Chapter 5 Price Management and Fee Sharing

　　Article 19-Grid power price of renewable energy power generation projects shall be determined by the price authorities of the State Council in the principle of being beneficial to the development and utilization of renewable energy and being economic and reasonable, where timely adjustment shall be made on the basis of the development of technology for the development and utilization of renewable energy. The price for grid-connected power shall be publicized.

　　For the price of grid-connected power of renewable power generation projects determined through tender as stipulated in the 3rd paragraph of Article 13 hereof, the bid-winning price shall be implemented; however, such a price shall not exceed the level of grid-connected power of similar renewable power generation projects.

　　Article 20-The excess between the expenses that power grid enterprises purchase renewable power on the basis of the price determined in Article 19 hereof and the expenses incurred in the purchase of average power price generated with conventional energy shall be shared in the selling price. Price authorities of the State Council shall prepare specific methods.

　　Article 21-Grid connection expenses paid by grid enterprises for the purchase of renewable power and other reasonable expenses may be included into the grid enterprise power transmission cost and retrieved from the selling price.

　　Article 22-For the selling price of power generated from independent renewable energy power system invested or subsidized by the Government, classified selling price of the same area shall be adopted, and the excess between its reasonable operation, management expenses and the selling price shall be shared on the basis of the method as specified in Article 20 hereof.

　　Article 23-The price of renewable heat and natural gas that enters the urban pipeline shall be determined on the basis of price management authorities in the principle of being beneficial to the development and utilization of renewable energy and being economic and reasonable.

　　Chapter 6 Economic Incentives and supervisory measures

　　Article 24-The Government budget establishes renewable energy development fund to support the following:

　　1. Scientific and technological research, standard establishment and pilot project for the development and utilization of renewable energy;

　　2. Construction of renewable energy projects for domestic use in rural and pasturing areas;

　　3. Construction of independent renewable power systems in remote areas and islands;

　　4. Surveys, assessments of renewable energy resources, and the construction of relevant information systems;

　　5. Localized production of the equipment for the development and utilization of renewable energy.

　　Article 25-Financial institutions may offer preferential loan with financial interest subsidy to renewable energy development and utilization projects that are listed in the national renewable energy industrial development guidance catalogue and conform to the conditions for granting loans.

　　Article 26-The Government grants tax benefits to projects listed in the renewable energy industrial development guidance catalogue, and specific methods are to be prepared by the State Council.

　　Article 27-Power enterprises shall authentically and completely record and store relevant materials of renewable energy power generation, and shall accept the inspection and supervision of power supervisory institutions.

　　Power supervisory institutions shall do the inspection in accordance with stipulated procedures, and shall keep commercial secret and other secret for inspected units.