Thursday, March 8, 2012
China to roll out tiered residential power pricing
China plans tiered power pricing for homes in H1 -paper
A government official was reported to have said that China is planning to begin a tiered power pricing program for residential power users in an effort to ease tight power supplies. Peng Sen, deputy director of NDRC, reported that a proposal for charging higher tariffs on power to heavy users has been approved by the State Council. "Experts" say that as residential users account for a relatively small amount total consumption this will do little to "ease power producers' pain."