Residential Solar Quota

By installing a home solar system, house owners can now sell home solar electricity to SESB. SEDA Malaysia FiT incentive provides a fixed rate to the electricity generator (e.g. house owners) for every kilowatt hour (kWh) of electricity generated and exported to the grid. This rate provided under FiT is at a premium over the electricity rate that is being paid to SESB as it is an incentive for the generation of renewable green clean energy. Install a home solar electricity system by installing home solar panels to generate clean electricity and earn passive income as SESB will buy back the energy from you. Returns On Home Solar PV Investment Passive Income of RM500-650 per month (RM6,000-8,000 per annum) Under the proposed RE Act, the RE power system ( Solar PV, Biomass, Biogas, and Small-Hydro) can enjoy the feed-in tariff rate. The following is the returns illustration given by MBIPV as illustrated in its FAQ. One of the leading Newspaper quoted an example of Solar PV systems can earn RM696 a month from a 4KW solar installation. The following is the supporting computation : A 4 kWp Solar BIPV = RM40,000 (Cost of Capital Expenditure – Capex). The Solar PV system can generate 500 kWh (yield per month) x 1.20 (FiT rate for 4 kW with BIPV) = RM600 per month (payment received from SESB) BIPV = Income(yearly) 1. 4Kwp = RM 6,000 -RM8,000 2. 6Kwp = RM 9,000 -RM11,000 3. 8Kwp = RM 12,000-RM15,000 4. 12Kwp = RM 18,000-RM21,000