The government of Malaysia has announced a new rebate scheme for home solar installations.
The Sustainable Rebate and Incentive Assistance (SuRIA) Home initiative will offer home solar owners a rebate of MYS 600 ($151.27)/kWac, up to a maximum MYS 3,000 per household for a 5 kWac system.
To be eligible for the rebate, homeowners must have installed the solar system under Malaysia’s new net metering scheme for rooftop PV, the Solar Accelerated Transition Action Program, which rolled out earlier this year. The solar installer must have been registered with Malaysia’s Sustainable Energy Development Authority, while Malaysian electricity company Tenaga Nasional Berhad must have commissioned the installation.
The initiative will open on June 1 on a first come first served basis. It will run until the end of the year, or until a national 250 MW quota has been filled.
A total budget of MYS 120 million has been allocated which, according to a dedicated webpage for the initiative, is expected to support between 45,000 and 50,000 homeowners.
Malaysia added 1.4 GW of solar last year, taking cumulative capacity to in excess of 5.7 GW.
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