C
CapSolar
Launched Mar 2026 (ERC)

UGT2 Explained: Buying Green Power Through the Utility — A Factory Guide

Buy verified renewable electricity through the MEA/PEA utility with RECs bundled on a single bill — no roof, no capex required. The smart play: rooftop solar first, then UGT2 to top up the rest to 100% renewable.

Energy Policy11 min read
Table of Contents
1.What is UGT2 — 40 Seconds2.UGT1 vs UGT2 — Key Differences3.Who Can Apply — Factory Eligibility4.How to Apply (6 Steps)5.UGT2 vs Direct PPA vs Rooftop vs IREC6.Is UGT2 Worth It for Your Factory?7.How CapSolar Can Help8.FAQ
DEFINITION

What Is UGT2 — Understand in 40 Seconds

UGT2 (Utility Green Tariff Phase 2) is Thailand's official program letting electricity users buy renewable power (solar/wind/biogas) directly through the MEA/PEA utility, with a Renewable Energy Certificate (REC) bundled on one bill, on a 10-year contract, regulated by the ERC. It suits factories needing verified green power for RE100 — no roof or capex required.

UGT2 = Buy green power + REC through the utility, one bill, 10-year term

The core of UGT2 is simplicity: no PPA to negotiate, no land to find, no roof needed — you simply enroll through your utility and pay for renewable power plus the REC bundled on one monthly bill. The physical electricity flows through the grid, while the REC is tracked on the I-TRACK / I-REC registry, which is RE100- and CDP-compliant and therefore audit-ready for customer and supply-chain ESG reviews. UGT2 is delivered through all three utilities — EGAT (generation), MEA (Bangkok metro), and PEA (provincial, covering most industrial estates). Unlike Phase 1 (UGT1), which draws on existing hydro, UGT2 uses new renewable plants and lets you select your energy source.

COMPARISON

UGT1 vs UGT2 — What's the Difference

Buyer takeaway: UGT2 lets you choose new renewables (solar/wind/biogas) and lock a 10-year contract, whereas UGT1 is existing hydro on an annual contract with no source selection. The table below compares both phases per official data and news reporting (rates are approximate by period — verify the current rate with the ERC).

Comparison Table: UGT1 vs UGT2
DimensionUGT1UGT2
Energy SourceExisting state hydro (7 plants)New solar/wind/biogas (incl. solar+BESS)
Source SelectionNoYes (state or private portfolio)
Contract TermAnnual (1 year)10 years (fixed)
Capacity~2,000 GWh/yr (est. 2025)~4,000 GWh/yr/portfolio + 175 solar & wind plants (estimated at full COD)
Project COD TimelineExisting assetsComing online 2024–2030
Rate (incl. REC)~4.21 THB/kWh (2025); 0.0375 THB green premium = PROPOSED for 2026 (not yet adopted)~4.55–4.56 THB/kWh (Portfolio A 4.5475 / B 4.5622, per ERC draft criteria + news reports Mar 2026)
Best FitSMEs / short commitmentLarge industrial & commercial

Rate set by the ERC — verify current period. Figures above are approximate per draft criteria and news reporting; subject to change by ERC announcement.

ELIGIBILITY

Who Can Apply — Eligibility for Factories

Good news for most factories: nearly all qualify, because UGT2 is open to tariff Type 3 (Medium General Service), Type 4 (Large General Service), and Type 5 (Specific Business Service) — which are the standard rate classes for factories and commercial operations already. There are three main conditions:

1
Be a tariff Type 3, 4, or 5 customer (covers essentially all factories / commercial businesses)
2
Hold an existing electricity supply agreement (PPA) with EGAT, MEA, or PEA
3
Have no outstanding debt and no pending legal case for electricity-usage violation at registration

Before applying, it helps to understand your bill structure and tariff class and your current demand charge / TOU to model total cost under UGT2.

PROCESS

How to Apply for UGT2 — 6 Steps (First-Come, First-Serve)

UGT2 allocation is first-come, first-serve — portfolio quotas are limited, so interested factories should prepare documents and apply early. There are six main steps:

1

Register / verify identity

2

Complete the application

3

Place your booking

4

Await allocation result

5

Confirm documentation

6

Service commences + Bundled RECs activate

Tip: because allocation is first-come-first-serve, preparing your consumption data and tariff class in advance helps you file faster than competitors.

DECISION

UGT2 vs Direct PPA vs On-site Rooftop vs IREC — What to Choose

This is the most important section — there are several ways to green a factory, but they differ in cost, complexity, and whether you get physical power or just a certificate. The table below compares five options. Read more: [Direct PPA for factories](/knowledge/direct-ppa-thailand-factory), [What is PPA](/knowledge/what-is-ppa), [PPA providers in Thailand](/knowledge/ppa-providers-thailand-comparison), and [what is an IREC](/knowledge/irec-renewable-energy-certificate-thailand).

Decision Table: UGT2 vs UGT1 vs Direct PPA vs Rooftop vs IREC
MechanismUGT2UGT1Direct PPAOn-site rooftopIREC-only
Capex requiredNoneNoneNone (developer-owned) or lowHigh (or 0 with PPA)None
Roof / land neededNoNoDependsYesNo
Indicative cost~4.55–4.56 THB/kWh (reported)~4.21 THB/kWhNegotiated, often below grid~2 THB/kWh (LCOE)Certificate fee only (no power)
Physical green powerYes (bundled REC)YesYesYesNo — certificate only
RE100 / CDP validYesYesYesYes (with REC)Yes
Contract term10 yr1 yrTypically 10–25 yrAsset life ~25 yrPer purchase
Source selectionYesNoYesSelfN/A
Best forLarge factories greening grid-importSME short-termLarge load with negotiationAny factory cutting cost firstCheapest paper-only RE100 fix

Rates approximate, as reported 2026; the ERC sets official tariffs — verify the current period.

COST

Is UGT2 Worth It for Your Factory?

Let's be honest: UGT2 is not the cheapest path. At ~4.55–4.56 THB/kWh (reported), UGT2 is a premium over conventional grid power and well above your own on-site solar cost (LCOE ~2 THB/kWh). So UGT2 does not replace rooftop solar — it complements the kWh your roof can't reach.

~4.55–4.56
UGT2 (THB/kWh, reported)
~2.00
Rooftop solar (LCOE THB/kWh)

The Right Strategy: Rooftop First, Then UGT2 to Top Up to RE100

The smartest sequence for a factory is: (1) maximize rooftop solar first — it has the lowest cost (~2 THB/kWh) and fastest payback; (2) for the kWh you can't self-generate — night-time load, insufficient roof, or demand beyond roof capacity — use UGT2 to convert that grid-import into verified green power. Result: 100% renewable without overbuilding your roof, and the 10-year contract helps hedge Ft / fuel volatility. See the factory net-zero journey and compare with net metering / net billing for surplus you can sell back.

~4.55–4.56 vs ~2 THB/kWh — UGT2 greens what your roof can't reach

CAPSOLAR

How CapSolar Can Help

CapSolar designs and installs factory rooftop solar, backed by 80+ MWp / 150+ projects in Thailand, 100+ clients, and 85,000+ tons of CO₂ avoided. We help you plan both layers: maximize the roof first (lowest cost), then assess whether the remaining grid-import is best topped up with UGT2, Direct PPA, or IRECs for your RE100 goal. Not sure where to start? Let us assess your roof and remaining grid-import for free.

Rooftop First, Then UGT2 to Top Up — Start a Free Assessment

Consult CapSolar experts for free — we analyze your roof and remaining grid-import.

Related Reading

RE100 for Thai Factories — Choose Your Green Power Path (all mechanisms)What is Direct PPA — Factory GuideWhat is PPA — A Simple GuidePEA/MEA Electricity Tariff 2026PPA Providers in Thailand — ComparisonDemand Charge & TOU/TOD for FactoriesWhat is an IREC — Renewable Energy CertificateNet Metering / Net Billing — Selling Back to GridFactory Net Zero / Carbon Neutrality
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