The electricity bill for a Thai resident. The cabinet approved a plan to reduce the power tariff to 3.99 baht per kilowatt-hour after its meeting on Sept 18. (Photo: Varuth Hirunyatheb)
The Srettha Thavisin cabinet quickly approved a plan to reduce the power tariff at its first meeting earlier this month in a bid to reduce electricity bills.
The new tariff rate of 3.99 baht per kilowatt-hour (unit) replaces 4.45 baht a unit, applicable between September and December this year.
If the government wants to ease electricity prices for a longer period, it may need to change the Thai energy price structure.
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