Thai Cabinet Approves 73 Billion Baht Solar Energy Initiative
The Thai government has authorized a 73 billion baht budget to purchase surplus electricity from residential solar panels at a rate of 2.20 baht per unit.
According to a report by Thai Post on October 27, 2026, the Thai Cabinet has officially approved a significant energy initiative aimed at supporting the 'Million Solar Roofs' project. The government has allocated a budget of 73 billion baht to facilitate the purchase of surplus electricity generated by residential solar installations. Under this new policy, the state will buy back excess power at a rate of 2.20 baht per unit.
For residents and property owners in Thailand, this development may signal a shift in the feasibility of installing private solar energy systems, potentially lowering long-term utility costs or providing a return on investment for energy production. Additionally, the Cabinet has tasked officials with reviewing small-scale power producer concessions to ensure transparency and prevent favoritism toward large corporations.
While this announcement marks a major step in national energy policy, several details remain to be confirmed. Specifically, the timeline for the rollout of the buy-back program, the specific application process for households, and the technical requirements for grid connectivity have not yet been fully detailed. Residents interested in participating should monitor official government announcements for further guidance on how to qualify for the program.
