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Bangkok Panel Says Fuel Tariff Should Be Kept.
Jul. 27--The widely criticised energy cost adjustment charge known as the fuel adjustment tariff (Ft) should not be scrapped as the three state power utilities could face serious financial problems, says a panel formed to study new electricity tariffs.
Consumers have complained that the Ft charges are not calculated transparently and that they inflate power bills unnecessarily.
The panel was formed by Chaturon Chaisaeng, a Prime Minister's Office minister, in response to consumer complaints. It said the Ft cost should reflect energy costs and electricity price purchases from private-sector producers, foreign-exchange effects on the debt burdens of power utilities and the inflationary impact from non-fuel costs.
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