electricity rates
- Thailand News
Thailand freezes electricity prices to save consumers
To alleviate financial pressure on its citizens, the Thai government confirmed it will maintain the current cap on electricity prices at 4.18 baht per unit and diesel prices at 33 baht per litre until the end of the year. This announcement came from Energy Minister Pirapan Salirathavibhaga following a recent Cabinet meeting. Minister Pirapan assured the public that a special…
- Thailand News
Shocking hike: Thai industries spark concern over electricity rates
Thailand’s plan to hike electricity rates later this year could deter foreign direct investment, warned the Federation of Thai Industries (FTI). The alert followed the Energy Regulatory Commission’s (ERC) announcement on Friday, indicating an imminent rise in power bills for both businesses and households. The ERC has proposed three new power tariff options, featuring increases from 11% to 44% above…
- Thailand News
Thailand households cut cooling costs with aircon and fan trick
In the grip of summer heat, Thailand households are finding that using air conditioning is a necessity rather than a luxury. However, the spike in electricity bills at the end of the month has many looking for cost-effective ways to stay cool. A recent experiment by the YouTube channel CLEAR ENERGY sparked significant interest, offering insight into which is more…
- Thailand News
Thai government delays decision on electricity price reduction
Prime Minister Srettha Thavisin revealed that the Cabinet has not yet agreed to reduce electricity charges. Pointing out that Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga is not ready to present the numbers to reduce electricity charges by no more than 4.20 baht (US$0.12). He requested more time at 10.10am today, at the Government House. Before the Cabinet meeting,…
- Business News
PTT helps Thai government lower power tariffs using contract breach fine
PTT Plc, Thailand’s national oil and gas conglomerate, is slated to assist the government in lowering the power tariff in the early part of next year. This is to be achieved through the utilisation of 4.3 billion baht (US$124) from a fine imposed on its gas supplier for a breach of contract, according to an energy official. An inside source…
- Thailand News
NEPC plans to cap power tariff for Thai households at current rate
The National Energy Policy Council (NEPC), in its recent meeting, moved to limit the power tariff for households consuming not more than 300 units a month at the existing rate of 3.99 baht per unit, an insider familiar with the meeting discussions revealed. In the NEPC meeting, led by Prime Minister Srettha Thavisin, two main points were reviewed, both related…
- Thailand News
Thailand’s electricity rate of 4.68 baht only a suggestion, says Energy Ministry
The suggested electricity rate of 4.68 baht per unit is merely a proposal, confirmed Energy Ministry spokesperson Pongsapol Yodmuangcharoen today. Emphasising that the final price falls under the purview of the Energy Ministry and is overseen by Energy Minister Peeraphan Salirathaviphak, Pongsapol assured that it won’t be fixed at this figure. He further confirmed that consumers will not face an…
- Thailand News
Consumer groups challenge proposed electricity tariff rise
Consumer advocacy groups have opposed the proposed increase in electricity tariffs and have asked the Energy Regulatory Commission (ERC) to review all data used to calculate the Fuel Adjustment Charge (Ft) to ensure fairness to the public. According to Prasart Meetem, the Chair of the Committee on Public Services, Energy and Environment of the Consumer Council, the estimated Ft charge…
- Thailand News
Faulty transformer rattles Thai woman with massive electricity bill
A Thai woman was blown away by an astronomical increase in her electricity bill, with charges skyrocketing from an average of 60 baht per month to an outrageous 11,357.47 baht. This occurred due to what inspection personnel from the local electricity authority would later uncover as a faulty transformer in her fruit garden. Umaphon Tedduang revealed her dilemma via a…
- Thailand News
Government confirms 4-month electricity discount for users below 300 units
The Thai government confirmed a four-month electricity discount from May to August this year. This relief measure aims to alleviate energy price hardship for users who consume no more than 300 units per month, with an additional 150 baht rebate per household in May for those using no more than 500 units. Anucha Burapachaisr, deputy presidential secretary on political affairs,…
- Economy News
Thai activists say new electricity rates won’t solve root causes of high prices
A decision by an Energy Regulatory Commission (ERC) subcommittee to reduce electricity rates from May to August has been met with reservations from Thai energy activists and politicians, who argue that the move does not address the root cause of expensive power bills. Yesterday, the subcommittee approved the fuel tariff (Ft) rate adjustment, which considers changes in fuel costs and…
