lines. (Photo: PEA Facebook account)
The Energy Regulatory Commission (ERC) has approved a cut in the fuel tariff (Ft) by 0.0289 baht per kilowatt-hour (unit), reducing power bills to the lowest rate in two years.
ERC secretary-general Khomgrich Tantravanich said on Wednesday the new Ft rate will reduce the average power tariff, which is used to calculate monthly electricity bills, to 3.57 baht per unit during January to April next year.
The Ft is usually adjusted every four months. Its latest cut, the first deduction in three years since September 2017, will decrease Ft to 0.1911 baht per unit.
ERC has almost 7.2 billion baht left from its Ft rate management this year, so it can proceed with the rate reduction early…
