SERVICE
Benefits of Installation: Hedge Against Rising Electricity Prices
Product Info
Electricity prices have shown a long-term upward trend, with an average annual increase of 3.2% over the past 30 years in Thailand. This volatility in electricity costs significantly impacts business operating expenses. ITC ENEX (Thailand) Co., Ltd. offers solar power systems that fix the unit price of generated electricity, providing a safeguard against rising electricity prices.
■ Features
Fixed Electricity Unit Price:
Both the rental service and PPA (Power Purchase Agreement) models fix the price of generated electricity throughout the contract period. This stabilizes costs and shields customers from market fluctuations and utility rate adjustments.
Long-Term Cost Forecasting:
Helps mitigate future electricity price increases, making long-term financial planning and cost management more straightforward.
Energy Cost Reduction:
By adopting solar power, the dependency on purchased electricity is reduced, enabling operations independent of rising electricity prices.
■ Trends in Electricity Prices in Thailand
Over the past 30 years (1992–2022), electricity prices have risen at an average annual rate of 3.2%.
Recent years have seen sharp increases due to policy changes and global energy market fluctuations.
■ Examples of Service Benefits
Factory A: Achieved approximately 20% electricity cost savings over 10 years after implementing solar power.
Commercial Facility B: Stabilized operating costs by fixing electricity unit prices through a PPA contract.
Solar power systems are an ideal solution to minimize the impact of electricity price fluctuations while supporting sustainable business operations.
■ For more details, please download PDF or contact us.
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