Coincheck, a Japan-based bitcoin exchange has announced that it has partnered with E-net Systems Co, a subsidiary of Mitsuwa industry, in a move to enable citizens of Japan to pay utility bills using bitcoin.

The company blog stated that the Coincheck Denki (electricity) will launch in early November, allowing people to pay their electric bill with bitcoins. The Coincheck Denki will be offering two types of pricing plans that are segmented to both light and heavy users.

For light users, the amount of electricity bill will be the same as the traditional electric company, but the saved amount will be created as bitcoin to Coincheck wallet. In the case of heavy users, they can save up to 4% to 6% by paying electric bills using bitcoin.

The partnership plans to shortly enable bitcoin payments for gas, water, and mobile bills.

E-net Systems has a partnership with Marubeni Power Retail Corporation that has power plants in over 15 places in Japan and currently has power supplied to Kanto, Kansai, and Chubu. With its experience in operating electrical business in more than 22 countries, the company plans to expand its service area.