Reading Time: 2 minutes
Komkrit Tantrawanit, secretary-general of the ERC, stated that surplus electricity will be purchased by the Metropolitan Electricity Authority (MEA) and Provincial Electricity Authority (PEA) with solar rooftops of up to 10kW at the THB2.20 per unit.
Each of the MEA and PEA would purchase 5 MW per year of household solar for 10 years starting in 2022. The contract stipulates that the excess solar must be fed into the MEA or PEA grid by the household within 270 days.
On March 9, the National Energy Policy Council voted to expand the household solar project, which was launched last year. Komkrit stated that there was no deadline for homeowners to apply to the project.
In the meantime, those who sign up but do not meet the 270-day feed-in deadline will be allowed an additional 90 days to replenish their solar surplus.
Komkrit stated that if they fail to meet the deadline, their contracts will be cancelled.
He stated that the announcement was also applicable to households who applied last year to sell solar electricity to MEA or PEA but have not yet started operations.
Komkrit stated that the two-state companies will be inviting applicants to sign agreements in 30 days.
According to him, the policy aims to reduce the use of fossil fuels to generate electricity. This is after the Russia-Ukraine conflict caused energy prices to soar.