Electricity Prices Could Rise as Early as Next Month Under New Proposal
Published:
2010-10-11
The National Development and Reform Commission (NDRC) published two alternate proposals for lifting the cost of residential electricity prices on October 9, each of the plans is based on a three tiered system that will charge those who consume more than a set quota of electricity a month at a higher rate. The NDRC argues that most low-energing consuming households will remain largely unaffected under either of the two proposed price reform models.
Source
Shanghai Securities News
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