Solar Panel Investment Malaysia
Cimb financing options seda and nem supported.
Solar panel investment malaysia. House owners for every kilowatt hour kwh of electricity generated and exported to the grid. So what exactly is feed in tariff. It cost rm 52 500 including fit application process system design installation material cost and others. We are in synonym for a durable and high performance solar pv systems providing clients a full turnkey epcc solar power investment solution.
Solar energy incentives 1. Solar panel malaysia also offers solar photovoltaic system financing and monitoring. This is a strong indication that investment in solar in malaysia is extremely beneficial. Cost for solar panel installation the above image is a sample set of home solar pv which is expected to cost around rm60 000.
Seda malaysia feed in tariff fit incentive provides a fixed rate to the electricity generator e g. Return surplus electricity to the grid and save more on your tnb bill. Rooftop solar by installing a home solar system house owners can now sell home solar electricity to tnb. Though a solar panel system is a substantial investment up front over time it can more than pay for itself.
This rate provided under fit is at. We assume an annual renewable cost of rm300 involving in cleaning the surface of the solar panels once twice a year. This investment has break even point of 6 20 years and return on investment of 16 12. According to the sustainable energy development authority of malaysia seda as of july 2016 9 406 applications out of 9 586 approved applications for the investment of solar in malaysia under its feed in tariff programme were for solar pv alone.
It may sound a little expensive but considering the long term profit malaysia fit offers return of investment surely looks favorable. Since 2011 feed in tariff is available in malaysia to increase investment in renewable energy sources. Solar marketplace malaysia with good roi. Solar panel malaysia is a full service solar power system malaysia solutions provider for residences businesses and other uses the solar panel services we offer are diverse from solar energy system design and solar panel installation to solar power malaysia consultation and project management.