PTT Public Company LimitedPTT is named as temporarily absorbing accumulated arrears on behalf of the public under the approved electricity-cost measures, a policy/regulatory burden with unclear net effect.
The National Energy Policy Committee, chaired by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas, approved two key energy measures: guidelines to reduce electricity costs for the September–December 2026 billing period, and the expansion of the solar power generation programme for the public. Energy Minister Ekkanat Promphan said the Energy Regulatory Commission approved a retail Ft tariff of 16.23 satang per unit, with the Electricity Generating Authority of Thailand and PTT Public Company Limited temporarily absorbing accumulated arrears on behalf of the public, and with 16.127 billion baht in retained excess-benefit clawback funds to be used to reduce electricity costs through the Ft tariff. Natural gas commodity prices for power plants supplying the three state electricity utilities will be set at actual prices but capped at an average controlled price estimate of 363.53 baht per million BTU for the September–December 2026 period, with the difference between actual natural gas prices to be collected gradually from the May 2027 cycle onward under the supervision of the Energy Regulatory Commission. On promoting public solar power, the meeting approved expansion of rooftop, ground-mounted and floating installations under a Net Billing model, raising the total power purchase target to 10,000 megawatts, which includes the original 500-megawatt target. The amount of electricity offered for sale is capped at 5 kilowatts per meter, and the purchase rate for surplus electricity is set at 2.20 baht per unit for 20 years. Participants in the existing public solar programme, from the project under the Energy Policy Administration Committee resolution of 24 December 2018 and the National Energy Policy Committee resolution of 24 January 2019 onward, as well as the project under the National Energy Policy Committee resolution of 29 April 2026 under the 500-megawatt target, will also have their power purchase period extended from 10 years to 20 years. The National Energy Policy Committee assigned the Energy Regulatory Commission to issue and amend related regulations, announcements and criteria, and directed the Metropolitan Electricity Authority and the Provincial Electricity Authority to provide up-to-date data on electricity sales and purchases from renewable energy producers to the Electricity Generating Authority of Thailand so it can monitor and manage the power system efficiently and stably.
PTT Public Company LimitedPTT is named as temporarily absorbing accumulated arrears on behalf of the public under the approved electricity-cost measures, a policy/regulatory burden with unclear net effect.
Natural gas prices for power plants are capped at an average controlled price of 363.53 baht per million BTU for Sep-Dec 2026, a regulatory price cap weighing on natural gas.