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Thursday, May 2, 2024

Power tariff cut to B3.99 approved

10% reduction helps consumers but no solution yet for paying down Egat debt from subsidies

The Energy Regulatory Commission (ERC) on Thursday resolved to cut power tariffs to 3.99 baht per unit (kilowatt/hour), from 4.45 baht, from this month to December.

The resolution, announced by ERC secretary-general Khomgrich Tantravanich, is in line with Prime Minister Srettha Thavisin’s policy to keep power tariffs below 4 baht per unit to cut the costs of businesses and households to stimulate the economy.

Officials have yet to work out solutions to help the Electricity Generating Authority of Thailand (Egat), which is subsidising power tariffs. The state…

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