EGAT plans to raise Ft charge in May

Published on April 23, 2012 by TFP   ·   No Comments

BANGKOK, 23 April 2012 – The Electricity Generating Authority of Thailand (EGAT) is set to increase the Ft charge from May to August due to the higher cost of production.

During the next billing period, from May to August, the Ft charge will need to be increased, given the prices of crude oil and natural gas have risen, pushing up the electricity production cost, according to EGAT Governor Suthat Pattamasiriwat.

He said that the government previously had made a decision to help flood victims cope with their soaring daily expenses by having EGAT maintain the Ft rate for January-April. As a consequence, the EGAT so far has to bear the burden of 10 billion baht in total.

Mr Suthat explained that the Energy Regulatory Commission of Thailand (ERC) will meet on April 25th to discuss the FT charge increase, which is anticipated to be 40 satang per unit.

(NNT : Nuttaporn Chanchokpong)


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