Govt to subsidise electricity fuel component tariff

The mascot of the Metropolitan Electricity Authority demonstrates the use of a prepaid electricity voucher machine. (Bangkok Post file photo)
The mascot of the Metropolitan Electrical power Authority demonstrates the use of a prepaid electricity voucher machine. (Bangkok Blog post file photo)

The government offers decided to subsidise the particular fuel tariff (Ft) component of electricity bills for the three months September-December, once the cost is set to increase, government spokesman Thanakorn Wangboonkongchana said.

Mr Thanakorn said the government on Monday had talks with the Energy Ministry and the Energy Regulating Commission on ways to cushion the effect of higher power expenses on the public.

The conference agreed there may not be a power cost increase this month.

When it comes to period September-December, it had been agreed to subsidise the particular Ft component within electricity bills, to ease the impact of power price rises on households and vulnerable groups.

Details would be finalised and a proposal sent to cabinet for consideration, this individual said.

Mr Thanakorn mentioned the prime minister got also asked that agencies look into methods for reducing power intake.