Decision No. 4495/QD-BCT dated November 30, 2017 of the Ministry of Industry and Trade on electricity prices

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Issuing body:	Ministry of Industry and Trade	Effective date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Official number:	4495/QD-BCT	Signer:	Hoang Quoc Vuong
Type:	Decision	Expiry date:	Updating
Issuing date:	30/11/2017	Effect status:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Fields:	Commerce - Advertising , Electricity , Industry

SUMMARY

From December 01, the average retail electricity price is VND 1,720.65 per kWh

This is the important content prescribed at the Decision No. 4495/QD-BCT on electricity prices issued by the Ministry of Industry and Trade on November 20, 2017.

In particular, from December 01, 2107, the average retail electricity price increase from VND 1,622.01 per kWh to ,720.65 per kWh, increased by 6.08% compared previous regulations.

Within that, the retail electricity prices for domestic use is from VND1,549 – VND 2,701 per kWh. Retail electricity prices for production with voltage of 110 kV or higher in Normal hours is VND 1,434 per kWh; in Off-peak hours is VND 884 per kWh and in Peak hours is VND 2,570 per kWh, within that the previous prices are in turn VND 1,388 per kWh; VND 869 per kWh; VND 2,459 per kWh.

The retail electricity prices for hospitals, nursery schools, kindergartens, schools VND 1,531 - VND 1,635 per kWh depending on the voltage of higher or less than 6 kV. Retail electricity prices for business for Voltage of 22 kV or higher in peak hours increase from VND 3,699 per kWh to VND 3, 923 per kWh…

Above average retail electricity price is applicable from December 01, 2017.

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Effect status: Known

THE MINISTRY OF INDUSTRY AND TRADE

Decision No.4495/QD-BCT dated November 30, 2017 of the Ministry of Industry and Trade on electricity prices

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. To apply the electricity price from December 01, 2017.

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

For the Minister

The Deputy Minister

Hoang Quoc Vuong

APPENDIX

ELECTRICITY PRICES
(To attach 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

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Decision No. 4495/QD-BCT dated November 30, 2017 of the Ministry of Industry and Trade on electricity prices

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