Global Electricity Prices Are Soaring: What Should Vietnamese Households & Businesses Do Today?

The latest update (September 11, 2025) from Globalpetrolprices (GPP), summarized by Vietnam Energy Journal, shows that the global average electricity price in Q2/2025 reached 0.165 USD/kWh for households (~4,537 VND/kWh) and 0.161 USD/kWh for businesses (~4,252 VND/kWh). Compared to Q1/2025, global electricity prices rose by +4.49% for households and +3.19% for businesses. Europe has become the “hot spot” (0.245 USD/kWh for households), while Asia maintains lower levels (0.084 USD/kWh). Vietnam is currently in the group of countries with low electricity prices: about 0.078 USD/kWh for households and 0.077 USD/kWh for businesses — equivalent to ~1,970 VND/kWh (based on the 25,252 VND/USD exchange rate). However, low prices do not mean long-term safety. Investments in new power sources and grids, dependence on imported coal and LNG, and the Net Zero 2050 roadmap will inevitably drive prices upward.

Core message: Global electricity prices are rising, and Vietnam cannot stand aside. The sooner you lock in your energy costs, the safer you are.

Current Timing: Seasonal Patterns in Two Regions & Implications for Solar Power

Northern Vietnam (September): Transition from summer to autumn. Temperatures are milder, but noon remains hot, with air conditioning and cooling devices still in use. Solar radiation is stable, especially on south- or southwest-facing rooftops — an ideal moment to kick off rooftop solar systems before the lower sunlight of winter.

Southern Vietnam (September): Rainy season, but strong sunlight still alternates with rain. Annual solar irradiation remains high and will rise further from November as the dry season begins. This is a “golden investment window”: installing now allows households and businesses to capture peak output in Q4 and Q1, while immediately reducing electricity costs from cooling, water pumps, elevators, and refrigeration systems. Seasonal conclusion: Now is the right time to act. The North can harness autumn sunlight; the South can prepare for the dry season. Early investment ensures 20 years of savings across the system’s lifecycle.

SolarBK Solutions: “Lock” Energy Costs & Stay Ahead of Price Volatility

1) SolarBK ESCO Model – Save up to 60% (*)

• No upfront investment required: SolarBK covers design, installation, and operation.
• Customers pay service fees based on consumption and save up to 60% compared to pre-installation electricity demand (*).
• Suitable for factories, office buildings, logistics centers, shopping malls, schools, and hospitals.
• (*) Actual savings depend on load profile, operating hours, rooftop area, equipment quality, and specific technical design.

2) BigK Rooftop Solar – For Households & SMEs

• Operates in parallel with the national grid, prioritizing solar power first.
• Cuts electricity bills by 30–50% monthly (depending on capacity & usage habits).
• No land use required — leverages existing rooftops; increases property value while reducing carbon emissions.

3) Ready for Smart Energy Integration

Depending on customer needs, SolarBK integrates storage (BESS), IoT monitoring, and data analytics to optimize load profiles and reduce peak demand — highly effective during hot seasons.
The “Immediate Savings” Equation (Quick Example)

A household consuming 400 kWh/month:

• Current (Vietnam): ~1,970 VND/kWh ⇒ ~788,000 VND/month.
• If prices align with the global average (4,537 VND/kWh): ~1,815,000 VND/month.

 → Difference: ~1,027,000 VND/month (~12.3 million VND/year).

Solution: A 3–5 kWp BigK rooftop system can cut bills by 30–50%. With the ESCO model for commercial buildings or factories, savings reach up to 60% — locking in costs before price hikes hit.

(Figures are illustrative. SolarBK provides free surveys to design customized technical and financial plans for each customer.)

5 Tips for Using Electricity Efficiently (to Maximize Savings with Solar)

• Choose devices based on actual needs; prioritize those with energy-efficiency labels (more stars = more savings). Replace incandescent bulbs with LED.
• Set air conditioners at ≥25°C, clean every 3–6 months; use inverter technology for cooling appliances.
• Install and maintain equipment correctly to ensure optimal efficiency; avoid “losses” due to poor installation.
• Optimize habits: turn off unused devices; use timers; batch laundry loads; iron clothes smartly.
• Invest in solar water heaters and rooftop solar systems: safe, quick payback (2–3 years), lifespan 10–20 years.

Why Act Now?

GPP data confirms the upward trend in global electricity prices — Vietnam is unlikely to remain immune. Seasonal conditions are favorable in both regions: the North harnesses autumn sun, the South gears up for the dry season.

Investing now not only locks in costs before further hikes but also ensures maximum benefits from upcoming peak sunlight periods. Contact SolarBK – Free Survey & Proposal

• Load, rooftop, and solar radiation survey at your location.
• Tailored technical proposals, ESCO or direct-purchase models, with cash flow and ROI illustration.
• Consulting on storage, IoT, and smart energy management as needed.

SolarBK – Clean Energy + Smart Technology, helping you save 30–60% on electricity costs and stay proactive against all price fluctuations.