Thailand regulator plans to lift fuel tariff to 0.94 baht per kWh from September, pushing power bills higher
Thailand's ERC proposes a near fivefold increase in the fuel tariff (Ft) from 0.16 to 0.94 baht/kWh from September, citing an 8% rise in Pool Gas prices and plans to reimburse EGAT for 31.2bn baht of subsidy-related costs. Higher utility bills can tighten household and business cash flows and highlight upstream fuel-cost pressures, keeping attention on regional natural-gas pricing and energy inflation.
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Thailand’s Energy Regulatory Commission (ERC) has proposed raising the fuel tariff (Ft) to 0.94 baht per kilowatthour from 0.16 baht per kilowatthour, a near fivefold increase that would lift overall electricity prices. The new rate is slated to take effect from September, while the current 3.95 baht per unit tariff will remain through the end of August. The ERC cited an 8% increase in the projected Pool Gas price to 375 baht/mmBtu and the need to gradually repay the Electricity Generating Authority of Thailand (EGAT) for 31.2 billion baht in subsidy-related debt. Public consultation is open until July 20.