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What is Ft ?

What is Ft ?

31 July 2012 14109
Ft is variable tariff or tariff derived from the Automatic Tariff Adjustment Mechanism formula.

What is  Ft ?

Ft is  variable tariff or tariff derived from  the Automatic Tariff Adjustment Mechanism  formula . It is reflected the change in uncontrolled cost of the utilities such as fuel cost and purchasing power which are only differ from base tariff .

It now is particularly important to encourage efficient procurement of generation from EGAT’s own plant and EGAT’power purchasing from independent power producers (IPPs) , small power producers (SPPs) and neighbour countries (Laos and Malaysia) as generation costs are the largest component of electricity costs. Ft is also included the expense occurred from Government Policies.

 

Why do we call Ft?

Ft is Fuel Adjustment Cost at the given time .
Ft would be used  a four-month averaged Ft value.
Ft is monitored by The Energy Regulatory Commission and reviewed every 4 months, For 3 times per year, On January, May and September.
MEA (Metropolitan  Electricity Authority) shows the Ft  rate and Ft Charge on your  electrical  invoice  every month.