The Federation of Thai Industries (FTI) remains hopeful a last-minute cut to the new power tariff, slated to take effect in less than two weeks, can help businesses and households cope with energy bills as authorities meet on Friday to review the rate.
The FTI views this as a “crucial decision” by the Prayut Chan-o-cha government to reduce the rate of 4.77 baht per kilowatt-hour (unit), proposed by the Energy Regulatory Commission (ERC), said Isares Rattanadilok na Phuket, vice-chairman of the FTI.
The ERC previously announced both businesses and households would pay the same tariff rate of 4.77 baht per unit between May and August.
The current power tariff rates, applicable from January to April, are 5.33 baht per unit for businesses, up 13% from the previous record high of 4.72 baht per unit, and 4.72 baht per unit for households.
The Joint Standing Committee on…
