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Electrifying Battle: Deputy PM Challenged on Soaring Power Prices – Who Will Prevail?

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As the influential Deputy Prime Minister overseeing the Finance Ministry, Supattanapong finds himself in a unique position to reshape the production expenses of the Electricity Generating Authority of Thailand (Egat), according to Korn.

“Supattanapong has the ability to assist with Egat’s cost structure, instead of transferring the weight of the problem to the general public,” Korn explained.

Once a prominent Democrat figure, Korn has since transitioned into the role of Chart Pattana Kla Party leader and subsequently their prime ministerial nominee.

Previously, Supattanapong had challenged Korn’s proposal to decrease the fuel tariff (FT) involved in the calculation of electricity expenses from the current rate of 0.93 baht per unit to zero during the three-month hot season.

Supattanapong contended that the FT is representative of the fuel expenses in power production.

He further clarified that the government is concentrating on supporting at-risk populations due to the overwhelming expenses associated with subsidizing the entire population. Korn, however, disregarded this argument.

During an election rally in Roi Et, Korn insisted that the present electricity price of 4.72 baht per unit is exorbitant, particularly in light of fallen imported liquefied natural gas prices and a strengthening baht.

Instead of working to decrease power costs, Korn claimed that the government is, in fact, imposing an increased burden on consumers.

By eliminating the FT charge for a three-month period, not only will electricity become more affordable, it will also more accurately mirror the actual production costs, Korn asserted. He added that his party’s proposal to temporarily abolish the FT charge was grounded in meticulous research.

“I am well-versed in financial and monetary principles,” Korn stated.

He then directed his attention to Supattanapong, posing the question: “How do you intend to accept responsibility for the high cost of electricity and answer to the public for it?”

Korn continued, “You serve as the Deputy Prime Minister in charge of economic affairs, the Energy Minister, and the head of the economic team for the political party which nominated the Prime Minister as its PM candidate.”

Korn challenged the status quo early on, bringing attention to the issue of costly electricity bills. Subsequently, this has evolved into a political controversy for both Prime Minister Prayut Chan-o-cha and his government.

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