“KEPCO, KBS TV subscription fee consignment collection fee of 800 billion’unearned income'”

Rep. Ja-geun Koo “KEPCO, commissioned 6.15% commission for 27 years…Income of 40 billion won annually”

An official from KEPCO's Seoul Regional Headquarters is arranging electricity bills.  yunhap news

An official from KEPCO’s Seoul Regional Headquarters is arranging electricity bills. yunhap news

Rep. Ja-geun Koo, the power of the people, gives a greeting at a public hearing on the revision of the Electricity Business Act held at the Assembly Hall of the National Assembly on the 17th.  yunhap news

Rep. Ja-geun Koo, the power of the people, gives a greeting at a public hearing on the revision of the Electricity Business Act held at the Assembly Hall of the National Assembly on the 17th. yunhap news

Rep. Ja-geun Koo (Gumi Gap), the power of the people.

Rep. Ja-geun Koo (Gumi Gap), the power of the people.

Amid controversy over the issue of the Korea Broadcasting Corporation (KBS)’s license fee increase, it was revealed that the commission that KEPCO received from entrusting the license fee was over 40 billion won per year.

According to data submitted by KEPCO by Gu Ja-geun, a member of the National Assembly’s Industry, Trade, and Small and Medium Venture Business Committee (Gumi-gap, photo), KEPCO’s commission income from 1994 to last year was all 865.6 billion won.

Excluding the first year of collection, 1994, starting from 19 billion won in 1995 and 1996, it increased by 1 billion to 2 billion won each year, and starting in 2018, the collection fee exceeded 40 billion won. Last year, it collected a fee of 41.4 billion won.

Regarding this, Rep. Ja-geun Koo pointed out, “If the recently announced KBS license fee increase goes as planned, KEPCO’s unearned income will naturally increase.”

The commission commissioned and received by KEPCO may be determined within the range of not exceeding 15% in accordance with Article 48 of the Enforcement Decree of the Broadcasting Act.

The current license fee collection fee rate is 6.15%, and when the license fee rises, income naturally increases.

Rep. Gu said, “The electricity bill is the first utility bill that even the most difficult citizens pay because there is a risk of a power outage if they are not paid, and the TV subscription fee is being charged together.” The reality is that the TV reception fee must be paid first along with the fee,” he criticized.

In the case where the TV subscription fee can be separated and notified, it is possible through a separate notice application only when bankruptcy is declared or benefits are seized.

Rep. Koo said, “It is a role for the public that public institutions (KBS) pay fees to all citizens, and public corporations (KEPCO), which have been commissioned to pay fees, raise unearned income of more than 850 billion won so far. “I can’t help but ask if it is,” he urged, saying, “Along with the issue of abolishing the TV subscription fee, there should be an institutional arrangement to choose to pay the TV subscription fee.”

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