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Thursday, May 9, 2024

SPCG expects solar panel revenue to reach B1bn

Greater usage of rooftop solar panels has been forecast as consumers and businesses struggle with costly electricity bills.

Costly electricity bills are expected to cause more households and businesses to use renewable energy by installing rooftop solar panels, says SET-listed SPCG, a pioneer in solar farm development in Thailand.

The power tariff, which is used to calculate electricity bills for households, is likely to increase to 4.77 baht per kilowatt-hour (unit) between May and August, up from the previous record high of 4.72 baht per unit, according to the Energy Regulatory Commission.

Businesses will also pay 4.77 baht per unit, down from 5.33 baht per unit, applicable from January to April this year.

Rooftop solar power…

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