Regulator eyes opinion on new power tariff

Quick Summary:

Businesses and households are being asked to decide whether they want the power tariff, which is used to calculate electricity bills, to remain unchanged or increase by 26-31% early next year, though fuel costs are projected to decrease, says the Energy Regulatory Commission (ERC).

Another portion of electricity bills is to be allocated to Egat and PTT Plc for their sales of natural gas at below-market prices to help cap electricity prices.

The increase results from the need to reimburse the Electricity Generating Authority of Thailand (Egat), which posted huge losses from past electricity price subsidy schemes.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Tariff Power Bills Debt Baht Increase Unit Thailand Egat Electricity Rate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-09 @ 04:45:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23473945

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