The current cost per unit is 4.77 baht; the ruling Palang Pracharath party has promised to reduce it to 2.50 baht for family users and 2.70 baht for commercial customers.
According to the party’s policy strategist Mingkwan Saengsuwan, it intends to reform the energy industry in a way that will reduce electricity prices.
The United Thai Nation Party, whose first candidate for prime minister is Prime Minister Prayut Chan-o-cha, has promised to lower the cost of power for low-income earners and farmers to 3.90 baht a unit.
The highest electricity fee would be 3.50 baht per unit, according to the Thai Sang Thai Party, which is headed by the late Khunying Sudarat Keyuraphan, minister of public health.
After forming a government, the Move Forward Party will lower the rate by 0.70 baht per unit within a hundred days.
The gasoline tax calculation formula will be reviewed by the Democrat Party, which claims that this will result in a per-unit price drop of up to 1.50 baht and a subsequent range of 3.27 to 3.77 baht.
Thailand bases its electricity prices on a mix of production costs and a fuel tariff. For both residential and commercial customers, the fuel price is now 98.27 satang per unit.
Senior Democrat Kiat Sitteeamorn stated that his party will reorganize energy tariffs to reduce customer expenses, noting that this is a “sustainable solution”.
Electricity will cost 2.50 baht per unit thanks to a price cut from the Thai Pakdee Party. In order to lower the price of power, a Thai Pakdee administration will push farmers to produce more Napier grass for biofuel, according to party head Warong Dechgitvigrom.
The Pheu Thai Party claimed it would lower the price of electricity by lowering the cost of energy production, but it did not provide a figure. Any cost decrease would depend on production costs, according to deputy party head and former energy minister Pichai Naripthaphan.
Thailand has to enhance its local fuel sources, including from overlapping claims regions in the Gulf of Thailand, Pichai added, as the country currently relies primarily on imported liquefied natural gas to create energy.
