According to the spirit of the document jointly issued by the Economic and Trade Commission of the Price Bureau and the Electric Power Industry Bureau, the peak and valley electricity consumption of residents is a new electricity price category being piloted among urban residents. It divides 24 hours a day into two time periods, with 8: 00-22: 00 * *14 hour as the peak period and the peak electricity price of 0.568 yuan/kwh; 22: 00- 8: 00 the next day * *10 hour is called the valley section, and the electricity price of the valley section is 0.288 yuan/kwh.

Peak-valley time-of-use electricity price refers to dividing the daily time into three periods or two periods of peak, average and valley according to the power demand of users in different periods and the actual load of the power grid, and setting different electricity price levels for each period, so as to encourage users and power generation enterprises to cut peaks and fill valleys and improve the utilization efficiency of power resources.