The impact of government subsidies on electricity prices on power generation companies

Introduction The impact of government subsidies on electricity prices on power generation companies 1. This subsidy will be allocated in the form of funds to wind power, solar power, biomass and other power generation projects that have been included in the list of ad

The impact of government subsidies on electricity prices on power generation companies

1. This subsidy will be allocated in the form of funds to wind power, solar power, biomass and other power generation projects that have been included in the list of additional subsidies for renewable energy electricity prices.

2. This subsidy will effectively promote the increase in the demand side of wind power generation. At the same time, the enlargement of wind turbines in recent years has also led to a reduction in the cost of wind power per watt, providing good room for growth and profit for the development of wind power companies.

For subsidy policies on production equipment, you can check the "Interim Measures for the Management of Special Funds for the Industrialization of Wind Power Equipment". Those who meet the specified conditions will be subsidized at the standard of 500 yuan/KW. Complete machine manufacturing enterprises and Key parts suppliers each get 50%.

The on-grid electricity price per kilowatt hour of electricity varies from place to place. The specific price can be checked. It is related to the area where the construction is invested, the agreement with the power grid when bidding for the wind farm, and the ability of the wind power plant operator. But they are much higher than coal-fired ones. The government withdraws 1%/kWh (civilian and fertilizer) and 2%/kWh (industrial) from other electricity charges on the Internet to subsidize wind power.

The subsidized electricity price ranges from 0.15 to 0.28 yuan/kWh, and the national average is roughly 0.24 yuan/kWh.

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