Decision 07/2025/QD-TTg on the average electricity retail price bracket

DECISION

On the average electricity retail price bracket

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Pursuant to the Law on Organization of the Government dated February 18, 2025;

Pursuant to the Electricity Law dated November 30, 2024;

At the proposal of the Minister of Industry and Trade;

The Prime Minister hereby promulgates the Decision on the average electricity retail price bracket.

Article 1. Scope of regulation and subjects of application

1. This Decision prescribes the average electricity retail price bracket under Point b Clause 3 Article 50 of the Electricity Law No. 61/2024/QH15.

2. This Decision applies to agencies, organizations, and individuals participating in electricity-related activities and electricity consumption.

Article 2. The average electricity retail price bracket

The average electricity retail price bracket (exclusive of value-added tax) is as follows:

1. The minimum average electricity retail price is 1,826.22 VND/kWh;

2. The maximum average electricity retail price is 2,444.09 VND/kWh.

Article 3. Implementation organization

When there are major fluctuations in the parameters for calculating the price bracket, electricity production and business costs, and requirements for allocating expenses not yet included in the average electricity retail price, the Ministry of Industry and Trade shall calculate and adjust the average electricity retail price bracket, and submit it to the Prime Minister for consideration and decision.

Article 4. Effect

1. This Decision takes effect on the date of its signing.

2. The Prime Minister's Decision No. 02/2023/QD-TTg dated February 3, 2023, on the average electricity retail price bracket, ceases to be effective from the effective date of this Decision.

3. Ministers, heads of ministerial-level agencies, heads of government-attached agencies, Chairpersons of People's Committees of provinces and centrally-run cities, heads of electricity entities and concerned organizations shall implement this Decision.