Mr. Komkrit Tantaravanich The secretary-general of the Energy Regulatory Commission revealed that the board passed a resolution to reduce the variable tariff (Ft) for the September-December collection by 0.83 satang per unit. Or charge the FT-12.43 satang per unit That reflects the real cost of fuel Which decreased from the original charge at -11.60 satang per unit
Such a reduction of the Ft charge will result in the average electricity cost reduced to 3.63 baht per unit from the current average electricity cost of 3.64 baht per unit, excluding VAT. Or equivalent to 0.22%
However, despite the declining fuel prices Due to the crisis However, the ERC remains concerned about the continued decline in electricity consumption due to the economic slowdown. Including the fluctuation of the exchange rate that occurred This is still a pressure to increase the cost of electricity generation.
The main reason for this revision of the FT. This is due to the previous drop in natural gas prices. And effective in the current period We still have to follow up. And assessing the continuously decreasing electricity consumption As a result of the economic slowdown and the declining GDP, Mr. Komkrit said.
More importantly, we are unable to predict the direction of electricity consumption clearly. This could be a factor that has a negative effect all year. And it is a burden to estimate the Ft in the next period as well. Accept that we are very difficult to assess.
However, the ERC will conduct a consultation on the Ft fee for the September December 2020 collection via the ERC website from 17 July 23, 2020, before further official announcement.
Factors Considering Ft Sep-Dec 2020
1. Electric power demand in September-December 2020 was approximately 58,910 million units, decreased from the period of May-August 2020, expected to have 69,920 power demand. Millions of units, or down to -15.75 percent, while total electricity demand in 2020 is approximately 193,706 million units, down -1.62 percent from 2019, which is 196,896 million units.
2. Proportion of fuel consumption Electricity production during September-December 2020 still uses natural gas as the main fuel 51.13%, coal 17.97% and foreign electricity purchases 20.15%. Other 10.75
3. The situation of the price of fuel used to generate electricity Overall, the average fuel price of each type decreased from the previous period. Following the decline of the world oil price declining.
4. Average exchange rate used in the forecast (1 May 31, 2020) is 32 baht / US dollar. Depreciation from the previous May-August period forecast at 31.70 baht / US $.
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