Provincial Electricity Authority


The Provincial Electricity Authority is a Thai state enterprise under the Ministry of Interior. Established on 28 September 1960 by the Provincial Electricity Authority Act 1960 —which are served by the Metropolitan Electricity Authority.

History

The first town electricity system installed outside Bangkok was in Nakhon Pathom City in 1930. In 1934, the Provincial Electricity Division was set up. After World War II, a royal decree replaced the division and formed the Provincial Electricity Organisation on 16 March 1954. The PEA was then established on 28 September 1960 by the Provincial Electricity Authority Act 1960. Following the Third National Social and Economic Developement Plan , and significantly increased electricity demand, the PEA saw rapid expansion throughout the provinces of Thailand. All provinces, districts and subdistricts in Thailand became electrified after fiscal year 1989.

Operations

PEA operates a total of 945 offices in the country, with its head office in Bangkok. Electricity provision is separated into four regions according to the geography of Thailand, with three subregions per region:
Maximum energy demand was in 2016, peaking at 20,439 MW.

Financials

In FY2018, PEA reported a net income of 20,616 million baht on revenues of 499,315 million baht. Its total assets were at 414,880 million baht. It currently employs 35,532 people. Maximum energy demand in 2018 was 19,139 MW. It was the fourth most profitable state enterprise in Thailand in 2014.