Thailand Sets Electricity Price Cap at 3.99 Baht per Unit Until 2025
Regulatory commission announces temporary reduction in electricity rates for May-August period to 3.98 baht per unit, citing reclaimed funds from electricity authorities
The National Energy Policy Council has set an electricity price cap of 3.99 baht per unit until the end of 2025. For the May-August period, the rate will be slightly lower at 3.98 baht per unit.
This adjustment is made possible by funds reclaimed from the Electricity Generating Authority of Thailand, the Provincial Electricity Authority, and the Metropolitan Electricity Authority through a clawback mechanism.
A study will be conducted by relevant agencies, including the Energy Ministry, the Energy Regulatory Commission, and the National Economic and Social Development Council, to explore possibilities for further reducing electricity costs by addressing embedded hidden costs in the current pricing structure.
This adjustment is made possible by funds reclaimed from the Electricity Generating Authority of Thailand, the Provincial Electricity Authority, and the Metropolitan Electricity Authority through a clawback mechanism.
A study will be conducted by relevant agencies, including the Energy Ministry, the Energy Regulatory Commission, and the National Economic and Social Development Council, to explore possibilities for further reducing electricity costs by addressing embedded hidden costs in the current pricing structure.
