The above information is stated in the Decision stipulating the mechanism for adjusting the average retail electricity price, replacing Decision 24/2017/QD-TTg approved by the Prime Minister on March 26.
Accordingly, the average electricity selling price is established on the basis of the cost of generating electricity, the cost of purchasing electricity transmission services, electricity distribution - retail, dispatching the electricity system and managing electricity market transactions. , costs of power system support services, industry operating and management costs, and other costs are allocated and only include costs that directly serve the Group's electricity production and supply. Vietnam Electricity (EVN)…
During the year, the average electricity selling price is considered and adjusted on the basis of updating electricity generation costs and electricity purchase costs from power plants providing auxiliary services according to basic input parameters in the electricity generation stage. and other costs not included in the electricity price.
when the Average electricity selling price decreased by 1% or more Compared to the current average electricity selling price, the electricity price is allowed to be adjusted downward accordingly.
when the The average electricity selling price increased by 3% or more Compared to the current average electricity price, the electricity price is allowed to increase.
The average electricity price adjustment time is at least 03 months from the most recent electricity price adjustment.
Regarding the mechanism for adjusting the average electricity selling price during the year, the Decision clearly states: In case after calculating the update, the calculated average electricity selling price lower than 1% or more Compared to the current average electricity selling price, EVN Group is responsible for adjusting and reducing the average electricity selling price at a corresponding level. Within 5 working days from the date of making adjustments, EVN is responsible for preparing documents to report to the Ministry of Industry and Trade to preside and coordinate with relevant ministries and agencies for inspection and supervision.
In case after calculating the update, the average electricity selling price needs to be adjusted to be higher than the current average electricity selling price. from 3% to less than 5%, EVN decided to adjust the average electricity selling price to a corresponding level. Within 5 working days from the date of making adjustments, EVN prepares documents to report to the Ministry of Industry and Trade to preside and coordinate with relevant ministries and agencies for inspection and supervision.
In case after calculating the update, the average electricity selling price needs to be adjusted to be higher than the current average electricity selling price. from 5% to less than 10%, EVN Group is allowed to adjust the average electricity selling price to a corresponding level after reporting and being approved by the Ministry of Industry and Trade. Within 15 working days from the date of receipt of EVN's complete price plan dossier, the Ministry of Industry and Trade is responsible for responding in writing for EVN to implement. Within 5 working days from the date of making the adjustment, EVN Group is responsible for reporting to the Ministry of Industry and Trade.
In case after calculating the update, the average electricity selling price needs to be adjusted to be higher than the current average electricity selling price. from 10% or more or affect the macroeconomic situation, based on the electricity price plan documents submitted by EVN, the Ministry of Industry and Trade presides over inspection, review and sends comments to the Ministry of Finance and relevant ministries and agencies. . Based on comments from the Ministry of Finance and relevant ministries and agencies, the Ministry of Industry and Trade synthesizes and reports to the Prime Minister for consideration and comments. In case of necessity, the Ministry of Industry and Trade coordinates with relevant ministries and agencies to report to the Price Management Steering Committee before reporting to the Prime Minister.
According to the Electricity Regulatory Authority (Ministry of Industry and Trade), the Decision to propose shortening the minimum time between two price adjustments from 2 months to 6 months does not mean adjusting electricity prices every 3 months but also depends on the situation. depends on the assessment of the impact on the macroeconomy, as well as on the results of calculating and updating the electricity price to a sufficient level to be considered for adjustment according to regulations or not.
In fact, Decision 24/2017/QD-TTg of the Prime Minister also allows adjusting electricity prices every 6 months. But for many reasons, the electricity price has remained the same for 4 years.
