparency of public utility charges and induce public institutions to voluntarily reduce cost and a range of the disclosure was expanded this year.

Contents of the Disclosure
As equally as the last year, cost information that compromises each public utility charge by major item is disclosed and a method and a standard of calculating cost are explained.
Expanding the disclosure range

Enhancing comparability and uniformity by disclosing data for closing accounts (for the past five years) and budget (this year) of all the targeted institutions 

Method of disclosure
In order to enhance comparability and convenience of using information, the cost information shall be disclosed not only on each institution’s website but also on T-Price website (http://price.tgate.or.kr) of the KCA.

The recent decision of the disclosure is expected to stimulate a process to streamline business of each public institution as well as stabilize public utility charge, as public utility charge is closely linked with daily lives of the people and management of the appropriate public corporation.
Table: Cost information production institution and link for cost information by public utility charge 
Electric charge  
Korea Electric Power Corporation
Train fare
  Korean Railroad Corporation
City gas
Korea Gas Corporation
Multi-regional water supply charge
Korea Water Resources Corporation
Toll fee
Korea Highway Corporation
Postal rate
Korea Post


Supplementary coverage
Eun-gyeong Jang, Head of Price Investigation Team,
Consumer Policy Research Office, (☎ 02-3460-3471)
Nan-joo Choi, Senior Manager of Price Investigation Team,
Consumer Policy Research Office, (☎ 02-3460-3475)

Next Attention: No. of Consumers Suffering from Side Effects of E-Cigarettes is on the Rise
Prev Road Reserved for Bicycles and Pedestrian Poses High Risk of Safety Accidents