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B3,000 minimum monthly bill for solar panel subsidy

To qualify for the government subsidy for installing rooftop solar panels, households must have a minimum monthly electricity bill of around 3,000 baht, according to the Finance Ministry.

Under Thailand's new rooftop solar panel subsidy program, households must have a minimum monthly electricity bill of approximately 3,000 baht to qualify, according to the Finance Ministry. The subsidy aims to promote clean energy and transition away from imported oil and gas, which contributed to the country's trade deficit during an energy crisis.

The program is expected to receive funding of around 50-60 billion baht, with authorities preparing to expand the list of approved installers. Once implemented in September, households could recoup their investment within 3-4 years, with potential savings from reduced electricity bills used to cover loan repayments.

Written by urgent.news from Bangkok Post Business's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.

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Farms in the sight of buyers as thousands of farmers approach retirement

Young farmers seem to be showing a renewed interest in beef and sheep farms with a more positive outlook in the agricultural sector.

  • Approximately 17,000 farms set to change hands in next decade, worth $150 billion.
  • Average farmer age in sheep/beef sector: 50 years, many nearing retirement.
  • Banks more willing to lend to young farmers due to industry's profitability and favorable rates.