Decision 2699/QD-BCT 2024 on electricity prices

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ATTRIBUTE

Decision No. 2699/QD-BCT dated October 11, 2024 of the Ministry of Industry and Trade on electricity prices
Issuing body: Ministry of Industry and TradeEffective date:
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Official number:2699/QD-BCTSigner:Truong Thanh Hoai
Type:DecisionExpiry date:Updating
Issuing date:11/10/2024Effect status:
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Fields:Commerce - Advertising , Electricity , Industry
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Effect status: Known

THE MINISTRY OF INDUSTRY AND TRADE
________

No. 2699/QD-BCT

THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

______________________

Hanoi, October 11, 2024

DECISION

On electricity prices

______________

THE MINISTER OF INDUSTRY AND TRADE

 

Pursuant to the Government's Decree No. 96/2022/ND-CP dated November 29, 2022, defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade; the Government’s Decree No. 105/2024/ND-CP dated August 1, 2024, amending and supplementing a number of articles of the Government’s Decree No. 96/2022/ND-CP dated November 29, 2022, defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade; and the Government’s Decree No. 26/2018/ND-CP dated February 28, 2018, on Charter of organization and operation of Vietnam Electricity;

Pursuant to the Electricity Law dated December 3, 2004, and the Law Amending and Supplementing a Number of Articles of the Electricity Law dated November 20, 2012;

Pursuant to the Government’s Decree No. 137/2013/ND-CP dated October 21, 2013, detailing a number of articles of the Electricity Law and the Law Amending and Supplementing a Number of Articles of the Electricity Law;

Pursuant to the Government’s Decree No. 104/2022/ND-CP dated December 21, 2022, amending and supplementing a number of articles of Decrees relating to the submission and presentation of household registration books and temporary residence books when carrying out administrative procedures or providing public services;

Pursuant to the Prime Minister’s Decision No. 05/2024/QD-TTg dated March 26, 2024, on the mechanism for adjusting the average electricity retail prices;

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 Prime Minister’s Decision No. 02/2023/QD-TTg dated February 3, 2023, on the average electricity retail price bracket;

Pursuant to the Minister of Industry and Trade's Circular No. 16/2014/TT-BCT dated May 29, 214, prescribing the implementation of regulations on electricity prices; the Minister of Industry and Trade's Circular No. 25/2018/TT-BCT dated September 12, 2018, amending and supplementing a number of articles of Circular No. 16/2014/TT-BCT; the Minister of Industry and Trade's Circular No. 06/2021/TT-BCT dated August 8, 2021, amending and supplementing a number of articles of Circular No. 16/2014/TT-BCT; and the Minister of Industry and Trade's Circular No. 09/2023/TT-BCT dated April 21, 2023, amending and supplementing a number of articles of Circular No. 16/2014/TT-BCT and Circular No. 25/2018/TT-BCT;

Pursuant to the Vietnam Electricity’s Decision No. 1046/QD-EVN dated October 11, 2024, on adjustment of average electricity retail price;

At the proposal of the Director of the Electricity Regulatory Authority,

 

DECIDES:

 

Article 1. The electricity retail prices applicable to groups of electricity customers and electricity prices applicable to electricity-retailing units are provided in the Appendix to this Decision. Electricity prices provided in the Appendix to this Decision are exclusive of value-added tax.

Article 2. The average electricity retail price is VND 2,103.1159/kWh (exclusive of value-added tax).

Article 3. Time for applying the electricity prices: From October 11, 2024.

Article 4. Chief of the Ministry Office, Director of the Electricity Regulatory Authority, General Director of Vietnam Electricity, relevant organizations and individuals shall implement this Decision./.

 

 

FOR THE MINISTER
THE DEPUTY MINISTER



Truong Thanh Hoai

 

 

Appendix

ELECTRICITY TARIFF

(Attached to the Minister of Industry and Trade’s Decision No. 2699/QD-BCT dated October 11, 2024)

 

No.

Customer group

Electricity price (VND/kWh)

1

Electricity retail prices for manufacturing industries

 

1.1

Voltage of 110kV and above

 

 

a) Standard hour

1,728

 

b) Off-peak hour

1,094

 

c) Peak hour

3,116

1.2

Voltage of 22kV to below 110kV

 

 

a) Standard hour

1,749

 

b) Off-peak hour

1,136

 

c) Peak hour

3,242

1.3

Voltage of 6 kV to below 22 kV

 

 

a) Standard hour

1,812

 

b) Off-peak hour

1,178

 

c) Peak hour

3,348

1.4

Voltage of below 6kV

 

 

a) Standard hour

1,896

 

b) Off-peak hour

1,241

 

c) Peak hour

3,474

2

Electricity retail prices for administrative and public sectors

 

2.1

Hospitals, nurseries, kindergartens, schools

 

2.1.1

Voltage of 6 kV and above

1,851

2.1.2

Voltage of below 6kV

1,977

2.2

Public lighting; non-business units

 

2.2.1

Voltage of 6 kV and above

2,040

2.2.2

Voltage of below 6kV

2,124

3

Electricity retail prices for business

 

3.1

Voltage of 22 kV and above

 

 

a) Standard hour

2,755

 

b) Off-peak hour

1,535

 

c) Peak hour

4,795

3.2

Voltage of 6 kV to below 22 kV

 

 

a) Standard hour

2,965

 

b) Off-peak hour

1,746

 

c) Peak hour

4,963

3.3

Voltage of below 6kV

 

 

a) Standard hour

3,007

 

b) Off-peak hour

1,830

 

c) Peak hour

5,174

4

Electricity retail prices for residential use

 

4.1

Electricity retail prices for residential use

 

 

Rate 1: For the kWh from 0 - 50

1,893

 

Rate 2: For the kWh from 51 - 100

1,956

 

Rate 3: For the kWh from 101 - 200

2,271

 

Rate 4: For the kWh from 201 - 300

2,860

 

Rate 5: For the kWh from 301 - 400

3,197

 

Rate 6: For the kWh from 401 onwards

3,302

4.2

Electricity retail price for residential use via prepaid card meter

2,776

5

Electricity wholesale prices for rural areas

 

5.1

Electricity wholesale prices for residential use

 

 

Rate 1: For the kWh from 0 - 50

1,581

 

Rate 2: For the kWh from 51 - 100

1,644

 

Rate 3: For the kWh from 101 - 200

1,789

 

Rate 4: For the kWh from 201 - 300

2,218

 

Rate 5: For the kWh from 301 - 400

2,513

 

Rate 6: For the kWh from 401 onwards

2,617

5.2

Electricity wholesale price for other purposes

1,655

6

Electricity wholesale prices for collective housing, residential clusters

 

6.1

Cities, towns

 

6.1.1

Electricity wholesale prices for residential use

 

6.1.1.1

Substation financed by the electricity supplier

 

 

Rate 1: For the kWh from 0 - 50

1,768

 

Rate 2: For the kWh from 51 - 100

1,831

 

Rate 3: For the kWh from 101 - 200

2,072

 

Rate 4: For the kWh from 201 - 300

2,623

 

Rate 5: For the kWh from 301 - 400

2,960

 

Rate 6: For the kWh from 401 onwards

3,059

6.1.1.2

Substation financed by the electricity purchaser

 

 

Rate 1: For the kWh from 0 - 50

1,742

 

Rate 2: For the kWh from 51 - 100

1,805

 

Rate 3: For the kWh from 101 - 200

2,012

 

Rate 4: For the kWh from 201 - 300

2,543

 

Rate 5: For the kWh from 301 - 400

2,861

 

Rate 6: For the kWh from 401 onwards

2,990

6.1.2

Electricity wholesale price for other purposes

1,669

6.2

Districts

 

6.2.1

Electricity wholesale prices for residential use

 

6.2.1.1

Substation financed by the electricity supplier

 

 

Rate 1: For the kWh from 0 - 50

1,707

 

Rate 2: For the kWh from 51 - 100

1,770

 

Rate 3: For the kWh from 101 - 200

1,967

 

Rate 4: For the kWh from 201 - 300

2,490

 

Rate 5: For the kWh from 301 - 400

2,802

 

Rate 6: For the kWh from 401 onwards

2,895

6.2.1.2

Substation financed by the electricity purchaser

 

 

Rate 1: For the kWh from 0 - 50

1,681

 

Rate 2: For the kWh from 51 - 100

1,744

 

Rate 3: For the kWh from 101 - 200

1,924

 

Rate 4: For the kWh from 201 - 300

2,386

 

Rate 5: For the kWh from 301 - 400

2,703

 

Rate 6: For the kWh from 401 onwards

2,794

6.2.2

Electricity wholesale price for other purposes

1,669

7

Electricity wholesale prices for commerce - service - residential building complex

 

7.1

Electricity wholesale prices for residential use

 

 

Rate 1: For the kWh from 0 - 50

1,858

 

Rate 2: For the kWh from 51 - 100

1,919

 

Rate 3: For the kWh from 101 - 200

2,227

 

Rate 4: For the kWh from 201 - 300

2,805

 

Rate 5: For the kWh from 301 - 400

3,136

 

Rate 6: For the kWh from 401 onwards

3,238

7.2

Electricity wholesale prices for other purposes

 

 

a) Standard hour

2,851

 

b) Off-peak hour

1,734

 

c) Peak hour

4,904

8

Electricity wholesale prices for industrial zones and clusters

 

8.1

Electricity wholesale prices at the 110kV busbars of 110/35-22-10-6kV substations

 

8.1.1

Total capacity of transformers exceeding 100MVA

 

 

a) Standard hour

1,664

 

b) Off-peak hour

1,066

 

c) Peak hour

3,050

8.1.2

Total capacity of transformers ranges from 50MVA to 100MVA

 

 

a) Standard hour

1,657

 

b) Off-peak hour

1,035

 

c) Peak hour

3,037

8.1.3

Total capacity of transformers below 50MVA

 

 

a) Standard hour

1,649

 

b) Off-peak hour

1,030

 

c) Peak hour

3,018

8.2

Electricity wholesale prices for medium-voltage electricity at the 110/35-22-10-6kV substations

 

8.2.1

Voltage of 22kV to below 110kV

 

 

a) Standard hour

1,717

 

b) Off-peak hour

1,115

 

c) Peak hour

3,181

8.2.2

Voltage of 6 kV to below 22 kV

 

 

a) Standard hour

1,779

 

b) Off-peak hour

1,155

 

c) Peak hour

3,284

9

Electricity wholesale price for markets

2,687

 

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