Electricity prices usher in a big reform!

In the context of the sharp rise in coal prices and the curtailment of electricity and production in many places, electricity prices have once again ushered in major changes

On October 12, the National Development and Reform Commission issued the "Notice on Further Deepening the Market-oriented Reform of Coal-fired Power Generation On-grid Tariffs", which truly established a market-oriented electricity price mechanism that "can fall but can rise", marking another step forward in power market-oriented reforms An important step

Orderly liberalize on-grid tariffs for all coal-fired power generation

The notice pointed out that the on-grid tariff for all coal-fired power generation will be liberalized in an orderly manner

Wan Jinsong, Director of the Price Department of the National Development and Reform Commission, pointed out that China's coal-fired power generation accounted for a high proportion of electricity, and coal-fired power generation on-grid tariffs play an "anchor" role in the formation of on-grid tariffs on the power generation side

Expand the range of fluctuations in market trading electricity prices

The notice requires that the trading price fluctuation range of coal-fired power generation market is expanded from the current float not exceeding 10%, not exceeding 15% in principle, to not exceeding 20% ​​in principle, and the market transaction price of high energy-consuming enterprises is not subject to Up to 20% limit

Peng Shaozong, deputy director of the Price Department of the National Development and Reform Commission and a first-level inspector, said that it is conducive to better giving play to the role of the market mechanism, allowing electricity prices to more flexibly reflect the power supply and demand situation and cost changes, and to a certain extent alleviate the difficulties and incentives of coal-fired power generation companies.

Promote industrial and commercial users to enter the market

The notice requires that all industrial and commercial users who have not yet entered the market are promoted in an orderly manner to enter the electricity market, and the price of electricity sold in the industrial and commercial catalogue shall be cancelled

　　What impact will this have on electricity costs for industrial and commercial users? Peng Shaozong believes that the on-grid tariff for coal-fired power generation will be fully liberalized, and the range of fluctuations will be expanded.
Under the situation of tight power supply and demand, market transaction electricity prices may rise, which will push up the electricity cost of industrial and commercial enterprises to a certain extent
.

　　He said, but need to be divided into user categories, the market transaction price of high-energy-consuming companies is not subject to a 20% increase, so that the increase is unlimited, which means that companies with more electricity and high energy consumption will pay more
.
Other industrial and commercial users consume less electricity per unit of product production, and electricity costs account for a relatively low proportion of total costs.
Market transaction electricity prices will rise to a certain extent, and enterprise electricity costs will increase, but the overall cost is limited
.

　　Residential electricity prices remain unchanged

　　Regarding this reform, the common people are most concerned about whether the price of residential electricity is rising?

　　The National Development and Reform Commission stated that it will maintain stable electricity prices for residents, agriculture, and public welfare undertakings
.
Residents (including schools, social welfare institutions, community service centers and other public welfare users that implement residential electricity prices), agricultural electricity supply is guaranteed by grid companies, and the current sales electricity price level remains unchanged
.

　　Wan Jinsong emphasized that after the implementation of the reform, residents and agricultural users will purchase electricity and use electricity as before.
The method has not changed, and the electricity price level will remain unchanged
.

　　Will it affect the price level?

　　The people are concerned about whether this reform will affect the price level?

　　Peng Shaozong pointed out that this reform, with special emphasis on maintaining the stability of residential and agricultural electricity prices, has no direct impact on the consumer price index (CPI)
.

　　Peng Shaozong said that if the market transaction electricity price rises, it will push up the electricity cost of enterprises, especially upstream production enterprises, to a certain extent, and have a certain boosting effect on the industrial producer price index (PPI), but the reform measures will help improve the power supply and demand situation.
Better guarantee the power demand of enterprises, promote stable production of enterprises, and increase market supply, which is generally conducive to price stability
.
On the whole, the impact of this reform on price levels is limited
.

Transfer from: China News Network