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Search Result for “rate cut”

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GENERAL

Warning over insufficient fossil fuel cuts

Business, Yuthana Praiwan, Published on 14/06/2024

» Gas and coal reduction targets in the revised version of the power development plan (PDP) may be insufficient for the government to achieve carbon neutrality by 2050, say energy firms.

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GENERAL

Diesel price rising by another 50 satang

Yuthana Praiwan, Published on 19/04/2024

» Diesel prices will rise by 50 satang a litre on Saturday after an excise tax cut for the fuel expires, energy policy makers said on Friday.

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GENERAL

Diesel subsidy possible if excise tax cut ends

Yuthana Praiwan, Published on 18/04/2024

» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.

GENERAL

Power bills likely stable in 2024

Business, Yuthana Praiwan, Published on 17/01/2024

» Electricity bills in Thailand are unlikely to be trimmed from the existing rate as the power tariff, which is used to calculate the bills, is expected to stay in a range of 4.2-4.25 baht per kilowatt-hour (unit), says Khomgrich Tantravanich, secretary-general of the Energy Regulatory Commission (ERC).

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GENERAL

Ministry focuses on cheap energy

Business, Yuthana Praiwan, Published on 13/01/2024

» Energy Minister Pirapan Salirathavibhaga vows to keep energy prices, including electricity and oil, low for households and businesses throughout this year as part of strenuous efforts to regulate power bills that remain elevated compared with neighbouring countries.

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GENERAL

PTT to assist in efforts to cut power tariff

Business, Yuthana Praiwan, Published on 27/12/2023

» National oil and gas conglomerate PTT Plc is expected to help the government reduce the power tariff early next year by using money from a fine worth 4.3 billion baht the company is charging its gas supplier for not complying with a gas purchase contract, says an energy official.

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GENERAL

New power tariff rate takes effect

Business, Yuthana Praiwan, Published on 06/10/2023

» The new power tariff of 3.99 baht per kilowatt-hour (unit), which reduces electricity bills for the last four months of this year, has taken effect, following approval from the Energy Regulatory Commission (ERC), which was instructed to enact the government's energy price policies.

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GENERAL

Exploring efforts to ease power bills

Business, Yuthana Praiwan, Published on 27/09/2023

» The Srettha Thavisin cabinet quickly approved a plan to reduce the power tariff at its first meeting earlier this month in a bid to reduce electricity bills.

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GENERAL

Diesel price to fall below B30 on Wednesday

Yuthana Praiwan, Published on 19/09/2023

» The domestic diesel price will be reduced by two baht a litre to 29.94 baht on Wednesday morning, the oil retailers PTT and Bangchak announced on Tuesday night.

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GENERAL

Retail LPG to remain at same price

Business, Yuthana Praiwan, Published on 31/08/2023

» The retail price of liquefied petroleum gas (LPG) is expected to be maintained at 25.87 baht per kilogramme, or 432 baht per standard 15-kg cylinder, for another month, according to the Oil Fuel Fund Office (Offo).