of the Development and Reform Commission of
Jiangxi Province on Further Improving the Time-of-Use Electricity Price Mechanism The development and reform commissions of all districts and municipalities, the State Grid Jiangxi Electric Power Co., Ltd., the Jiangxi Electric Power Trading Center Co., Ltd., and the incremental distribution network enterprises:
To guide users to cut peak and fill valley, promote the high-quality development of new energy and energy storage industry, and further improve the time-of-use electricity price mechanism with the consent of the provincial government according to the change of electricity load and the output of new energy in our province. The relevant matters are hereby notified as follows:
I. Optimize the setting
of peak and valley periods. According to the power supply and demand situation and load characteristics in different seasons, adjust the peak and valley periods according to the season. The adjusted time period is:
January and December: peak (including peak) time period 9: 00-12: 00, 18: 00-21: 00, of which the peak time period is 18: 00-20: 00; the trough time period is 0: 00-6: 00; the rest of the time period is flat.
February: peak period: 16: 00-22: 00; valley period: 0: 00-6: 00; the rest of the period is flat.
July-September: peak (including peak) period 17: 00-23: 00, in which the peak period is July and August 20: 30-22: 30, and the peak electricity price in September is cancelled; valley (including deep valley) period 1: 00-5: 00, 11: 30-14: 30, in which the deep valley period is 12: 00-14: 00; The rest of the period is flat.
March-June and October-November: peak period 16: 00-22: 00; valley (including deep valley) period 1: 00-5: 00, 11: 30-14: 30, of which the deep valley period is 12: 00-14: 00; the rest of the period is flat.
On the basis of the normal setting of the noon deep valley period from March to November, the deep valley electricity price policy for major holidays will continue to be implemented: the deep valley period is from 12:00 to 14:00 for the Spring Festival, the "May 1" International Labor Day and the National Day (the specific time is subject to the national announcement).
2. Adjusting the floating ratio of peak and valley and the flat section price of the base
industrial and commercial power users are composed of the market-oriented user's grid price (agent purchase price, the same below), the line loss cost of the grid link, the transmission and distribution price, the system operation cost, the government fund and the additional components. The annual floating ratio of peak, flat and valley is uniformly adjusted to 1.6: 1: 0.4, the floating ratio of deep valley is expanded from 60% lower than that of flat section to 70%, and the floating ratio of peak remains 80% higher than that of flat section. Line loss cost, transmission and distribution price, system operation cost, government funds and additional fees do not participate in the floating.
3. Optimize the scope
of implementation, fully implement the time-of-use electricity price policy requirements of the National Development and Reform Commission, link up the needs of power market construction, and resume the implementation of time-of-use electricity price for general industrial and commercial users who were suspended. After the adjustment, except for electrified railway traction, urban rail transit, tap water production, welfare factories run by disabled persons who enjoy tax-free policies, and prison production enterprises, before the trial operation of continuous settlement in the spot electricity market, the settlement of industrial and commercial electricity consumption shall be carried out in accordance with the peak and valley periods and floating proportions stipulated in this Circular. After the trial operation of the continuous settlement of the electricity spot market, the users participating in the electricity spot trading will no longer implement the time-of-use electricity price policy for industry and commerce in principle.
4. Other matters
(1) If a medium and long-term contract for 2025 has been signed before the issuance of this circular, Jiangxi Electric Power Exchange Center Co., Ltd. shall organize relevant business entities to adjust the contract or sign supplementary agreements in a timely manner, and if the market transaction contract fails to declare the electricity consumption curve or form a time-sharing price, the relevant business entities shall be responsible for it. Market trading rules should be improved as soon as possible. When a business entity signs a medium- and long-term transaction contract, it shall declare the electricity consumption curve and reflect the price of each period, and the floating proportion shall not be lower than provisions of this Circular in principle.
(2) Encourage industrial and commercial users to reduce electricity load during peak hours and increase electricity consumption during low hours by allocating energy storage and developing comprehensive energy utilization, and reduce electricity consumption costs by changing electricity consumption periods.
(3) Enterprises in the incremental distribution network area shall implement this Circular. The provincial power grid and the incremental distribution network shall be implemented with reference to this circular, and the profits and losses arising therefrom shall be shared or shared by all industrial and commercial users.
(4) Power grid enterprises should speed up the adjustment of metering and acquisition devices and electricity fee settlement systems, provide users with time-of-use electricity price integrity calculation services, and supplement the abnormal situation of missing data of the collected electricity curve by fitting. The implementation of time-of-use electricity price shall be collected and reflected separately, and the profits and losses arising from the implementation of time-of-use electricity price for industrial and commercial electricity consumption shall be included in the operating costs of the system and shall be shared or shared with all industrial and commercial users on a monthly basis. After the trial operation of the continuous settlement of the electricity spot market, the profits and losses arising from the implementation of the time-of-use electricity price by the agent power purchasing users shall be shared or shared by the agent power purchasing users.
(5) The development and reform commissions of the districts and municipalities and the power grid enterprises shall carefully organize and carefully arrange, widely publicize and interpret the important role of time-of-use electricity prices in serving the construction of new power systems, promoting green and low-carbon energy development, and ensuring the safe and efficient operation of power systems, so as to respond to social concerns in a timely manner and ensure the smooth implementation of policies. It is strictly forbidden to implement preferential electricity prices in disguised form in the name of improving the time-of-use electricity price mechanism.
This Circular shall be implemented as of July 1, 2025. The Notice of Jiangxi Development and Reform Commission on Improving the Time-of-Use Electricity Price Mechanism (GFGJG [2022] No.898) and the Notice of Jiangxi Development and Reform Commission on Appropriately Adjusting the Time-of-Use Electricity Price Mechanism (GFGJG [2024] No.282) shall be abolished at the same time. If the state has a new policy, it shall be implemented in accordance with the state policy. Policy Interpretation of the Notice on Further Improving the Time-of-Use Tariff Mechanism on June 23
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