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Friday, March 29, 2024

Pricey power bills expected to ease

Minister points to LNG price decrease

Mr Supattanapong says electricity bills should decline from May to August as LNG becomes cheaper.

Electricity bills are expected to decline from May to August as the fuel tariff (Ft) dips following a decrease in the price of liquefied natural gas (LNG), says Energy Minister Supattana­pong Punmeechaow.

The Ft is a key component of the power tariff, which has soared since last year, resulting in expensive power bills.

“The new power tariff should not exceed 4.72 baht per kilowatt-hour [unit] for households and 5.33 baht per unit for businesses because LNG prices have eased,” Mr Supattanapong told a seminar entitled “The NEXT Thailand’s Future”.

The two rates are…

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