Hebei: The time-of-use electricity price policy will be implemented on December 1. The price of electricity during peak and off-peak periods can fluctuate by 70%.

Zhitong Finance APP learned that on October 28, the Hebei Provincial Development and Reform Commission issued the "Notice on Further Improving the Time-of-use Electricity Pricing Policy for Industrial, Commercial and Other Users of the Hebei Southern Power Grid" and it will be implemented from December 1, 2022. The notice mentioned that in order to further promote the consumption of renewable energy, improve the power grid's ability to guarantee power supply, and give full play to the important role of time-of-use electricity price policies in guiding the optimal allocation of power resources. The electricity price during the flat period is based on the market transaction power purchase price or the average on-grid electricity price purchased by the power grid agent. The price of electricity during peak and trough periods fluctuates up and down by 70% respectively based on the flat period electricity price; the price of electricity during peak periods fluctuates by 20% based on the peak electricity price. %. The original text is as follows:

Notice of the Hebei Provincial Development and Reform Commission on further improving the time-of-use electricity price policy for industrial, commercial and other users of the Hebei Southern Power Grid Shijiazhuang, Baoding, Cangzhou, Hengshui, Xingtai, Handan City Development and Reform Commission, Xinji City , Dingzhou Municipal Development and Reform Bureau, Xiongan New Area Reform and Development Bureau, State Grid Hebei Electric Power Co., Ltd., and Hebei Electric Power Trading Center Co., Ltd.: In order to further promote the consumption of renewable energy, enhance the power grid's ability to guarantee power supply, and give full play to time-of-use electricity prices The important role of policies in guiding the optimal allocation of power resources, according to the "Notice of the National Development and Reform Commission on Further Improving the Time-of-Use Electricity Pricing Mechanism" (Fagai Price [2021] No. 1093), combined with the large-scale development of new energy in Hebei Southern Power Grid, the power grid With the new situation of increasing load peak and valley differences, the time-of-use electricity price policy for industrial, commercial and other users of Hebei Southern Power Grid is now further clarified as follows:

1. Implementation Scope Hebei Southern Power Grid’s time-of-use electricity price policy for industrial, commercial and other users The scope of implementation continues to be in accordance with the Hebei Provincial Development and Reform Commission's "Notice on Further Improving the Time-of-Use Electricity Pricing Mechanism" (Ji Fa Gai Neng Price [2021] No. 1548) and "Notice on Further Clarifying the Implementation Scope of the Time-of-Use Electricity Pricing Mechanism in our Province" ( Jifa Gaineng Price [2021] No. 1668) will be implemented.

II. Period division (1) Summer (June, July, and August): low point 0-8 o'clock; flat period 8-15 o'clock, 23-24 o'clock; peak period 15-19 o'clock, 22-23 o'clock hour; the peak is 19-22 o'clock. (2) Winter (December of each year and January and February of the following year) Low valley: 1-6 o'clock, 12-15 o'clock; flat period: 0-1 o'clock, 6-12 o'clock, 15-16 o'clock; peak: 16-17 o'clock hour, 19-24 o'clock; peak: 17-19 o'clock. (3) Other seasons (March, April, May and September, October, and November every year) Low valley: 1-6 o'clock, 12-15 o'clock; flat period: 0-1 o'clock, 6-12 o'clock, 15-16 o'clock ; Peak: 16-24 o'clock.

3. The floating proportion electricity price in flat periods is implemented based on the market transaction power purchase price or the average grid agent power purchase price. The electricity prices during peak and trough periods fluctuate up or down by 70% respectively on the basis of the flat period electricity price; peak peak prices The price of electricity during the period will increase by 20% based on the peak electricity price.

4. Market-oriented power user execution methods Before the operation of the power spot market, improve the mid- and long-term power trading plan, implement time-based signings in accordance with national requirements, and clarify and guide market entities to declare power consumption when signing mid- and long-term trading contracts. The curve reflects the price in each period. In principle, the peak-to-valley electricity price difference is not lower than the peak-to-valley electricity price difference of the time-of-use electricity price in this notice.

5. The work requires local development and reform departments and power grid companies to carefully organize and arrange carefully, adopt various forms to comprehensively and accurately interpret electricity price policies, strengthen public opinion guidance, and strive for the understanding and support of all parties; strengthen public opinion monitoring and early warning, Respond to social concerns in a timely manner to ensure the smooth implementation of peak and valley time-of-use electricity prices. This notice will be effective from December 1, 2022. If the current policy is inconsistent with this notice, the provisions of this notice shall prevail.