Understanding Average residential ESS price per 150MW in Vietnam
Discover how much electricity is in Vietnam, exploring costs, tariffs, and the impact on daily life in this vibrant Southeast Asian country.
Discover how much electricity is in Vietnam, exploring costs, tariffs, and the impact on daily life in this vibrant Southeast Asian country.
As of 2023, the average electricity price in Vietnam is approximately 1,900 VND per kWh, a figure that reflects ongoing adjustments in the energy market. The state-owned utility company, Electricity of Vietnam (EVN), primarily sets these tariffs. The costs can vary based on several factors.
The residential electricity price in Vietnam is VND 1,956.000 per kWh or USD 0.074. The electricity price for businesses is VND 1,993.200 kWh or USD 0.076. These retail prices were collected in December 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
In May 2025, and Vietnam’s average electricity price per kWH was set at VND 2,204.07 or about US $0.084, excluding value-added tax (VAT), per Decision 599/QD-EVN. This was an increase from an average electricity price per kWH of VND 2,103.1159 or about US $0.0836, excluding value-added tax (VAT).
Vietnam’s latest retail electricity pricing framework introduces an average rate ranging from VND 1,826.22 to VND 2,444.09 per kilowatt-hour (roughly up to USD 0.10 per kWh). The new cap provides more structure and transparency for households and businesses while ensuring the energy market can.
State utility Vietnam Electricity (EVN) on Friday increased the average retail price by 4.8% to VND2,103.1 (8.5 U.S. cents) per kWh, not including value-added tax (VAT), with immediate effect. In a statement on the same day, EVN said the move complies with regulations introduced by the Prime.
Effective October 11, 2024, the national utility, EVN, has raised the average retail electricity price by 4.8%. This translates to a new rate of VNĐ2,103.1159 per kilowatt-hour, excluding Value Added Tax, up from the previous VNĐ2,006.79. You might want to ask? View more Vietnamese households and.
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