SMM Analysis: Jiangxi Adjusts Time-of-Use Electricity Pricing with Deep Valley Discounts for Major Holidays

【SMM Analysis: Interpretation of Jiangxi Province's Appropriate Adjustment of Time-of-Use Electricity Pricing Mechanism】SMM News on April 25th: On April 24th, Jiangxi Provincial Development and Reform Commission issued a notice on the appropriate adjustment of the time-of-use electricity pricing mechanism. The document proposes a trial deep valley electricity price during major holidays. During the Spring Festival, May Day, and National Day (specific dates subject to national announcements), the period from 12:00 to 14:00 will be designated as the deep valley period, with electricity prices falling by 60% based on the average electricity price.

According to the Jiangxi Provincial Development and Reform Commission, the main purposes of this adjustment to the time-of-use electricity pricing mechanism are as follows: first, to align with changes in electricity load demand.