Government spokesperson Ratchada revealed that four state banks are offering special interest loans to support Thais in adopting clean energy and reducing the burden of oil and electricity costs.
On 20 Apr 2026 GMT+7, Ms. Ratchada Thanadirek, spokesperson for the Office of the Prime Minister, disclosed that the government is swiftly turning the "crisis" into an "opportunity" by advancing energy efficiency improvements alongside strengthening long-term energy security and sustainability amid rising oil prices and increasing electricity rates.
At the same time, a systematic support measure has been launched through special interest loans from state financial institutions (SFIs) to encourage citizens and businesses to shift toward clean energy and energy-saving technologies. This reduces costs and enhances competitiveness. Four SFIs have jointly issued loans covering households, farmers, and SMEs to alleviate energy expenses and drive the country toward a green economy.
GH Bank offers three packages under "Cool and Happy Home" loans for purchasing, building, or renovating energy-efficient homes with renewable energy installations, featuring interest rates starting at 2.20% per year. Additionally, there is the Home No. 5 loan with a fixed interest rate of 2.69% for the first two years, and the Solar Roof loan with a maximum credit limit of 300,000 baht and a fixed interest rate of 3.90% for the first three years, requiring no additional mortgage registration.
Government Savings Bank provides green loans covering homes, vehicles, and businesses, such as the GSB Green Home Loan with up to 110% borrowing and repayment terms up to 40 years. It also offers the GSB Go Green loan for solar panel installation, purchasing EVs, or buying Grade 5 electrical appliances, as well as SME loans with interest starting at MLR minus 0.25%.
The Bank for Agriculture and Agricultural Cooperatives (BAAC) supports farmers transitioning to the BCG Model through machinery loans with repayment terms up to 10 years and BCG loans with relaxed conditions allowing up to 15 years for repayment along with 12–18 months of working capital.
SME D Bank assists entrepreneurs in adapting to green businesses through the SME Green Productivity loan with a maximum limit of 30 million baht, an interest rate of 3%, a repayment period of 10 years, and a principal payment holiday for the first 12 months.
“The loan measures from these four state banks help reduce burdens during volatile energy prices, enhance energy security, and propel Thailand’s economy toward sustainability,” the spokesperson said.