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ERC Estimates Reduced Electricity Bills for January-April 2024 After Cabinet Resolution

The Energy Regulatory Commission estimates the electricity bill for January-April 2024 after the New Year.

Progress in considering electricity bills for January-April 2023. After the Cabinet (Cabinet) agreed to reduce the price not more than 4.20 baht per unit. Recently, the Energy Regulatory Commission (ERC) will set the price on January 3, 2024. It is expected that the price level will be in the range of 4.15-4.19 baht per unit.

The consideration was not made in time by December 31, 2024 because both the Energy Regulatory Commission agencies PTT Public Company Limited and the Electricity Generating Authority of Thailand (EGAT) are both waiting for the official decision of the Cabinet on December 19 and the National Energy Policy Committee (NEPC).

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on December 13, in order for the consideration to be in accordance with the legal framework, there will be no problems later.

On December 26, the Energy Policy Administration Committee (BMG), chaired by Mr. Peeraphan Saleerathaviphak, Deputy Prime Minister and Minister of Energy, Had a meeting to acknowledge the resolution of the People’s Democratic Party that ordered a reduction in electricity costs. By the resolution of the Cabinet and NEPC to relevant agencies in the last week of the year.

PTT will review the natural gas volume and price assumptions used in calculating electricity rates to be consistent with the current situation. Ready to bring a discount on natural gas prices of 4,300 million baht from the lack of natural gas delivery to the Gulf of Thailand for producers (Shortfall) at the end of 2021 continuing until the beginning of 2022 to help reduce the price of natural gas in this round according to the Cabinet resolution.

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In the case of announcing the price before the end of the year and moving it to after the new year, there is no problem at all. Because it’s still in time for the January electricity bill cycle, which normally comes out on the 10th onwards. Or if the electricity bill is later than the electricity bill collected from the public. can give retrospective discounts,” the news report stated.

2023-12-30 15:04:19
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