alt Hacker NewsChina generates a lot of electricity but from what I understand prices aren't that much different to in the USA because of grid constraints.
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brianwawok • yesterday at 1:57 PM
At similar prices and 1/4th or whatever the average salary, meaning the average person has to use a lot less energy, or spend a larger % of their budget on it
I'm not sure how much you pay in USA. But I live in Beijing, where the residential electricity price is about 0.5 RMB per kWh, roughly 0.0749 USD.
China's electricity pricing involves cross-subsidies. Residential and agricultural users pay the lowest rates, which are generally below the cost of supply. Commercial and industrial users pay more and contribute the most of grid revenue.
Prices vary by region: commercial electricity can approach 1 RMB (0.15USD) in Beijing, but the national average is about 0.67 RMB (0.1USD), while industrial electricity averages around 0.63 RMB nationally.