New retail electricity prices: The highest level is VND 4,724 VND per kwh

On May 04, 2023, the Ministry of Industry and Trade No. 1062/QD-BCT on electricity prices

This Decision prescribes the electricity price for domestic use or business use and production.

Within that, the average retail electricity price is VND 1,920.3732 per kwh (excluded VAT).

New retail electricity prices
New retail electricity prices: The highest level is VND 4,724 VND per kwh (Illustration)

 

Retail electricity prices for domestic use

Electricity price
(VND/kWh)

Level 1: 0 – 50 kWh

1,728

Level 2: 51 – 100 kWh

1,786

Level 3: 101 – 200 kWh

2,074

Level 4: 201 – 300 kWh

2,612

Level 5: 301 – 400 kWh

2,919

Level 6: 401 kWh or higher

3,015

Retail electricity prices for production

Electricity price
(VND/kWh)

Voltage of 110 kV or higher

 

a) Normal hours

1,584

b) Off-peak hours

999

c) Peak hours

2,844

Voltage from 22 kV to less than 110 kV

 

a) Normal hours

1,604

b) Off-peak hours

1,037

c) Peak hours

2,959

Voltage from 6 kV to less than 22 kV

 

a) Normal hours

1,661

b) Off-peak hours

1,075

c) Peak hours

3,055

Voltage of less than 6 kV

 

a) Normal hours

1,738

b) Off-peak hours

1,133

c) Peak hours

3,171

Retail electricity prices for business

Electricity price
(VND/kWh)

Voltage of 22 kV or higher

 

a) Normal hours

2,516

b) Off-peak hours

1,402

c) Peak hours

4,378

Voltage from 6 kV to less than 22 kV

 

a) Normal hours

2,708

b) Off-peak hours

1,594

c) Peak hours

4,532

Voltage of less than 6 kV

 

a) Normal hours

2,746

b) Off-peak hours

1,671

c) Peak hours

April 4.72

Apart from the retail electricity price, the Ministry of Industry and Trade also prescribes the wholesale electricity price.

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