To prepare for the upcoming summer power shortage this year, Beijing municipal government will further increase the peak-hour electricity price for the first time, on the basis of already 400 percent price hike from the previous 290 percent increase.

From July to September this year, the electricity price will be further increased by ten percent to 0.94 yuan per kilowatt-hour in three peak hours every day. The peak-hour power price will be implemented in such power consumers as governmental departments and industrial enterprises, and this time price of electricity for the purpose of resident use, subway, trolleybus as well as agricultural irrigation will not be included.

By People's Daily Online