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Thursday, June 30, 2022

Thailand energy bills are expected to rise in May

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Thailand energy bills are expected to rise in May

Thailand’s Energy Regulation Commission has decided to increase the fuel tariff (FT) included in electricity tariffs by three months, from May to August.

ERC spokesman Khunkrit Tantrawanich said today that the increase was mainly due to the impact of the Russian war on Ukraine.

The conflict has led to a surge in global gas and oil prices. Accordingly, the FT would rise 0.2338 baht to 1.2991 baht per unit from May to August, he said.

This would increase the cost of electricity to four baht per kilowatt-hour, he said.

An additional factor behind the increase was the declining supply of natural gas from the Gulf of Thailand, Khun Khomkrit said.

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