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Last Updated on 25 Nov, 2024

Last Chance to get RM4,000 Cash Rebate
Additional Quota for NEM 3.0

The Net Energy Metering (NEM 3.0) Rakyat initiative has reached its initial 350 MW quota, fully subscribed by September 11, 2024. In response to the overwhelming demand, the Sustainable Energy Development Authority (SEDA) has announced an additional 50 MW quota available from September 20 2024. This additional quota was fully redeemed by mid-November 2024.

To further encourage the adoption of renewable energy, SEDA Malaysia has announced another round of extension for the NEM 3.0 program with an additional 50 MW quota for NEM Rakyat on November 25.

The program will now remain in effect until June 30, 2025, or until it reaches a total of 450 MW, whichever comes first.

Read more..

10%
left
Quota Balance
48MWac
or
Registration open till
30 June 2025
What is NEM 3.0?

Frequently Asked Questions

Under the NEM Rakyat Programme, Domestic Consumer(s) who has a solar PV installation on the roof-top of their premises will consume the energy produced first, and any excess will be exported to the TNB grid. The credit to be received for such excess energy will be used to offset part of the electricity bill on a “one-on-one” offset basis for a period of ten (10) years of operation.

Under this program, any excess energy generated will be exported to the utility grid and will be paid on a “one-on-one” offset basis. The priority is for self-consumption, however most of domestic consumers may not be at home during the weekdays and may have excess energy exported to the grid. The credit shall be allowed to roll over for a maximum of 12 months.
As of today, a typical residential solar system can cost anywhere from RM14,000 to RM46,000. The price varies depending on factors like the type of electricity supply, roof size, and most importantly, how much electricity you want to generate—and ultimately, how much you wish to save on your electricity bill.
Solar For Rakyat Incentive Scheme, SolaRIS is an incentive programme launched by the Government aimed at attracting new installations of solar photovoltaic (PV) systems in residential premises. This programme supports the government’s goal of increasing renewable energy capacity in the electricity supply system to 70% by the year 2050 and reducing carbon emissions.

A cash rebate of up to RM4,000 will be given to residential customers who submit Net Energy Metering (NEM) application to Sustainable Energy Development Authority (SEDA) Malaysia from 1 April 2024 onwards and successfully commission their solar PV system installations with TNB.
The rebate allocation is on a first-come, first-served basis from 1 April until 31 December 2024. To qualify, customers must successfully commission their solar PV system installations by 31 March 2025, or until all SolaRIS rebate quotas are fully distributed, whichever comes first.

Most solar providers will assist with the registration on your behalf.
As of now, we are unsure what will happen with NEM 4.0 or if the government will launch another cash incentive after December 31, 2024. 

However, we will continue to provide the latest information and help you find the best solar provider to save on your electricity bill.

There are more than 20 solar providers in Malaysia, and their offerings can vary. We suggest considering their reputation, reviews, experience, and the warranties provided for hardware like solar panels and inverters, as these significantly impact the performance of your solar system.

Generally, the performance warranty for solar panels should be at least 30 years, and for inverters, at least 10 years.

However, SolarGuide is here to help you pick the best solar provider based on your needs. Get a free proposal now!

You can install solar panels on all types of landed properties, such as terrace houses, semi-detached homes, bungalows, shoplots, or factories, as long as you 'own' the roof.
Unfortunately, the answer is no. The roof is considered part of the building's common property, so it's not owned by you personally.

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