According to the Thai Chinese daily reported on April 17, the home installs photovoltaic roof is becoming the present and even future Thai real estate development standard of low-rise housing project, benefit from the electricity board and related equipment to reduce cost price and the government improve and online electricity price, makes the investment and to recover the cost cycle shorten to 5 years, could save electricity spending more than 3000 baht a month. The overall cost of installing rooftop pv installations in Thailand has dropped by at least 66% compared to six years ago, with a 3.2-kilowatt unit now priced at 169,000 baht, or about 32,000 yuan.
It is estimated that at least 2.3 million households in Thailand are eligible for home-installed solar power. If 20% of them choose to install the equipment, it would represent a huge service market worth 137 billion baht.
It is reported that major Thai property developers have installed rooftop solar power as a standard feature of low-rise housing projects now or in the future. Especially in the environment of high oil prices and abundant sunshine resources in Thailand, the cost of key equipment such as photovoltaic panels is reduced, and more and more families will choose to install power generation equipment at home.