China: Electricity price increase
China’s top pricing and tax decision-making group has developed a pricing system for electricity generated by renewable energy. The plan requires raising the tarrif - the set price at which generators of electricity can sell their power to grid companies. The rate increase will vary by region depending on the level of economic development. The customer will be paying the additional cost of producing RE.
Date Implemented: 2006
Status: Planned; Mandatory
References: China Daily News story: Wang Ying "New pricing system for green electricity" 11/17/05