Is the third-party electricity sales company legal?

Legal analysis: law. At present, the country has opened the business of selling electricity, as long as it is registered, it is legal. The third-party electricity sales company is a new enterprise. It is an independent electricity sales company established by enterprises other than power generation and transmission and distribution enterprises in accordance with the Company Law. Its core business is to buy electricity from the electricity wholesale market and then sell it to users to earn the difference. Because of the definition of mode, the core advantage of independent power sales company as a third party lies in its business model innovation, and it is the most innovative subject among diversified power sales entities. At present, due to insufficient power supply, these companies have few customer resources and their competitive advantages are not obvious enough. However, due to their flexibility, easy adoption of advanced technology and management methods, and the ability to design business models according to the ideal market structure, these companies will play a major competitive role in future power sales.

Legal basis: Measures for the Administration of Power Sales Companies

Article 1 In order to actively and steadily promote the reform of the electricity sales side, establish and improve the orderly competitive market order, and protect the legitimate rights and interests of various market entities, these Measures are formulated in accordance with Several Opinions of the Central Committee of the State Council on Further Deepening the Reform of the Power System (Zhong Fa [2015] No.9) and the supporting documents for the reform of the power system.

Article 2 The registration, operation and withdrawal of power selling companies shall follow the principles of compliance with laws, open competition, safety and efficiency, reform and innovation, quality service and standardized supervision.

Article 3 The term "power selling companies" as mentioned in these Measures refers to the market entities that provide power selling services or power limiting services. Power selling companies establish power selling service relationships with power users in the retail market and conduct power buying and selling business in the wholesale market.