Solar Panel Investment Malaysia

It cost rm 52 500 including fit application process system design installation material cost and others.

Solar panel investment malaysia.

House owners for every kilowatt hour kwh of electricity generated and exported to the grid. Rooftop solar by installing a home solar system house owners can now sell home solar electricity to tnb. Since 2011 feed in tariff is available in malaysia to increase investment in renewable energy sources. Solar panel malaysia also offers solar photovoltaic system financing and monitoring.

It may sound a little expensive but considering the long term profit malaysia fit offers return of investment surely looks favorable. Though a solar panel system is a substantial investment up front over time it can more than pay for itself. This investment has break even point of 6 20 years and return on investment of 16 12. Generally solar panels create enough energy to power your whole house.

Solarvest is the preferred and trusted solar energy solutions partner in malaysia and south east asia. 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. This is a strong indication that investment in solar in malaysia is extremely beneficial.

So what exactly is feed in tariff. 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. Cost for solar panel installation the above image is a sample set of home solar pv which is expected to cost around rm60 000.

Solar marketplace malaysia with good roi. All of these programs and incentives were created for solar panel manufacturers and users who use solar energy in malaysia. 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. We assume an annual renewable cost of rm300 involving in cleaning the surface of the solar panels once twice a year.