The Energy Regulatory Commission agreed to reduce the electricity bill for the 3/66 installment to 3.99 baht.

The Energy Regulatory Commission agreed to reduce the FT electricity bill for the September-December 2023 period down to 20.48 satang/unit, making the total average electricity bill 3.99 baht/unit by refraining from paying. Debt cost EGAT and PTT gas payment delay of 9 billion baht, emphasizing that those who have already paid electricity bills for September will receive a discount back for the October billing cycle.

Mr. Khomkrit Tantrawanit Secretary-General of the Energy Regulatory Commission Office (ERC Office), as ERC spokesperson, revealed that after the Cabinet (Cabinet) on September 18, 2023 resolved to approve in principle the measures to reduce the announced electricity rates. Charged to electricity consumers for the period September - December 2023 at a rate of 4.45 baht per unit, reduced to a rate of 3.99 baht per unit by the Ministry of Energy. The Energy Regulatory Commission (ERC) and related state enterprises have accepted and considered the relevant operations correctly, carefully, and in accordance with the procedures of the relevant laws, regulations, criteria, and Cabinet resolutions.

In the Energy Regulatory Commission meeting No. 45/2023 (No. 873) on October 5, 2023, there was a resolution to approve the FT fee collected for the period September - December 2023 as proposed by the licensee, a state enterprise. 20.48 satang per unit Resulting in a total average electricity price of 3.99 baht per unit (not including VAT) according to the Cabinet resolution (from the beginning, the Energy Regulatory Commission had a resolution to charge F at 66.89 satang/unit, and when combined with the base electricity price, the average electricity price was 4.45 baht. /unit)

In this regard, the Office of the Energy Regulatory Commission is in the process of sending a letter to the distribution electricity utilities (EGAT, MEA, and PEA) to announce the new FT value for the period of September - December 2023 by electricity consumers. Those who have already paid for electricity in September 2023 will receive a discount on said electricity bill in this October billing cycle.

A news report from the Ministry of Energy said Reducing the said FT electricity cost As a result, the Electricity Generating Authority of Thailand (EGAT) did not receive a refund from the public from the FT costs given first, both the cost of fuel and the cost of purchasing electricity from the private sector, totaling approximately 150 billion baht, without Receive a refund in this period of approximately 23 billion baht, while PTT Public Company Limited also shares the burden, with EGAT delaying the payment of fuel costs. The cost of natural gas is approximately 9 billion baht.

Source: Thai News Agency