FT charge for Jan-April period cut by four satang per unit

[webfact]

FT charge for Jan-April period cut by four satang per unit

 

 

BANGKOK: -- The Energy Regulatory Commission has decided to cut the FT surcharge for January-April period by four satang per unit to 37.29 satang/unit in order to reduce the burden on consumers during New Year’s festival.

 

Mr Veeraphol Chirapraditkul, a member of the ERC, said on Wednesday that the FT cut would bring the electricity charge for all types of users to an average of 3.3827 baht per unit (excluding VAT).

 

Full story: http://englishnews.thaipbs.or.th/ft-charge-jan-april-period-cut-four-satang-per-unit/

 

-- © Copyright Thai PBS 2016-12-22

[khwaibah]

#$%@&BG Anronyms. <deleted> is FT.

[Commogwinto]

3 hours ago, khwaibah said:

#$%@&BG Anronyms. <deleted> is FT.

Not sure but maybe Fixed/Floating Tariff???

Commo

 

[mosan]

Sometimes even using a Google or Bing search doesn't help. 

[dabhand]

FT = Fuel Adjustment Tariff

 

 

 

 

 

 

[Pib]

Wow.....this is awesome with FT changing from a -33.29 stang to -37.29 stang the total electric bill for say a person using 500KWH/mo (electric account in their name vs landlord account/rates) will drop from Bt1, 986.62 to Bt1,965.22, a savings of Bt21 (twenty one) according to the MEA calculator.   But that's better than nothing or increasing.

[elgordo38]

Merry Christmas from the ERC. Don't spend the savings all in one place. 

[elgordo38]

6 minutes ago, Pib said:

Wow.....this is awesome with FT changing from a -33.29 stang to -37.29 stang the total electric bill for say a person using 500KWH/mo (electric account in their name vs landlord account/rates) will drop from Bt1, 986.62 to Bt1,965.22, a savings of Bt21 (twenty one) according to the MEA calculator.   But that's better than nothing or increasing.

Their generosity knows no bounds. 

[KhunBENQ]

24 minutes ago, Pib said:

Wow.....this is awesome with FT changing from a -33.29 stang to -37.29 stang the total electric bill

And the wording that the surcharge is cut to 37.29 is somewhat "amusing".

Since long the surcharge has turned to a deduction due to low fuel prices.

I bet there will be a hard awakening for the next Ft setup.

 

 

 

[Pib]

About a year or so ago the FT rate used to be a pretty healthy "positive" amount...like it could be approx 15% (or more) of your total bill.   For example if looking back say at the Jul 2010 FT it was a positive 95.81 (almost 1 baht per unit) instead of the current minus 37.29 

 

But beginning mid Nov 2015 MEA/PEA "reset" their basic rates which included rolling-in the FT rate at the time into the new basic rates....this basically raised the basic rates and set the FT back to zero.   Since then due to the price of oil/natural gas/fuels used to generate electricity has varied little...and actually went down a little so that is why we have been seeing negative FTs for the past year. 

 

But once the price of oil/natural gas/fuels used to generate electricity starts going up significantly the FT will climb back into positive territory and instead of the FT lowering your electric bill it will be raising your electric bill.

 

2016 FT can be seen here

http://www.mea.or.th/en/profile/2985/2986

 

Sep 92 thru Dec 15 FT can be seen here

http://www.mea.or.th/en/content/detail/2985/2987/487

 

 

[Grubster]

Could they please send a notice to my landlord who charges me 7 baht per unit.