A new proposal from the caretaker cabinet will be submitted to the Election Commission( EC ) for approval of a reduced 10.464 billion baht subsidy for household power bills, or 648 million less than the previous request that the regulator rejected.
The initial plan called for a subsidy of 11.112 billion baht taken from the government’s western fund.
The EC clarified that the supporting document’s failure to explain that concept stemmed from a government quality when it rejected it last week.
The caretaker government yesterday approved a latest proposal for the use of the reduced amount from the central account to subsidise home power bills, according to Anucha Burapachaisri, the government’s acting spokesman.
Prior to the establishment of a new government following the May 14 general election, the custodian cabinet has limited fiscal authority.
The plan includes two steps, according to Mr. Anucha.
For 18.32 million families that use fewer than 300 units per quarter, the active energy payment may be extended for an additional four months until August.
After the Energy Regulatory Commission reduced cost by 7 satang per division for four months, the central bank would be used to draw in 6, 954 million baht, down from the initial proposed 7.602 billion.
The Ft request may be reduced by 1.39 satang per unit for families that use 1 to 150 units per month, resulting in a reduction of 92.04.
The Ft cost may be reduced by 26.39 satang per item for those using 151 to 300 units per month, resulting in a decrease of 67.04 Satang for each item.
For the sole month of May, households with fewer than 500 models may receive a 150 baht reducing under the initial measure.
According to Mr. Anucha, this would require a payment of 3.510 billion ringgit and benefit about 23.4 million residents.
Nevertheless, Prayut Chan-o-cha, the prime minister, stated that the government’s plans to subsidise electricity bills will only be effective as of May.
He stated that the caretake government hoped the EC did approve the revised payment measures by the end of this season’s bill.