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Wednesday, May 12, 2021

EVN continues reducing electricity prices for pandemic-hit customers

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HCMC – In order to support customers affected by Covid-19, the Vietnam Electricity Group (EVN) will reduce the electricity prices for the second time in 2020 from October to December.

The group had earlier proposed the reduction to the Ministries of Industry and Trade and Finance and the Commission for the Management of State Capital at Enterprises so that these agencies would submit the proposal to the prime minister, the local media reported.

On December 17, the Government issued a resolution on the second reduction of electricity prices. Accordingly, the Ministry of Industry and Trade was asked to coordinate with EVN and other relevant agencies to deploy the resolution.

Specifically, households consuming less than 300 kilowatt hours per month will enjoy a power price cut of 10%.

In addition, lodging facilities and those with storehouses will be entitled to the same electricity prices as manufacturers.

EVN will also directly reduce the electricity prices for facilities serving the Covid-19 prevention and control and buying electricity from EVN’s units.

Quarantine centers that provide treatment for Covid-19 cases are being given free electricity.

Health care facilities that look after Covid-19 patients and suspected cases of infection can enjoy a discount of 20% on their electricity bills.

Earlier, EVN had cut electricity prices by 10% for more than two million manufacturers and businesses as well as 22.8 million households consuming less than 300 kilowatt hours per month from April to June.

With the second electricity price cut, EVN estimated the reduced electricity bills at VND3 trillion. The figure during the first reduction was more than VND9.3 trillion.

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