Electricity bills for businesses are likely to become less expensive around mid-year as factors that earlier drove up energy costs are losing steam, says the Federation of Thai Industries (FTI).
The prospect of a new fuel tariff (Ft) was greatly anticipated during an informal meeting held on Tuesday by representatives from the Joint Standing Committee on Commerce, Industry and Banking and state energy agencies.
“A new Ft rate to be enforced between May and August tends to get lower, causing no further impact on businesses and households,” said Isares Rattanadilok na Phuket, vice-chairman of the FTI.
The Energy Regulatory Commission (ERC) decided to increase the power tariff, which was driven by the higher Ft, by 13% to 5.33 baht per kilowatt-hour (unit), up from a record high of 4.72 baht per unit for businesses, and decided to maintain the power tariff at 4.72…
