the tax is a real downer. i had my plans all ready to replace the entire roof, secured the loan and then only noticed that i'll have to pay tax on the income.
that slashed my revenue by 23%. now ideal ROI is only around 6% at best, most likely less due to possible shading and other issues. and i still have to minus insurance on the panels, maintenance and stash away for possible replacement needs. so even before (internal) write off of the panel investment ROI goes way down and can barely reach 5% - 4% looks more like a real life figure. loan is more expensive than that so I guess I'll cancel my plans.

looks like if you want to benefit financially in any way from FiT you will need to have a company run the solar power generation. very sad - was hoping that doing something green is finally financially benefitial too but noooo

You got to shift your house to technology park or cyberjaya. Or stay at klcc.

Again you only have 5 yrs free tax.

the tax is a real downer. i had my plans all ready to replace the entire roof, secured the loan and then only noticed that i'll have to pay tax on the income.
that slashed my revenue by 23%. now ideal ROI is only around 6% at best, most likely less due to possible shading and other issues. and i still have to minus insurance on the panels, maintenance and stash away for possible replacement needs. so even before (internal) write off of the panel investment ROI goes way down and can barely reach 5% - 4% looks more like a real life figure. loan is more expensive than that so I guess I'll cancel my plans.

looks like if you want to benefit financially in any way from FiT you will need to have a company run the solar power generation. very sad - was hoping that doing something green is finally financially benefitial too but noooo

Applicants rush for special solar PV tariff
 
PETALING JAYA, DECEMBER 2 (The Star) -- Within the first 24 hours of opening, applications for the special tariff allocation for almost all the capacity of solar photovoltaic (PV) renewable energy projects had been applied for.

According to Sustainable Energy Development Authority Malaysia (Seda), applications for 140.6MW in cumulative installed capacity for solar energy had been received.

The quota for producing solar PV for non-individual applicants (including corporations) has been taken up for the next three years. It should be noted that these applications will be processed within 14 days by Seda and if there are unsuccessful applicants, their allocation may be up for grabs again. For individual applicants, another 11.41MW was available as of yesterday afternoon.

To recall, under the Renewable Energy Act 2011, Tenaga Nasional Bhd is obliged to buy renewable power produced by licensed players at special rates. The rates are known as the “feed-in-tariff” (FiT), and refer to the idea of producers selling their energy to the power grid.

In total, Seda received 168 applications wanting to secure the FiT through various forms of renewable technology, ranging from solar to biomass and biogas to mini-hydro. This was as at 1.45 pm yesterday.

Of the applications, 146 or 87% were from parties wanting to produce and sell solar power. There were six applications for biomass and eight each for biogas and mini-hydro.

The FiT will be awarded on a first-come, first-served basis, which explained the rush by renewable energy players in their applications.

When contacted, Energy, Green Technology and Water Minister Datuk Seri Peter Chin said as expected there was so much interest in solar PV that the quota was exhausted soon after with only a small portion left pertaining to small household connections.

“As regards to other renewable energy sources such as biomass, biogas and mini hydro, the response or demand has been rather quiet and parties who are interested should look into these areas and submit their bids online.

“Overall, the computer system seems to hold up quite well and there should not be any further problem. In any case, I visited Seda and was briefed by the chief executive officer who had been instructed to get as much feedback as possible and to fine-tune the system,” Chin said.

Really good info here. Real bummer on the tax rates. Just curious, who will be the suppliers for the panels and systems? Are these companies really capable?

how about off-grid (own consumption)? anybody doing it? how much the costing for 1 double storey house? or maybe 1 medium size room (e.g powering 1 fan,1 light,1 desktop pc,etc)

how about off-grid (own consumption)? anybody doing it? how much the costing for 1 double storey house? or maybe 1 medium size room (e.g powering 1 fan,1 light,1 desktop pc,etc)

ozak, try look into australia; currently they selling off their stock pile cos of solar rebate freeze & cancellation due to flip flop govt policy.

Thanks. My friend did told me about Aus solar FIT tariff policy now when I visit there last few months. But if include shipping cost , will it cheaper than here?

im nt sure but you can try check up forwarding. For Malaysia; there is alot of un-answered in implementing it. Do it totally include tax rebate; or free tax & where consumer can get it so it can include into the CApex of the design..