Shandong Province will implement a revised peak-valley pricing schedule starting October 1, 2026.

The adjustment follows directives outlined in a recent document from the Shandong Provincial Development and Reform Commission (Lu Fa Gai Price Letter No. 68, 2026), aimed at optimizing the time-of-use tariff mechanism.

The update is designed to better leverage pricing signals, encouraging consumers to shift electricity usage from peak periods to off-peak times. This initiative is expected to improve the balance of power supply and demand while also accelerating the integration of renewable energy sources into the grid.

As part of the new policy, the designated peak and valley time periods will be redefined, with the new pricing schedule taking effect from October 1, 2026. Consumers are advised to review the updated time blocks to better manage their electricity consumption and reduce costs.

The provincial authorities have stated that the revised mechanism will play a supportive role in stabilizing the power grid and promoting more efficient energy use across the region. Further details on the specific time intervals and corresponding rates have been announced in the official public notice.