MINISTRY OF INDUSTRY AND TRADE OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence – Freedom – Happiness
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No. 2941/QD-BCT
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Hanoi, November 08, 2023
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DECISION
ELECTRICITY PRICES
THE MINISTER OF INDUSTRY AND TRADE OF
VIETNAM
Pursuant to the
Government’s Decree No. 96/2022/ND-CP dated November 29, 2022 on functions,
tasks, powers and organizational structure of the Ministry of Industry and
Trade;
Pursuant to the Law on
Electricity dated December 03, 2004; the Law on amendments to some 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 on elaboration of
implementation of some Articles of the Electricity Law, and the Law on
amendments to some Articles of the Electricity Law;
Pursuant to
Government’s Decree No. 104/2022/ND-CP dated December 21, 2022 on amendments to
Decrees on submission and presentation of household register books, temporary
residence register books upon carrying out administrative procedures or
providing public services;
Pursuant to Decision
No. 24/2017/QD-TTg dated June 30, 2017 of the Prime Minister on mechanism for
adjustment in average retail electricity price;
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Pursuant to Decision
No. 02/2023/QD-TTg dated February 03, 2023 of the Prime Minister on bracket of
electricity the average retail prices;
Pursuant to Circular
No. 16/2014/TT-BCT dated May 29, 2014 of the Minister of Industry and Trade on
electricity prices; Circular No. 25/2018/TT-BCT dated September 12, 2018 of the
Minister of Industry and Trade on amendments to some Articles of Circular No.
16/2014/TT-BCT ; Circular No. 06/2021/TT-BCT dated August 06, 2021 of the
Minister of Industry and Trade on amendments to some Articles of Circular No.
16/2014/TT-BCT; and Circular No. 09/2023/TT-BCT dated April 21, 2023 of the
Minister of Industry and Trade on amendments to some Articles of Circular No.
16/2014/TT-BCT and Circular No. 25/2018/TT-BCT;
Pursuant to Decision
No. 1416/QD-EVN dated November 08, 2023 of Vietnam Electricity on adjustment in
average retail electricity price;
At the request of the
General Director of the Electricity Regulatory Authority of Vietnam,
HEREBY DECIDES:
Article
1. 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 2.006,79 per kWh
(exclusive of VAT).
Article
3. This Decision comes into force from November 09, 2023.
The Decision No.
1062/QD-BCT dated May 04, 2023 of the Minister of Industry and Trade on
electricity prices will cease to be effective from the effective date of this
Decision.
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PP. MINISTER
DEPUTY MINISTER
Nguyen Sinh Nhat Tan
APPENDIX
ELECTRICITY PRICES
(Enclosed with Decision No. 2941/QD-BCT dated November 08, 2023 of the
Ministry of Industry and Trade)
NO
Groups of customers
Electricity price (VND/kWh)
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Retail electricity prices for production
1.1
Voltage of 110 kV or
higher
a) Normal hours
1.649
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1.044
c) Peak hours
2.973
1.2
Voltage from 22 kV
to less than 110 kV
a) Normal hours
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b) Off-peak hours
1.084
c) Peak hours
3.093
1.3
Voltage from 6 kV to
less than 22 kV
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a) Normal hours
1.729
b) Off-peak hours
1.124
c) Peak hours
3.194
1.4
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a) Normal hours
1.809
b) Off-peak hours
1.184
c) Peak hours
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2
Retail electricity prices for administrative offices
2.1
Hospitals, nursery
schools, kindergartens, schools
2.1.1
Voltage of 6 kV or
higher
1.766
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Voltage of less than 6
kV
1.886
2.2
Public lighting;
public service providers
2.2.1
Voltage of 6 kV or
higher
1.947
2.2.2
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2.027
3
Retail electricity prices for business
3.1
Voltage of 22 kV or
higher
a) Normal hours
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b) Off-peak hours
1.465
c) Peak hours
4.575
3.2
Voltage from 6 kV to
less than 22 kV
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a) Normal hours
2.830
b) Off-peak hours
1.666
c) Peak hours
4.736
3.3
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a) Normal hours
2.870
b) Off-peak hours
1.746
c) Peak hours
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4
Retail electricity prices for domestic use
4.1
Retail electricity
prices for domestic use
Level 1: 0 – 50 kWh
1.806
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Level 2: 51 – 100 kWh
1.866
Level 3: 101 – 200 kWh
2.167
Level 4: 201 – 300 kWh
2.729
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3.050
Level 6: 401 kWh or
higher
3.151
4.2
Retail electricity
prices for household via prepaid card meter
2.649
5
Wholesale
electricity price in rural areas
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5.1
Wholesale
electricity prices for domestic use
Level 1: 0 – 50 kWh
1.506
Level 2: 51 – 100 kWh
1.566
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Level 3: 101 – 200 kWh
1.704
Level 4: 201 – 300 kWh
2.112
Level 5: 301 – 400 kWh
2.392
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2.492
5.2
Wholesale
electricity prices for other purposes
1.577
6
Wholesale
electricity prices for collective living quarters, residential areas
6.1
Cities and towns
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6.1.1
Wholesale
electricity prices for domestic use
6.1.1.1
Substation invested by
the seller
Level 1: 0 – 50 kWh
1.686
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Level 2: 51 – 100 kWh
1.746
Level 3: 101 – 200 kWh
1.976
Level 4: 201 – 300 kWh
2.501
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2.822
Level 6: 401 kWh or
higher
2.917
6.1.1.2
Substation invested by
the buyer
Level 1: 0 – 50 kWh
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Level 2: 51 – 100 kWh
1.721
Level 3: 101 – 200 kWh
1.918
Level 4: 201 – 300 kWh
2.424
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Level 5: 301 – 400 kWh
2.727
Level 6: 401 kWh or
higher
2.851
6.1.2
Wholesale
electricity prices for other purposes
1.591
6.2
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6.2.1
Wholesale
electricity prices for domestic use
6.2.1.1
Substation invested by
the seller
Level 1: 0 – 50 kWh
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Level 2: 51 – 100 kWh
1.687
Level 3: 101 – 200 kWh
1.875
Level 4: 201 – 300 kWh
2.373
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Level 5: 301 – 400 kWh
2.670
Level 6: 401 kWh or
higher
2.760
6.2.1.2
Substation invested by
the buyer
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1.602
Level 2: 51 – 100 kWh
1.662
Level 3: 101 – 200 kWh
1.833
Level 4: 201 – 300 kWh
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Level 5: 301 – 400 kWh
2.575
Level 6: 401 kWh or
higher
2.663
6.2.2
Wholesale
electricity prices for other purposes
1.591
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Wholesale
electricity prices for commercial – service – domestic complexes
7.1
Wholesale
electricity prices for domestic use
Level 1: 0 – 50 kWh
1.772
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1.830
Level 3: 101 – 200 kWh
2.125
Level 4: 201 – 300 kWh
2.676
Level 5: 301 – 400 kWh
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Level 6: 401 kWh or
higher
3.089
7.2
Wholesale
electricity prices for other purposes
a) Normal hours
2.720
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b) Off-peak hours
1.654
c) Peak hours
4.677
8
Wholesale
electricity prices for industrial zones and clusters
8.1
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8.1.1
Total installed
capacity of transformers of substation is greater than 100 MVA
a) Normal hours
1.587
b) Off-peak hours
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c) Peak hours
2.910
8.1.2
Total installed capacity
of transformers of substation is from 50 MVA to 100 MVA
a) Normal hours
1.581
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b) Off-peak hours
987
c) Peak hours
2.897
8.1.3
Total installed
capacity of transformers of substation is less than 50 MVA
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1.573
b) Off-peak hours
982
c) Peak hours
2.879
8.2
Wholesale
electricity prices at medium-voltage bus bar of 110kV/35-22-10-6kV substation
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8.2.1
Voltage from 22 kV to
less than 110 kV
a) Normal hours
1.638
b) Off-peak hours
1.064
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c) Peak hours
3.034
8.2.2
Voltage from 6 kV to
less than 22 kV
a) Normal hours
1.697
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1.102
c) Peak hours
3.132
9
Wholesale
electricity prices for markets
2.562