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Energy Commission lambasted over electricity price increase

Energy Commission lambasted over electricity price increase

23 Sept 05:13 Key points summarised by AI
  • The Federation of Thai Industries (FTI) strongly criticized the Energy Regulatory Commission (ERC) for a 17% electricity price hike, raising it to 4.68 baht per unit for January-April 2024.
  • FTI asserts the ERC lacks vision and strategy for structural reform, acting merely as an agency that recalculates prices based on oil company data without addressing underlying issues.
  • FTI urges the ERC to leverage its resources to lead policy development for energy price control, rather than routinely announcing price increases that necessitate government intervention.
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