Ft to rise 18 satang
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The Energy Regulatory Commission today approved an increase of 18 satang per kilowatt-hour in the cost of electricity dring the September-December round.
Earlier this week, the subcommittee overseeing the price of electricity agreed on the rise in the fuel tariff (Ft) by 38.24 satang per unit. Electricity Generating Authority of Thailand (Egat) actually asked for the 45-satang-per-unit increase.
Direk Lawansiri, chairman of the commission, said after the meeting today that the Ft for the four-month period would be 68.24 per unit, due to the increase in all types of fuel used in the power generating. Natural gas is now priced at Bt317.50 per million British Thermal Unit (BTU), from $301.28 in the previous four-month round. Coal is at Bt3,227.48 per tonne, from Bt2,926.54.
The Ft is subjected to revision every four months, depending on the prices of fuel.
