Electricity prices are adjusted at least every 3 months.

TTH.VN - This information was provided by the leaders of Hue City Power Company (PC Hue) on the morning of April 3rd. This information is included in the content of Government Decree No. 72/2025/ND-CP dated March 28, 2025 (Decree 72) regulating the mechanism and time for adjusting the average retail electricity price.

Hue Power Company workers inspect and repair electrical equipment supplying electricity to households in the area north of the Perfume River.

Accordingly, from March 28, 2025, retail electricity prices will be adjusted at least every three months, and the average electricity price will be updated quarterly based on electricity generation costs. Decree 72 allows the Vietnam Electricity Group (EVN) to adjust the average retail electricity price within the price range stipulated by the Prime Minister. Specifically, if the average retail electricity price decreases by 1% or more compared to the current level, EVN is responsible for reducing the price accordingly; conversely, if the average retail electricity price increases by 2% or more, depending on the increase, EVN is allowed to decide to increase the average retail electricity price or must report to the Ministry of Industry and Trade and the Prime Minister for their opinion.

The quarterly electricity price adjustments aim to ensure that electricity prices promptly reflect fluctuations in input factors, helping to keep prices closer to market prices. Starting from March 31, 2025, the minimum average retail electricity price will be 1,826.22 VND/kWh and the maximum will be 2,444.09 VND/kWh.

Minh Huyen

Source: https://huengaynay.vn/kinh-te/gia-dien-duoc-dieu-chinh-toi-thieu-3-thang-lan-152240.html