NDRC Determined to Push Ahead With Reform of Energy Prices this Year
Published:
2010-05-28
The pricing system for natural gas will be reformed this year, with residents being charged at graded price levels that will be determined by the amount of gas they consume, so that higher rates apply after a certain, as yet undetermined, quota is passed. Punitive electricity prices will also be imposed on companies whose energy consumption per unit exceeds the national standard, according to statements made by Xie Zhenhua, deputy director of the National Development and Reform Commission (NDRC), at the opening of a conference in Beijing yesterday.
Source
The Beijing News
Google Translation
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