Energy Regulatory Commission (ERC) announced Monday that household electric bills will increase by 5 baht per unit later this year.
According to ERC, the rise in fuel tariff comes from the import price of liquified natural gas (LNG), which has risen to US$30 per million British thermal units (BTU) from $20 per million BTU.
ERC said it is discussing this issue and will announce the FT for the September to December period later this month or in early August.
“The Electricity Generating Authority of Thailand [Egat] is bearing more than 80 billion baht in fuel costs, so ERC may need to reduce this burden by increasing the FT gradually,” ERC said.
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