Fuel tariff maintained

MONDAY, OCTOBER 31, 2011
Fuel tariff maintained

The Energy Regulatory Commission on Monday resolved to maintain the fuel tariff for the January-April round, in light of floods which sparked demand and increased cost of living.

 

 Meanwhile, the commission also resolved that free electricity for households will also be cut from 90 units per month to 50 units. This would help reduce the financial burden on industrial plants which now shoulder the cost, amounting to Bt12 billion a year.
 "Many households suffer from floods and the fuel tariffs should not be increased to raise their burden," said commissioner Boonsong Kerdklang. He noted that the fuel tariffs for the next four-month round should actually be raised by 20 satang per unit, to reflect the higher fuel costs.