electricity rates
- 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,…
- Thailand News
Thailand’s energy minister initiates major revamp of energy pricing structure
Pirapan Salirathavibhaga, the Deputy Prime Minister and Energy Minister, pledged to initiate a significant revamp of Thailand’s energy pricing structure, beginning with the removal of refined oil import restrictions. His commitment to this overhaul aims to alleviate the current strain of escalating energy costs on the populace. “I will overhaul the entire system to help ease the current burden of…
- 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
Thai government plans further electricity tariff cut to 3.99 baht per unit
The Thai Energy Ministry has laid out plans to further reduce electricity tariffs by an additional 11 satang per unit, announced government spokesperson Chai Watcharong yesterday. Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga disclosed the plan during the meeting, stating that the current rate of 4.10 baht per unit is set to drop to 3.99 baht. Just last month,…
- 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…
