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2020-04-02
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Industry Trends
Big news! The National Development and Reform Commission has released the latest electricity pricing policy for 2020: 8 cents for residential electricity and 5 cents for industrial and commercial electricity!
On April 2, 2020, the National Development and Reform Commission (NDRC) announced the 2020 photovoltaic power generation feed-in tariff policy on its official WeChat account in the "Notice on Relevant Matters Concerning the 2020 Photovoltaic Power Generation Feed-in Tariff Policy" (hereinafter referred to as the "Notice").
The notice proposes to continue setting guidance prices for centralized photovoltaic power generation. The guidance prices for newly added centralized photovoltaic power plants in resource zones I to III, which are included in the national fiscal subsidy scope , are set at RMB 0.35 per kilowatt-hour (including tax), RMB 0.40 per kilowatt-hour, and RMB 0.49 per kilowatt-hour, respectively. The on-grid tariff for newly added centralized photovoltaic power plants should, in principle, be determined through market competition and should not exceed the guidance price of the resource zone in which they are located.
[ Editor's Note: ]
1. Guiding prices will continue to be set for centralized photovoltaic power generation. The guiding prices for newly added centralized photovoltaic power plants in resource zones I to III, which are included in the national fiscal subsidy scope, will be set at RMB 0.35 per kilowatt-hour (including tax, the same below), RMB 0.40 per kilowatt-hour, and RMB 0.49 per kilowatt-hour, respectively. The on-grid tariff for newly added centralized photovoltaic power plants will, in principle, be determined through market competition and shall not exceed the guiding price of the resource zone in which they are located.
2. For industrial and commercial distributed photovoltaic power generation projects included in the 2020 fiscal subsidy scale and adopting the "self-consumption with surplus power fed into the grid" model, the subsidy standard for total power generation will be adjusted to RMB 0.05 per kilowatt-hour; for industrial and commercial distributed photovoltaic power generation projects adopting the "full grid connection" model, the subsidy will be implemented according to the guidance price for centralized photovoltaic power stations in the resource area. For all industrial and commercial distributed projects allocated through market competition by the energy authorities, the price formed by market competition shall not exceed the guidance price of the resource area, and the subsidy standard shall not exceed RMB 0.05 per kilowatt-hour.
3. The subsidy standard for total electricity generated by household distributed photovoltaic power generation, which is included in the 2020 fiscal subsidy program, is adjusted to RMB 0.08 per kilowatt-hour. The on-grid tariff for village-level photovoltaic poverty alleviation power stations (including joint village power stations) that comply with the relevant management regulations for national photovoltaic poverty alleviation projects remains unchanged.
