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).
Retail electricity prices for domestic use | Electricity price |
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 |
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 |
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.