Fuel tariff to be frozen until AprilThe fuel tariff (Ft) rate will be frozen at 3.64 baht per kilowatt-hour for another four months from January to April next year, marking a 16-month period at the same rate, as the Energy Regulatory Commission (ERC) wants to avoid power prices burdening consumers during a sluggish economy. The ERC approved the continuation of the Ft yesterday, with a planned budget of 6.87 billion baht to manage the Ft rate for four months. "Increasing the Ft rate would affect consumers' power bills and overall domestic demand," said ERC secretary-general Narupat Amornkosit. The power tariff is revised every four months for natural gas, imported coal, bunker oil and diesel. "In addition, the power tariff to sell to the grid is too low at 1.68 baht per unit."

Source: Bangkok Post November 11, 2019 23:54 UTC