Circular 09/2024/TT-BCT guides Vietnam Electricity to calculate the average electricity price according to the provisions of Article 4 of Decision No. 05/2024/QD-TTg dated March 26, 2024, of the Prime Minister regulating the mechanism for adjusting average retail electricity price.
The Circular applies to Vietnam Electricity and its member units, relevant organizations, and individuals.
The annual average electricity price is calculated according to the formula specified in Clause 2, Article 4, Decision No. 05/2024/QD-TTg dated March 26, 2024, of the Prime Minister regulating the mechanism for adjusting the average retail electricity price.
The Electricity Regulatory Authority is assigned to preside over and coordinate with relevant agencies to report to the Minister of Industry and Trade on the examination, review, and supervision of the average electricity price plan developed and adjusted by Vietnam Electricity according to the provisions of Decision No. 05/2024/QD-TTg.
See details of the Circular here