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China power crisis: Guangdong raising electricity prices for industrial users by 25 per cent in peak hours

Summary:
[unable to retrieve full-text content]As a power crisis continues to pummel China, its southern manufacturing hub of Guangdong province is raising electricity prices as much as 25 per cent during peak-demand hours, starting Friday.The price hike, however, applies only to industrial users, rather than households, according to Tao Feida, deputy general manager at the customer service centre of China Southern Power Grid, who spoke with state broadcaster CCTV on Thursday.Peak hours are from 11am-noon and 3pm-5pm – a total of three…

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[unable to retrieve full-text content]
As a power crisis continues to pummel China, its southern manufacturing hub of Guangdong province is raising electricity prices as much as 25 per cent during peak-demand hours, starting Friday.The price hike, however, applies only to industrial users, rather than households, according to Tao Feida, deputy general manager at the customer service centre of China Southern Power Grid, who spoke with state broadcaster CCTV on Thursday.Peak hours are from 11am-noon and 3pm-5pm – a total of three…

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