Anhui Provincial Development and Reform Commission issued the "Notice on Improving the Peak and Valley Time-of-Use Electricity Price Policy for Industry and Commerce"

China Energy Storage Network News: On January 29, the Anhui Provincial Development and Reform Commission issued a notice on improving the industrial and commercial peak and valley time-of-use electricity price policy. The notice proposed that for users in the category of "industrial and commercial and other electricity users", the valley electricity price will be reduced by 58.8% after deducting the government fund surcharge, new profit and loss and ancillary service fees from the average electricity price (purchase price + transmission and distribution price + government fund surcharge + new profit and loss and ancillary service fees). The peak electricity price will increase by 81.3% during the seasonal peak period (January, July, August, September, and December) each year, and the peak electricity price in other months will increase by 71%.

The original text is as follows:

Notice of the Anhui Provincial Development and Reform Commission on improving the peak-valley time-of-use electricity price policy for industry and commerce

Development and Reform Commissions of all cities, State Grid Anhui Electric Power Co., Ltd.:

In order to give full play to the leverage effect of peak-valley time-of-use electricity prices, serve the construction of a new power system with new energy as the main body, and help achieve the "carbon peak and carbon neutrality" goals, in accordance with the "Notice of the National Development and Reform Commission on Further Improving the Time-of-Use Electricity Price Mechanism" (Development and Reform Price [2021] No. 1093) and the "Notice of the National Development and Reform Commission on Further Deepening the Market-oriented Reform of Coal-fired Power Generation On-Grid Electricity Prices" (Development and Reform Price [2021] No. 1439), the following matters regarding the improvement of the peak-valley time-of-use electricity price policy for industrial and commercial enterprises are hereby notified as follows:

1. Floating ratio of peak and valley electricity prices

For users in the "industrial, commercial and other electricity users" category, after deducting the government fund surcharge, additional profits and losses and ancillary service fees from the regular electricity price (electricity purchase price + transmission and distribution price + government fund surcharge + new profits and losses and ancillary service fees), the off-peak electricity price will be reduced by 58.8%. During the annual seasonal peak period (January, July, August, September and December), the peak electricity price will be increased by 81.3%, and the peak electricity price in other months will be increased by 71%.

II. Scope and Time Period of Implementation

Users of the "industrial, commercial and other electricity users" category with a power consumption capacity of 100 kVA or above will be subject to peak and valley time-of-use electricity prices. 9:00-12:00 and 17:00-22:00 are peak hours, 23:00 to 8:00 the next day are valley hours, and the rest of the time is flat.

III. Relevant requirements

(I) Local development and reform departments and power grid companies should adopt various forms to publicize to users the important role of peak-valley time-of-use electricity prices in ensuring safe power supply and promoting the consumption of new energy, strive for understanding and support from all parties, respond to social concerns in a timely manner, and ensure the smooth implementation of policies.

(II) Power grid enterprises shall separately collect and report the revenue from peak-valley time-of-use electricity prices, evaluate the actual implementation results in a timely manner, and provide the provincial development and reform commission with the implementation status of peak-valley time-of-use electricity prices in the previous year before the first quarter of each year.

(III) This Notice shall be implemented from March 1, 2022, and shall be implemented for a trial period of 2 years. In case of any inconsistency between the previous relevant policies and this Notice, the provisions of this Notice shall prevail.

January 28, 2022