A decision by an Energy Regulatory Commission (ERC) subcommittee to reduce electricity rates from May to August has been met with reservations from Thai energy activists and politicians, who argue that the move does not address the root cause of expensive power bills.
Yesterday, the subcommittee approved the fuel tariff (Ft) rate adjustment, which considers changes in fuel costs and other variables. The full ERC board will vote on the proposal on Monday, Bangkok Post reports.
The suggested adjustment would lower household electricity bills by 1.5%, decreasing the rate from 4.77 baht to 4.70 baht per kilowatt-hour from May to August. This comes in response to public complaints about soaring electricity bills during the hot summer months.
An anonymous Ministry of Energy source revealed that the ERC panel based its recommendation on a proposal from the Electricity Generating…
