Solar Panel Financing Malaysia
Solar panel malaysia offers quick and fast financing options for your residential solar panel installation.
Solar panel financing malaysia. Financing for commercial installations if you are planning to grow your business by generating your own electricity from your roof. Ever since the implementation of the feed in tariff in december 2011 the seda malaysia has approved 1 297 applications in the solar pv sector. Solar marketplace malaysia with good roi. The variety of flexible plans we offer will enable you to easily start generating your own electricity.
They re the first in the country to provide this type of loan which aims to give affordable financing scheme for solar pv panels at a lower interest rate. A solar panel is made of many solar cells wired together to convert the light from the sun to produce an electric current. The alliance bank bhd s solar panel financing open the doors to encouraging more organizations in promoting solar panel usage for various residences. Financing for residential installations if you have decided to go solar and assuming you don t have the cash to buy a solar pv system today then opting for a flexible financing plan makes total sense.
These loans are financed by local and state governments to facilitate energy efficient upgrades including solar panels. It may sound a little expensive but considering the long term profit malaysia fit offers return of investment surely looks favorable. Advantages flexi payment plan manage better cash flow in business offset your monthly sky high. Return surplus electricity to the grid and save more on your tnb bill.
The various benefits of using them. The bank in collaboration with seda malaysia has launched their home complete plus solar panel financing yesterday june 16th. 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. One type of loan that s popular for financing solar panels in certain areas of the country is a property assessed clean energy pace loan.
We at solar system malaysia can assist in financing options for commercial type installations. Cimb financing options seda and nem supported. When you get a pace loan a lien is placed on your property until the loan is paid off. As a commercial customers can potentially enjoy the following.
Cost for solar panel installation the above image is a sample set of home solar pv which is expected to cost around rm60 000.