Malaysia is blessed with abundant sunshine all year round, making it an ideal location for solar energy utilisation. And with the cost of living rising, and environmental concerns at an all-time high, sustainable solutions are more in-demand than ever. Here are five benefits of using solar energy in Malaysia.
1. Potentially save up to RM27,420 on electricity bills
With TERA’s solar technology which uses JINKO solar panels and HUAWEI’s Smart Energy Controller inverter, a household estimated to accumulate RM60,000 on electricity bills for 10 years (without solar installed) can go down to RM32,580. (With solar installed).
Refer to the figure below from TERA for a more detailed outlook on the estimation.
2. Make use of N.E.M Rakyat 3.0 to earn credits for excess power
Did you know the Malaysian government offers incentives to encourage the adoption of renewable energy? Under the Net Energy Metering (NEM) scheme, you can export the excess energy you generate back to the grid and earn credits. These credits can offset your future electricity bills, making solar power even more attractive.
3. Businesses won’t need to keep up with 43.5sen/kWH commercial tariff rate
The primary reason businesses should adopt solar energy to power up their operations is to cut down on utility costs.The domestic tariff rate starts at 21.80 sen/kWH, while the most common commercial tariff rate starts at 43.5 sen/kWH. This means, businesses have to pay a lot more for electricity to keep their operations going. Additionally, By using renewable energy, businesses can significantly reduce their greenhouse gas emissions, contributing to global efforts to combat climate change.
4. Reduce upfront costs with easy payment plans that go up to 60 months
The primary reason businesses should adopt solar energy to power up their operations is to cut down on utility costs.The domestic tariff rate starts at 21.80 sen/kWH, while the most common commercial tariff rate starts at 43.5 sen/kWH. This means, businesses have to pay a lot more for electricity to keep their operations going. Additionally, By using renewable energy, businesses can significantly reduce their greenhouse gas emissions, contributing to global efforts to combat climate change.
TERA offers numerous payment options for you to get started on your solar energy investment. Charges are also all-inclusive with no hidden fees, extending from SEDA and TNB application to after-sales support.
5. A low maintenance, reliable source of energy
Solar panels are becoming increasingly efficient and affordable, making them a popular choice for homeowners and businesses alike. With government incentives and falling costs, solar energy is a practical and environmentally friendly option for generating electricity. Natural rainwater also does most of the cleaning for the panels. For customers who prefer sparkling panels, a simple waterdown every 3 years or so would do the trick.
You May Also Find This Helpful :
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From Sunlight to Your Socket: The Simple Journey of Solar Energy
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How solar, batteries, and smart systems work together
Solar panels in Malaysia: Top 5 questions answered for homeowners
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