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Decision on Electricity Prices

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Decision on Electricity Prices

According to the Decision, the lowest level is 0-50kWh charged 1,549 VND/kWh. The highest level is above 401 kWh charged 2,701 VND/kWh. That means users who consume more than 400 kWh per month will be charged nearly double.

 

THE SOCIALIST REPUBLIC OF VIETNAM

Independence – Freedom – Happiness
—————

Hanoi, November 30, 2017

No. 4495/QD-BCT

DECISION

ON ELECTRICITY PRICES

THE MINISTER OF INDUSTRY AND TRADE

Pursuant to the Government’s Decree No. 98/2017/ND-CP dated August 18, 2017 on functions, tasks, rights and organizational structure of the Ministry of Industry and Trade;

Pursuant to the Law on Electricity dated December 03, 2004 and the Law on amendments to a number of articles of the Law on Electricity dated November 20, 2012;

Pursuant to the Government’s Decree No. 137/2013/ND-CP dated October 21,2013 elaborating a number of articles of the Law on Electricity and the Law on amendments to a number of articles of the Law on Electricity;

Pursuant to the Prime Minister’s Decision No. 24/2017/QD-TTg dated June 30, 2017 on mechanism for adjustment of average retail electricity price;

Pursuant to the Prime Minister’s Decision No.28/2014/QD-TTg dated April 07, 2014 on structure of electricity retail tariff;

Pursuant to the Circular No. 16/2014/Circular-BCT dated May 29, 2014 of the Ministry of Industry and Trade on application of electricity price;

At the request of the General Director of the Electricity Regulatory Authority,

DECIDES:

Article 1. The retail electricity prices and electricity prices provided in the Appendix enclosed herewith are applied to groups of electricity users and electricity retailers respectively. Electricity price provided in the Appendix enclosed herewith is exclusive of value added tax (VAT).

Article 2. Average retail electricity price is VND 1,720.65 per kWh (exclusive of VAT).

Article 3. The electricity price is applied from December 01, 2017.

Article 4. The Chief of the Ministry Office, Director General of the Electricity Regulatory Authority, Director General of Vietnam Electricity and relevant organizations and individuals are responsible for the implementation of this Decision./.

PP. THE MINISTER
DEPUTY MINISTER

Hoang Quoc Vuong

APPENDIX

ELECTRICITY PRICES
(Enclosed with the Decision No. 4495/QD-BCT dated November 30, 2017 of the Ministry of Industry and Trade)

No.

Groups of customers

Electricity price (VND/kWh)

1

Retail electricity prices for production

1.1

Voltage of 110 kV or higher
a) Normal hours

1,434

b) Off-peak hours

884

c) Peak hours

2,570

1.2

Voltage from 22 kV to less than 110 kV
a) Normal hours

1,452

b) Off-peak hours

918

c) Peak hours

2,673

1.3

Voltage from 6 kV to less than 22 kV
a) Normal hours

1,503

b) Off-peak hours

953

c) Peak hours

2,759

1.4

Voltage of less than 6 kV
a) Normal hours

1,572

b) Off-peak hours

1,004

c) Peak hours

2,862

2

Retail electricity prices for public sector

2.1

Hospitals, nursery schools, kindergartens, schools

2.1.1

Voltage of 6 kV or higher

1,531

2.1.2

Voltage of less than 6 kV

1,635

2.2

Public lighting; public sector entities

2.2.1

Voltage of 6 kV or higher

1,686

2.2.2

Voltage of less than 6 kV

1,755

3

Retail electricity prices for business

3.1

Voltage of 22 kV or higher
a) Normal hours

2,254

b) Off-peak hours

1,256

c) Peak hours

3,923

3.2

Voltage from 6 kV to less than 22 kV
a) Normal hours

2,426

b) Off-peak hours

1,428

c) Peak hours

4,061

3.3

Voltage of less than 6 kV
a) Normal hours

2,461

b) Off-peak hours

1,497

c) Peak hours

4,233

4

Retail electricity prices for domestic use

4.1

Retail electricity prices for domestic use
Level 1: 0 – 50 kWh

1,549

Level 2: 51 – 100 kWh

1,600

Level 3: 101 – 200 kWh

1,858

Level 4: 201 – 300 kWh

2,340

Level 5: 301 – 400 kWh

2,615

Level 6: 401 kWh or higher

2,701

4.2

Retail electricity prices for prepayment meters

2,271

5

Wholesale electricity price in rural areas

5.1

Wholesale electricity prices for domestic use
Level 1: 0 – 50 kWh

1,285

Level 2: 51 – 100 kWh

1,336

Level 3: 101 – 200 kWh

1,450

Level 4: 201 – 300 kWh

1,797

Level 5: 301 – 400 kWh

2,035

Level 6: 401 kWh or higher

2,120

5.2

Wholesale electricity prices for other purposes

1,368

6

Wholesale electricity prices for collective living quarters, residential areas

6.1

Districts

6.1,1

Wholesale electricity prices for domestic use

6.1,1,1

Substation invested in by the seller
Level 1: 0 – 50 kWh

1,443

Level 2: 51 – 100 kWh

1,494

Level 3: 101 – 200 kWh

1,690

Level 4: 201 – 300 kWh

2,139

Level 5: 301 – 400 kWh

2,414

Level 6: 401 kWh or higher

2,495

6.1,1,2

Substation invested in by the buyer
Level 1: 0 – 50 kWh

1,421

Level 2: 51 – 100 kWh

1,472

Level 3: 101 – 200 kWh

1,639

Level 4: 201 – 300 kWh

2,072

Level 5: 301 – 400 kWh

2,330

Level 6: 401 kWh or higher

2,437

6.1,2

Wholesale electricity prices for other purposes

1,380

6.2

Communes

6.2,1

Wholesale electricity prices for domestic use

6.2,1,1

Substation invested in by electricity seller
Level 1: 0 – 50 kWh

1,391

Level 2: 51 – 100 kWh

1,442

Level 3: 101 – 200 kWh

1,601

Level 4: 201 – 300 kWh

2,027

Level 5: 301 – 400 kWh

2,280

Level 6: 401 kWh or higher

2,357

6.2,1,2

Substation invested in by the buyer
Level 1: 0 – 50 kWh

1,369

Level 2: 51 – 100 kWh

1,420

Level 3: 101 – 200 kWh

1,564

Level 4: 201 – 300 kWh

1,939

Level 5: 301 – 400 kWh

2,197

Level 6: 401 kWh or higher

2,271

6.2,2

Wholesale electricity prices for other purposes

1,380

7

Wholesale electricity prices for commercial – service – domestic complexes

7.1

Wholesale electricity prices for domestic use
Level 1: 0 – 50 kWh

1,518

Level 2: 51 – 100 kWh

1,568

Level 3: 101 – 200 kWh

1,821

Level 4: 201 – 300 kWh

2,293

Level 5: 301 – 400 kWh

2,563

Level 6: 401 kWh or higher

2,647

7.2

Wholesale electricity prices for other purposes
a) Normal hours

2,328

b) Off-peak hours

1,416

c) Peak hours

4,004

8

Wholesale electricity prices for industrial zones

8.1

Wholesale electricity prices at 110 kV bus bar of 110kV/35-22-10-6kV substation

8.1.1

Total installed capacity of transformers of substation is greater than 100 MVA
a) Normal hours

1,380

b) Off-peak hours

860

c) Peak hours

2,515

8.1.2

Total installed capacity of transformers of substation is from 50 MVA to 100 MVA
a) Normal hours

1,374

b) Off-peak hours

833

c) Peak hours

2,503

8.1.3

Total installed capacity of transformers of substation is less than 50 MVA
a) Normal hours

1,367

b) Off-peak hours

830

c) Peak hours

2,487

8.2

Wholesale electricity prices at medium-voltage bus bar of 110kV/35-22-10-6kV substation

8.2.1

Voltage from 22 kV to less than 110 kV
a) Normal hours

1,424

b) Off-peak hours

901

c) Peak hours

2,621

8.2.2

Voltage from 6 kV to less than 22 kV
a) Normal hours

1,474

b) Off-peak hours

934

c) Peak hours

2,705

Credit: thuvienphapluat.vn 

 

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