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National Development and Reform Commission: Reducing general industrial and commercial electricity prices

May 15, 2019 17:38
source: Development and Reform Commission website

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Summary
[Notice issued by the National Development and Reform Commission on lowering the general industrial and commercial electricity price] In order to implement the "Government Work Report" requirements for the average electricity price of the general industry and commerce to be reduced by 10%, the second batch of measures to reduce the general industrial and commercial electricity price is notified as follows. The price reduction space formed by the 50% reduction of the levy standard of the major water conservancy project construction fund (excluding market-based transaction power) is all used to reduce the general industrial and commercial electricity price. (NDRC website)

  Notice of the National Development and Reform Commission on Reducing General Industrial and Commercial Electricity Prices

Development price [2019] No. 842

All provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans, Xinjiang Production and Construction Corps Development and Reform Commission (Price Bureau), State Grid Corporation of China, China Southern Power Grid Corporation, Inner Mongolia Power (Group) Co., Ltd.:

In order to implement the "Government Work Report" requirements for a 10% reduction in the average electricity price of general industrial and commercial enterprises, the second batch of measures to reduce the general industrial and commercial electricity prices is now notified as follows.

  First, clear the main price reduction measures

(1) Major water conservancyConstructionThe price reduction space formed by the fund's levy standard is reduced by 50% (excluding market-based transaction power), all of which are used to reduce the general industrial and commercial electricity price.

(2) Properly extend the depreciation period of fixed assets of power grid enterprises, and reduce the average depreciation rate of fixed assets of power grid enterprises by 0.5 percentage points; after the reduction of VAT rate and average depreciation rate of fixed assets, the re-approved trans-provincial and trans-regional special project transmission price details Attachment, the price reduction space formed by the special project price reduction is allocated according to the ratio of 1..1 between the power transmission province and the power receiving province (the price reduction space formed by the point-to-network engineering price reduction without any physical connection with the power transmission province is used by the power receiving province) . The price reduction space formed by the above measures is all used to reduce the general industrial and commercial electricity price.

(3) Due to the reduction of the VAT rate to 13%, the non-marketized trading power of hydropower enterprises in the province, the cross-provincial cross-regional hydropower and nuclear power enterprises (excluding the third-generation nuclear power units), the price reduction space formed by non-marketized trading power, all used for Reduce general industrial and commercial electricity prices. Among them, the large-scale hydropower stations and nuclear power plants that were previously issued by the Commission to clarify the on-grid tariffs, the on-grid tariffs are calculated by the provincial provincial price authorities in consideration of the VAT rate reduction factors, and reported to the Commission (Price Division) for publication and execution.

(4) Actively expand the scale of participation of general industrial and commercial users in power marketization transactions, and further reduce the cost of electricity consumption through market mechanisms.

  Second, pay close attention to the release of the second batch of price reduction policy documents

The competent pricing departments of all provinces (autonomous regions and municipalities) should promptly study and propose specific plans to reduce the local general industrial and commercial electricity prices by using the above-mentioned price reduction space. They will be issued before the end of May according to the procedures, and will be officially implemented on July 1 and simultaneously reported to the Commission (Price Division). ) Recording. In addition, the level of general industrial and commercial transmission and distribution prices in various provinces (autonomous regions and municipalities) will be reduced accordingly.

  Third, other requirements

The competent pricing departments and power grid enterprises of all provinces (autonomous regions and municipalities) shall make overall plans and carefully organize them to ensure the smooth implementation of the above-mentioned power price reduction policy. It is necessary to conscientiously clean up and regulate the unreasonable charges and untimely transmission of the power supply links in commercial complexes, industrial parks, office buildings, etc., and effectively reduce the general industrial and commercial electricity price policy dividends to end users. At the same time, we will actively strengthen policy propaganda and accurately interpret the measures to reduce the average industrial and commercial electricity price by 10% on average, actively publicize the achievements and create a good public opinion atmosphere.

Attachment:Trans-provincial and trans-regional special project transmission price

National Development and Reform Commission

May 15, 2019

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(Article source: NDRC website)

                (Editor: DF142)

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