Rooftop Solar Power Systems Sold at a Price of 1,943 VND/kWh

14:01, 10/07/2024

This is a notable provision outlined in Decision 13/2020/QD-TTg on the mechanism for encouraging the development of solar power in Vietnam.

To be specific, according to this Decision, rooftop solar power systems are permitted to sell a portion or the entirety of the generated electricity to the Buyer, which is the Vietnam Electricity Group, or to another organization or individual in the case of not using the Vietnam Electricity Group's grid, at the selling price of VND 1,943/kWh equivalent to 8.38 US cents/kWh.

This electricity purchase price does not include value-added tax and is adjusted according to the fluctuations of the exchange rate of the Vietnamese dong to the US dollar (calculated equivalently in US cents/kWh). The exchange rate applied is the central exchange rate of the Vietnamese dong to the US dollar as announced by the State Bank of Vietnam on the last day of the previous year to calculate the payable electricity bill for the following year.

For details, see Decision 13/2020/QD-TTg, which takes effect from May 22, 2020.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email [email protected]