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Average retail electricity price adjusted up 4.8% from May 10

On the afternoon of May 9, Vietnam Electricity Group (EVN) held a press conference to inform about the adjustment of the average retail electricity price to VND 2,204.0655/kWh (excluding value added tax), an increase of 4.8% compared to the current level since May 10.

Báo Khánh HòaBáo Khánh Hòa09/05/2025

<span style=Checking the operation of the electrical cabinet system. (Photo: EVN)" data-sub-html="Kiểm tra vận hành hệ thống tủ điện. (Ảnh: EVN)" src="https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/5/10/d088c93410a946459640c64672707098">
Checking the operation of the electrical cabinet system. (Photo: EVN)

Pursuant to the provisions of the Electricity Law No. 61/2024/QH15 dated November 30, 2024, Decree No. 72/2025/ND-CP dated March 28, 2025 of the Government stipulating the mechanism and time for adjusting the average retail electricity price and Circular No. 22/2025/TT-BCT dated April 26, 2025 of the Ministry of Industry and Trade stipulating the calculation of the average retail electricity price, with the spirit of minimizing the impact on the economy and people's lives and carefully assessing, in accordance with the practical situation, Vietnam Electricity Group has issued Decision No. 599/QD-EVN dated May 7, 2025 on adjusting the average retail electricity price, accordingly, the average retail electricity price after adjustment is VND 2,204.0655/kWh (excluding value added tax) from the date of adjustment. 10/5/2025. This adjustment is equivalent to an increase of 4.8% compared to the current average retail electricity price.

The Ministry of Industry and Trade also issued Decision No. 1279/QD-BCT dated May 9, 2025 regulating electricity prices, including promulgating retail electricity prices for groups of electricity customers and retail electricity prices for electricity retailers.

Average retail electricity price adjusted to increase by 4.8% from May 10 photo 1
Mr. Vo Quang Lam, Deputy General Director of Vietnam Electricity Group, spoke at the meeting. (Photo: LE CHI)

Speaking at the discussion, Deputy General Director of Vietnam Electricity Group, Mr. Vo Quang Lam, said: The adjustment of electricity prices has a certain impact on the increase of the CPI index. However, Vietnam Electricity Group has closely coordinated with the General Statistics Office ( Ministry of Finance ) to grasp the input developments and this adjustment of electricity prices has a 0.09% impact on the CPI index.

According to Vietnam Electricity Group, basically, this electricity price adjustment will ensure that poor households and policy families are not affected significantly. Poor households and social policy households will continue to receive support according to the provisions of Decision No. 28/2014/QD-TTg dated April 7, 2014 of the Prime Minister .

In particular, poor households are supported with a monthly support level equivalent to the amount of electricity used by 30 kWh/household/month, social policy households with the amount of electricity used not exceeding 50 kWh/month are supported with a monthly support level equivalent to the amount of electricity used by 30 kWh/household/month according to the Government's policy.

According to Decision 1279/QD-BCT of the Ministry of Industry and Trade dated May 9, the retail price of household electricity is applied as follows: Level 1: For kWh from 0 to 50: 1,984 VND/kWh; Level 2: For kWh from 51 to 100: 2,050 VND/kWh; Level 3: For kWh from 101 to 200: 2,380 VND/kWh; Level 4: For kWh from 201 to 300: 2,998 VND/kWh; Level 5: For kWh from 301 to 400: 3,350 VND/kWh; Level 6: For kWh from 401 and above: 3,460 VND/kWh.

According to nhandan.vn

Source: https://baokhanhhoa.vn/kinh-te/202505/dieu-chinh-gia-ban-le-dien-binh-quan-tang-48-tu-ngay-105-de0625a/


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