Business
Islanders enjoy same power price as mainland counterparts
  • | VNA | June 03, 2014 02:01 PM
Electricity prices in islands have been reduced to the same level as those in the mainland as of June 1.
Illustrative image

Residents in rural and mountainous areas which have not been connected to the national power grid are also entitled to the new adjustment.

Earlier, people living in these areas had to pay much higher prices for electricity, with the prices in islands as high as 10,000 VND per kWh, compared to the average 1,508.85 VND per kWh applied for areas connected to the national grid.

The Government’s price support is aimed at helping improve local living standards, drive economic growth and ensure security.

In addition, welfare beneficiary households of certain categories as stipulated by the Prime Minister also become entitled to the same power subsidy amount as poor families as of June 1.

Families living under poverty line will continue to enjoy subsidy equivalent to the cost of 30 kWh at the lowest level in the electricity price frame.

The Electricity of Vietnam group has been making efforts to expand the national electricity network to remote areas and islands.

On February 2, Phu Quoc Island in southern Kien Giang province was connected to the national electricity grid.

Meanwhile, works are also being stepped up to bring power from the grid to Ly Son Island, the central province of Quang Ngai, early this October.

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