On 12th, September 2018, the Ministry of Finance issued Circular No.25/2018/TT-BTC guiding the determination of electricity prices for rented house service business unit. This Circular takes effect from 26th, October 2018.
Accordingly, in determining the retail price of electricity for students, laborers when renting house has many changes, specifically as follows:
Abolishing the regulation that homeowner can be take charged of electricity renter house according to the electricity bill every month plus 10% for power losses, lighting costs, and general water pumping.
Instead, the homeowner will declare and notify the number of electricity user to the electricity seller in order to determine the retail price of electricity. The determination base on the principle that four people is calculated as a household using electricity, one person is a ¼ unit, two is ½ unit, three is ¾ unit, four is a household using electricity.
In case of changing in the number of electricity users, the lessor shall notify the electricity seller to adjust the electricity charge. If the homeowner cannot register the full number of users of electricity, the electricity price will be applied to the third level with 1450 VND/ kWh.
Besides, this circular regulate that electrical sellers have verifying rights and require proving the temporary register for the month to determine the number of persons to calculate the norm when calculating the electricity bill.
Thus, with the issuance of Circular No. 25/2018/TT-BTC, the determination of electricity prices for students and labors has been tighten, attached to the responsibility of the landlord and guaranteed through inspection activities for the unit selling electricity contribute limited restriction that the tenant must use electricity at a price higher than the regulations of the State.