Jiangsu peak-valley electricity price exceeds 0.8CNY/kWh

Jiangsu peak-valley electricity price exceeds 0.8CNY/kWh

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The Jiangsu DRC has released newly established electricity sales prices.

For normal commercial and industrial consumers, connecting at 1kV or less, the peak-valley electricity sales price difference is 0.82CNY/kWh, with peak electricity price at 1.11CNY/kWh and valley electricity price at only 0.3CNY/kWh. Based on our estimate this price delta can be sufficient to justify on-site energy storage, while the shoulder pricing of 0.67CNY/kWh is also attractive for rooftop solar. (Jiangsu DRC)