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EGAT proposes annual fuel tariff review

by swotverge

The Electrical energy Producing Authority of Thailand (EGAT) is to suggest that the federal government modifications the recalculation of the gas tariff (FT) on electrical energy from each 4 months to every year, to ease fluctuations in electrical energy costs for industries and households.

Thepparat Theppitak, the brand new EGAT governor, admitted the frequent recalculation of the FT has resulted in frequent modifications within the worth customers pay for electrical energy, affecting households and making it troublesome for industries to forecast their manufacturing prices.

Recalculating the FT yearly could be helpful and honest to all stakeholders in the long term and EGAT could be higher capable of handle its power manufacturing prices, mentioned the brand new governor, including that the present electrical energy worth of 4.18 baht/unit is cheap.

EGAT is at the moment shouldering 99 billion baht in debt, incurred by subsidising the FT to maintain the electrical energy worth at 4.18 baht/unit.

Thepparat mentioned EGAT expects to obtain compensation of the debt in seven instalments from the federal government, which is able to assist enhance its money circulation and credit standing.

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