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Vietnam to lower morning peak-hour power costs by 20 pct   2009-08-24 - Tuoi Tre

 
 
   
Enterprises that operate only during the day will pay 20 percent less than the current power rates for morning peak hours, according to a decision by Prime Minister Nguyen Tan Dung.

The decision will take effect on September 1, applied to companies operating in the daytime and purchasing power at medium voltage levels of 35 kilovolts or less. Companies that also work night shifts are not given any discount.

Commercial power users are currently charged double normal rates between 9:30 a.m. and 11:30 a.m. and between 5 p.m. and 8 p.m.

Before March 1, only power use between 6 p.m. and 10 p.m. was subject to peak rates.

Many businesses had since protested the extension of peak hours, saying the morning period from 9:30 to 11:30 a.m. is a key production period.

The Ministry of Industry and Trade said a survey on the impacts of the extension found that companies operating only during the daytime were most affected by the new pricing policy. They had to pay an average of 17 percent more for power, the ministry said.



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