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Sunday, April 28, 2024

Manufacturers urged to adopt renewables

Transition could help ease production costs

High-voltage electricity cables operated by Pathum Thani Provincial Electricity Authority. The new power tariff is effective as of January to April this year. Pattanapong Hirunard

Higher power bills will be a key factor awakening businesses in the manufacturing sector to a need to seriously adopt renewable energy to relieve an increase in their production costs, estimated at 4.88% on average, says the Industry Ministry.

The Energy Regulatory Commission can only slightly reduce a planned increase in the power tariff, which is used to calculate electricity bills, from 20.5% to 13%, although the business sector demanded a larger reduction in order that they…

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