Using electricity for business or daily life will be more beneficial when electricity prices increase

Thạch Lam |

Business households/business establishments using large electricity during low electricity hours will still be charged low electricity prices.

Who should use electricity for business?

Business electricity is understood as electricity used for business purposes and bringing profit to electricity users. This type of electricity is to serve business organizations and individuals.

According to Article 8 of Circular 16/2014/TT-BTC, retail electricity prices for business purposes are required to be applied to electricity buyers for business purposes, including:

- Service stores, supermarkets, fairs and commercial establishments selling wholesale and retail of materials and goods.

- Monetary and securities business establishments, securities companies, savings funds, commercial banks, financial companies, lottery companies.

- Business establishments of media, television and telecommunications companies; establishments operating in the information and postal sectors (except for general postal services and mandatory postal services which are one of the public services).

- Organize insurance activities, deducting social insurance and health insurance.

- Tourist facilities, nightclubs, karaoke restaurants, massages, photo shops.

- Food stores, beverage stores, laundry stores, hair curlers, car washes, sewing.

- Advertising activities of production, business or service establishments.

- Facilities for repairing and renovating cars, motorbikes, means of transportation, household appliances and consumer goods.

- Motels, guesthouses, hotels of organizations or individuals; houses for rent using electricity other than for living purposes that are signed by the landlord for electricity purchase.

- Ticket sales room, waiting room of the goods, delivery station, sales counter at airports, bus stations, terminals, and ports.

- Traffic toll station and parking lot.

- warehouses during the circulation of goods.

- Office, management headquarters of corporations, general companies, and companies, except for the case of electricity use mentioned in Clause 5, Article 7 of Circular 16/2014/TT-BTC.

- Representative office of a business organization, customer service center; notary office; consulting company.

- The business department of the unit operates in culture, arts, physical education, information, cultural center, gymnasium, exhibition hall, museum.

- Sports facilities.

- Theater, performance company; cinema, chieuing company; circus.

Is it more beneficial to use electricity for business or for household use?

In fact, household electricity is calculated in steps, with many different prices. As for commercial electricity, there is only 1 price for a specific time. Therefore, any business household/business establishment that uses large amounts of electricity during low hours will still be charged low electricity prices.

Therefore, if you are a businessman, you should choose to use electricity for business to save costs for the business establishment.

Thạch Lam
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