| THE MINISTRY OF INDUSTRY AND TRADE -------- No. 38/2012/TT-BCT | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness ---------------- Hanoi, December 20, 2012 |
CIRCULAR
INTRODUCING AND GUIDING THE ELECTRICITY PRICES
Pursuant to the Law on Electricity dated December 03rd 2004; the Government's Decree No. 105/2005/ND-CP dated August 17th 2005 detailing and guiding the implementation of a number of articles of the Law on Electricity;
Pursuant to Pursuant to the Government's Decree No. 189/2007/ND-CP dated December 27th 2007 on defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade; the Government's Decree No. 44/2011/ND-CP dated June 14th 2011 amending and supplementing Article 3 of the Decree No. 189/2007/ND-CP;
Pursuant to the Prime Minister’s Decision No. 21/2009/QD-TTg dated February 12th 2009 on the electricity prices 2009 and 2010 – 2012 according to the market mechanism;
Pursuant to the Prime Minister’s Decision No. 24/2011/QD-TTg dated April 15th 2011 on the adjustment of electricity prices according to the market mechanism;
Pursuant to the Prime Minister’s Decision No. 268/QD-TTg dated February 23rd 2011 on the retail electricity tariff applicable from 2011;
The Minister of Industry and Trade issues a Circular introducing and guiding the electricity prices as follows:
Chapter 1.
GENERAL PROVISIONS
Article 1. Scope of regulation and subjects of application
1. This Circular deals with the electricity retail prices applicable to the group of electricity customers based on the average electricity price calculated in accordance with the mechanism provided in the Prime Minister’s Decision No. 24/2011/QD-TTg dated April 15th 2011 on the adjustment of electricity prices according to the market mechanism and the structure of the retail electricity tariff approved by the Prime Minister, and the electricity wholesale prices for the electricity retailers that purchase electricity directly from EVN or its affiliated companies.
2. This Circular is applicable to the organizations and individuals that buy and sell electricity from the national electricity system and relevant organizations and individuals.
3. The electricity prices in the areas that are not connected to the national grid shall be approved by provincial People’s Committees after receiving the written opinions from the Electricity Regulatory Authority.
Article 2. The average electricity price
The average electricity price is 1,437 VND per kWh (not including VAT).
Article 3. The voltage-based electricity prices
1. The voltage-based electricity prices are applicable to the customers using electricity for production, service provision, irrigation, public service provision, to industrial parks, and for other purposes in apartment buildings in cities and new urban areas.
