Bangkok: The National Energy Policy Council (NEPC) has approved a reduction in the fuel adjustment charge (Ft) for the months of September-December 2026. The policy shift also includes an expanded target for purchasing "solar power for the public" to 10,000 megawatts at a rate of 2.20 baht per unit, with a commitment extending over 20 years.
According to Thai News Agency, the meeting was chaired by Deputy Prime Minister and Minister of Finance, Mr. Ekniti Nitithanprapas. The committee discussed and acknowledged the guidelines for managing electricity prices for the public during September-December 2026. They approved a retail Ft charge of 16.23 satang per unit. It was decided that the Electricity Generating Authority of Thailand (EGAT) and PTT would temporarily cover the accumulated outstanding costs on behalf of the public. Additionally, the committee agreed to use recovered excess profits exceeding 16 billion baht to help reduce electricity costs through the Ft charge. Furthermore, the committee approved an expansion of solar power promotion for the public sector via a Net Billing model, increasing the total electricity purchase target to 10,000 megawatts. The purchase rate for excess electricity was set at 2.20 baht per unit, with the purchase period extended to 20 years.