The news you'd rather not hear - electricity prices set to rise for May to August

PUBLISHED ON FRI, APR 21, 2017 4:09 AM

The news you'd rather not hear - electricity prices set to rise for May to August

 

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Picture: Thai Rath

 

BANGKOK: -- Electricity prices for the next four months will rise by 12.52 satang per unit.

 

The hike is due to increase in costs for generating electricity and is due to a change in the FT (fuel tax) rate that fluctuates according to costs in operating power plants, reported Thai Rath.

 

The change will mean the average cost of a unit of electricity will be 3.5079 per unit from May to August.

 

The FT rate has been adjusted from -24.77 to -37.29 said spokesman Wiraphon Jirapraditthakun meaning that prices would rise.

 

This is due to increased gas prices.

 

Source: Thai Rath

 
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