TEPCO Energy Partner and Panair, a Tokyo-based retail electricity provider, announced on April 24, 2018 that they had jointly established PinT, a new company that will conduct nationwide sales of electricity and gas with advanced energy technology, as part of the two firms’ commitment to Utility 3.0 services.
Starting May 1, 2018, PinT will begin its Rent Program for real estate management companies. The service enables real estate management companies to switch the power supply contracts of rooms to new tenants, and to conduct electricity bill payments for multiple buildings at the same time. Starting on June 1, 2018, PinT will initiate its Electricity Program for customers using low voltage electricity. The program provides customers with a discounted rate plan. The discount is determined based on the total amount charged for the month. Customers with multiple locations can pay with a single bill. PinT aims to obtain 1.5 million electricity sales contracts by the end of FY 2020. The service will be available across Japan, with the exception of Okinawa prefecture. PinT also plans to start gas sales services in the Kanto region in FY 2018.