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MEKONG COUNSEL

Circular regulating the electricity selling prices and guiding their implementation

On June 29th, 2012, the Ministry of Industry and Trade issued Circular No. 17/2012/TT-BCT regulating the electricity selling prices and guiding their implementation. Accordingly, the average, voltage-based, and time-based electricity selling prices shall be amended as follows:

 

- The average selling price: VND 1,369/kWh (exclusive of VAT).

 

- The voltage-based electricity selling price: shall be applicable to to customers using electricity for purposes of production, business, service provision, irrigation, non-business and administrative work, for industrial parks and other purposes at high-rise apartment buildings in cities and new urban centers.

 

- The time-based electricity selling price (three-level pricing system): Normal hours (04:00 - 09:30, 20:00 - 22:00, 11:30 - 17:00, Monday through Saturday and 04:00 - 22:00 Sunday); Peak hours (09:30 - 11:30, 17:00 - 20:00, Monday through Saturday); low-consumption hours (all weekdays: 22:00 – 04:00 of the following day).

 

This Circular shall be effective from July 1st, 2012; supersede Circular No. 42/2011/TT-BCT dated December 19th, 2011 of the Ministry of Industry and Trade regulating the electricity selling prices and guiding their implementation.

 

Remarks: File(s) attached.