China : Development of National Heat Pricing and Billing Policy
Market-based reforms in China's urban centralized heating sector are essential to addressing the perpetual inefficiency of a sector built on welfare based principles. The reform of heat pricing and billing is a crucial part of overall heat ref...
Main Authors: | , |
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Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2008/03/9758464/china-development-national-heat-pricing-billing-policy http://hdl.handle.net/10986/17908 |
Summary: | Market-based reforms in China's
urban centralized heating sector are essential to addressing
the perpetual inefficiency of a sector built on welfare
based principles. The reform of heat pricing and billing is
a crucial part of overall heat reform, since it will
commodity heat and thus create economic incentives to
provide and use heat much more efficiently. Heat pricing and
billing reform requires substantial changes in four
interrelated areas: (i) transfer of heat payment
responsibility from work units to consumers, a change from
invisible to visible heat subsidies and an improved targeted
subsidy system; (ii) determination of an economically
efficient and equitable heat pricing system; (iii) promotion
of heat metering, consumer control of heat consumption and
consumption based billing; and (iv) improvement of the
system of heat price administration. |
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