Only about 2-3% of the 400-500 private power producers with contracts due for revision accepted the state's new terms. The Energy Policy Office (สนพ.) is recalculating a lower step-down purchase rate, from about 3 baht per unit (including Ft) to a proposed 2.15 baht, for the National Energy Policy Committee to approve. The government says it will terminate contracts under existing clauses if producers refuse to negotiate. Relevant mainly to SPP, VSPP, Non-Firm and solar producers, and to businesses that buy from or supply them. Expect a new standard contract and rate framework in the coming months.