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Egat insists on calculating new Ft based on future energy cost.
Oct. 7--Egat Plc insists on using estimated energy costs over the next four months instead of the average cost of the past four months as the base in calculating the energy adjustment charge, known as Ft, for the next four months, starting this month.
The future cost would push the Ft up by 18 satang or more per unit (kilowatt/hour), compared to an estimated rise of 5-6 satang if the past cost is used.
Kraisi Karnasuta, Egat's chief executive officer, claimed that under a cabinet resolution on Aug 30, the new Ft formula would be based on monthly "up-to-date" energy costs and the prices Egat pays independent power producers.
He took this to mean ...
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Source: HighBeam Research, Egat insists on calculating new Ft based on future energy cost.