This Decision stipulates the price range for the average retail electricity price for the 2016-2020 period, with a minimum level of 1,606.19 VND/kWh and a maximum level of 1,906.42 VND/kWh (excluding value-added tax).
Scope of application
Electricity consumers, Vietnam Electricity Corporation, Ministry of Industry and Trade, Ministry of Finance.
Key points
- Vietnam Electricity Corporation must monitor and report significant changes in the parameters used to calculate the price range for the average retail electricity price (Article 2.3).
- The Ministry of Industry and Trade shall take the lead and coordinate with the Ministry of Finance to adjust the price range if necessary due to significant changes in production and business costs of electricity and requirements for allocating expenses not included in the retail electricity price (Article 2.1).
- The price range for the average retail electricity price for the 2016-2020 period has a minimum level of 1,606.19 VND/kWh and a maximum level of 1,906.42 VND/kWh (Article 1).
- This Decision replaces Decision No. 2165/QD-TTg dated November 11, 2013 of the Prime Minister on the price range for the average retail electricity price for the years 2013-2015 (Article 3.1).
- Ministers, heads of ministerial-level agencies, heads of government-affiliated agencies, Chairpersons of provincial People's Committees under central cities, and heads of electricity units must be responsible for implementing this Decision (Article 3.2).
🌐 Social impact of this document
- Consumers will have a specific price range to predict electricity usage costs during the 2016-2020 period.
- Vietnam Electricity Corporation and related agencies must closely monitor fluctuations in production and business costs of electricity, which may lead to increases or decreases in the retail electricity price.
- Specifying a specific price range helps stabilize the electricity market and create a favorable business environment for electricity suppliers.
❓ Frequently asked questions
What is the price range for the average retail electricity price for the 2016-2020 period?
The minimum level is 1,606.19 VND/kWh and the maximum level is 1,906.42 VND/kWh (excluding value-added tax).
Who is responsible for adjusting the price range for the average retail electricity price?
The Ministry of Industry and Trade leads and coordinates with the Ministry of Finance to adjust the price range when necessary.
Full text
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PRIME MINISTER |
SOCIALIST REPUBLIC OF VIET NAM |
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Number:34/2017/QĐ-TTg |
Hanoi, day25Article 1. This Circular stipulates regulations on receiving citizens, handling and resolving complaints, reports, petitions, and reflections of the Ministry of Information and Communication including: citizen reception work; receipt, handling, and resolution of complaints, reports, petitions, and reflections; ensuring conditions for citizen reception, complaint resolution, petition resolution, reflection resolution; management of complaint and report resolution work and reporting systems.7year 2017 |
Pursuant to …;
ON THE FRAMEWORK OF THE AVERAGE RETAIL ELECTRICITY PRICE LEVEL FOR THE 2016-2020 PERIOD
Pursuant toThe Law on Archives dated November 11, 2011;
cănpursuant to the Electricity Law dated December 3, 2004 and the Law Amending and Supplementing Certain Provisions of the Electricity Law dated November 20, 2012;|||the Price Law dated June 20, 2012;
Camendn cthe resolution of the Minister of Industry and Trade;at the request of the Government, the Prime Minister issues this Decision on the framework of the average retail electricity price level for the 2016-2020 period.
THE3. Thủ trưởng cơ sở khám bệnh, chữa bệnh phải ban hành Quy chế sử dụng chữ ký điện tử và chữ ký số của đơn vị mình trước khi triển khai thực hiện. Trường hợp đặc biệt (như bản cam kết của người bệnh, biểu đồ sinh hiệu, bảng công khai thuốc đầu giường, kết quả xét nghiệm nồng độ cồn), Thủ trưởng cơ sở khám bệnh, chữa bệnh quy định ký trên bản giấy, sau đó số hóa thành bản điện tử đính kèm hồ sơ bệnh án điện tử và phải lưu trữ bản giấy theo quy định.đArticle 4. Agencies and units with headquarters outside the reception locations specified in Clauses 2 and 3 of this Article shall proactively arrange a reception room suitable for the nature and activities of their unit.Article 1. Framework of the average retail electricity price level for the 2016-2020 period
THEThe Minister of Science and Technology issues this Circular on the issuance of "National Technical Regulations on Gasoline, Diesel Fuel and Biofuel"Article 1. ScopeFor power plants invested under the Build-Operate-Transfer (BOT) model, n is determined according to the operational period of the power plant stipulated in the BOT contract.The framework of the average retail electricity price level for the 2016-2020 period (excluding value-added tax) is as follows:1. The minimum average retail electricity price level is 1,606.19 dong/kWh;2. The maximum average retail electricity price level is 1,906.42 dong/kWh.
1. The Ministry of Industry and Trade shall be responsible for leading and coordinating with the Ministry of Finance to calculate and adjust the framework of the average retail electricity price level, and submit it to the Prime Minister for consideration and decision when necessary adjustments to the framework of the average retail electricity price level are required due to significant changes in the calculation parameters, production and business costs of electricity, and the need to allocate expenses not included in the retail electricity price.
2. The Ministry of Finance shall be responsible for coordinating with the Ministry of Industry and Trade in calculating and adjusting the framework of the average retail electricity price level.
3. The Vietnam Electricity Corporation shall be responsible for monitoring and reporting to the Ministry of Industry and Trade and the Ministry of Finance in case of significant changes in the calculation parameters of the average retail electricity price level for the 2016-2020 period, production and business costs of electricity, and the need to allocate expenses not included in the retail electricity price.
1. This Decision takes effect from September 10, 2017. Decision No. 2165/QĐ-TTg dated November 11, 2013 of the Prime Minister on the framework of the average retail electricity price level for the years 2013-2015 shall continue to be applied until this Decision takes effect.
Article 2. Implementation
2. Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairpersons of provincial People's Committees under central cities, heads of power units, and related organizations are responsible for implementing this Decision./.
2. The Ministry of Finance shall be responsible for coordinating with the Ministry of Industry and Trade in calculating and adjusting the framework price range for the average retail electricity price.
3. The Vietnam Electricity Corporation shall be responsible for monitoring and reporting to the Ministry of Industry and Trade and the Ministry of Finance when there are significant changes in the parameters used to calculate the framework price range for the average retail electricity price during the period from 2016 to 2020, production and business costs of electricity, and the need to allocate expenses not yet included in the retail electricity price.
Article 3. Effectiveness
1. This Decision takes effect from September 10, 2017. Decision No. 2165/QD-TTg dated November 11, 2013 of the Prime Minister regarding the framework price range for the average retail electricity price for the years 2013-2015 shall continue to be applied until this Decision comes into force.
2. The Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairpersons of provincial People's Committees under central cities, Heads of power units, and related organizations shall be responsible for implementing this Decision./.
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PRIME MINISTER
(Signed)
Nguyen Xuan Phuc
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