EVN adjusts electricity prices from May 10

According to EVN, basically, this electricity price adjustment will ensure that poor households and policy families are not affected significantly.

Vietnam Electricity Group discusses the situation of adjusting retail electricity prices.

Vietnam Electricity Group (EVN) has just issued Decision No. 599/QD-EVN 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 May 10, 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 regulating electricity prices, including retail electricity prices for groups of electricity customers and retail electricity prices for electricity retailers.

According to EVN, this electricity price adjustment will basically 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 will receive monthly support 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 will receive monthly support equivalent to the amount of electricity used by 30 kWh/household/month according to the Government's policy.

To ensure electricity supply for socio-economic development and people's daily life, EVN has been implementing the National Power Supply and Operation Plan for 2025, in which the commercial electricity growth rate in 2025 is expected to be about 12.2%, the total electricity output of the entire system in 2025 will increase by about 33.6 billion kWh compared to 2024.

Regarding the structure of power sources in 2025, low-cost hydropower sources can only supply about 25% of the total system output; the remaining 75% of the system output is provided by high-cost power sources such as coal, gas, oil, renewable energy, etc. For the additional power output of the system, it is basically necessary to mobilize from high-cost power sources such as: oil-fired thermal power sources, liquefied natural gas (LNG) turbine thermal power sources and imported coal-fired thermal power sources. In addition, in recent times, the foreign exchange rate (USD) has been unpredictable and increasing. This affects the cost of power generation, which accounts for about 83% of the cost of electricity production.

In the context of rising power generation costs in recent years, EVN and its member units have drastically implemented cost reduction and savings with the requirement that by 2025, regular and major repair costs must be saved at least 10% and that they closely coordinate with the National Power System and Electricity Market Operation Company Limited to optimally operate the power system and electricity market to ensure safe and continuous power supply.

According to baotintuc.vn

Source: https://baolaocai.vn/evn-dieu-chinh-gia-dien-tu-ngay-105-post401548.html