BANGKOK, 1 May 2014 – The country’s fuel tariff or FT charge is set to increase by 10 satang per unit, effective from May until the end of August.
The Energy Regulatory Commission (ERC) has resolved to raise FT charge for electricity by 10 satang per unit. As a result, power consumers will now be charged 3.96 baht per unit of electricity.
According to the ERC, the actual cost of electricity has increased by 13.94 satang per unit which reflects the real fuel cost, but the commission decided to raise the rate by only 10 satang as the remaining amount of 3.94 satang will be shouldered by the Electricity Generating Authority of Thailand. The new price hike will take effect from May until August, 2014.