A reservoir by EGAT that combines hydropower and floating solar power. (Photo: EGAT)
To encourage businesses to use renewable energy, Thailand has officially launched the Utility Green Tariff (UGT), setting the rate at 4.21 THB per kWh (about 0.12 USD), slightly higher than the current rate for conventional electricity. Local demand for corporate green electricity subscriptions has already reached 600 million kWh.
2 billion kWh of green electricity to be supplied in Q1
According to regulations, businesses interested in purchasing green electricity at this rate must sign a one-year purchase agreement with either the Electricity Generating Authority of Thailand (EGAT), the Metropolitan Electricity Authority (MEA), or the Provincial Electricity Authority (PEA), and complete their subscription registration between Jan. 2 and Feb. 28.
