Embrace Solar PV in Malaysia: Government Direction and Escape TNB ICPT Tariff Hike Demands Renewable Solutions!
![aerial footage of solar panels](https://aharconsultants.com.my/wp-content/uploads/2023/06/pexels-photo-9799731.jpeg)
TNB ICPT is NOW a Tariff A Residential!
The current government direction in Malaysia, coupled with the recent hike in TNB ICPT tariff, underscores the urgent need for embracing Solar PV as a sustainable and cost-effective solution. An average consumption of RM 0.35 and ICPT of RM 0.20 makes the rate now is rocketing to RM 0.55 on each kWhr consumed. Here’s why you should consider adopting Solar PV in light of these developments:
Government Support and Incentives: The Malaysian government has placed a strong emphasis on renewable energy, including Solar PV, as part of its sustainable development goals. Various incentives and initiatives have been introduced to encourage the adoption of Solar PV systems. These include feed-in tariffs, tax exemptions, grants, and net energy metering schemes. By going solar, you can benefit from these government-driven incentives and reduce the impact of the TNB tariff hike.
Energy Independence and Cost Control: The recent TNB tariff hike has resulted in increased electricity costs for households and businesses. By installing Solar PV systems, you can generate your own clean energy and reduce your reliance on the grid. Solar PV enables you to take control of your energy consumption and hedge against future tariff increases. With a well-designed and properly sized Solar PV system, you can significantly reduce your monthly electricity bills and achieve long-term cost savings.
Environmental Responsibility: Malaysia, like many other countries, is committed to mitigating climate change and reducing carbon emissions. Solar PV is a renewable energy source that produces electricity without harmful greenhouse gas emissions. By transitioning to Solar PV, you actively contribute to environmental sustainability and help Malaysia achieve its renewable energy targets. It’s a tangible way to make a positive impact and create a greener future for the nation.
Energy Security and Reliability: Solar PV offers a decentralized energy generation model, ensuring greater energy security. It reduces dependence on traditional fossil fuel sources and the potential risks associated with power disruptions. With Solar PV, you have a reliable and self-sustaining energy source that can provide electricity during grid outages, contributing to a more resilient and robust energy infrastructure.
Long-Term Financial Returns: Solar PV installations are long-term investments that deliver attractive financial returns. With proper system design and installation, Solar PV systems can generate electricity for 25 years or more. This translates into substantial savings over time, offsetting the impact of TNB tariff hikes. Moreover, surplus electricity generated by your Solar PV system can be sold back to the grid, creating an additional income stream.
Embrace Solar PV in Malaysia to align with the government’s renewable energy direction, combat the recent TNB tariff hike, and secure a sustainable future. Take advantage of government incentives, gain energy independence, contribute to environmental responsibility, and enjoy long-term financial returns. Contact us today to explore how Solar PV can transform your energy consumption and make a positive impact on Malaysia’s renewable energy goals!
AHAR Consultants PLT is a Engineering Consulting firm who can help you in doing feasibility study, technical and commercial assessment for Solar PV System. It’s a one stop center from project acceptation to the commissioning of the Solar PV System. Our existing and previous client speaks on our durability of services.