Thailand Freezes Electricity Rates at 3.95 Baht Per Unit
Thailand's Energy Regulatory Commission froze electricity rates at 3.95 baht per unit through December 2025 by absorbing accumulated costs and using clawed-back revenues to shield consumers from rising fuel expenses.
The Energy Regulatory Commission (ERC) has approved the automatic fuel adjustment formula at 16.23 satang per unit for the September-December 2025 billing period, keeping the average electricity rate stable at 3.95 baht per unit when combined with the base rate of 3.78 baht per unit, excluding value-added tax. According to ERC Secretary Poolpat Leesombatpiboon, the fuel adjustment reflects anticipated fuel costs and electricity purchase expenses of 41.27 satang per unit, adjusted to reflect current natural gas pricing. The Electricity Generating Authority of Thailand will continue to absorb accumulated costs totaling 31,268 million baht on behalf of consumers, while the ERC has mobilized 16,127.17 million baht in clawed-back excess revenues—equivalent to 25.04 satang per unit—to further reduce the electricity burden. The rate determination follows the 2007 Energy Business Act and the 2021 Electricity Rate Setting Criteria, which allow the ERC to use clawed-back funds to help stabilize rates and mitigate impacts from energy crises. The ERC emphasized balancing true cost recovery with protection of consumers' cost of living, noting that 168 people reviewed the proposal during the July 13-20 public consultation period, with seven comments expressing concern about living expenses and requesting rate stability. The commission will closely monitor global energy prices, liquefied natural gas costs, exchange rates, and geopolitical factors to ensure future rates remain appropriate, transparent, and fair to all stakeholders.
