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Sunday, May 12, 2024

Power bills set to fall for rest of 2023

More domestic gas supply and cheaper LNG will help trim generating costs

An electric vehicle is charged at an outlet in Bangkok. (Photo: Pornprom Satrabhaya)

Electricity bills are likely to decline during the last four months of this year, with the power tariff expected to reach 4.30 or 4.40 baht per kilowatt-hour (unit), according to the Energy Policy and Planning Office (Eppo).

Households and businesses will pay 4.70 baht per unit from May 1 to Aug 31, a big drop for businesses from the first four-month cycle of the year but almost unchanged for households.

During the first four months, businesses paid 5.33 baht per unit, up 13% from the previous record high of 4.72 baht, while households paid 4.72…

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