Solar panel and battery import costs for Thailand's new household subsidy scheme will run 10 to 15% above budget by mid-2027.
Thailand's finance ministry is offering 50,000-baht subsidies to help a million households install rooftop solar from mid-October, but roughly half its solar equipment comes from China, which scrapped panel export tax rebates in April 2026. Thai research company Kasikorn Research already projects a 9 to 15% import price rise from that change alone, meaning installers face higher costs just as demand surges, likely pushing either household co-payments up or the rollout pace down.
Thailand's finance ministry is offering 50,000-baht subsidies to help a million households install rooftop solar from mid-October, but roughly half its solar equipment comes from China, which scrapped panel export tax rebates in April 2026. Thai research company Kasikorn Research already projects a 9 to 15% import price rise from that change alone, meaning installers face higher costs just as demand surges, likely pushing either household co-payments up or the rollout pace down.