The Federation of Thai Industries has roundly criticized the Energy Regulatory Commission (ERC) for behaving like an only agency responsible for setting national electricity prices every four months, based on the data and assumptions provided by oil companies, without any plan for structural reform to reduce power prices.

FTI Says Power Price Hike Will Affect Competitiveness

The comment was made by FTI vice president Isares Rattanadilok Na Phuket today, in response to the ERC’s decision yesterday to increase the price of electricity, for the January-April 2024 period, from 3.99 baht to 4.68 baht per unit, or 17%.

Full story: thaipbsworld.com

By Thai PBS World