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News Forum - Russia-Ukraine conflict excuse for energy hike


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The conflict between Russia and Ukraine continues to be the excuse by utilities suppliers to raise energy prices. The Energy Regulatory Commission today announced the power tariff would increase to a record high of 4.4 baht per kilowatt-hour (unit) between September and December meaning Thai residents face higher bills. The ERC says the higher power tariff, which is made up of the base tariff and fuel tariff, is because Thailand needs to import more liquefied natural gas, which is costly but it serves as a key fuel for electricity generation. The fuel tariff is mainly determined by fuel costs, which […]

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