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Benefits
Reduce Electricity Costs
Utilise natural resource of Sun to reduce the electricity
Protect the Environment
Sustainable Lifestyles, environment friendly and help reduce global warming
Energy Independence
Hedge Against electricity tariff (increment)
An Investment In Savings
15%~30% Energy Saving ROI (Yearly)
Increase Property values
Utilise roof space of property to generate extra income
Government Incentives*
Green Incentive Tax Allowance
Reduce Energy Cost
By Net Energy Metering, the energy generated by your PV Solar System will be directly consumed. Any excess energy will be exported to TNB electric grid. All energy exported to the grid, TNB will give you credit, which will use offset your electricity Bill
The export excess energy or unit are culculated ascending order according to your residential or commercial tariff (one to one basis).
Your energy export will reflected in your TNB Bill.
Total Energy harvested will be recorded in your Solar Inverter record. The data can be access through your Inverter apps.
RETURN OF INVESTMENT
Comparison Between Solar PV Investment Vs Fixed Deposit
DOUBLE TAX INCENTIVE
Special Incentive for Commercial & Industrial
Claim reliefs of Capital Allowance and Green Investment tax Allowance can be up to max of 48% of the PV Solar system cost hence bringing much greater returns on your investment.
1. Claims 100% on 1st year is allowed, if 70% of taxable statutory income is more than GITA value.
2. GITA Claims is subject to MIDA approval.
3. Assumption the Company Tax rate is 24%
Better Enviroment
Solar PV Solar system is one of the renewable energy which is capable to provide us the abundance of energy for our daily needs. It also has been proven that the PV solar system is reliable, cost effective and one of the energy source that could tremendously reduce the global warning with very low of green house gases emission when compare to others type of energy source like coal and natural gas.