Development and Reform Commission: my country's residential electricity prices are low, the next step will restore the commodity attributes of electricity

Recently, the National Development and Reform Commission mentioned in a message from netizens on “recommend to improve the tiered electricity price system for residents and encourage urban and rural residents to use more clean power resources”. The National Development and Reform Commission revealed that “in accordance with the requirements of further deepening the market-oriented reform of electricity prices, the next step is to improve the tiered electricity price system for residents, gradually alleviate cross-subsidies for electricity prices, so that electricity prices can better reflect the cost of power supply, restore the commodity attributes of electricity, and form a more adequate reflection. Resident electricity price mechanism based on electricity cost, supply and demand relationship, and resource scarcity."

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