Thailand’s energy will be costlier in May

From May till August, Thailand’s electricity price will rise to four baht per kilowatt hour, going up by zero.23-1.three baht per unit. The country’s Energy Regulatory Commission is elevating gasoline tariffs following Russia’s invasion of the Ukraine. An ERC spokesman said another excuse for the price surge is the declining supply of natural fuel from the Gulf of Thailand.
Russia’s invasion of the Ukraine has caused fuel and oil prices across the globe to spike. Thailand has capped the price of diesel at 30 baht per litre, however this cap will finish at the end of May. Thailand’s deputy prime minister, who is also the energy minister, stated last week the nation should save energy whereas waiting for added loans.
“We need to depend on ourselves… If everybody helps with vitality saving, the cap will last long, and if prices go down, it’ll last even longer”.
Unexplored , Supattanapong Punmeechaow, said that the Energy Ministry and Finance Ministry will talk about the way to assist benzene customers with state welfare playing cards. About thirteen.5 million people use these cards. He also said the government has helped people pay for cooking gas via its social welfare card scheme with a 45-baht low cost.
SOURCE: Bangkok Post

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