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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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