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New regulations on retail electricity price structure

Deputy Prime Minister Bui Thanh Son has just signed Decision No. 14/2025/QD-TTg dated May 29, 2025 regulating the structure of retail electricity prices.

Báo Hà NamBáo Hà Nam31/05/2025

This Decision regulates the structure of retail electricity prices; suitable electricity price mechanisms for groups of electricity customers; electricity price support mechanism for living purposes for poor households and social policy households; electricity prices in rural, mountainous, border and island areas not yet connected to the national grid as prescribed in Point a, Clause 13, Article 5, Point b and Point c, Clause 3, Article 50 of the Electricity Law 2024.

Retail electricity price structure

According to the Decision, the retail electricity price structure is a table of percentages (%) of the average retail electricity price to calculate the specific retail electricity price for each group of electricity customers. The percentage (%) of the retail electricity price for each group of electricity customers compared to the average retail electricity price is adjusted according to the authority according to the regulations on the mechanism for adjusting the average retail electricity price specified in detail in the Appendix issued with this Decision.

In case the electricity consumption structure changes, based on the average retail electricity price adjusted by authority, the retail electricity price for electricity customer groups is allowed to be adjusted within ± 2% compared to the rate specified in the Appendix issued with this Decision.

Retail electricity prices for groups of electricity customers are determined based on the average retail electricity price adjusted according to the authority and structure of the retail electricity price table.

Retail price of electricity

Retail electricity prices are specified in detail for each group of electricity customers, including: production, business, administrative and living.

Retail electricity prices according to voltage levels: high voltage is the nominal voltage level above 35 kV (including voltage levels above 35 kV to below 220 kV and voltage level 220 kV), medium voltage is the nominal voltage level above 01 kV to 35 kV, low voltage is the nominal voltage level up to 01 kV applied to customer groups using electricity for production, business, and administrative purposes.

Retail electricity prices based on time of use during the day for production and business purposes at voltage levels are applied to eligible electricity customers.

Retail electricity prices for customers using electricity for domestic purposes include 5 levels with increasing prices to encourage economical and efficient use of electricity (Level 1: For kWh up to 100 - The ratio compared to the average retail electricity price adjusted by authority (%) is 90%; Level 2: For kWh from 101 - 200 - 108%; Level 3: For kWh from 201 - 400 - 136%; Level 4: For kWh from 401 - 700 - 162%; Level 5: For kWh from 701 and above - 180%).

Apply electricity prices for areas connected to the national grid for electricity customers in rural, mountainous, border, and island areas not yet connected to the national grid.

The cost difference of the electricity unit due to applying the unified national electricity selling price lower than the cost of electricity production and business is calculated into the general national electricity price for areas where Vietnam Electricity Group sells electricity; for areas where Vietnam Electricity Group does not sell electricity, the cost difference is implemented according to the regulations of the Prime Minister .

In case the retail electricity price has many components applied to customer groups when technical conditions permit, it shall be implemented according to regulations of the Prime Minister.

Electricity support

According to the Decision, poor households according to the criteria of relevant legal regulations in each period are supported with electricity bills for living purposes, the monthly support level is equivalent to the electricity bill for using 30 kWh calculated according to the current retail price of level 1 household electricity.

Social policy households according to the criteria prescribed by the Prime Minister (not poor households receiving electricity support according to the above regulations) and whose monthly electricity consumption for domestic purposes does not exceed 50 kWh will be supported with electricity equivalent to the electricity consumption of 30 kWh calculated according to the current retail price of household electricity level 1.

Funding for electricity support for poor households and social policy households is arranged from the state budget and other legal financial sources according to the law. The central budget supports localities in implementing electricity support according to the principle of targeted support from the central budget to local budgets to implement social security policies decided by competent authorities from time to time.

The Ministry of Industry and Trade is responsible for regulating and guiding the implementation of retail electricity prices for groups of electricity customers; electricity prices for electricity retailers. The Minister of Industry and Trade decides by administrative documents on peak, off-peak, and normal hours in accordance with the electricity usage situation of the power system in each period.

Decision No. 28/2014/QD-TTg dated April 7, 2014 of the Prime Minister regulating the structure of retail electricity prices shall continue to be applied from the effective date of this Decision (May 29, 2025) to the date of adjustment of the average retail electricity price nearest to the effective date of this Decision. Decision 14/2025/QD-TTg shall take effect from May 29, 2025, replacing Decision No. 28/2014/QD-TTg and shall be applied from the date of adjustment of the average retail electricity price nearest to the effective date of this Decision.

PV

Source: https://baohanam.com.vn/kinh-te/thuong-mai-dich-vu/quy-dinh-moi-ve-co-cau-bieu-gia-ban-le-dien-165166.html


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