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Households, businesses to pay more for electricity from September as FT rate raised

Households, businesses to pay more for electricity from September as FT rate raised

13 Sept 08:16 Key points summarised by AI
  • Thailand's Energy Regulatory Commission (ERC) raised the fuel tariff (FT) for electricity by 68.66 satang per unit for September through December, increasing the average rate to 4.72 baht per unit.
  • This adjustment is crucial to ease the 83 billion baht financial burden on the Electricity Generating Authority of Thailand (EGAT), which has absorbed rising production costs.
  • The primary reason for the FT increase is the nation's heightened reliance on expensive liquefied natural gas (LNG) from the spot market, replacing depleting domestic and Myanmar gas supplies.
  • All electricity consumers, including 22.5 million households, will face higher bills; for instance, those using less than 150 units will see their monthly cost rise from roughly 264 baht to 313 baht.
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