PUBLISHED : 11 Jan 2024 at 10:41
The government’s Energy Regulatory Commission (ERC) has capped the power tariff at 4.18 baht per unit from January to April this year, with the rate for low consumption set at 3.99 baht, according to the government.
Deputy government spokeswoman Rudklao Intawong Suwankiri said on Thursday that despite the recent surge in gas prices, the Electricity Generating Authority of Thailand (Egat) and national oil and gas conglomerate PTT Plc cooperated well with the policy of the Energy Ministry to control the power tariff.
The government has also subsidised power tariffs for households consuming no more than 300 units per month. Their electricity fee would then remain at 3.99 baht per unit until April. The subsidy would benefit about 17.7 million households, Ms Rudklao said.
The ERC said earlier that it planned to raise the power tariff to 4.68 baht for the January-April period because of a projected increase in fuel costs and the need to reimburse the state-operated Egat.
Egat shouldered huge losses after it subsidised electricity bills between September 2021 and May 2023, under a government programme to ease the impact of higher fuel prices on households and businesses.