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Thailand electricity price increase moderates, businesses breathe a sigh of relief

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A wind turbine in Phuket, Thailand. (Photo: Wikimedia Commons)

After amending the electricity pricing structure and obtaining cabinet approval, the Energy Regulatory Commission (ERC) of Thailand announced on Jan 10 that the electricity price for January to April this year is set at 4.18 Thai Baht per kWh (about $0.12 USD), significantly lower than the initially proposed 4.68 Thai Baht. This decision brings relief to many industry players.

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