Circular No. 60/2025/TT-BCT stipulates on the implementation of electricity sale prices

CIRCULAR

Regulations on the implementation of electricity selling prices

BASED ON THE ELECTRICITY LAW NO. 61/2024/QH15;

Based on Decree No. 40/2025/NĐ-CP of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Industry and Trade;

Pursuant to Decision No. 14/2025/QĐ-TTg of the Prime Minister stipulating the structure of retail electricity price lists;

At the proposal of the Director of the Electricity Administration;

The Minister of Industry and Trade issues this Circular regulating the implementation of electricity selling prices.

PART I
GENERAL PROVISIONS

Article 1. Scope of Regulation and Applicability

1. This Circular regulates the implementation of retail electricity prices for groups of electricity consumers and electricity selling prices for retail electricity units as provided for in Clause 1, Article 5 of Decision No. 14/2025/QĐ-TTg dated May 29, 2025 of the Prime Minister stipulating the structure of retail electricity price lists.

2. This Circular applies to agencies, organizations, and individuals purchasing electricity from the national power grid in areas connected to the national power grid; in rural, mountainous, border, and island areas not yet connected to the national power grid, and relevant agencies, organizations, and individuals.

Article 2. Interpretation of Terms

Strategic multi-purpose hydropower plant

1. Electricity usage quota for residential purposes is the level of electricity usage at each tier as prescribed in Section 4 of the Appendix issued together with Decision No. 14/2025/QĐ-TTg (hereinafter referred to as the quota).

2. Electricity selling price for retail electricity units is the electricity selling price sold by the Vietnam Power Corporation, Power Company, or authorized unit under the Vietnam Electricity Group to retail electricity units.

3. Information on residence is information determined according to the Law on Residence and detailed regulations promulgated pursuant to the Law on Residence.

Article 3. Application of electricity selling prices

1. Principles for applying electricity selling prices:

a) Electricity selling prices must be applied strictly in accordance with the specified object and purpose of electricity use as stipulated in this Circular;

b) The electricity buyer is responsible for declaring the purpose of electricity use accurately to apply the electricity selling price as stipulated in this Circular;

c) In case there is a change in the purpose of electricity use leading to a change in the applicable price, the electricity buyer must notify the electricity seller 15 days prior to the date of intended change in the purpose of electricity use to negotiate adjustment of the application of prices in the electricity purchase and sale contract in accordance with the actual purpose of electricity use. The electricity seller must verify and promptly apply the electricity selling price in accordance with the specified object and purpose of electricity use as stipulated in this Circular;

d) In case the wrong purpose of electricity use leads to damage to either the buyer or the seller, within 15 days from the date both parties agree to recover or refund the difference in electricity charges, the electricity seller shall be responsible for refunding the buyer or recovering the overcharged electricity charges during the period of incorrect price application. If the two parties cannot clearly determine the time of incorrect price application, the calculation period for recovery or refund of electricity charges will be 12 months from the date of discovery of the incorrect price application. The buyer or seller may request compensation for damages in accordance with relevant laws or the terms agreed upon in the electricity purchase and sale contract.

2. Determination of the purpose of electricity use for pricing must be consistent with the actual purpose of electricity use at the place of use. For purposes other than residential use, the electricity seller shall determine the user based on the following priority order: economic sector code or establishment decision or other legal documents specifying the user's purpose of electricity use. Economic sector code information is recorded in one of the following documents: Business Registration Certificate, Business Operation Registration Certificate, information at the National Enterprise Registration Portal, or business license for conditional business activities as prescribed by law.

3. In cases where the electricity buyer uses electricity for multiple different purposes:

a) For customers who conclude contracts for electricity use for residential purposes through a single meter but also use part of it for non-residential purposes, the residential retail electricity price shall be applied to the entire measured electricity consumption at that meter;

b) For customers who conclude contracts for electricity use for non-residential purposes through a single meter, both the buyer and seller shall base their agreement on the actual situation of electricity use to determine the ratio of electricity consumption for each purpose;

c) For urban areas and high-rise apartments, where the developer has handed over the houses to customers but has not completed the procedures to hand over the power grid to the distribution and retail electricity unit as required: During the waiting period for completion of the power grid transfer procedures and while customers are using electricity, the Vietnam Power Corporation, Power Company, or authorized unit under the Vietnam Electricity Group, the developer, and the electricity users may agree for the Vietnam Power Corporation, Power Company, or authorized unit under the Vietnam Electricity Group to sell electricity to the users by utilizing the developer's power grid infrastructure. Both parties shall base their agreement on the actual situation of electricity use to determine the ratio of electricity consumption subject to residential retail electricity prices and non-residential retail electricity prices as the basis for applying electricity prices. For electricity used for residential purposes, the electricity price shall be applied according to the general quota of the buyer by multiplying the quota of each tier by the number of households using residential electricity (based on the actual purpose of electricity use, house purchase and sale contract, apartment handover record, and household residence information at the place of electricity use).

4. On the day when the electricity price changes as stipulated in the Decision on electricity selling prices issued by the Ministry of Industry and Trade, the electricity seller must finalize the index of all meters currently operating on the grid, except for residential electricity meters.

Finalization of the index of three-tier meters, dedicated substation meters, and total electricity meters supplying retail electricity units must be confirmed by a representative of the electricity buyer or a witness or by a notification method agreed upon by both parties.

Article 4. Electricity Sales Price Based on Voltage Level

1. The objects subject to electricity sales prices based on voltage level include:

a) Customers using electricity for production, business, administrative, and public service purposes;

b) Retail electricity units in industrial zones and clusters.

2. The electricity metering system installed at which voltage level determines the electricity selling price according to the price prescribed at that voltage level.

3. Retail electricity prices are defined according to the following voltage levels: high voltage is the nominal voltage above 35 kV (including voltages above 35 kV up to below 220 kV and 220 kV), medium voltage is the nominal voltage from 1 kV to 35 kV, low voltage is the nominal voltage up to 1 kV. Customers purchasing electricity at ultra-high voltage (nominal voltage above 220 kV) shall be subject to the electricity sales price at the 220 kV voltage level.

Article 5. Electricity Sales Price Based on Time of Day Usage

1. The time of day usage for electricity is determined according to peak hours, off-peak hours, and normal hours as set forth in the Decision issued by the Minister of Industry and Trade based on the provisions of Decision No. 14/2025/QĐ-TTg. The total number of hours of electricity usage per day is allocated as follows:

a) Peak hours: 05 hours/day for weekdays from Monday to Saturday, no peak hours on Sunday;

b) Normal hours: 13 hours/day for weekdays from Monday to Saturday, 18 hours/day on Sunday;

c) Off-peak hours: 06 hours/day.

2. The reprogramming of peak hours, off-peak hours, and normal hours on the meter must be completed within 90 days from the date of implementation of the new peak, off-peak, and normal hours.

During the period when the reprogramming of peak hours, off-peak hours, and normal hours on the meter has not been completed as required, the previous effective peak, off-peak, and normal hours regulations will continue to apply until the reprogramming is completed.

3. The mandatory subjects applying the electricity sales price based on time of day usage (hereinafter referred to as the three-tier pricing system) include:

a) Purchasers of electricity for production and business purposes supplied through dedicated transformers of 25 kVA or more, or with average monthly electricity consumption over three consecutive months of 2,000 kWh/month or more;

b) Retail electricity units in industrial zones and clusters;

c) Units purchasing electricity for retail outside residential purposes in commercial-service-living complexes.

4. It is encouraged for purchasers of electricity for production and business purposes with transformers or electricity consumption below the threshold specified in point a, Clause 3 of this Article to adopt the three-tier pricing system. The seller of electricity is responsible for creating conditions and guiding the purchaser to install meters to apply the three-tier pricing system (hereinafter referred to as three-tier meters).

5. The seller of electricity is responsible for preparing sufficient meters to measure electricity for installation for purchasers who are subject to the three-tier pricing system. In cases where the seller of electricity does not have the conditions to install three-tier meters, the normal hour electricity sales price will be applied.

6. Where the seller of electricity has the conditions to install three-tier meters, and has notified in writing the purchasers who are subject to the mandatory application of the three-tier pricing system about the plan to install three-tier meters, the purchasers are responsible for cooperating with the seller of electricity to install the three-tier meters as soon as possible.

If the purchaser who is subject to the mandatory application of the three-tier pricing system refuses to install the three-tier meter after being notified twice (with confirmation from the representative of the electricity user according to the agreed method between both parties and at least 10 days between the two notifications), then 15 days from the date of the last notification, the seller of electricity may apply the peak hour electricity sales price for the entire electricity consumption of the purchaser until the three-tier meter is installed.

If the purchaser who is subject to the three-tier pricing system has other organizations, institutions, or individuals sharing the meter that are not subject to the mandatory application of the three-tier pricing system, the purchaser must cooperate with the seller of electricity to separate the meters for these organizations, institutions, or individuals as separate electricity users to directly conclude electricity purchase and sale contracts and apply the appropriate pricing based on their usage category.

8. For purchasers of electricity for production and business purposes not falling under the mandatory application of the three-tier pricing system as stipulated in Clause 3 of this Article or under the circumstances specified in Clause 4 of this Article but not adopting the three-tier pricing system, the normal hour electricity sales price will be applied.

Article 6. Principles for determining the retail electricity selling price for electricity retailers and responsibility for implementation

1. Principles for determining the retail electricity selling price for electricity retailers

a) When adjusting the average retail electricity price upwards, the electricity selling price for electricity retailers shall be adjusted based on increasing the current discount rate correspondingly according to the percentage increase in the average retail electricity price but not exceeding the planned consumer price index (CPI) increase set by the National Assembly for the year of the retail electricity price adjustment. In cases where the average retail electricity price is adjusted two or more times in a year, the discount rate from the second adjustment onwards shall be determined by the discount rate at the first price adjustment of the year;

b) When adjusting the average retail electricity price downwards, the electricity selling price for electricity retailers shall be adjusted based on decreasing the current discount rate correspondingly according to the percentage decrease in the average retail electricity price;

c) For new electricity retailers that have not yet determined their current electricity selling price discount rate, the Ministry of Industry and Trade shall issue a specific discount rate. During the period when the Ministry of Industry and Trade has not issued a specific discount rate, the electricity supplier to the retailer may apply the entire measured electricity consumption at the main meter according to the corresponding retail electricity price for the purpose of use.

2. Electricity retailers in rural areas, collective residential areas, community clusters, commercial-service-living complexes, markets, industrial zones, and industrial clusters must have a power operation permit in the distribution and retail sectors issued by the competent authority, except for cases exempted from the power operation permit as stipulated in Clause 1, Article 33 of the Electricity Law No. 61/2024/QH15, and they are responsible for ensuring the implementation of the following contents: maintaining accounting books as prescribed, with the retail electricity business being recorded separately from other business activities; having electricity purchase-sale contracts concluded with each electricity user as prescribed in Article 44 of the Electricity Law No. 61/2024/QH15 and installing electricity measuring devices for each electricity user as prescribed in Article 56 of the Electricity Law No. 61/2024/QH15; issuing electricity bills according to the regulations of the Ministry of Finance for each electricity user according to the payment cycles specified in the electricity purchase-sale contract.

3. During the implementation process, if it is found that an electricity retailer does not meet the conditions for power operations or fails to fully fulfill the responsibilities prescribed in Clause 2 of this Article, the representative of the electricity supplier to the electricity retailers shall report to the Provincial Department of Industry and Trade for handling or propose handling within their authority and in accordance with relevant laws. If an electricity retailer does not meet the conditions for power operations as prescribed, the electricity supplier to the retailer is permitted to apply the entire measured electricity consumption at the main meter according to the corresponding retail electricity price for the purpose of use.

Chapter II
RETAIL ELECTRICITY PRICES FOR GROUPS OF ELECTRICITY USERS

Article 7. Retail electricity prices for production

The retail electricity price for production applies to electricity buyers using electricity for production purposes in the following industries:

1. Industry;

2. Construction; transportation; mining; forestry; fisheries and aquaculture;

3. Agriculture: crop cultivation; irrigation pumping; livestock breeding, fisheries and other types of animal husbandry; production of preservatives and disease control agents;

4. Production of clean water supplied for domestic use, production, and business;

5. Management offices located at the same site as the production area;

6. Warehouses for goods (raw materials, finished products, semi-finished products) during the production process and warehouse locations within the production area;

7. Units producing and supplying public utility products and services (for the portion of electricity used for public utility activities), excluding public lighting activities;

8. Pumping out water, draining floodwater, wastewater treatment plants;

9. Switchboards, transmission networks, receiving and transmitting stations belonging to telecommunications units and television units;

10. Textile weaving facilities, poultry breeding farms, rice milling, ice making, welding, cutting, carpentry, grain drying (rice), post-harvest agricultural product preservation;

11. Printing activities in the processing and manufacturing industry group; printing activities of press, media, and publishing houses;

12. Industrial garment processing; industrial computer embroidery; industrial laundry; food, agricultural, forest, and marine product processing;

13. Mechanical product production; production of gold, silver, and gemstone products; software and film production; packaging production;

14. Radiation sterilization;

15. Other production activities.

Article 8. Retail electricity prices for administrative and public service entities

1. Retail electricity prices for medical examination and treatment facilities and educational institutions shall apply to the following entities:

a) Kindergartens, primary schools, secondary schools, high schools, continuing education centers (for general cultural education), boarding schools for ethnic minorities;

b) Hospitals (including funeral houses and medical waste incineration facilities within hospital premises); medical examination and treatment facilities (including the portion of electricity consumption for medical examination and treatment at preventive healthcare centers); rehabilitation centers, functional recovery centers, occupational disease treatment centers; elderly care centers, disabled care centers, orphanages; drug rehabilitation centers, social labor education centers; offices providing drug rehabilitation counseling, HIV/AIDS prevention, and planned parenthood services; other facilities engaged in preventive healthcare activities.

2. Retail electricity prices for public lighting and administrative and public service units shall apply to the following entities and purposes:

a) Public lighting on streets, parks, alleys; pagodas, temples, churches serving community beliefs; historical sites that have been ranked; martyrs' cemeteries; residential buildings or staircases in residential buildings;

b) Electricity used for common living purposes and community activities for residents in high-rise apartment complexes, urban areas; water pumping for living purposes in residential buildings, clusters of households;

c) Electricity used for traffic signal lights (including electricity used for railway crossing stations), traffic cameras;

d) Offices of state agencies; public service organizations; military forces; political organizations, political-social organizations; professional associations;

e) Embassies, diplomatic missions, representative offices of international organizations (not for business purposes);

f) Offices of press units, sports training centers; radio and television stations, cultural information centers, sports stadiums; museums, memorials, exhibition halls, libraries, crematoriums;

g) Parts funded by the state budget of trade fairs, market management boards, guesthouses, and rest houses under state agencies. The electricity purchaser must provide legal documents regarding the use of state budget funds as the basis for determining pricing according to the ratio;

h) Health insurance agencies, social insurance agencies;

i) Research agencies; universities, colleges, vocational schools of all types of public and private sectors, other educational and training facilities (excluding those specified in point a, Clause 1 of this Article);

j) Agencies and organizations issuing central and local books and newspapers, providing school equipment, medical equipment, charitable organizations;

k) Warehouses designated by competent authorities with national reserve functions;

l) Social policy banks operating non-profit; Vietnam Deposit Insurance Corporation;

m) Offices managing water conservancy works;

n) Project management boards for projects using state budget funds.

3. In cases where state agencies and public service organizations engage in production and business activities, the applicable retail electricity prices shall be based on the actual purpose of use for the corresponding electricity consumption related to these activities.

Article 9. Retail electricity price for tourist accommodation facilities

1. The retail electricity price for tourist accommodation facilities shall apply to the buyer of electricity which is a tourist accommodation facility in accordance with relevant laws and guidance from the Ministry of Culture, Sports and Tourism.

2. For tourist accommodation facilities that use part of the electricity for purposes other than tourism accommodation services, including cases where the premises are rented or used by organizations or individuals at the tourist accommodation facility, the application of the electricity price shall be carried out in accordance with point b, Clause 3, Article 3 of this Circular.

Article 10. Retail electricity price for electric vehicle charging

1. The retail electricity price for the purpose of electric vehicle charging shall apply to the buyer of electricity using electricity for electric vehicle charging stations/poles, battery exchange cabinets serving the business of electric vehicle charging services for transportation vehicles powered by electricity, including electric buses, and must install separate electricity meters.

2. In the case of electric vehicle charging by customers who enter into contracts for electricity use for residential purposes, the retail electricity price shall be applied in accordance with point a, Clause 3, Article 3 of this Circular.

3. In the case of electric vehicle charging by customers who enter into contracts for electricity use outside residential purposes, the retail electricity price shall be applied according to each purpose of electricity use if there is a separate electricity meter installed; in cases where due to the structure of the power grid it is not possible to install a separate electricity meter for electric vehicle charging purposes, the electricity price shall be applied in accordance with point b, Clause 3, Article 3 of this Circular.

Article 11. Retail electricity price for other business purposes

The retail electricity price for other business purposes shall apply to the buyer of electricity using electricity for business and service purposes, including:

1. Business and service establishments, supermarkets, trade fairs, wholesale and retail trading establishments for materials and goods;

2. Financial institutions, securities, commercial banks, savings funds; units operating in the financial and securities sectors;

3. Units engaged in communication, telecommunications, television businesses; units operating in the information and postal sectors (excluding universal postal services and mandatory postal services which are public utilities);

4. Units operating in the lottery sector;

5. Insurance organizations (excluding social insurance and health insurance);

6. Photography shops; entertainment service establishments such as nightclubs, karaoke bars, massage parlors;

7. Food and beverage establishments, hair salons, laundry services, tailoring, car washing;

8. Advertising activities of production, business, and service establishments;

9. Establishments engaged in automobile, motorcycle, transportation equipment, consumer goods, and household appliance repair and refurbishment, including welding operations;

10. Lodging houses and guesthouses of organizations and individuals, excluding those that are tourist accommodation facilities as stipulated in Article 9 of this Circular; premises and land leased by the subject of electricity purchase contracts for use of electricity outside residential purposes;

11. Ticket sales offices, cargo handling stations, waiting rooms (including waiting halls) of stores and counters selling goods at airports, railway stations, bus terminals, ports;

12. Toll collection points, parking lots;

13. Warehouses for goods during circulation;

14. Offices and management headquarters of corporations, holding companies, companies, and cooperatives, excluding cases of electricity use as stipulated 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. Sales departments of units operating in cultural, artistic, sports, information, sports venues, museums, exhibition sectors;

17. Sports business establishments;

18. Theaters, performance units; film screening and cinema units; circus theaters;

19. Units providing centralized data processing, storage, and management services;

20. Other types of business and service activities not specified in this Article.

Article 12. Retail Price of Electricity for Domestic Use

1. The retail price of electricity for domestic use applies to households that have direct contracts with electricity suppliers for their domestic needs. At each electricity usage location, each household is entitled to apply a monthly quota of electricity consumption for domestic use.

2. For electricity buyers who share a meter with multiple households (permanent or temporary residents determined based on residential information at the electricity usage location), the electricity selling price will be applied according to the principle of a common quota for all households sharing the meter, calculated by multiplying the quota of each tier by the number of households sharing the meter.

3. Electricity buyers using electricity for domestic purposes in collective housing for officials, civil servants, employees, workers of enterprises, except as provided in Clause 4 of this Article; houses for religious practitioners; houses for coaches and athletes of sports training centers and sports stadiums; dormitories for students, trainees, and interns shall apply the following:

a) In cases where the number of people can be declared, every 04 (four) people (determined based on residential information at the electricity usage location) shall be considered as one household to apply the retail price of electricity for domestic use;

b) In cases where the number of people cannot be declared, the retail price of electricity for domestic use of Tier 2: from 101 to 200 kWh shall be applied to the entire measured electricity consumption at the meter.

4. Electricity buyers using electricity for domestic purposes in collective housing for armed forces if there is a separate meter for measuring electricity, shall apply the retail price of electricity for domestic use of Tier 2: from 101 to 200 kWh for the entire measured electricity consumption at the meter; in cases without a separate meter for measuring electricity, the electricity selling price shall be applied according to the purpose of electricity use specified in the electricity purchase contract.

5. Electricity buyers using electricity for domestic purposes for rented housing shall apply the following:

a) At each rental address, the electricity supplier shall only conclude one single electricity purchase contract. The landlord has the responsibility to provide residential information at the electricity usage location for the tenant;

b) For cases where a household rents a house: The landlord directly concludes the electricity purchase contract or authorizes the renting household to conclude the electricity purchase contract (with a commitment to pay electricity bills), each renting household is entitled to one quota;

c) For cases where students and workers rent houses (the tenant is not a household):

- For cases where the tenant has a lease agreement of 12 months or more and has registered temporary or permanent residence (determined based on residential information at the electricity usage location), the landlord directly concludes the electricity purchase contract or represents the tenant to conclude the electricity purchase contract (with a commitment to pay electricity bills from the landlord);

- For cases where the lease period is less than 12 months and the landlord cannot fully declare the number of electricity users, the retail price of electricity for domestic use of Tier 2: from 101 to 200 kWh shall be applied to the entire measured electricity consumption at the meter;

- For cases where the landlord can fully declare the number of electricity users, the electricity supplier is responsible for providing quotas to the landlord based on residential information at the electricity usage location; every 04 (four) people shall be considered as one household to calculate the quota for applying the retail price of electricity for domestic use, specifically: 01 (one) person is counted as 1/4 quota, 02 (two) people are counted as 1/2 quota, 03 (three) people are counted as 3/4 quota, 04 (four) people are counted as 01 quota. When there is a change in the number of tenants, the landlord must notify the electricity supplier to adjust the calculation quota for electricity bills;

- For cases where the tenant does not directly conclude a contract with the electricity supplier, the total electricity bill collected by the landlord from the tenant shall not exceed the electricity bill issued monthly by the electricity retailer;

- The electricity supplier may request the electricity buyer to provide residential information at the electricity usage location as the basis for determining the number of people when calculating the electricity bill quota;

6. Customers purchasing electricity through individual transformers for domestic use shall be charged according to the retail price of electricity for domestic use.

7. In cases of force majeure leading to the electricity supplier having to shift the meter reading date, the amount of electricity for each tier shall be adjusted according to the actual number of days in the meter reading period.

8. In cases where the meter reading date does not coincide with the date of electricity price adjustment, the calculation of electricity charges for domestic use shall be carried out as follows:

a) In cases where there is data from remote metering systems, the electricity supplier uses the data from the remote metering system on the date of price adjustment to determine the actual electricity consumption during the periods of old and new prices. The quota of each tier of the electricity price for domestic use is calculated separately for each period of application of the price, based on the actual number of days in that period. The electricity supplier is responsible for notifying the meter reading index on the date of price adjustment to customers in the electricity bill notification of the period with the price adjustment date;

b) In cases where there is no data from remote metering systems, the electricity supplier applies interpolation methods based on the following parameters: the actual electricity consumption of the customer during the meter reading period; the actual number of days of electricity use (number of days between two meter reading periods, number of days of old price application, number of days of new price application); the level of electricity use of each tier calculated based on the actual number of days between two meter reading periods.

9. In cases where the electricity buyer declares incorrectly the number of households or the number of electricity users to obtain a higher quota of electricity consumption for domestic use than actually required, the electricity supplier has the right to demand compensation and penalty for breach of contract according to relevant laws or according to the terms agreed upon in the electricity purchase contract.

10. In cases where the electricity supplier provides a lower quota of electricity consumption for domestic use than stipulated for the electricity buyer, the electricity buyer has the right to demand compensation and penalty for breach of contract according to relevant laws or according to the terms agreed upon in the electricity purchase contract.

11. In cases of new electricity supply for living purposes, changing the subject of the electricity purchase contract, terminating the electricity purchase contract, or changing the meter reading date based on an agreement with the electricity consumer, the level of electricity usage for each tier shall be adjusted according to the actual number of days in the meter reading period.

Article 13. Electricity selling price at industrial zones and clusters purchasing electricity from the national power system simultaneously with other power sources

Retail electricity units at industrial zones and clusters that combine purchasing electricity from the national power system simultaneously with other power sources (including self-invested local power sources and purchased local power sources from other investors) to sell electricity to consumers within these zones are permitted to develop pricing plans for electricity sales to consumers in their areas, which must be reviewed by the Department of Industry and Trade and then submitted by the Department of Industry and Trade to the People's Committee of the province or centrally governed city for annual approval.

Chapter III
ELECTRICITY SELLING PRICE FOR RETAIL ELECTRICITY UNITS

Article 14. Electricity selling price for rural retail electricity units

1. The electricity selling price for rural retail electricity units applies to such units (excluding those specified in Articles 15, 16, 17, and 18 of this Circular) for the measured quantity of electricity purchased at the master meter installed at the transformer station, regardless of whether the transformer station belongs to the electricity buyer or seller.

2. Electricity selling price for rural retail electricity units for living purposes

a) The electricity selling price for rural retail electricity units for living purposes applies to the quantity of electricity used for living purposes by households using electricity in villages and hamlets supplied by rural retail electricity units through the master meter installed at the transformer station, regardless of the transformer station belonging to the electricity buyer or seller, and irrespective of voltage level.

b) The total quantity of electricity for each tier at the master meter for calculating electricity charges is determined by multiplying the quota of each tier by the number of households purchasing electricity after the master meter (excluding households without electricity consumption during the month).

c) The number of rural households using electricity for living purposes after the master meter is the number of permanent and temporary residents identified based on information about residence at the location of electricity use and who have generated electricity consumption during the meter reading period covered by the master meter provided by the retail electricity unit and the quota stipulated in the electricity purchase contract concluded with the retail electricity unit.

d) The calculation of electricity charges sold to rural retail electricity units for living purposes during the month of electricity price adjustment is as follows: the quantity of electricity for each tier under the old and new electricity selling prices for rural retail electricity units for living purposes is calculated based on the daily quota multiplied by the actual number of days before and after the price adjustment in the transition month. The daily quota for each tier is equal to the quantity of electricity for each tier divided by the actual number of days in the calculation month.

3. The electricity selling price for retail electricity units using electricity for other purposes, purchasing electricity after the master meter and selling it to rural retail electricity units, applies to the quantity of electricity used for purposes other than living.

4. The quantity of electricity applying the electricity selling price for retail electricity units using electricity for other purposes at the master meter is determined by multiplying the total quantity of commercial electricity used for other purposes measured at the retail meters by a factor of 1.1.

5. The quantity of electricity applying the electricity selling price for retail electricity units using electricity for rural living purposes is calculated by subtracting the quantity of electricity applying the electricity selling price for retail electricity units using electricity for other purposes from the total quantity of electricity sold at the master meter.

6. Within no more than three days from the meter reading date at the master meter for a payment period, the rural retail electricity unit must provide the bulk electricity supplier with:

a) A list of the quantity of commercial electricity used for other purposes;

b) The number of households purchasing electricity for living purposes after the master meter that have generated electricity consumption during the month and confirmed by the authorized representative of the retail electricity unit;

c) Information about the increase or decrease in the number of households (if any).

Beyond the deadline set forth in this clause, if the retail electricity unit fails to provide all the documents specified in points a, b, and c of this clause, the electricity supplier to the retail electricity unit may apply the electricity selling price for rural living purposes at Tier 3: from 201 to 400 kWh for the entire quantity of electricity at the master meter. The electricity supplier to the retail electricity unit may rely on information about residence in the national population database to verify and determine the actual number of households using electricity after the master meter.

7. In cases where transformer stations of agricultural farms and forest farms in rural areas supply electricity for living purposes and other purposes, the electricity selling price for retail electricity units using electricity for rural living purposes shall apply to the entire measured quantity of electricity at the master meter.

Article 15. Electricity selling price for electricity retailers in collective housing areas and residential clusters electricity for apartment complexes, residential clusters

1. The electricity selling price for electricity retailers supplying collective housing areas and residential clusters shall be applied to the following entities:

a) Electricity retailers in collective housing areas of agencies, companies, factories, plants, construction sites, agricultural farms, and forest farms (regardless of the geographical location of the collective housing area);

b) Electricity retailers in rural areas purchasing electricity through total meters installed at branch points of low-voltage distribution lines;

c) Electricity retailers in residential clusters within wards.

2. Electricity selling price for electricity retailers supplying electricity for residential purposes in collective housing areas and residential clusters

a) The total electricity consumption subject to the electricity selling price for electricity retailers supplying electricity for residential purposes at each tier shall be calculated based on the quota of each tier multiplied by the number of households purchasing electricity after the total meter (excluding households that do not consume electricity during the month);

b) The number of households using electricity for residential purposes in collective housing areas and residential clusters after the total meter is the number of permanent and temporary residents determined according to the residence information at the electricity usage location and who have consumed electricity during the billing period within the supply range of the total meter provided by the electricity retailer and the quota stipulated in the electricity purchase and sale contract concluded with the electricity retailer;

c) Calculation of the wholesale electricity bill for residential purposes in collective housing areas and residential clusters in the month of tariff transition: the electricity consumption of each tier subject to the electricity selling price for electricity retailers supplying electricity for residential purposes in collective housing areas and residential clusters shall be calculated based on the old and new prices according to the daily quota multiplied by the actual number of days before and after the price adjustment in the transition month. The daily quota of each tier equals the consumption of each tier divided by the actual number of days in the calculation month.

3. The electricity selling price for electricity retailers purchasing electricity after the total meter for uses other than residential purposes in collective housing areas and residential clusters shall apply to the amount of electricity used for non-residential purposes.

4. The quantity of electricity applying the electricity selling price for retail electricity units using electricity for other purposes at the master meter is determined by multiplying the total quantity of commercial electricity used for other purposes measured at the retail meters by a factor of 1.1.

5. The total electricity consumption subject to the electricity selling price for electricity retailers supplying electricity for residential purposes in collective housing areas and residential clusters shall be calculated as the total wholesale electricity consumption at the total meter minus the electricity consumption subject to the electricity selling price for electricity retailers supplying electricity for other purposes.

6. Within a period not exceeding three days from the date of recording the index at the total meter of a billing period, electricity retailers in collective housing areas and residential clusters must provide the wholesale electricity supplier with the documents specified in Points a, b, and c of this Clause.

a) A list of the quantity of commercial electricity used for other purposes;

b) The number of households purchasing electricity for living purposes after the master meter that have generated electricity consumption during the month and confirmed by the authorized representative of the retail electricity unit;

c) Information about the increase or decrease in the number of households (if any).

Beyond the time limit prescribed in this Clause, if the electricity retailer does not provide all the documents specified in Points a, b, and c of this Clause, the electricity supplier to the electricity retailer may apply the electricity selling price for residential purposes in collective housing areas and residential clusters at Tier 3: from 201 to 400 kWh for the entire electricity consumption at the total meter. The electricity supplier to the electricity retailer may rely on resident information in the national population database to verify and determine the actual number of households using electricity after the total meter.

7. In administrative units where there is a decision by the competent authority to transfer from commune to ward or vice versa, electricity retailers in these areas may temporarily continue to apply the electricity pricing schedule for the previous area for a period not exceeding twelve months from the date of the administrative boundary adjustment decision. After this period, the electricity retailer must switch to applying the electricity selling price for the new area as stipulated by the competent authority's decision.

Article 16. Electricity selling price for retail units using electricity for commercial-service-residential complexes electricity usage for commercial-service-residential complexes

1. The electricity selling price for retail units using electricity for commercial-service-residential complexes shall be applied to retail units supplying electricity in apartment buildings; urban areas; shopping centers; office buildings for rent (regardless of the geographical location of the commercial-service-residential complex in rural or urban areas).

2. The selling price of electricity for retail electricity suppliers used for the residential purposes of commercial-service-residential complexes

2. Electricity selling price for retail units using electricity for residential purposes of commercial-service-residential complexes

a) The electricity selling price for retail units using electricity for residential purposes of commercial-service-residential complexes shall be applied to the amount of electricity used for residential purposes by households supplied with electricity by the retail unit from the total meter installed at the substation, regardless of voltage level.

b) The total electricity consumption at each tier of the total meter for calculating electricity charges is determined by multiplying the quota of each tier by the number of households using electricity for residential purposes after the total meter (excluding households that do not consume electricity during the month).

c) The number of households using electricity for residential purposes of commercial-service-residential complexes after the total meter is the number of permanent and temporary residents determined based on information about residence at the place of electricity usage and having consumed electricity during the billing period within the supply range of the total meter provided by the retail unit and the quota stipulated in the power purchase and sale contract concluded with the retail unit.

d) The calculation of wholesale electricity charges for residential purposes of commercial-service-residential complexes in the month of electricity price adjustment is as follows: the electricity consumption of each tier of the electricity selling price for retail units using electricity for residential purposes is calculated according to the daily quota multiplied by the actual number of days before and after the price adjustment in the adjustment month. The daily quota of each tier is equal to the consumption of each tier divided by the actual number of days in the calculation month.

4. The calculation of electricity consumption at the master meter is carried out as follows:

3. The electricity selling price for retail units using electricity for other purposes of commercial-service-residential complexes shall be applied to the amount of electricity used outside residential purposes, regardless of voltage level, and shall be applied according to the three-tier pricing form prescribed in Article 5 of this Circular.

b) In the case where a commercial-service-residential complex installs separate meters for residential purposes and other purposes after the master meter, the calculation of electricity consumption for residential purposes and other purposes shall be based on the ratio determined according to the meters installed for each purpose after the master meter;

4. The calculation of electricity consumption at the total meter shall be carried out as follows:

a) Both parties purchasing and selling electricity shall base their agreement on the actual electricity usage situation to determine the ratio of electricity consumption subject to the electricity selling price for retail units using electricity for residential purposes and the electricity consumption subject to the electricity selling price for retail units using electricity for other purposes as the basis for applying electricity prices at the total meter.

b) In cases where the commercial-service-residential complex has installed separate meters for measuring electricity for residential purposes and other purposes after the total meter, the calculation of electricity consumption for residential purposes and other purposes shall be based on the ratio of electricity consumption determined according to the meters measuring for these purposes after the total meter.

b) The number of households purchasing electricity for living purposes after the master meter that have generated electricity consumption during the month and confirmed by the authorized representative of the retail electricity unit;

c) Information about the increase or decrease in the number of households (if any).

c) In cases where the commercial-service-residential complex does not have residential purposes, the electricity selling price for retail units using electricity for other purposes shall be applied to the entire electricity consumption measured at the total meter.

5. Within no more than three days from the date of recording the index at the total meter, the retail unit must provide the wholesaler with:

a) A list of electricity consumption for other purposes.

If the retail unit fails to provide the required documents within the time limit specified in this clause, the wholesaler may apply the electricity selling price for other purposes to the entire electricity consumption at the total meter. The wholesaler may rely on resident information in the national population database to verify and determine the actual number of households using electricity after the total meter.

Article 17. Electricity selling price for electricity retailers at industrial zones and clusters

1. Electricity selling price for electricity retailers at industrial zones and clusters serving production purposes

a) The electricity selling price for electricity retailers at the 110 kV busbar of the 110 kV substation in industrial zones and clusters applies to cases where electricity retailers purchase wholesale electricity at the 110 kV busbar of industrial zones and clusters (the 110 kV substation invested by the buyer) to sell retail electricity to electricity users within industrial zones and clusters. The electricity selling price for electricity retailers applied to each 110 kV substation is determined based on the total capacity of the 110 kV transformers installed in industrial zones and clusters;

b) The electricity selling price for electricity retailers at the medium voltage busbar of the 110 kV substation or at the branch point of the medium voltage line entering industrial zones and clusters applies to cases where electricity retailers purchase wholesale electricity to sell retail electricity to electricity users within industrial zones and clusters at the medium voltage level;

c) The electricity selling price for electricity retailers sold by the Power Company to electricity retailers at the medium voltage level of low voltage substations shall be applied at the retail electricity price applicable to production industries at the corresponding medium voltage level;

d) The electricity selling price for electricity retailers at the 110 kV busbar of the 220 kV substation or at the branch point of the 110 kV line entering industrial zones and clusters applies at the retail electricity price at the 110 kV level or higher for cases where electricity retailers purchase wholesale electricity to sell retail electricity to electricity users within industrial zones and clusters at the 110 kV voltage level.

2. In cases where industrial zones and clusters have electricity users outside production purposes, the retail electricity price shall be applied according to the corresponding purpose of electricity use. Electricity retailers are responsible for coordinating with wholesale electricity providers to install meters to monitor actual electricity consumption and record meter readings for customers on the same day as the meter readings at the main meter to ensure accurate calculation of electricity consumption for different purposes at the main meter. In cases where the power grid structure does not allow installation of separate meters for purposes other than production purposes, the electricity selling price shall be applied as prescribed in Point b Clause 3 Article 3 of this Circular.

Article 18. Electricity selling price for electricity retailers supplying markets

1. The electricity selling price for electricity retailers supplying markets shall be applied to electricity retailers at markets based on criteria specified in Decree No. 60/2024/NĐ-CP dated June 5, 2024 of the Government on market development and management (irrespective of the geographical location of the market) or any subsequent amendments, supplements, or replacements thereof.

2. Electricity retailers at markets are not subject to the electricity selling price based on voltage levels as stipulated in Article 4 of this Circular or the electricity selling price based on time-of-use as stipulated in Article 5 of this Circular.

Chapter IV
IMPLEMENTING PROVISIONS

Article 19. Implementation

1. The Electricity Regulatory Authority is responsible for:

a) Submitting to the Ministry of Industry and Trade for issuance of a Decision specifying the electricity selling prices applicable to various groups of electricity consumers and electricity retailers based on Decision No. 14/2025/QĐ-TTg and other government regulations on electricity pricing, including the electricity selling price forms applicable to various groups of electricity consumers and electricity retailers when adjusting electricity selling prices according to the model attached to this Circular;

b) Submitting to the Ministry of Industry and Trade for issuance of a Decision regarding peak hours, off-peak hours, and normal hours as stipulated in Decision No. 14/2025/QĐ-TTg;

c) Submitting to the Ministry of Industry and Trade for issuance of guidance documents to resolve issues arising during the implementation of electricity selling prices.

2. Departments of Industry and Trade under provincial People's Committees directly under the Central Government and commune-level People's Committees directly under provincial People's Committees are responsible for:

a) The Department of Industry and Trade is responsible for inspecting and supervising electricity retailers within their jurisdiction in implementing electricity selling prices as stipulated in this Circular. In case of discovering that electricity retailers do not meet operating conditions or fail to fulfill responsibilities as stipulated in Clause 2 Article 6 of this Circular, the Department of Industry and Trade shall take action or recommend action within its authority and in accordance with relevant laws;

b) The Department of Industry and Trade is responsible for reviewing proposals on electricity selling prices for customers in industrial zones and clusters to submit to provincial People's Committees for annual approval as stipulated in Article 13 of this Circular;

c) Industrial and Trade Departments under commune-level People's Committees shall perform tasks related to electricity selling prices for students and workers renting houses as stipulated in Circular No. 37/2025/TT-BCT dated June 14, 2025 of the Minister of Industry and Trade guiding the functions, duties, and powers of Industrial and Trade Departments under provincial People's Committees directly under the Central Government and commune-level People's Committees directly under provincial People's Committees or any subsequent amendments, supplements, or replacements thereof.

3. The Vietnam Electricity Group shall have the responsibility:

a) Reporting to the Electricity Regulatory Authority the proportionate structure of electricity consumption and retail electricity prices for each group of electricity consumers annually and the projected proportionate structure of electricity consumption for the next year's group of electricity consumers as a basis for determining retail electricity prices for groups of electricity consumers and electricity selling prices for electricity retailers when implementing price adjustments;

b) Establishing the discount rate for new electricity retailers who have not yet determined the current discount rate according to Point c Clause 1 Article 6 of this Circular, reporting to the Ministry of Industry and Trade for consideration to amend and supplement this Circular.

Article 20. Transitional Provisions

1. Provisions of Circular No. 16/2014/TT-BCT dated May 29, 2014 of the Minister of Industry and Trade on electricity selling prices shall continue to apply from the date this Circular takes effect until the date of the most recent adjustment of the average retail electricity price, which occurs after the effective date of Decision No. 14/2025/QĐ-TTg, including:

a) Clause 1 Article 5;

b) Clause 10 Article 8;

c) Clause 3 Article 10 (amended pursuant to Clause 3 Article 1 of Circular No. 09/2023/TT-BCT amending and supplementing certain provisions of Circular No. 16/2014/TT-BCT and Circular No. 25/2018/TT-BCT dated September 12, 2018 issued by the Minister of Industry and Trade to amend and supplement certain provisions of Circular No. 16/2014/TT-BCT);

d) Point c Clause 4 Article 10 (amended pursuant to Clause 5 Article 1 of Circular No. 25/2018/TT-BCT and Clause 2 Article 2 of Circular No. 09/2023/TT-BCT);

đ) Clause 6 Article 12 (amended pursuant to Clause 7 Article 1 of Circular No. 09/2023/TT-BCT);

e) Clause 6 Article 13 (amended pursuant to Clause 9 Article 1 of Circular No. 09/2023/TT-BCT).

2. The application of electricity selling prices for rural retail electricity units, collective residential area retail electricity units, and community residential area retail electricity units that have been granted licenses to operate before July 1, 2025 shall be as follows:

a) Continue applying electricity selling prices for retail electricity units according to the corresponding administrative level region prior to July 1, 2025 until the date of implementing the nearest adjustment of the average retail electricity price after Decision No. 14/2025/QĐ-TTg takes effect;

b) Be allowed to apply electricity selling prices for retail electricity units according to the provisions of Clause 3 of this Article for a minimum period of 12 months from the date of implementing the nearest adjustment of the average retail electricity price after Decision No. 14/2025/QĐ-TTg takes effect. On the date of the first adjustment of the average retail electricity price after the expiration of the 12-month period mentioned herein, the retail electricity unit must switch to applying the new electricity selling price regulations for the new administrative level region as stipulated in Article 1 of Law on Organization of Local Administration No. 72/2025/QH15 or any subsequent amendments, supplements, or replacements thereof;

c) In cases where a new license, amended and supplemented license, or renewed license for electricity operation is granted from the time of the first adjustment of the average retail electricity price after Decision No. 14/2025/QĐ-TTg takes effect, and the scope of operation is reduced or unchanged, the provisions of point b of this clause shall apply;

d) In cases where a new license, amended and supplemented license, or renewed license for electricity operation is granted from the time of the first adjustment of the average retail electricity price after Decision No. 14/2025/QĐ-TTg takes effect, and the scope of operation is expanded, the retail electricity unit must switch to applying the new electricity selling price regulations for the new administrative level region as stipulated in Article 1 of Law on Organization of Local Administration No. 72/2025/QH15 or any subsequent amendments, supplements, or replacements thereof.

3. The application of electricity selling prices for retail electricity units shall be as follows:

a) The price for retail electricity units at the ward level shall be applied to: collective residential area and community residential area retail electricity units with an operational scope within the urban area of cities and districts before July 1, 2025 for retail electricity units that have been granted licenses to operate before July 1, 2025;

b) The price for retail electricity units at the commune level shall be applied to: collective residential area and community residential area retail electricity units with an operational scope within the urban area of towns and district centers before July 1, 2025 for retail electricity units that have been granted licenses to operate before July 1, 2025;

c) The price for rural retail electricity units shall be applied to: rural retail electricity units that have been granted licenses to operate before July 1, 2025.

Article 21. Effective Date

1. This Circular shall take effect from December 2, 2025, except for the provisions of Clause 3 Article 4, Clause 1 and Clause 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, and Clause 6 Article 15 of this Circular and the attached Appendix which shall take effect from the date of implementing the nearest adjustment of the average retail electricity price after Decision No. 14/2025/QĐ-TTg takes effect.

2. The following provisions shall cease to be effective from the date this Circular takes effect, except for the transitional provisions stipulated in Article 20 of this Circular:

a) Circular No. 16/2014/TT-BCT dated May 29, 2014 issued by the Minister of Industry and Trade on electricity selling prices;

b) Circular No. 25/2018/TT-BCT dated September 12, 2018 issued by the Minister of Industry and Trade amending and supplementing certain provisions of Circular No. 16/2014/TT-BCT dated May 29, 2014 issued by the Minister of Industry and Trade on the implementation of electricity selling prices;

c) Circular No. 06/2021/TT-BCT dated August 6, 2021 issued by the Minister of Industry and Trade amending and supplementing certain provisions of Circular No. 16/2014/TT-BCT dated May 29, 2014 issued by the Minister of Industry and Trade on the implementation of electricity selling prices;

d) Circular No. 09/2023/TT-BCT dated April 21, 2023 issued by the Minister of Industry and Trade amending and supplementing certain provisions of Circular No. 16/2014/TT-BCT dated May 29, 2014 issued by the Minister of Industry and Trade on the implementation of electricity selling prices and Circular No. 25/2018/TT-BCT dated September 12, 2018 issued by the Minister of Industry and Trade amending and supplementing certain provisions of Circular No. 16/2014/TT-BCT.

3. During the implementation of this Circular, if there are any difficulties, the relevant units are requested to report to the Ministry of Industry and Trade for review and appropriate amendment and supplementation.

ANNEX

ELECTRICITY SELLING PRICE CHART APPLICABLE TO GROUPS OF CUSTOMERS USING ELECTRICITY AND RETAIL ELECTRICITY UNITS

(Annexed to Circular No. 60/2025/TT-BCT dated December 2, 2025 issued by the Minister of Industry and Trade)Customer Group

(*) Apply for a period of three years from the date the retail electricity pricing structure according to Decision No. 14/2025/QĐ-TTg is implemented in practice as stipulated in Clause 1, Article 7 of Decision No. 14/2025/QĐ-TTg. In case the three-year period expires without a new retail electricity pricing structure issued by the competent authority, the current regulations on the retail electricity pricing structure for electric vehicle charging will continue to apply.

(**) The electricity selling price for electricity retailers licensed to operate before July 1, 2025 shall be applied with specific terms and conditions regarding the issuance of the license to operate electricity as stipulated in Clause 2, Article 20 of this Circular. On the date of the first adjustment of the average retail electricity price after the twelve-month period specified in point b, Clause 2, Article 20 of this Circular, the pricing structure in Section 6.2 shall no longer be applicable.