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Electricity price adjusted at least 3 times/month

From March 28, 2025, retail electricity prices will be adjusted at least once every 3 months, and the average electricity price will be updated quarterly according to electricity generation costs. This is the content of Decree No. 72/2025/ND-CP dated March 28, 2025 of the Government regulating the mechanism and time for adjusting average retail electricity prices.

Báo Đồng NaiBáo Đồng Nai02/04/2025


Decree 72 allows Vietnam Electricity Group (EVN) to adjust the average retail electricity price within the price range prescribed 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 level of increase, EVN is allowed to decide to increase the average retail electricity price or must report to the Ministry of Industry and Trade and report to the Prime Minister for comments. Adjusting electricity prices every 3 months is to ensure that electricity prices promptly reflect fluctuations in input factors, helping electricity prices to be close to market prices.

From March 31, 2025, the minimum average retail electricity price is VND 1,826.22/kWh and the maximum is VND 2,444.09/kWh.

Morning

Source: https://baodongnai.com.vn/kinh-te/202504/gia-ban-dien-dieu-chinh-toi-thieu-3-thanglan-9d57950/


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