Without financial aid in the next Ft adjustment, the power tariff will soar to 4.4 baht per unit.
Thais face pricier electricity bills, with the power tariff increasing to a record high of 4.4 baht per kilowatt-hour (unit) between September and December, says the Energy Regulatory Commission (ERC).
The higher power tariff, which is made up of the base tariff and fuel tariff, or Ft, results mainly from a need to import more liquefied natural gas (LNG), which is costly but currently serves as a key fuel for electricity generation.
The base tariff refers to the cost of power plants and distribution systems, while the Ft is mainly determined by fuel costs, which are increasing as the Russia-Ukraine war continues.
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