From May until August, Thailand’s electricity price will rise to four baht per kilowatt hour, going up by zero.23-1.three baht per unit. Elementary ’s Energy Regulatory Commission is elevating gas tariffs following Russia’s invasion of the Ukraine. An ERC spokesman stated another excuse for the price surge is the declining supply of pure fuel from the Gulf of Thailand.
Russia’s invasion of the Ukraine has triggered gas and oil prices throughout the globe to spike. Thailand has capped the price of diesel at 30 baht per litre, however this cover will end at the end of May. Thailand’s deputy prime minister, who can be the energy minister, stated final week the nation should save power while waiting for added loans.
“We should rely on ourselves… If everybody helps with energy saving, the cap will final lengthy, and if costs go down, it’s going to final even longer”.
The minister, Supattanapong Punmeechaow, mentioned that the Energy Ministry and Finance Ministry will focus on the method to help benzene users with state welfare playing cards. About thirteen.5 million folks use these playing cards. He additionally said the government has helped individuals pay for cooking fuel via its social welfare card scheme with a 45-baht low cost.
SOURCE: Bangkok Postg