Author Topic: ERC cuts electricity tariff by 7.7%  (Read 762 times)

Offline thaiga

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ERC cuts electricity tariff by 7.7%
« on: April 22, 2016, 11:56:12 AM »
ERC cuts electricity tariff by 7.7%

The fuel tariff (Ft) in monthly electricity bills from May to August will be trimmed by 28.49 satang a kilowatt-hour (unit) or 7.7% because of a decline in power-generating costs, says the Energy Regulatory Commission.

Viraphol Jirapraditkul, an ERC member and spokesman, said Wednesday regulators had approved an average electricity rate of 3.42 baht per unit, down from 3.70 baht.

The latest cut in the FT charges is the sixth in a row and the lowest since the tariff rate base was used as a formula for calculating electricity bills in 1992.

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