BANGKOK, April 21 (TNA) – A sub-committee of the Energy Regulatory Commission (ERC) is expected to cut the fuel tariff for electricity bills from May to Aug 2023 in its meeting today.
The fuel tariff reduction will be in line with the Electricity Generating Authority of Thailand (EGAT)’s proposal on moratorium of debt repayment from two years to two years and four months.
The decision will reduce the power tariff from 4.77 to 4.70 baht kilowatt hour per unit for the electricity bills during May – Aug 2023.
The ERC will convene a special meeting on Monday to review the power tariff on Monday before it will make an announcement.
Power consumption in Thailand has increased during the hot summer months when people use air conditions to cool them down. Electricity demand reached a peak of 32,323.7 megawatt at 20.50 pm on April 20. (TNA)