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Tuesday, May 14, 2024

Behind the power tariff decision

Lower gas prices, higher domestic supply, public input and feedback from Egat all factored in to the regulator’s decision

An electric substation at sunset. Currently households and businesses pay 4.7 baht per unit as a power tariff. The rate is applicable from May to August.

A lower power tariff scheduled to take effect from Sept 1 not only means cheaper electricity bills for households and businesses during the last four months of this year, but also helps the debt-ridden Electricity Generating Authority of Thailand (Egat) with its plan to settle its debt.

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