Thailand to Launch 'One Million Solar Roofs' Initiative in November
The Thai government is set to launch a solar rooftop project this November, offering subsidies to reduce installation costs for households.
According to a report by Prachachat Business, the Thai government is preparing to kick off its 'One Million Solar Roofs' project this November. The initiative aims to promote renewable energy adoption by providing financial support to participating households.
Under the proposed plan, which is currently awaiting Cabinet approval for a 50-billion-baht budget, the government intends to offer a subsidy of 50,000 baht per household. With the estimated total cost of a solar installation system at 140,000 baht, the subsidy would reduce the out-of-pocket expense for homeowners to approximately 90,000 baht. Additionally, authorities are exploring options to allow participants to pay for the remaining balance through installment plans with partner banks.
For residents, this program could significantly lower long-term electricity costs and contribute to sustainable energy usage. The Metropolitan Electricity Authority (MEA) and the Provincial Electricity Authority (PEA) are expected to manage the registration process for interested applicants. Over 1,000 service providers are reportedly prepared to participate in the installation phase.
While the project is scheduled for a November start, several details remain to be confirmed, including the final Cabinet approval of the budget and the specific registration timeline for the public. Residents interested in the program should monitor official announcements from the MEA and PEA for further instructions.