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Circular No. 60/2025/TT-BCT dated December 2, 2025 of the Ministry of Industry and Trade on implementation of electricity sale prices

Date: 2/12/2025


MINISTRY OF INDUSTRY AND TRADE
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THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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No. 60/2025/TT-BCT
Hanoi, December 2, 2025
 
CIRCULAR
ON IMPLEMENTATION OF ELECTRICITY SALE PRICES
Pursuant to the Law on Electricity No. 61/2024/QH15;
Pursuant to Decree No. 40/2025/ND-CP of the Government on functions, duties, powers and organizational structure of the Ministry of Industry and Trade;
Pursuant to Decision No. 14/2025/QD-TTg of the Prime Minister on the retail electricity tariff structure;
At the request of the Director of the Electricity Regulatory Authority;
The Minister of Industry and Trade promulgates this Circular on implementation of electricity sale prices.
Chapter I
GENERAL PROVISIONS
Article 1. Scope and regulated entities
1. This Circular provides for implementation of retail electricity sale prices applicable to groups of electricity users and electricity sale prices applicable to electricity retailers as prescribed in Clause 1 Article 5 of Decision No. 14/2025/QD-TTg dated May 29, 2025 of the Prime Minister on the retail electricity sale price structure.
2. This Circular applies to agencies, organizations and individuals purchasing and selling electricity from the national power system within areas connected to the national grid; in rural, mountainous, border and island areas not yet connected to the national grid; and to relevant agencies, organizations and individuals.
Article 2. Interpretation of terms
For the purposes of this Circular, the terms below are construed as follows:
1. Residential electricity consumption quota means the consumption levels of each tier stipulated in Section 4 of the Appendix enclosed with Decision No. 14/2025/QD-TTg (hereinafter referred to as the quota).
2. Electricity sale prices applicable to electricity retailers mean the sale prices at which Power Corporations, Power Companies or authorized entities under Vietnam Electricity (EVN) sell electricity to electricity retailers.
3. Residential information means information determined in accordance with the Law on Residence and legislative documents on elaboration of the Law on Residence.
Article 3. Application of electricity sale prices
1. Principles for application of electricity sale prices:
a) Electricity sale prices must be applied according to the correct users and purposes of electricity use as prescribed in this Circular;
b) The electricity purchaser shall declare the correct purpose of electricity use to apply the electricity sale prices in accordance with this Circular;
c) In case of any change in the purpose of electricity use leading to a change in the applicable sale price, the electricity purchaser shall notify the electricity seller 15 days before the intended date of change in order to agree on adjustment of tariff application in the contract according to the proper purpose of electricity use. The electricity seller shall inspect and promptly apply electricity sale prices according to the correct users and purposes of electricity use prescribed in this Circular;
d) Where electricity sale prices are applied inconsistently with the registered purpose of electricity use, causing damage to either the electricity purchaser or the electricity seller, within 15 days from the date on which both parties reach agreement on the amount to be collected or refunded, the electricity seller shall refund to the electricity purchaser or may collect from the electricity purchaser the difference in electricity charges for the period during which sale prices were incorrectly applied. If both parties agree that the exact time of incorrect tariff application cannot be determined, the period for calculating the collectible or refundable electricity amount shall be 12 months prior to detection of such incorrect tariff application.  The electricity purchaser or the electricity seller is entitled to request compensation for damage in accordance with relevant laws or under the agreement in the electricity purchase and sale contract.
2. Determination of the purpose of electricity use for electricity sale price calculation must correspond to the actual purpose of electricity use at the electricity use location.  For non-residential electricity use, the electricity seller shall, in the following order of priority, determine the user category: economic sector code information, establishment decision, or other legally valid documents identifying the user category of the electricity purchaser. Economic sector code information shall be taken from one of the following documents: enterprise registration certificate, household business registration certificate, information available at the National Business Registration Portal, or business license for conditional business lines as prescribed by law.
3. Where the electricity purchaser uses electricity for multiple purposes:
a) For customers entering into the electricity service agreement for residential purposes under one electricity meter but using part of the electricity for non-residential purposes, the residential retail electricity sale price shall apply to the entire electricity output measured by such meter.
b) For customers entering into the electricity service agreement for non-residential purposes under one electricity meter, the electricity purchaser and the electricity seller shall, based on the actual electricity use, agree on the proportion of electricity output used for each purpose.
c) For urban areas and high-rise apartment buildings where the investor has handed over the apartments to customers but has not completed the procedures for transferring the electricity grid to the distribution and electricity retailer that meets managerial conditions as prescribed: Pending completion of the procedures for transferring the electricity grid and for customers to use electricity, the Power Corporation, Power Company or an authorized entity under Vietnam Electricity (EVN), the investor and the electricity users may agree that the Power Corporation, Power Company or such authorized entity under Vietnam Electricity (EVN) sells electricity to the electricity users by using the investor’s grid infrastructure.  The parties shall, based on the actual electricity use, agree on the proportion of electricity output subject to residential retail electricity sale prices and the proportion of electricity output subject to retail electricity sale prices for non-residential purposes as the basis for tariff application. For electricity used for residential purposes, electricity sale prices shall be applied based on the general quota principle of the electricity purchaser, which equals the quota of each tier multiplied by the number of households using electricity for residential purposes (based on the actual electricity use purpose, the housing purchase contract, the apartment handover minutes, and the residential information of the household at the electricity use location).
4. On the date of electricity sale price adjustment under the Decision on electricity sale prices set by the Ministry of Industry and Trade, the electricity seller shall record the meter readings of all electricity meters operating on the grid, except for residential retail electricity meters.
Recording meter readings of time-of-use meters, dedicated substation meters and main meters selling electricity to electricity retailers must be certified by the representative of the electricity purchaser or a witness, or follow a notification method agreed upon by both parties.
Article 4. Electricity sale prices by voltage level
1. Entities subject to electricity sale prices by voltage level include:
a) Customers using electricity for production, business, and public sector entity activities;
b) Electricity retailers in industrial parks and industrial clusters.
2. Electricity sale prices shall be calculated based on the voltage level at which the metering system is installed.
3. Retail electricity sale prices are prescribed according to the following voltage levels:  high voltage refers to the nominal voltage level above 35 kV (including the voltage levels above 35 kV to below 220 kV and 220 kV); medium voltage refers to the nominal voltage level above 1 kV to 35 kV; low voltage refers to the nominal voltage level up to 1 kV. Customers purchasing electricity at the extra-high voltage level (nominal voltage level above 220 kV) shall apply the electricity sale price at the 220 kV voltage level.
Article 5. Electricity sale prices based on time-of-use in a day
1. The time-of-use periods in a day shall be determined according to peak hours, off-peak hours and standard hours under the Decision promulgated by the Minister of Industry and Trade based on Decision No. 14/2025/QD-TTg. The total hours of electricity use in a day are allocated as follows:
a) Peak hours: 5 hours/day from Monday to Saturday; there are no peak hours on Sundays;
b) Standard hours: 13 hours/day from Monday to Saturday, and 18 hours/day on Sundays;
c) Off-peak hours: 6 hours/day.
2. Resetting the time-of-use settings of the electricity meters, including peak hours, off-peak hours and standard hours, must be completed within 90 days from the date of application of the new time-of-use periods.
Pending completion of resetting the time-of-use settings of electricity meters under the new regulations, the applicable peak hours, off-peak hours and standard hours shall remain those previously in force until completion of the reset.
3. Entities subject to mandatory application of electricity sale prices based on time-of-use (hereinafter referred to as the three-period TOU) include:
a) Electricity purchasers using electricity for production and business purposes who are supplied electricity via dedicated transformers of 25 kVA or above or who have an average electricity consumption for 3 consecutive months of 2,000 kWh/month or above;
b) Electricity retailers in industrial parks and industrial clusters;
c) Entities purchasing electricity for retailing electricity for non-residential purposes at commercial - service - residential complexes.
4. Encouragement shall be given to purchasing electricity under the three-period TOU for electricity purchasers using electricity for production and business purposes who have transformers or electricity output below the level prescribed at Point a Clause 3 of this Article. The electricity seller shall enable and guide the electricity purchaser to have the electricity meter installed to apply the three-period TOU (hereinafter referred to as the time-of-use meter).
5. The electricity seller shall prepare sufficient electricity meters for installation for electricity purchasers subject to the three-period TOU. Where the electricity seller has not yet been able to install the time-of-use meter, the electricity sale price for standard hours shall apply.
6. Where the electricity seller is able to install the time-of-use meter and has given written prior notice to the electricity purchaser subject to mandatory application of the three-period TOU regarding the installation plan, the electricity purchaser shall coordinate with the electricity seller to have the time-of-use meter installed at the earliest time.
Where the electricity purchaser subject to mandatory application of the three-period TOU refuses installation of the time-of-use meter after the electricity seller has given two notices (with certification by the representative of the electricity user according to a method agreed upon by both parties, and with at least 10 days between the two notices), after 15 days from the date of the final notice, the electricity seller shall apply the peak-hour electricity sale price to the entire electricity output consumed by the electricity purchaser until the time-of-use meter is installed.
7. Where the electricity purchaser subject to the three-period TOU shares the same electricity meter with agencies, organizations or individuals not subject to mandatory application of the three-period TOU, the electricity purchaser shall coordinate with the electricity seller to separately install meters for those agencies, organizations and individuals so that they become separate electricity users, enter into electricity purchase and sale contracts directly, and apply sale prices according to the correct user category.
8. Where the electricity purchaser using electricity for production and business purposes is not subject to the three-period TOU under Clause 3 of this Article or falls under Clause 4 of this Article but does not apply the three-period TOU, the electricity sale price for standard hours shall apply.
Article 6. Principles for determining electricity sale prices for electricity retailers and responsibilities for implementation
1. Principles for determining electricity sale prices for electricity retailers:
a) Where the average retail electricity sale price is increased, the electricity sale price for electricity retailers shall be adjusted based on increasing the current deduction level proportionally to the rate of increase of the average retail electricity sale price (%), but must not exceed the planned consumer price index (CPI) increase level set by the National Assembly for the year in which the average retail electricity sale price is adjusted. Where the average retail electricity sale price is adjusted twice or more in a year, the deduction level from the second adjustment onward shall be determined based on the deduction level at the first adjustment of the average retail electricity sale price of that year;
b) Where the average retail electricity sale price is decreased, the electricity sale price for electricity retailers shall be adjusted based on decreasing the current deduction level proportionally to the decrease rate of the average retail electricity sale price (%);
c) For new electricity retailers for whom the current deduction level has not yet been determined, the Ministry of Industry and Trade shall issue a specific deduction level. Pending promulgation of such deduction level, the electricity seller selling to electricity retailers may apply the entire electricity output measured at the main meter according to the retail electricity sale price corresponding to the purpose of use.
2. Electricity retailers in rural areas, housing complexes, residential clusters, commercial - service - residential complexes, markets, industrial parks and industrial clusters must hold an electricity operation license in the field of distribution and retail of electricity granted by a competent authority, except for cases exempted from the electricity operation license as prescribed in Clause 1 Article 33 of the Law on Electricity No. 61/2024/QH15, and shall be responsible for the following: maintaining accounting books as prescribed, in which the electricity retail business must be accounted separately from other business activities; entering into electricity purchase and sale contracts with each electricity user as prescribed in Article 44 of the Law on Electricity No. 61/2024/QH15; installing electricity metering devices for each electricity user as prescribed in Article 56 of the Law on Electricity No. 61/2024/QH15; and issuing electricity invoices in accordance with regulations of the Ministry of Finance for each electricity user according to the payment cycle stipulated in the electricity purchase and sale contract.
3. During implementation, where it is identified that an electricity retailer fails to meet electricity operation conditions or fails to fulfill the responsibilities prescribed in Clause 2 of this Article, the representative of the electricity seller selling to electricity retailers shall report to the local Department of Industry and Trade for handling or for recommendation of handling measures within its competence and in accordance with relevant legislation. Where the electricity retailer does not meet electricity operation conditions as prescribed, the electricity seller selling to electricity retailers may apply the entire electricity output measured at the main meter according to the retail electricity sale price corresponding to the purpose of use.
Chapter II
RETAIL ELECTRICITY SALE PRICES FOR GROUPS OF ELECTRICITY USERS
Article 7. Retail electricity sale prices for production
Retail electricity sale prices for production shall apply to electricity purchasers using electricity for production purposes in the following sectors:
1. Industry;
2. Construction; transport; mining; forestry; fishery;
3. Agriculture: cultivation; irrigation pumping; livestock raising of cattle, fishery and other types of livestock; production of preservation chemicals and disease control chemicals;
4. Clean water production supplying household use, production and business;
5. Production management offices located at the same location as the production area;
6. Warehouses for storing goods (materials, finished products, semi-finished products) during production where the warehouse is located in the production area;
7. Public service product and service providers (for the electricity output used for public service activities), except public lighting activities;
8. Drainage pumping, flood drainage pumping, wastewater treatment stations;
9. Switching centers, transmission networks, receiving and transmitting stations of telecommunications and broadcasting units;
10. Textile facilities, livestock facilities, poultry incubation facilities, milling, ice-making, welding, cutting, woodworking, rice (paddy) drying, post-harvest agricultural product preservation facilities;
11. Printing activities in the processing and manufacturing industry group; printing activities of press agencies, media organizations and publishers;
12. Industrial garment outsourcing; industrial computerized embroidery; industrial laundry; processing of food, agricultural products, forest products and aquatic products;
13. Production of mechanical products; production of products from gold, silver and gemstones; production of computer software and film negatives; production of packaging;
14. Sterilization irradiation;
15. Other production activities.
Article 8. Retail electricity sale prices for public sector entities
1. Retail electricity sale prices for health facilities and educational institutions apply to the following entities:
a) Kindergartens, preschools, general education schools of all levels, continuing education centers (for general education programs), and boarding schools for ethnic minorities;
b) Hospitals (including funeral homes and medical waste incineration facilities located within hospital premises); healthcare facilities (including electricity used for healthcare activities of preventive medicine centers); convalescence facilities, rehabilitation centers, occupational disease treatment facilities; nursing homes, facilities for persons with disabilities, orphanages; drug rehabilitation centers, social labor and education centers; drug rehabilitation counseling offices, HIV/AIDS prevention facilities, family planning facilities; and other facilities performing preventive healthcare activities.
2. Retail electricity sale prices for public lighting and public sector entities apply to the following entities and purposes:
a) Public lighting on streets, parks, alleys; temples, pagodas and churches serving community religious activities; classified historical sites; martyr cemeteries; housing complexes or staircases in housing complexes;
b) Electricity used for common living activities and community activities of residents in high-rise apartment buildings and urban areas; water pumping for domestic use in residential clusters and housing complexes;
c) Electricity used for traffic signal lights (including electricity used for railway crossing guard stations), and traffic cameras;
d) Offices of regulatory agencies; public sector entities; armed forces units; political and socio-political organizations; professional-social organizations;
dd) Embassies, diplomatic missions, representative offices of international organizations (not serving business purposes);
e) Offices of press agencies, sports training centers; radio and television stations; cultural houses, information centers, sports halls; museums, memorial houses, exhibition centers, libraries, funeral homes, crematorium;
g) Units funded by the State budget under fairs, market management boards, guest houses and dormitories of regulatory agencies. Electricity purchasers must provide legal documents on State budget-funded use as the basis for determining the proportionate electricity sale price;
h) Health insurance agencies and social insurance agencies;
i) Research institutions; universities, colleges and vocational schools of all types (public and private), and other educational and training establishments (except for entities specified at Point a Clause 1 of this Article);
k) Central and local press and publication distribution organizations, suppliers of educational equipment and medical equipment, and charitable organizations;
l) Warehouses for national reserves as designated by competent authorities;
m) Social policy banks operating on a non-profit basis; the Vietnam Deposit Insurance;
n) Offices of agencies tasked with managing and operating irrigation works;
o) Offices of project management units of projects using State budget funds.
3. Where regulatory agencies or public sector entities carry out production or business activities, sale prices shall be applied according to the actual purpose of use for the corresponding electricity output used for such activities.
Article 9. Retail electricity sale prices for tourist accommodation establishments
1. Retail electricity sale prices for tourist accommodation establishments apply to electricity purchasers that are tourist accommodation establishments as prescribed by relevant legislation and guidelines of the Ministry of Culture, Sports and Tourism.
2. For tourist accommodation establishments that use part of their electricity for purposes other than tourist accommodation business, including cases where organizations or individuals lease or use part of the premises within the tourist accommodation establishment, the application of electricity sale prices shall comply with Point b Clause 3 Article 3 of this Circular.
Article 10. Retail electricity sale prices for electric vehicle charging
1. Retail electricity sale prices for electric vehicle charging apply to electricity purchasers using electricity for charging stations/posts and battery-swapping cabinets serving the business of electric vehicle charging services for electrically powered transport vehicles, including electric buses, and must have separate electricity meters installed.
2. Where electric vehicle charging is carried out by customers entering into the electricity service agreement for residential purposes, the retail electricity sale price shall be applied in accordance with Point a Clause 3 Article 3 of this Circular.
3. Where electric vehicle charging is carried out by customers entering into the electricity service agreement for non-residential purposes, the retail electricity sale price shall be applied according to each electricity use purpose if a separate electricity meter is installed. Where, due to the grid configuration, a separate electricity meter cannot be installed for electric vehicle charging purposes, the electricity sale price shall be applied in accordance with Point b Clause 3 Article 3 of this Circular.
Article 11. Retail electricity sale prices for other business purposes
Retail electricity sale prices for other business purposes apply to electricity purchasers using electricity for business and service purposes, including:
1. Business and service establishments, supermarkets, fairs, wholesale and retail trading establishments of materials and goods;
2. Monetary, securities and commercial banking establishments, savings funds; entities operating in finance and securities;
3. Business establishments of media, telecommunications and broadcasting entities; establishments operating in information and postal services (except public postal services and compulsory postal services that are public services);
4. Entities operating in lottery business;
5. Insurance organizations (except social insurance and health insurance);
6. Photography shops; business establishments providing discotheque, karaoke and massage services;
7. Restaurants, beverage shops, hairdressing, laundry, tailoring and vehicle washing establishments;
8. Advertising activities of production, business and service establishments;
9. Establishments engaged in repair and refurbishment of automobiles, motorcycles, transport vehicles, consumer goods and household appliances, including welding activities;
10. Guest houses and lodging houses of organizations and individuals, except those that are tourist accommodation establishments as prescribed in Article 9 of this Circular; houses and land leased by electricity purchasers for non-residential electricity use;
11. Ticket offices, cargo handling stations, waiting rooms (including lobby areas), shops and stalls located at airports, railway stations, bus stations and seaports;
12. Toll collection stations and parking lots;
13. Warehouses for goods in transit;
14. Offices and management headquarters of groups, corporations, companies and cooperatives, except for cases using electricity as prescribed in Clause 5 Article 7 of this Circular;
15. Representative offices of business organizations, customer service centers; consulting, surveying and design units; notary offices;
16. Business units operating in culture, arts, physical training and sports, cultural houses, information centers, sports halls, museums and exhibition centers;
17. Sports business establishments;
18. Theaters and performing units; film screening units and cinemas; circuses;
19. Establishments providing centralized data processing, storage and management services;
20. Other business and service types not stipulated in this Article.
Article 12. Residential retail electricity sale prices
1. Residential retail electricity sale prices apply to households using electricity for residential purposes with a direct electricity purchase and sale contract with the electricity seller.  At one electricity use location, each household shall be entitled to one residential electricity consumption quota per month.
2. For residential electricity purchasers with multiple households sharing the same electricity meter (the number of permanent or temporary residents identified according to the residential information of the household at the electricity use location), the electricity sale price for households shall be applied according to the general quota principle of the electricity purchaser, which equals the quota of each tier multiplied by the number of households sharing the electricity meter.
3. Residential electricity purchasers using electricity for collective housing of officials, civil servants, public employees, staff and employees of enterprises, except as prescribed in Clause 4 of this Article; collective housing of religious practitioners; housing for coaches and athletes of sports training centers and sports halls; and dormitories for pupils, students and trainees shall apply as follows:
a) Where the number of persons can be declared, every 4 (four) persons (identified according to the residential information at the electricity use location) shall be counted as one household for applying residential retail electricity sale prices;
b) Where the number of persons cannot be declared, the residential retail electricity sale price of tier 2: from 101 - 200 kWh shall apply to the entire electricity output measured by the electricity meter.
4. Residential electricity purchasers using electricity for collective housing of the armed forces, where a separate electricity meter is installed, shall apply the residential retail electricity sale price of tier 2: from 101 - 200 kWh for the entire electricity output measured by the electricity meter; where a separate electricity meter is not installed, the tariff shall be applied according to the electricity use purpose specified in the electricity purchase and sale contract.
5. Residential electricity purchasers using electricity for tenants’ accommodation shall apply as follows:
a) At each rental property address, the electricity seller shall enter into only one electricity purchase and sale contract. The landlord shall provide the residential information of tenants at the electricity use location;
b) For cases of renting to households: the landlord shall directly enter into the electricity purchase and sale contract or authorize the tenant household to enter into the electricity purchase and sale contract (with a commitment to pay electricity charges), and each tenant household shall be entitled to one quota;
 c) In cases of renting to students and workers (where the tenant is not a household):
- Where the tenant has a lease contract of 12 months or more and has registered temporary or permanent residence (identified according to the residential information at the electricity use location), the landlord shall directly enter into the electricity purchase and sale contract or the tenant’s representative shall enter into the electricity purchase and sale contract (with a commitment to pay electricity charges by the landlord);
- Where the rental term is less than 12 months and the landlord is unable to declare fully the number of electricity users, the residential retail electricity sale price of tier 2: from 101 - 200 kWh shall apply to the entire electricity output measured by the electricity meter;
- Where the landlord can declare fully the number of electricity users, the electricity seller shall be responsible for allocating the quota to the landlord based on the residential information at the electricity use location; every 4 (four) persons shall be counted as one household for applying residential retail electricity sale prices, specifically: 1 (one) person shall be counted as 1/4 of the quota, 2 (two) persons shall be counted as 1/2 of the quota, 3 (three) persons shall be counted as 3/4 of the quota, and 4 (four) persons shall be counted as 1 quota. When there is any change in the number of tenants, the landlord shall notify the electricity seller for adjustment of the quota used for electricity billing;
- Where the tenant does not enter into a direct contract with the electricity seller, the total electricity charges collected from the tenant by the landlord shall not exceed the electricity charges on the monthly electricity invoice issued by the electricity retailer;
- The electricity seller may require the electricity purchaser to provide residential information at the electricity use location as the basis for determining the number of persons used for allocating quotas when calculating the electricity invoice.
6. For customers purchasing electricity through a dedicated transformer for residential purposes, the retail electricity sale price for residential use shall apply.
7. In force majeure events leading to requiring a change in the meter reading date, the electricity consumption of each tier shall be adjusted according to the actual number of days in that meter reading cycle.
8. Where the meter reading date does not coincide with the electricity sale price adjustment date, the electricity charges for residential sale prices shall be calculated as follows:
a) Where data from the remote metering system is available, the electricity seller shall use the remote metering data on the electricity sale price adjustment date to determine the actual electricity output for each period under the old and new electricity sale price. The electricity consumption quota of each residential tier shall be calculated separately for each period based on the actual number of days in that period. The electricity seller shall notify the customer of the meter readings on the electricity sale price adjustment date in the electricity charge notice of the billing cycle in which the adjustment date falls;
b) Where data from the remote metering system is unavailable, the electricity seller shall apply the interpolation method based on the following parameters: actual electricity consumption of the customer in the meter reading cycle; actual number of days of electricity use (number of days between two meter readings, number of days under the old electricity sale price, number of days under the new tariff); consumption of each tier calculated according to the actual number of days between the two meter readings.
9. Where the electricity purchaser declares incorrectly the number of households or the number of electricity users to obtain a higher residential electricity consumption quota than actual, the electricity seller shall be entitled to claim compensation and contractual penalties in accordance with relevant legislation or under the electricity purchase and sale contract.
10. Where the electricity seller allocates to the electricity purchaser a residential electricity consumption quota lower than the quota prescribed, the electricity purchaser shall be entitled to claim compensation and contractual penalties in accordance with relevant legislation or under the electricity purchase and sale contract.
11. Where new electricity supply for residential purposes is provided, or where there is a change of the contracting party, termination of the electricity purchase and sale contract, or a change in the meter reading date as mutually agreed with the electricity user, the electricity consumption of each tier shall be adjusted according to the actual number of days in that meter reading cycle.
Article 13. Electricity sale prices in industrial parks and industrial clusters purchasing electricity from the national power system concurrently with other electricity sources
Electricity retailers in industrial parks and industrial clusters that purchase electricity from the national power system concurrently with other electricity sources (including on-site electricity sources invested by the electricity retailer and on-site electricity sources purchased from another investor) for retailing electricity to electricity users in industrial parks and industrial clusters shall be permitted to develop electricity sale price schemes for users in the area and submit them to the Department of Industry and Trade for appraisal, for the Department of Industry and Trade to submit to the Province-level People’s Committee of the centrally-affiliated city or province for annual approval.
Chapter III
ELECTRICITY SALE PRICES FOR ELECTRICITY RETAILERS
Article 14. Electricity sale prices for rural electricity retailers
1. Electricity sale prices for rural electricity retailers shall apply to rural electricity retailers (except for entities specified in Articles 15, 16, 17 and 18 of this Circular) for electricity output measured and purchased at the main meter installed at the transformer station, regardless of whether the transformer station belongs to the electricity purchaser or the electricity seller.
2. Electricity sale prices for rural electricity retailers for residential purposes:
a) Electricity sale prices for rural electricity retailers for residential purposes shall apply to the electricity output used for residential purposes of households in communes, villages and hamlets where the rural electricity retailer purchases electricity at the main meter installed at the transformer station, regardless of whether the transformer station belongs to the electricity purchaser or the electricity seller, and regardless of the voltage level;
b) The total electricity output for each tier at the main meter used for billing shall equal the quota of each tier multiplied by the number of households purchasing electricity after the main meter (not counting households with zero electricity consumption in the month);
c) The number of households using rural residential electricity after the main meter shall be the number of permanent and temporary households determined according to the residential information at the electricity use location and having electricity consumption in the meter reading cycle, within the electricity supply area of the main meter provided by the electricity retailer and the quota in the electricity purchase and sale contract entered into with the electricity retailer;
d) Electricity billing for rural electricity retailers for residential purposes in the month of the electricity sale price adjustment shall be carried out as follows: electricity output for each tier of the rural residential electricity sale price at old and new price levels shall be calculated according to the daily quota multiplied by the actual number of days before and after the electricity sale price adjustment date. The daily quota of each tier shall equal the quota of each tier divided by the actual number of days in the billing month.
3. Electricity sale prices for electricity retailers using electricity after the main meter for non-residential purposes shall apply to electricity output used for non-residential purposes.
4. The electricity output subject to electricity sale prices for electricity retailers using electricity for non-residential purposes at the main meter shall be determined by multiplying the total commercial electricity output used for non-residential purposes measured at retail meters by a coefficient of 1.1.
5. The electricity output subject to electricity sale prices for electricity retailers using electricity for rural residential purposes shall be calculated by subtracting the electricity output subject to electricity sale prices for non-residential purposes from the total electricity output sold at the main meter.
6. Within 3 days from the meter reading date at the main meter of a billing cycle, the rural electricity retailer shall provide the wholesale electricity seller with:
a) A list of commercial electricity output used for non-residential purposes;
b) The number of residential retail electricity customers after the main meter who have electricity consumption during the month, certified by the legal representative of the electricity retailer;
c) Residential information on the number of households newly added or reduced (if any).
After the deadline under this Clause, if the electricity retailer fails to provide all documents specified at Points a, b and c of this Clause, the electricity seller selling to the electricity retailer shall be permitted to apply the rural residential electricity sale price of tier 3: from 201 - 400 kWh to the entire electricity output at the main meter. The electricity seller shall be permitted to rely on residential information in the national population database to verify and determine the actual number of households using electricity after the main meter.
7. Where transformer stations of agricultural farms or forestry farms in rural areas supply electricity for residential and non-residential purposes, the electricity sale price for electricity retailers using electricity for rural residential purposes shall apply to the entire electricity output measured at the main meter.
Article 15. Electricity sale prices for electricity retailers in housing complexes and residential clusters
1. Electricity sale prices for electricity retailers in housing complexes and residential clusters shall apply to the following entities:
a) Electricity retailers in housing complexes of agencies, companies, enterprises, factories, construction sites, agricultural farms and forestry farms (regardless of the geographical location of the housing complex);
b) Electricity retailers in rural areas purchasing electricity through a main meter installed at the branching point of the low-voltage distribution line;
c) Electricity retailers in residential clusters under wards.
2. Electricity sale prices for electricity retailers using electricity for residential purposes in housing complexes and residential clusters:
a) The total electricity output for each tier at the main meter for electricity sale price calculation shall equal the quota of each tier multiplied by the number of households purchasing electricity after the main meter (not counting households with zero electricity consumption in the month);
b) The number of households using residential electricity in housing complexes and residential clusters after the main meter shall be the number of permanent and temporary households determined according to the residential information at the electricity use location and having electricity consumption in the meter reading cycle within the supply area of the main meter provided by the electricity retailer and the quota in the electricity purchase and sale contract entered into with the electricity retailer;
c) Electricity billing for wholesale residential electricity in housing complexes and residential clusters in the month of electricity sale price adjustment shall be carried out as follows:  electricity output of each tier under old and new sale prices shall be calculated according to the daily quota multiplied by the actual number of days before and after the adjustment date. The daily quota of each tier shall equal the quota of each tier divided by the actual number of days in the billing month.
3. Electricity sale prices for electricity retailers using electricity for non-residential purposes after the main meter for wholesale electricity in housing complexes and residential clusters shall apply to electricity output used for non-residential purposes.
4. The electricity output subject to electricity sale prices for electricity retailers using electricity for non-residential purposes at the main meter shall be determined by multiplying the total commercial electricity output used for non-residential purposes measured at retail meters by a coefficient of 1.1.
5. The electricity output subject to electricity sale prices for electricity retailers using electricity for residential purposes in housing complexes and residential clusters shall be calculated by subtracting the electricity output subject to electricity sale prices for non-residential purposes from the total wholesale electricity output at the main meter.
6. Within 3 days from the meter reading date at the main meter of a billing cycle, the electricity retailer in housing complexes and residential clusters shall provide the wholesale electricity seller with:
a) A list of commercial electricity output used for non-residential purposes;
b) The number of residential retail electricity customers after the main meter who have electricity consumption during the month, certified by the legal representative of the electricity retailer;
c) Residential information on the number of households newly added or reduced (if any).
After the deadline under this Clause, if the electricity retailer fails to provide all documents specified at Points a, b and c of this Clause, the electricity seller selling to the electricity retailer shall be permitted to apply the residential electricity sale price of tier 3: from 201 - 400 kWh to the entire electricity output at the main meter. The electricity seller shall be permitted to rely on residential information in the national population database to verify and determine the actual number of households using electricity after the main meter.
7. In administrative divisions where competent authorities issue decisions converting communes into wards or vice versa, electricity retailers in such areas shall temporarily continue applying the electricity sale price specified for the former area for no more than 12 months from the date of the administrative boundary adjustment decision.  After this period, the electricity retailer must switch to applying the electricity sale price specified for the new area under the decision of the competent authority.
Article 16. Electricity sale prices for electricity retailers in commercial - service - residential complexes
1. Electricity sale prices for electricity retailers in commercial - service - residential complexes shall apply to electricity retailers in apartment buildings; urban areas; commercial centers; and office buildings for lease (regardless of whether the commercial - service - residential complex is located in rural or urban areas).
2. Electricity sale prices for electricity retailers using electricity for residential purposes in commercial - service - residential complexes:
a) Electricity sale prices for electricity retailers using electricity for residential purposes in commercial - service - residential complexes shall apply to the electricity output used for residential purposes of households purchasing electricity from the electricity retailer at the main meter installed at the transformer station, regardless of the voltage level;
b) The total electricity output for each tier at the main meter for billing shall equal the quota of each tier multiplied by the number of households using electricity for residential purposes after the main meter (not counting households with zero electricity consumption in the month);
c) The number of households using electricity for residential purposes in commercial - service - residential complexes after the main meter shall be the number of permanent and temporary households determined according to the residential information at the electricity use location and having electricity consumption in the meter reading cycle within the supply area of the main meter provided by the electricity retailer and the quota in the electricity purchase and sale contract entered into with the electricity retailer;
d) Electricity billing for wholesale residential electricity in commercial - service - residential complexes in the month of electricity sale price adjustment shall be carried out as follows: electricity output of each tier under old and new sale prices shall be calculated according to the daily quota multiplied by the actual number of days before and after the adjustment date. The daily quota of each tier shall equal the quota of each tier divided by the actual number of days in the billing month.
3. Electricity sale prices for electricity retailers using electricity for non-residential purposes in commercial - service - residential complexes shall apply to electricity output used for non-residential purposes, regardless of the voltage level, and shall be applied according to the three-period TOU as prescribed in Article 5 of this Circular.
4. Electricity output calculation at the main meter shall be carried out as follows:
a) The electricity purchaser and the electricity seller shall, based on the actual electricity use, agree on the proportion of electricity output subject to the residential electricity sale price for electricity retailers and the proportion of electricity output subject to the electricity sale price for electricity retailers using electricity for non-residential purposes as the basis for tariff application at the main meter;
b) Where the commercial - service - residential complex has separate electricity meters installed for residential purposes and for other purposes after the main meter, electricity output for residential and non-residential purposes shall be calculated based on the proportions determined from electricity meters installed for each purpose after the main meter;
c) Where the commercial - service - residential complex has no residential purpose, the electricity sale price for electricity retailers using electricity for non-residential purposes shall apply to the entire electricity output measured at the main meter.
5. Within 3 days from the meter reading date at the main meter, the electricity retailer shall provide the wholesale electricity seller with:
a) A list of commercial electricity output used for non-residential purposes;
b) The number of residential retail electricity customers after the main meter who have electricity consumption during the month, certified by the legal representative of the electricity retailer;
c) Residential information on the number of households newly added or reduced (if any).
After the deadline under this Clause, if the electricity retailer fails to provide all documents specified at Points a, b and c of this Clause, the electricity seller selling to the electricity retailer shall be permitted to apply the electricity sale price for non-residential purposes to the entire electricity output at the main meter.  The electricity seller shall be permitted to rely on residential information in the national population database to verify and determine the actual number of households using electricity after the main meter.
6. Where the commercial - service - residential complex has electricity users such as hospitals, kindergartens, preschools, general education schools, public lighting, regulatory agencies and public sector entities, the electricity sale price for electricity retailers at the main meter for the electricity output used by these entities shall not be subject to the three-period TOU and shall be applied as follows:
a) Electricity sale prices for hospitals, kindergartens, preschools, general education schools, public lighting, regulatory agencies and public sector entities shall be applied in accordance with Article 8 of this Circular;
b) The electricity retailer shall coordinate with the wholesale electricity seller to install time-of-use meters to monitor actual electricity output used and perform meter reading for these customers on the same day as the meter reading at the main meter to ensure accurate calculation of electricity output for each electricity use purpose at the main meter.
Article 17. Electricity sale prices for electricity retailers in industrial parks and industrial clusters
1. Electricity sale prices for electricity retailers in industrial parks and industrial clusters for production purposes:
a) Electricity sale prices for electricity retailers at the 110 kV busbar of the 110 kV substation of the industrial park or industrial cluster shall apply where the electricity retailer purchases wholesale electricity at the 110 kV busbar of the industrial park or industrial cluster (110 kV substation invested by the electricity purchaser) for retailing electricity to electricity users within the industrial park or industrial cluster. Electricity sale prices for electricity retailers shall be determined for each 110 kV substation based on the total capacity of the installed 110 kV transformers in the industrial park or industrial cluster;
b) Electricity sale prices for electricity retailers at the medium-voltage busbar of the 110 kV substation or at the branching point of the medium-voltage transmission line into the industrial park or industrial cluster shall apply where the electricity retailer purchases wholesale electricity for retailing electricity to electricity users within the industrial park or industrial cluster at the medium-voltage level;
c) Electricity sale prices for electricity retailers where electricity is sold by the Power Company to the electricity retailer at the medium-voltage side of low-voltage substations shall equal the retail electricity sale price applicable to production sectors at the corresponding medium-voltage level;
d) Electricity sale prices for electricity retailers at the 110 kV busbar of 220 kV substations or at the branching point of the 110 kV distribution line into the industrial park or industrial cluster shall equal the retail electricity sale price at the 110 kV or higher voltage level where the electricity retailer purchases wholesale electricity for retailing electricity to electricity users in the industrial park or industrial cluster at the 110 kV voltage level.
2. Where industrial parks or industrial clusters have electricity users for non-production purposes, electricity sale prices shall be applied according to the corresponding electricity use purpose.  The electricity retailer shall coordinate with the wholesale electricity seller to install electricity meters to monitor actual electricity output used and perform meter reading for these customers on the same day as the meter reading at the main meter to ensure accurate calculation of electricity output for each electricity use purpose at the main meter. Where, due to the grid configuration, a separate electricity meter cannot be installed for purposes other than production, electricity sale prices shall be applied in accordance with Point b Clause 3 Article 3 of this Circular.
Article 18. Electricity sale prices for electricity retailers in markets
1. Electricity sale prices for electricity retailers in markets shall apply to electricity retailers in markets according to the criteria prescribed in Decree No. 60/2024/ND-CP dated June 5, 2024 of the Government on development and management of markets (regardless of the geographical location of the market) or its amending or replacing documents.
2. Electricity retailers in markets shall not be subject to electricity sale prices by voltage level under Article 4 of this Circular and electricity sale prices by time-of-use under Article 5 of this Circular.
Chapter IV
IMPLEMENTATION PROVISIONS
Article 19. Implementation
1. The Electricity Regulatory Authority shall:
a) Submit to the Ministry of Industry and Trade for promulgation Decisions on electricity sale prices applicable to groups of electricity users and to electricity retailers based on Decision No. 14/2025/QD-TTg and other regulations of the Government and the Prime Minister on electricity sale prices; and tariff schedules applicable to groups of electricity users and to electricity retailers upon adjustment of electricity sale prices, using the forms provided in the Appendix enclosed with this Circular;
b) Submit to the Ministry of Industry and Trade for promulgation Decisions on peak hours, off-peak hours and standard hours in accordance with Decision No. 14/2025/QD-TTg;
c) Submit to the Ministry of Industry and Trade for promulgation documents on guidelines for addressing difficulties and issues arising in the course of implementation of electricity sale prices.
2. Specialized industry and trade agencies under the People’s Committees of provinces and centrally-affiliated cities and the People’s Committees of communes, wards and special administrative units under provinces and centrally-affiliated cities shall:
a) The Department of Industry and Trade shall inspect and supervise electricity retailers within its management area in implementing electricity sale prices in accordance with this Circular. Where an electricity retailer is found to fail to meet operation conditions or fails to fully fulfill the responsibilities prescribed in Clause 2 Article 6 of this Circular, the Department of Industry and Trade shall handle or request handling within its competence and in accordance with relevant legislation;
b) The Department of Industry and Trade shall appraise electricity sale price schemes for customers in industrial parks and industrial clusters and submit them to the Province-level People’s Committee of the centrally-affiliated city or province for annual approval in accordance with Article 13 of this Circular;
c) Specialized industry and trade agencies under Commune-level People’s Committees shall perform tasks related to electricity sale prices for students and workers renting accommodation under Circular No. 37/2025/TT-BCT dated June 14, 2025 of the Minister of Industry and Trade providing guidelines on functions, duties and powers of specialized industry and trade agencies under the People’s Committees of provinces, centrally-affiliated cities and the People’s Committees of communes, wards and special administrative units under provinces and centrally-affiliated cities, and its amending, supplementing or replacing documents.
3. Vietnam Electricity (EVN) shall:
a) Annually report to the Electricity Regulatory Authority the structure of electricity output ratio and retail electricity sale prices for each group of electricity users, and projections of the electricity output ratio structure for the following year as a basis for determining retail electricity sale prices for groups of electricity users and electricity sale prices for electricity retailers when electricity sale prices are adjusted;
b) Develop deduction levels for electricity sale prices applicable to new electricity retailers for whom the current deduction level has not yet been determined in accordance with Point c Clause 1 Article 6 of this Circular, and report to the Ministry of Industry and Trade for consideration of amendments and supplements to this Circular.
Article 20. Transitional provisions
1. The provisions of Circular No. 16/2014/TT-BCT dated May 29, 2014 of the Minister of Industry and Trade on electricity sale prices shall continue to apply from the effective date of this Circular until the date of adjustment of the average retail electricity sale price nearest after the effective date of Decision No. 14/2025/QD-TTg, including:
a) Clause 1 Article 5;
b) Clause 10 Article 8;
c) Clause 3 Article 10 (as amended in Clause 3 Article 1 of Circular No. 09/2023/TT-BCT on amendments to a number of articles of Circular No. 16/2014/TT-BCT and Circular No. 25/2018/TT-BCT dated September 12, 2018 of the Minister of Industry and Trade on amendments to a number of articles of Circular No. 16/2014/TT-BCT);
d) Point c Clause 4 Article 10 (as amended in Clause 5 Article 1 of Circular No. 25/2018/TT-BCT and Clause 2 Article 2 of Circular No. 09/2023/TT-BCT);
dd) Clause 6 Article 12 (as amended in Clause 7 Article 1 of Circular No. 09/2023/TT-BCT);
e) Clause 6 Article 13 (as amended in Clause 9 Article 1 of Circular No. 09/2023/TT-BCT).
2. Application of electricity sale prices to rural electricity retailers and electricity retailers in housing complexes and residential clusters that are granted electricity operation licenses before July 1, 2025 shall be as follows:
a) Electricity sale prices shall continue to be applied to electricity retailers according to the area corresponding to the administrative division level before July 1, 2025 until the date of adjustment of the average retail electricity sale price nearest after the effective date of Decision No. 14/2025/QD-TTg;
b) Electricity sale prices for electricity retailers in accordance with Clause 3 of this Article shall be applied for at least 12 months from the date of adjustment of the average retail electricity sale price nearest after the effective date of Decision No. 14/2025/QD-TTg. On the date of the first adjustment of the average retail electricity sale price after expiry of the 12-month period mentioned in this Point, electricity retailers must switch to applying electricity sale prices prescribed for the new area according to administrative division levels in Article 1 of the Law on organization of local government No. 72/2025/QH15 and its amending, supplementing or replacing documents;
c) Where a new electricity operation license is granted, or an existing electricity operation license is amended, supplemented or re-granted from the time of the first adjustment of the average retail electricity sale price after the effective date of Decision No. 14/2025/QD-TTg and the operation scope is narrowed or remains unchanged, Point b of this Clause shall apply;
d) Where a new electricity operation license is granted, or an existing electricity operation license is amended, supplemented or re-granted from the time of the first adjustment of the average retail electricity sale price after the effective date of Decision No. 14/2025/QD-TTg and the operation scope is expanded, the electricity retailer must switch to applying electricity sale prices prescribed for the new area according to administrative division levels in Article 1 of the Law on organization of local government No. 72/2025/QH15 and its amending, supplementing or replacing documents.
3. Application of electricity sale prices to electricity retailers shall be as follows:
a) Sale prices for electricity retailers in wards shall apply to: electricity retailers in housing complexes and residential clusters whose operation scope covers inner urban areas of cities and towns before July 1, 2025 and which are granted electricity operation licenses before July 1, 2025;
b) Sale prices for electricity retailers in communes shall apply to: electricity retailers in housing complexes and residential clusters whose operation scope covers inner urban areas of commune-level towns and district capitals before July 1, 2025 and which are granted electricity operation licenses before July 1, 2025;
c) Sale prices for rural electricity retailers shall apply to: rural electricity retailers that are granted electricity operation licenses before July 1, 2025.
Article 21. Entry into force
1. This Circular comes into force as of December 2, 2025, except for Clause 3 Article 4, Clauses 1 and 2 Article 5, Article 9, Article 10, Clause 10 Article 11, Clause 3 Article 12, Clause 4 Article 12, Point c Clause 5 Article 12, Clause 6 Article 14, Clause 6 Article 15 of this Circular and the Appendix enclosed with this Circular, which come into force from the date of adjustment of the average retail electricity sale price nearest after the effective date of Decision No. 14/2025/QD-TTg.
2. The following provisions cease to be effective from the effective date of this Circular, except for the transitional provisions specified in Article 20 of this Circular:
a) Circular No. 16/2014/TT-BCT dated May 29, 2014 of the Minister of Industry and Trade on electricity sale prices;
b) Circular No. 25/2018/TT-BCT dated September 12, 2018 of the Minister of Industry and Trade on amendments to a number of articles of Circular No. 16/2014/TT-BCT dated May 29, 2014 of the Minister of Industry and Trade on implementation of electricity sale prices;
c) Circular No. 06/2021/TT-BCT dated August 6, 2021 of the Minister of Industry and Trade on amendments to a number of articles of Circular No. 16/2014/TT-BCT dated May 29, 2014 of the Minister of Industry and Trade on implementation of electricity sale prices;
d) Circular No. 09/2023/TT-BCT dated April 21, 2023 of the Minister of Industry and Trade on amendments to a number of articles of Circular No. 16/2014/TT-BCT dated May 29, 2014 of the Minister of Industry and Trade on implementation of electricity sale prices and Circular No. 25/2018/TT-BCT dated September 12, 2018 of the Minister of Industry and Trade on amendments to a number of articles of Circular No. 16/2014/TT-BCT.
3. In the course of implementation of this Circular, if any difficulties or problems arise, relevant entities are requested to report them to the Ministry of Industry and Trade for consideration of appropriate amendments and supplements./.
 


PP. MINISTER
DEPUTY MINISTER
(Signed and sealed)



Nguyen Hoang Long
(This translation is for reference only)



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