Solutions · Commercial · Vietnam

Retail, offices, showrooms, mixed-use. The 3.1× spread is the same.

Behind-the-meter battery storage for commercial-tariff properties. Cut 30–45% of peak electricity costs through off-peak-to-peak arbitrage on Vietnam's 22 kV business tariff — one of the widest retail spreads in Asia.

3.1× spread peak VND 5,025 / off-peak VND 1,609 on 22 kV business (Decision 1279/QĐ-BCT)
Evening-heavy retail, F&B and showrooms run hardest when EVN charges the most (17:30–22:30 Mon–Sat — 5h continuous under Decision 963)
Portfolio-ready one audit, one M&V methodology, one IRR curve across 10, 20, 40+ sites
Try the BESS calculator →
Regulatory update · 22 April 2026

Decision 963/QĐ-BCT just made the BESS case for commercial sites stronger, not weaker.

On 22 April 2026, MOIT restructured Vietnam's time-of-use windows. The evening peak now runs as a single continuous block from 17:30 to 22:30, Monday to Saturday — five hours, 66% wider than the old 17:00–20:00 window. The morning peak (09:30–11:30) was abolished. Tariff levels are unchanged: peak still VND 5,025/kWh, off-peak still VND 1,609/kWh on 22 kV business. The 3.1× spread is intact — the window over which it earns has expanded.

For commercial buildings, the new peak window aligns directly with the hours your sites burn most electricity: offices closing down, retail and F&B in their prime trading slot, showrooms in evening-traffic hours, mixed-use evening occupancy. The hours that just got more expensive for you are the hours your BESS now runs the building from stored energy. Capacity charged at off-peak (00:00–06:00) and discharged across the new 5h evening peak — an arbitrage opportunity that got bigger overnight, on regulation that is in force now.

Why commercial

Three reasons the commercial tariff is BESS's sweet spot.

Scope: this page covers retail, F&B, offices, showrooms, gyms, cinemas, and mixed-use buildings on Vietnam's commercial tariff (kinh doanh). If you're running a hotel, see /solutions/hotels. Manufacturing-tariff sites (factories, production facilities) follow a different logic — see /solutions/factories. Third-party data centres are now classified commercial too but get their own page under /solutions/data-centres.

The tariff spread

3.1× peak to off-peak

Vietnam's commercial tariff at 22 kV (Decision 1279/QĐ-BCT) sets peak electricity at VND 5,025/kWh and off-peak at VND 1,609/kWh. Commercial customers pay roughly 58% more per peak kWh than manufacturers on the same voltage — but the BESS that arbitrages the spread costs the same. Same capex, wider margin, better IRR.

Evening-heavy load

Peak load meets peak tariff

Retail, F&B, showrooms and entertainment venues concentrate load in the 17:00–22:30 window — lining up almost perfectly with Vietnam's peak tariff window under Decision 963/QĐ-BCT (effective 22 April 2026): 17:30–22:30 Mon–Sat, 5 hours continuous. The window is 66% wider than the pre-963 17:00–20:00 peak. These are exactly the hours BESS discharges, and exactly the hours commercial buildings burn most electricity.

Portfolio economics

One audit across 10, 20, 40+ sites

A retail chain or dealership group with 10+ sites gets one audit, one rollout schedule, one M&V contract, and one capex curve. Single-project EPC contractors can't do this efficiently. Pure financiers won't originate and execute. We do both.

Multi-site lens

Running 10+ sites? Start here.

For retail chains, F&B groups, auto dealership networks, and multi-location commercial operators, BESS isn't a per-site capex decision — it's a group-level treasury question. Every site has a different tariff voltage, a different load profile, and different retrofit constraints. What you need is a partner who can rank your portfolio by payback, deploy in phases, and deliver one consolidated M&V report to your CFO.

That's what we do. We audit the portfolio, prioritise by monthly bill size and tariff voltage, and roll out the first four sites within nine months. The rest follow on a predictable schedule. Your group finance team sees one set of IRRs, one capex line-item, and one O&M contract — not twelve procurement exercises running in parallel.

A concrete working example: a 40-site dealership showroom programme across Vietnam. The brief was uniform hardware, uniform contract structure, phased capital deployment, and TOU-arbitrage plus workshop-UPS value stacking. One audit, one specification, one rollout.

Arcus Energy sits between project developers and pure financiers. We originate projects, arrange finance (Zero Capex via third-party investors; Self-Invest via VietinBank, BIDV, Vietcombank and others), and deliver the assets. That combination is what makes a 40-site rollout work on one timetable.

Portfolio rollout — typical first 12 months
M 1 Portfolio audit
M 2–3 Tier 1 site surveys
M 3–4 Financial structuring
M 5–9 Install
Sites 1–4
M 9–12 Install
Sites 5–8
M 12+ Ongoing M&V
Single-site lens

Running a single property? Here's what earns its keep.

The minimum viable single commercial site for BESS economics is roughly a monthly EVN bill above $1,500, load that actually runs during the 17:30–22:30 Mon–Sat peak window (Decision 963/QĐ-BCT), and a 22 kV business tariff connection. Retail chains, restaurants, office buildings, gyms, cinemas, and flagship showrooms typically qualify. Warehouses and back-office-only sites usually don't — their peak-hour load is too low to justify the capex.

Above $2,500/month the economics become genuinely strong. Above $5,000/month BESS is often a clear yes before a site survey even begins. Our full BESS calculator lets you enter your own bill and load profile and get a specific payback in 30 seconds — it's tuned for exactly this commercial-tariff use case, and pulls through to the same Excel model we run for full-site engineering reviews.

Financing

Two financing models. Both fully supported.

We don't push one over the other. The right answer depends on whether your group has capital to deploy, or wants this solved without touching its balance sheet.

01 — Zero Capex

Zero up-front. Monthly savings from day one.

For owners who want the electricity bill solved, not a new asset class to manage.

How it works
  • A third-party investor (infrastructure fund or similar) funds and owns the BESS asset
  • You sign a Power Purchase Agreement or BESS services contract at a discount to your blended grid tariff
  • Arcus Energy develops, builds, and operates on behalf of the investor
  • You pay nothing up front and keep operating savings every month
Who picks this
  • Retail and F&B groups with tight capex approval cycles
  • Companies expanding fast who'd rather deploy capital into new stores, not infrastructure
  • Owners who want the electricity bill solved, not a new asset class to manage
What it costs: A discount of typically 15–25% to your blended commercial grid rate — no other fee. (Commercial tariff's wider spread means Zero Capex discounts run slightly wider than on manufacturing tariff.)
How Zero Capex works →
02 — Self-Invest

Own the asset. Capture the full economics.

For groups with cash on balance sheet looking for infrastructure yield — not a discount.

How it works
  • You or your group fund the capex (all-equity, or with VietinBank, BIDV, Vietcombank debt)
  • Arcus Energy develops, delivers, and commissions; you own the BESS asset from day one
  • Project IRR of roughly 14–18% unlevered, 18–22% levered (50% gearing)
  • All savings flow to you across a 25-year asset life
Who picks this
  • Groups with cash on balance sheet looking for infrastructure yield
  • Retail and dealership groups treating the portfolio as a long-hold asset
  • Family offices and holding companies extending their infrastructure book
What it costs: Installed capex at approximately $190/kWh all-in (April 2026, CFGE supply), plus a development fee at financial close.
How Self-Invest works →

Not sure which fits? Our team will model both against your portfolio and show you the numbers side by side.

Technical

What a commercial-site BESS actually looks like.

For a commercial site on 22 kV business tariff, the BESS is sized to shave the peak tariff window — roughly 5 hours per day, Monday through Saturday. We size the battery power to 80% of the average load during peak hours in the site's lowest-consumption month. Sizing to the lowest month guarantees the battery is fully utilised every month — no oversized capacity sitting idle in low season.

Energy capacity is typically two hours of discharge. For a 300 kW peak load retail flagship or mid-size office, that means roughly 240 kW / 480 kWh — one outdoor liquid-cooled container, connected at low voltage behind the main switchboard.

Our standard supply is CFGE containerised liquid-cooled LFP at 92% depth-of-discharge and 90% round-trip efficiency. Cycle life is 8,000 cycles to 80% SOH — 25+ years of useful life on the cells alone at one cycle/day across the new 5h evening peak (Decision 963/QĐ-BCT, 17:30–22:30 Mon–Sat). The container footprint is roughly one 20-foot shipping container, outdoor-rated, and slots behind the main switchboard with a single connection point.

Multi-site portfolios use identical hardware across every site — which is what makes group-level M&V and warranty tracking work.

Standard supply
CFGE Containerised LFP BESS
ChemistryLFP (LiFePO₄)
CoolingLiquid
DoD92%
Round-trip efficiency90%
Cycle life8,000 to 80% SOH
Container footprint6m × 2.4m × 2.9m
Fire safetyUL 9540A tested
Warranty10 yr / 6,000 cycles
CFGE container photo
— pending supplier permission —
Why act now

Every month of delay costs more than the month before.

Three specific forces are tightening the economics of BESS in Vietnam this year. All three work against the operator who waits.

Lithium prices, reversed

Capex is climbing, not falling.

Battery-grade lithium carbonate nearly doubled between December 2025 and January 2026 — roughly +95% in two months, per Fastmarkets. S&P Global's 2026 outlook forecasts the global lithium surplus narrowing into a deficit, driven by grid-scale storage demand. Cell and system prices have followed upstream costs higher. The "prices fall every year" assumption that held through 2023–24 has reversed. Capex locked in today is cheaper than capex locked in next quarter.

The peak window just widened

5 hours of evening peak, every day Mon–Sat.

On 22 April 2026, MOIT issued Decision 963/QĐ-BCT and restructured Vietnam's time-of-use windows. The evening peak now runs 17:30–22:30 Mon–Sat — five continuous hours, 66% wider than the old 17:00–20:00 window. Tariff levels are unchanged; the 3.1× peak-to-off-peak spread on 22 kV business tariff is intact. The earning window over which a BESS arbitrages that spread has expanded overnight, and the hours that just got more expensive for commercial buildings (offices closing, retail/F&B prime trading, showrooms, mixed-use evening occupancy) are exactly the hours a BESS now runs the building from stored energy. The arbitrage opportunity got bigger, on regulation that is in force now.

The cost of waiting compounds

EVN's peak rate runs whether you install or not.

A retail flagship or mid-size commercial site on 22 kV business tariff typically pays $1,500–$3,000 per month more than it has to, every month a BESS isn't installed. Twelve months of delay on a 10-site portfolio is $180,000–$360,000 of recoverable margin permanently given to EVN. Rising capex on the install side, an evening peak window that just got 66% wider on the operating side — every month of delay is a month of the new wider arbitrage window paid to EVN at full rate. The economics tighten in two directions simultaneously. Nothing about waiting makes the numbers better.

Proof

Active engagement.

Active engagement — multi-site showroom programme

40 showroom sites across Vietnam.

An active multi-site BESS programme across 40 showroom sites in a single phased rollout. The value case stacks two revenue streams: (i) peak/off-peak arbitrage on commercial tariff — VND 5,025/kWh peak, VND 1,609/kWh off-peak, 22 kV — and (ii) workshop UPS reliability during EVN outages, where each minute of workshop downtime has measurable service-revenue cost.

BESS sizing is uniform across sites: CFGE containerised liquid-cooled LFP at 250 kWh per site. Rollout is phased across regional clusters with one consolidated M&V methodology and one capex curve feeding group-level treasury reporting.

Specific IRR and payback figures are portfolio-confidential. Request a portfolio audit for indicative numbers tuned to your own site mix.

Frequently asked

What commercial operators usually want to know.

What size BESS does a commercial site need?

BESS is sized to 80% of the average load during peak tariff hours in the site's lowest-consumption month, with a 2-hour discharge duration. Rule of thumb: approximately 0.15 MWh of BESS capacity per $500 of monthly EVN bill at 22 kV commercial tariff.

A 10-minute load review with our team gives the exact number for your site. Run the full BESS calculator for a 30-second indicative answer.

What's the minimum viable commercial site?

Monthly EVN bill above $1,500 on 22 kV business tariff, with actual load running during the 17:30–22:30 Mon–Sat peak window (Decision 963/QĐ-BCT, effective 22 April 2026). Below that threshold, the capex doesn't earn its keep.

Above $2,500/month the economics become genuinely strong. Above $5,000/month BESS is often a clear yes before a site survey even begins. Retail, F&B, offices, gyms, cinemas and flagship showrooms typically qualify; warehouses and back-office-only sites usually don't.

We're a hotel — does this page apply to us?

Partly. Hotels are also on commercial tariff with the same 3.1× spread, but the hotel page has a mini-calculator tuned to hotel load profiles and hotel-market-specific content (portfolio rollout across resort regions, Pacifico engagement, HorecFex).

If you're a hotel operator, start at /solutions/hotels.

What's the tariff we're arbitraging?

Commercial tariff (kinh doanh), 22 kV, under EVN Decision 1279/QĐ-BCT (effective 10 May 2025): peak VND 5,025/kWh, standard VND 2,887/kWh, off-peak VND 1,609/kWh. Time-of-use windows under Decision 963/QĐ-BCT (effective 22 April 2026): peak 17:30–22:30 Mon–Sat (5 hours continuous, no peak Sunday); off-peak 00:00–06:00 daily; standard the remainder. The 3.1× peak-to-off-peak spread is one of the most favourable retail tariff spreads in Asia.

BESS charges at the off-peak rate and discharges at the peak rate. The arbitrage margin is the revenue.

What happens when the two-component tariff arrives?

The two-part tariff — separating a capacity charge (VND/kW/month) from an energy charge (VND/kWh) — rolls out to manufacturing pilot customers from July 2026 at ≥200,000 kWh/month, ≥22 kV.

Commercial tariff customers (retail, F&B, offices, hotels, showrooms) are not in the pilot. Broader rollout is 2028–2030.

When it does reach commercial customers, BESS becomes more valuable, not less — because shaving peak kW directly cuts the capacity charge, on top of the arbitrage revenue already modelled.

Can we add solar on top?

Sometimes. Most urban retail, office, and showroom properties have limited roof area, multi-tenant complications, or the roof is used for HVAC plant, signage, or advertising. Where roof area is available and single-tenant, rooftop solar is additive — it recovers the daytime standard-rate window and, if paired with BESS, can store solar generation for discharge into the 17:30–22:30 Mon–Sat peak (Decision 963/QĐ-BCT). After Decision 963, solar-plus-BESS is the only path to monetise solar generation against peak tariff — which strengthens the hybrid case where roof access permits.

Factories are where the solar-plus-BESS hybrid case is canonical; commercial sites are BESS-led with solar as an optional overlay.

How long does a portfolio rollout take?

For a single site: 4–6 months from contract signature to commissioning. Grid connection approvals are the long pole, not civil works.

For a 10-site portfolio: first four sites commission in 8–9 months, the rest follow on a predictable schedule. A 40-site rollout typically completes within 24–30 months across regional clusters.

Commercial tariff's arbitrage window is open. Plan the rollout now.

Ten-minute conversation. We'll tell you which of your sites fit, what a phased rollout looks like, and what capex lands at today's supplier pricing — not next quarter's.

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