Subscribe free to our newsletters via your
. Energy News .




ENERGY NEWS
China to trial energy-saving electricity price scheme
by Staff Writers
Shanghai (AFP) June 14, 2012


China said Thursday that from next month people who use a lot of electricity will have to pay more under a trial scheme aimed at encouraging consumers to save energy.

The National Development and Reform Commission, the government planner, announced that it would launch a trial, multi-tier pricing system on July 1 for residential users across China -- the world's biggest energy consumer.

"It is hoped residents will appropriately adjust use of power to reduce their expenditure and conserve national resources," it said in a statement posted on its website.

Under the scheme -- which the government body first suggested nearly three years ago -- residents who use electricity will be divided into three tiers.

Power rates for the first group -- estimated to encompass 80 percent of China's households -- will remain the same.

Users in the second tier, accounting for 15 percent of users, and the third tier -- the remaining top five percent -- will pay more.

The statement did not say how high electricity consumption would have to be to qualify for each category, nor what the price hikes will be. China's power rates vary from place to place.

But state radio has said that second-tier users will pay an additional 0.05 yuan ($0.01) per kilowatt hour and the highest consumers will be charged 0.30 yuan ($0.05) more.

The commission said it would try to take differences in household demographics, seasons and regions into account when setting prices.

Power producers complain that China's state-set electricity prices are too low, putting pressure on their profits when fuel prices are high.

But the government is wary of giving up control of utility prices, amid fears higher costs could spur social unrest.

.


Related Links







Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY NEWS
How to Surpass California's Renewable Energy Goals
Berkeley CA (SPX) Jun 14, 2012
A new report provides a blueprint for California to meet and surpass its ambitious local renewable energy goals. The report, California's Transition to Local Renewable Energy: 12,000 Megawatts by 2020, is a project of the UC Berkeley School of Law's Center for Law, Energy and the Environment. California has a target goal of 33 percent renewable energy by 2020, one of the most far-reaching ... read more


ENERGY NEWS
China to trial energy-saving electricity price scheme

'Angel of the dump' transforms lives in the Philippines

How to Surpass California's Renewable Energy Goals

TEPCO to buy 1 million tons LNG a year from Qatar

ENERGY NEWS
S. Korea firm wins $1.3 bn Venezuela order

Ancient effect harnessed to produce electricity from waste heat

'Xena' pleads guilty over N.Zealand oil protest

Iran warns EU will pay a higher cost under oil embargo

ENERGY NEWS
South Korea partners for offshore wind

Change in air as Africa's biggest wind farm set for Kenya

Wind Powering An Island Economy

China Leads Growth in Global Wind Power Capacity

ENERGY NEWS
Storing and managing solar energy for the grid

NRG Energy invests in Geostellar for solar mapping

Trina Solar and E3/DC develop energy storage solutions

India seeks green energy foreign investors

ENERGY NEWS
Japan PM set to order nuclear restart at weekend

Japan's Hitachi says atomic power sales to double

US, India see progress with nuclear deal

'Good progress' in global nuclear safety: IAEA

ENERGY NEWS
Shell scraps biofuels plan over Brazil native land

Shell backs out of Brazil sugar-cane plans

Environmental benefit of biofuels is overestimated, new study claims

Steel-Strength Plastics That Are Clean And Green

ENERGY NEWS
China's manned spacecraft in final preparations for mid-June launch

Tiangong's Big Tasks

Media Tonedown for Tiangong

Shenzhou-9 full-system drill a success

ENERGY NEWS
'Drought-hit' UK lifts hosepipe bans after two soggy months

Iraq 'green belt' front line in anti-desertification fight

Today's Climate More Sensitive to Carbon Dioxide Than in Past 12 Million Years

Sierra Nevada 200 year megadroughts confirmed




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement