On June 24, 2021, China Government Network published a message from the National Development and Reform Commission to netizens about “recommend to improve the residential tiered electricity price system and encourage urban and rural residents to use more clean power resources.” This information aroused market attention. The National Development and Reform Commission stated that my country has been experimenting with lower residential electricity prices for a long time, and residential electricity prices have been significantly lower than the cost of power supply because industrial and commercial users have undertaken the corresponding cross-subsidies. Compared with other countries in the world, my country's residential electricity prices are relatively low, and industrial and commercial electricity prices are relatively high. 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 electricity price cross-subsidies, so that electricity prices can better reflect the cost of power supply, restore the commodity attributes of electricity, and form a more full reflection of electricity costs and supply-demand relationships. And resource scarcity.

In addition, the National Development and Reform Commission also mentioned, “In order to encourage urban and rural residents to use more clean power resources and use less coal for heating, the "Opinions on the Price Policy for Clean Heating in Northern Areas" (Fagai Price [2017] No. 1684) is clear and suitable for coal. In areas where electricity is changed, it is necessary to improve the peak-valley time-of-use price system on the sales side, optimize the residential electricity tiered price policy, and vigorously promote market-based trading mechanisms to reduce the cost of clean heating power."

In recent years, my country's social electricity consumption has been increasing year by year. In 2020, the country's social electricity consumption will reach 7.62 trillion kWh, a year-on-year increase of 3.96%.