Cabinet cuts electricity and diesel prices

[webfact]

 

The Cabinet decided today (Wednesday) to cut the price of electricity from Bt4.45 to Bt4.10 per unit, effective from September’s billing cycled, Prime Minister Srettha Thavisin told the media after his first cabinet meeting.

 

The cabinet also decided to cut the pump price of diesel to under Bt30 per litre, effective from September 20, he added. No details were given about how the government will subsidise these price reductions or how long the reductions will last.

 

Electricity and fuel price cuts are among the highest priority policies detailed by the Pheu Thai party in its election manifesto. The cabinet also decided to change salary payments for government officials from once to twice a month, to ease their financial burden.

 

Source: https://www.thaipbsworld.com/cabinet-cuts-electricity-and-diesel-prices/

 

-- Thai PBS 2023-09-13

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Get our Daily Newsletter - Click HERE to subscribe

[stoner]

great news. my farm thanks you. 

 

[Eric Loh]

It was Bt 4.70 per unit in June. This cut to Bt 4.10 is welcome news to households like mine. 

[mfd101]

Useful change in salary payments for government officials (who often seem to an outsider like 90% of anyone in Thailand who earns a salary). 

 

Given the inability of so many people to manage money - yes, even government officials! - paying them every fortnight rather than monthly makes sense.

[khunPer]

1 hour ago, Sticky Rice Balls said:

so my electric unit price will go back to 7 from 9??????

You need to discuss that with your landlord – wish you good luck...

[CanadaSam]

1 hour ago, Sticky Rice Balls said:

so my electric unit price will go back to 7 from 9??????

You should know that it is illegal for condominiums to charge more than the Government rate.

[dinsdale]

1 hour ago, CanadaSam said:

You should know that it is illegal for condominiums to charge more than the Government rate.

Only if it it less than a certain amout of rooms. Can't remember how many but I think it was single figures.

[Pib]

I wish I could figure out where they get Bt4.45/KWH amount because when I use the PEA or MEA online calculator which shows quite a few various rates I can't find one that matches a basic Bt4.45 rate....but I can find a rate that comes very close if "not" counting the very significant Ft (energy) charge but counting the 7% VAT.   

 

Like below is a snapshot if using the typical residential rate at more that 150KWH per month....using a monthly usage amount 1000KWH the total monthly bill would be Bt5,231.....which represents a Bt5.23/KWH.   Now if you "exclude" the 0.6689/KWH Ft charge (which you really can't as that's part of the total cost) then you could get approx a Bt4.56/KWH charge.

 

Snapshot for PEA Electric Monthly Bill Calculator

 

https://eservice.pea.co.th/EstimateBill/#

[Tropicalevo]

5 hours ago, Sticky Rice Balls said:

so my electric unit price will go back to 7 from 9??????

I too pay the developers 9 baht per unit,  plus FT charge, plus VAT.

I am not expecting the greedy so and so's to drop the price.

If they do I will publicly go down on my knees, say three Hail Mary's and thank Allah.

[lordgrinz]

The vote buying has begun, I wonder who will be left with the bill?

 

Quote

No details were given about how the government will subsidize these price reductions or how long the reductions will last.

 

[JayClay]

10 hours ago, lordgrinz said:

The vote buying has begun

Seems a little early...

[dinsdale]

3 hours ago, Sticky Rice Balls said:

useful info....tnx  got a link?

Nup. Prayut brought this in. Probably never adhered to. As for all the people now paying higher electricity prices in apartments/condos because of the electricity hike this year I'm 100% certain they won't be paying lower electricity prices with the lowering of electricity prices. Very nice profit increase for the owners. 

[dinsdale]

3 hours ago, Sticky Rice Balls said:

so whats it supposed to be for # of rooms vs allowing owners to overharge?

Owners will charge what they like. As I said I don't know the number of rooms. Feel free to search for this yourself. Guaranteed as I said the price per unit will not be decreased for people in apartments/condos. This reduction in electricity cost per unit will be a profit for the already super rich owners.

[foreverlomsak]

On 9/13/2023 at 1:52 PM, mfd101 said:

Useful change in salary payments for government officials (who often seem to an outsider like 90% of anyone in Thailand who earns a salary). 

 

Given the inability of so many people to manage money - yes, even government officials! - paying them every fortnight rather than monthly makes sense.

go back to weekly cash in hand in little brown envelopes like I used to get (oops brown envelopes mean something else, not pay packets)

[John Drake]

On 9/13/2023 at 1:31 PM, webfact said:

Electricity and fuel price cuts are among the highest priority policies detailed by the Pheu Thai party in its election manifesto.

Not fast enough. I got my electricity bill yesterday.

[roietfortress]

they tripled the electricity rate in May. that doesn't look like much of a reduction.

 

one of the few domestic subjects i care about lol

 

#

[Pib]

4 hours ago, roietfortress said:

they tripled the electricity rate in May. that doesn't look like much of a reduction.

Tripled!?   So you are saying your basic rate went from around Bt4.5/KWH to Bt13.5KWH in May?  That didn't happen.

 

What happened is you just tripled your KWH usage although the rate stayed the same.  

[Liverpool Lou]

18 hours ago, dinsdale said:

Guaranteed as I said the price per unit will not be decreased for people in apartments/condos.

Why not for condos?  I'm in a condo and I get my electricity bill direct from MEA, just as the owner would.

[Liverpool Lou]

4 hours ago, roietfortress said:

they tripled the electricity rate in May. that doesn't look like much of a reduction.

Garbage.  Electricity rates per Kwh (units) were not tripled in May!

Edited September 16, 2023 by Liverpool Lou

[KhunLA]

Certainly didn't cut petrol 91, as saw it from 40.19 to 41.59 today.????

It was 39.5 the other day, and 38.5 late time I notice ... this month.

[dinsdale]

24 minutes ago, Liverpool Lou said:

Why not for condos?  I'm in a condo and I get my electricity bill direct from MEA, just as the owner would.

Interesting. Maybe some others on here can tell us if this is the case for them. I've been here 20 odd years and stayed in several apartments. Never the case. Always above the basic price.

[Liverpool Lou]

17 minutes ago, dinsdale said:

Interesting. Maybe some others on here can tell us if this is the case for them. I've been here 20 odd years and stayed in several apartments. Never the case. Always above the basic price.

"I've been here 20 odd years and stayed in several apartments.  Never the case".

As I said, I live in a condo, that could be why.

Edited September 16, 2023 by Liverpool Lou

[dinsdale]

1 minute ago, Sticky Rice Balls said:

just curious how it all worked and if anyone ever had success challenging this higher rates

 

as my LL charges me 200 for water and i KNOW he charges others 150....peeves me off but i see this dude daily as he lives here and i always go back to this place so doesnt seem worth it to create the bad blood......i already caught him trying to charge me double for a case of water but went to water shop 5 mins away and got my own at half(real) price....the look on his face when i walked in with it was very satisfying....

It works like this. Many Thais think we are all stupid. I have many examples like yours. One and not related to a single example is going to a small food shop where the food is good and you get quite a bit. Then the portion gets smaller. Then the price goes up. Then I never go back. They lose. Stupid people.

[dinsdale]

1 minute ago, Liverpool Lou said:

"I've been here 20 odd years and stayed in several apartments.  Never the case".

As I said, I live in a condo, that could be why.

I am now paying Bt7 (was Bt5 but they hiked it in June). Last apartment Bt9. You say never the case well I'm saying it is because this is what I now pay. Bt7. I have a mate in BKK that has a condo. Bt21. You say never the case then prove it. I can prove I'm paying Bt7.

[Liverpool Lou]

6 minutes ago, dinsdale said:

You say never the case well I'm saying it is because this is what I now pay.

I didn't say "Never the case", you did, that was your comment that I quoted!...

 

"Interesting. Maybe some others on here can tell us if this is the case for them. I've been here 20 odd years and stayed in several apartments. Never the case. Always above the basic price".

Edited September 16, 2023 by Liverpool Lou

[Liverpool Lou]

7 minutes ago, dinsdale said:

I have a mate in BKK that has a condo. Bt21. You say never the case then prove it. I can prove I'm paying Bt7.

I don't need "a mate" in a condo to know that I pay MEA rates.  I could prove that also.  

[dinsdale]

3 minutes ago, Liverpool Lou said:

I didn't say "Never the case", you did, that was your comment that I quoted!

Fair enough. I reckon you are very lucky then. It's never been the case for me or anyone else I've known. You are the 1st of heard of. 

[Liverpool Lou]

1 minute ago, dinsdale said:

Fair enough. I reckon you are very lucky then. It's never been the case for me or anyone else I've known. You are the 1st of heard of. 

Maybe you've only stayed in apartments, not condos.   Unbelievable that you've never heard of anyone paying MEA electricity rates in rented property.

[rabas]

On 9/13/2023 at 5:40 PM, Pib said:

I wish I could figure out where they get Bt4.45/KWH amount because when I use the PEA or MEA online calculator which shows quite a few various rates I can't find one that matches a basic Bt4.45 rate....but I can find a rate that comes very close if "not" counting the very significant Ft (energy) charge but counting the 7% VAT.   

 

Like below is a snapshot if using the typical residential rate at more that 150KWH per month....using a monthly usage amount 1000KWH the total monthly bill would be Bt5,231.....which represents a Bt5.23/KWH.   Now if you "exclude" the 0.6689/KWH Ft charge (which you really can't as that's part of the total cost) then you could get approx a Bt4.56/KWH charge.

 

Snapshot for PEA Electric Monthly Bill Calculator

 

https://eservice.pea.co.th/EstimateBill/#

I use ~2500kwh/m. In part because nieces who don't understand the cost of aircon.

 

When I enter 1000kwh to estimate, I get a slightly lower rate of 5.49b/kwh. If I enter the real rate ~2500kwh I get 5.61b/kwh, which is exactly what I pay, 5.61 is printed on my bill. Maybe some additional charges sensitive to volume.

 

I also see there's an optional Residential Tariff No. 1.2 which scales with peak hour rates. That would save a bit since most of my bill is aircon, off peak starts at midnight and on holidays. I wonder how one requests Tariff No. 1.2.

 

 

[topt]

On 9/13/2023 at 5:20 PM, dinsdale said:

Only if it it less than a certain amout of rooms. Can't remember how many but I think it was single figures.

5 rooms 

 

On 9/14/2023 at 3:36 PM, Sticky Rice Balls said:

useful info....tnx  got a link?

Try this thread although not the original notification -