Ministry releases table of new electrical rates

The Ministry of Industry and Trade has raised the price of electricity by VND165 ($0.007) per kilowatt-hour to VND1,242 per Kwh.

Households' monthly electricity bills will be divided into seven levels.

Poor and low-income households who use no more than 50kWh per month will pay VND993 ($0.047) per kWh. However, they must first register with electricity suppliers to benefit from the favourable rate.

Average households will on the other hand have to pay VND1,242 per kWh for the first 100kWh of electricity used, and between VND1,304 – VND1,962 per kWh for the remainder.

The electricity price for temporary or pre-paid users will be VND1,639 (0.08) per kWh, excluding value-added tax.

Household electricity rates in rural and mountainous areas and on islands that are not connected to the national grid will be approved by People's Committees at provincial level. However, under the ministerial decree, rates must be between VND1,863 per kWh and VND3,105 per kWh.

Electricity producers in these areas are required to submit their proposed rates to the industry department and the ministry's electricity regulation department before April 1 each year, before approaching the provincial-level People's Committee for approval (Before July 1 each year).

Retail electricity rate for households

Retail electricity rate for businesses

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