Payment Method
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Outright Purchase |
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CASH
➤ One-off payment
➤ Homeowner / Businessowner is the
system owner |
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Solar Leasing |
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Solar Leasing
➤ Worry-Free Maintenance & Performance
➤ Longer payback period
➤ Fixed Monthly payment (RM)
- You pay a fixed monthly "rent" in return
for the use of the PV system
➤ Installation done by Investor's
EPC contractors
➤ System owned by after lease period end |
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Lease Plan |
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Lease Plan
➤ Flexible monthly payments for a fixed tenure.
➤ Lower upfront costs compared to outright purchases.
➤ Includes professional installation and performance monitoring.
➤ Option to upgrade or transfer ownership at the end of the term.
➤ Predictable energy expenses with minimal initial investment. |
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Credit Card |
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Credit Card
➤ 0% interest for Maybank & Public Bank
credit card users and can installment
for 2 years.
➤ Others bank credit card users also can
installment for 2 years with interest. |
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SPPA (POWER PURCHASE AGREEMENT) |
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SPPA (POWER PURCHASE AGREEMENT)
➤ Upfront payment is negotiable and based
on agreement between investors
and consumers
➤ Worry-Free Maintenance & Performance
➤ Payment in Energy (RM/kWh) - You will pay
for solar energy generated (RM/kWh) from
the PV system
➤ Longer payback period
➤ Installation done by the Investor's
EPC contractors
➤ System is owned by the Investor |
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Bank Loan |
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Bank Loan
➤ Payment based on system cost & interest
rate
➤ Period of Payment term can be vary
➤ Fixed monthly payment
➤ Upfront cost depends on system cost
➤ Homeowner / Businessowner is
system owner
➤ Maintenance and the performance based
on Manufacturer |
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Personal Loan |
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Personal Loan
➤ Fast approval process with minimal documentation.
➤ Financing provided by major banking institutions.
➤ Homeowner/Business owner retains full ownership of the system.
➤ Repayment terms tailored to your monthly budget.
➤ Flexibility to use the funds for both hardware and installation costs. |
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Supply Agreement of Renewable Energy |
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SARE
➤ Tripartite agreement : Consumer, Investor
& TNB
➤ Collection of payment through electricity bill
➤ TNB charges 2 sen/kWh for service fee
➤ Non-Payment of outstanding amount -
TNB may disconnect the power supply
( ESA Act Sec.29 ) |
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