Amending and supplementing serveral contents related to the electricity selling price

On 6th August 2021, The Minister of Industry and Trade promulgates Circular No. 06/2021/TT-BCT to amend and supplement some provisions of Circular No. 16/2014/TT-BCT dated 29th May, 2014 of regulations on implementation of the electricity selling price (referred to as Circular No. 06/2021/TT-BCT) with some remarkable contents as follows: 

a. Amendment of contents related to electricity selling price in industrial park to purchase electricity from the national power system simultaneously with other power sources: 

Retailers in the purchase in the industrial park combine electricity from the national power system simultaneously with other power sources (on-site power generalization plants, other on-site power sources such as wind power, solar power,  and biomass power) for retail to customers in industrial park is responsible for constructing the electricity price scheme for electricity-using customers in the area to send to the Department of Industry and Trade for evaluation, and then submit it to the People’s Committees of the provinces for approval annually.

b. Amendment of contents related to wholesale electricity price for industrial park and industrial cluster:

According to the new regulations, the “industrial cluster” is supplemented and applied together with the wholesale electricity price of the industrial park. In addition, Circular 06/2021 supplements regulations on the wholesale price at 110kV busbar of the 220kV substations or branching point of 110kV lines leading to the industrial park, industrial cluster. Accordingly, the wholesale electricity price will be applied equally to the retail electricity price at level 110 Kv and above for the case where the electricity retailer buys wholesale electricity to retail electricity to customers using electricity in the industrial park and industrial cluster at 110 Kv voltage level. 

b. Supplement cases of commercial, service, and domestic complexes with customers using electricity for hospitals, kindergartens, preschool, high schools, public lighting activities, administrative and non-profit organizations

For commercial, service, and domestic complexes with customers using electricity for hospitals, kindergartens, pre-school, high school, public lighting, administrative and non-profit organizations, the wholesale electricity price at the general electric meter for the part of the electricity used by these objects is not in the form of three-rate manner and is regulated as follows:

  • Apply electricity selling price for hospitals, kindergartens, pre-school, high school, public lighting, administrative and non-profit organizations;
  • The electricity retailer is responsible for coordinating with the electricity wholesale to install the three-rate meter to monitor the actual electricity output and record meter readings for customers on the same day as the general electric meter to ensure the accuracy of the amount of electricity to use electricity at the general electric meter. 

Circular No. 06/2021 shall enter into force as of September 25th, 2021.

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