How Solar System Works?
- Solar Panels converts Sunlight into Electricity energy.
- The Solar Inverter converts the electricity produced by the solar panel from direct current (DC) to alternating current (AC) for household appliances or business uses.
- The Network meter records energy usage and excess energy produced.
- Excess energy not used by the house or premise is exported back to the Electric Grid.
*illustration for Grid-connected Solar Rooftop System
*NEM is regulated by the Energy Commission (EC), with Sustainable Energy Development Authority (SEDA) Malaysia as the implementing agency.
Understanding NEM in 3 Questions
A mechanism to allow self-consumption of electricity generated by Solar Photo voltaic (PV) system, and sell excess of energy (kWh) to the Electric Grid at an “One-on-one offset” gazetted tariff.
“One-on-one offset” is introduced. It means every 1 kWh exported to the Grid will be offset against 1 kWh consumed from the Grid with gazetted tariff.
It helps your home or business to reduce electricity bills, protect against future energy rising cost. For commercial/business, you would enjoy Green Energy Tax incentives too!
I heard about Solar Tax Incentives, can you share the details?
Commercial & Industrial owner can enjoy up to 48% in Tax Deduction with Solar PV installation. Find out more from here or contact us for more details.