Thailand's Energy Minister Akanat Promphan announced plans to maintain electricity prices at 3.88 baht/unit from May through August, countering the Energy Regulatory Commission's (ERC) suggestion to increase it to 3.95 baht/unit. This decision leverages a surplus of about 9 billion baht and a claw-back mechanism designed to stabilize prices amidst rising fuel costs. The proposal aims to alleviate consumer expenses during the high-demand dry season.
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The ERC recently set the fuel tariff at 16.23 satang/unit, leading to an expected increase of 7 satang per unit. However, Akanat's approach involves a tiered pricing model to promote energy conservation, with the National Energy Policy Committee having the authority to review and potentially override ERC's decision. The ERC had conducted a public hearing, with nearly half of participants backing the proposed increase to 3.95 baht/unit, emphasizing the balance of financial burden and long-term energy security.
ERC Secretary-General Poonpat Leesombatpiboon noted that maintaining the current rate would require an additional 5 billion baht in subsidies. As energy consumption is expected to rise in April, Poonpat encouraged energy-saving practices among households. Moving forward, the focus remains on achieving a fair balance between affordability and energy sustainability.
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Adapted by ASEAN Now · Thai PBS · 02 Apr 2026