Middle|Left Green

The K–Energy Saving Guarantee Program (Solar Rooftop)

​​​​​​​​​​​​​​​​​Solar rooftop installation. Save energy, ease loan repayment.

​​
 
HtmlBlock
11
Padding
 
 

Use clean energy,
get double benefits.

Reduce costs and increase revenue by selling electricity to the government. Enhance financial liquidity and competitiveness in the long run.


Black
Middle|Left
Left
HtmlBlock
12
Padding
 
 

12 years
maximum loan term.

Credit limit up to 100% of the total project investment, inclusive of consultation fees and operations by expert companies.


Black
Middle|Left
Left
HtmlBlock
13
Padding
 
 

Alleviate loan repayment without affecting cash flow.

Guaranteed energy savings ensured by professional solar project companies, repay the loan comfortably without affecting your business’s cash flow.


Black
Middle|Left
Left
HtmlBlock
21
Padding

Loan Details


Installment Period

Up to 12 years.

Loan Limit

Maximum 100%

Interest Rates

The interest rate is based on the bank's announcement.


Black
Middle|Left
Left
HtmlBlock
31
Padding

How to Apply

Qualifications

The company and project status

  • An entrepreneur who has conducted business for at least 3 years, or a company that has a contract with the government to provide electricity and has obtained special purchase rates for electricity produced and supplied by the project
  • A project that aims to manage energy efficiency, and its electricity-generating and energy-saving results are guaranteed by energy-saving professional companies
  • A solar cell investment project that aims to reduce the cost of electricity within the business or to contract to sell electricity for government projects
  • A project that has guaranteed energy savings or electricity generation from energy-saving professional companies that meet the selection criteria of the bank

Borrower's status

  • Thai citizen or juristic person registered in Thailand
  • Has conducted businesses for at least 3 years
Required Documents

Private individuals

  • Energy-saving performance evaluation summary (prepared by an energy-saving professional company)
  • Copy of the borrower's national ID card
  • Copy of house registration of the borrower and spouse
  • Copy of a name-surname change certificate of the borrower or spouse (if any)
  • Copy of a marriage or divorce certificate (if any)
  • Copy of the personal income tax payment certificate
  • A bank statement from a financial institution showing the past 6 months' history of transactions
  • Photocopies of documents evidencing ownership rights to the property
  • A sales-purchase contract or deposit contract (if any)

Business corporations

  • A certified copy of the latest partnership registration/company registration (issued within the past 3 months)
  • Company Memorandum of Association and Articles of Association
  • A copy of the register of shareholders
  • Financial statements submitted to the Revenue Department (income statement, balance sheet) of the latest year and the previous two years and/or an internal statement (if any)
  • A bank statement from the previous 6 months
  • An energy-saving performance evaluation summary (prepared by an energy-saving professional company)

Black
Middle|Left
Left
HtmlBlock
32
Padding

Frequently Asked Questions

What is Solar Rooftop?

Solar rooftop is the installation of solar cell on the rooftop of factories to generate electricity. The electricity generated will be used to replace electricity normally purchased by the Metropolitan Electricity Authority (Mea) and the Provincial Electricity Authority (PEA). Or the electricity generated can also be sold to MEA and PEA.

If there is a problem that needs repairs, will the experts in Solar Project overseeing the solar cell usage?

The service provider for solar rooftop will have a long term insurance for the solar cells and other equipments. Repairment and maintenance depends on the negotiation between the service provider and clients.

If the electricity generated is less than expected, who would be responsible?

The service provider will find the root cause of the problem and solve it. If the problem is unsolvable and it is not due to uncontrollable factors or faults of usage done by clients, then the service provider must make monetary compensation to clients as agreed upon. Business owners can have full confidence that the cash flow for repaying the loan to the bank will not be affected.

How to sell electricity to the government?

Business owners must contact the organization involved to apply for a license to sell electricity to public sector (MEA and PEA). However, the government’s policy regarding purchasing electricity from private sector (Power Purchase Agreement) is still subjected to change or cancellation in certain periods. Hence, business owners need to follow the news regarding the policy.


Black
Middle|Left
Left
InvisibleSectionName
10
Padding
Key Features
Black
Middle|Left
Left
InvisibleSectionName
20
Padding
Loan Details
Black
Middle|Left
Left
InvisibleSectionName
30
Padding
How to Apply​
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left
None
 
Padding
Black
Middle|Left
Left