electricity prices

Update news electricity prices

Electricity rate cuts provide relief but challenge future investments

Lower electricity bills are a welcome relief for many households and businesses, but the power sector needs capital to fund infrastructure investments and meet growing demand in the coming years.

Time-of-use electricity rates: Why most households can't avoid peak prices

Time-of-use (TOU) electricity pricing for peak and off-peak hours encourages residents to shift part of their power consumption to lower-cost time slots.

Vietnam cuts electricity prices by 2% from November 1

Vietnam has reduced its average retail electricity price by 2% to VND2,159.9037 (approximately US$0.083) per kWh from November 1, marking the first price cut after more than three years of consecutive increases.

Ministries clash over proposals to split power transmission from EVN

The separation of distribution from retail operations within regional Power Corporations would proceed gradually, aligned with specific development phases of the competitive retail power market, according to the Ministry of Finance.

Peak-hour power-tariff debate: economic necessity or public fairness

The Ministry of Industry and Trade's proposal to apply electricity tariffs based on peak and off-peak hours for certain households has sparked widespread debate.