| THE MINISTER OF INDUSTRY AND TRADE ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------- |
| No. 08/2010/TT-BCT | Hanoi, February 24, 2010 |
CIRCULAR
PROVIDING 2010 ELECTRICITY SALE PRICES AND GUIDING THEIR APPLICATION
THE MINISTER OF INDUSTRY AND TRADE
Pursuant to the Government's Decree No. 189/2007/ND-CP of December 27, 2007, defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade;
Pursuant to the December 3, 2004 Electricity Law; and the Government's Decree No. 105/2005/ND-CP of August 17, 2005, detailing and guiding a number of articles of the Electricity Law;
Pursuant to the Prime Minister's Decision No. 21/2009/QD-TTg of February 12, 2009, approving market-based electricity sale prices to be applied in 2009 and during 2010-2012;
Pursuant to the Government Office's Notice No. 50/TB-VPCP of February 12, 2010, on the Prime Minister's concluding opinions on the scheme on 2010 electricity prices;
At the proposal of the director of the Electricity Regulatory Authority of Vietnam,
The Ministry of Industry and Trade prescribes 2010 electricity sale prices and guides their application as follows:
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation and subjects of application
1. This Circular prescribes electricity wholesale and retail prices in 2010 and guides their application.
2. This Circular applies to organizations and individuals buying and selling electricity from the national power system.
3. Provincial-level People's Committees shall decide on electricity sale prices in localities which are not connected with the national power grid after obtaining written opinions from the Electricity Regulatory Authority of Vietnam.
Article 2. Average electricity sale price
The average electricity sale price in 2010 is VND 1.058/kWh (exclusive of value-added tax) corresponding to specific calculation parameters in Part B of the Appendix to this Circular.
Article 3. Voltage-based electricity sale prices
1. Voltage-based electricity sale prices under this Circular are applicable to all electricity buyers other than those buying electricity at daily-life electricity retail prices or at wholesale prices applicable to rural areas, condominiums and residential clusters.
2. Electricity shall be sold at the price applicable to the voltage of the electric metering system.
Article 4. Consumption hour-based electricity sale prices
Electricity sale prices are set based on the time of consumption during the day (below referred to as three-price system) as follows:
1. Off-peak hours:
a/ From Monday to Saturday:
- From 4:00 h to 9:30 h (5 hours and 30 minutes);
- From 11:30 h to 17:00 h (5 hours and 30 minutes);
- From 20:00 h to 22:00 h (2 hours).
b/ Sunday:
- From 4:00 h to 22:00 h (18 hours).
2. Peak hours:
a/ From Monday to Saturday:
- From 9:30 h to 11:30 h (2 hours);
- From 17:00 h to 20:00 h (3 hours);
b/ Sunday: no peak hours
3. Low load hours:
All days from 22:00 h to 4:00 h (6 hours).
