Abstract
The financial crisis has exerted influences of different degrees within a global scope, and, in the meanwhile, has brought about definite risks to the electric charge management in electric network enterprises. This paper makes a comprehensive analysis of prominent risks and characteristic changes in electric charge management in electric network enterprises under influences of the financial crisis, and studies the sources and major causes for the risks of electric charge by taking Hunan Electric Power Company as the case study, which has great reference significance for electric network enterprises to further strengthen the electric charge management work and enhance the comprehensive risk management level.
Highlights
Affected by the financial crisis, the electricity utilization amount in China fell back swiftly
This paper makes a comprehensive analysis of prominent risks and characteristic changes in electric charge management in electric network enterprises under influences of the financial crisis, and studies the sources and major causes for the risks of electric charge by taking Hunan Electric Power Company as the case study, which has great reference significance for electric network enterprises to further strengthen the electric charge management work and enhance the comprehensive risk management level
In 2008, the electricity utilization amount in the whole country gradually slowed down in its speed of increase, and the total electricity utilization amount all over the country in the whole year was 3426.8 billion kilowatt-hours, with an increase of 5.23% compared with the same period of the previous year and falling 9.57% compared with the previous year
Summary
We make an analysis by taking as the case study data of recovery of electric bill in Hunan Electric Power Company in the recent five years, and the entire electric bill risk structure has taken great changes as a result of the financial crisis. The total arrearage of the entire industry in Hunan Electric Power Company in 2008 amounted to 33.229 million Renminbi Yuan, including 27.5775 million Renminbi Yuan in arrearage of industrial electricity utilization and 5.6515 million Renminbi Yuan in arrearage of living electricity utilization of urban and rural residents, with the major electricity charge risk coming from arrearage of industrial electricity utilization. This was mainly because the financial crisis caused lots of enterprises to be compelled to stop production and even shut down. Arrearage of living electricity utilization of urban and rural residents was mainly due to electricity utilization of urban and town residents, and second was electricity utilization of rural residents
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