Additional 500kW quota is finished within half day as well. Yup a lot of last minute application.

That is not much people apply. 790+500 = 1290kw. If average house apply for 5kw, there is only 258 house apply for whole malaysia.

Another Bank is going to officially launch loan programme for solar today. I've heard its Bank Muamalat. See how the rate fares

Do this kind of loan require lawyer processing fee?

Legal fees not sure. My colleague have a friend doing this FiT things, he say the loan need to have your house grant or some gurantor. I did not get more detail of it, maybe someone interested need to find out more.

What I know is the house must under your name. Some house strata or house title document. But gurantor ?

Since this kind of loan under BLR and some long yrs loan, legal processing probably need. That can be thousand RM.

http://www.muamalat.com.my/downloads/media...PV-FIT-PLAN.pdf

Link is to the details of new product from Bank Mualamat. It uses home refinancing. As it states, the bank absorb legal fees and for a promo special rate? I dunno how that translate exactly.

Bank Muamalat appears to be a refinancing package? Any bank in Malaysia would be happy to do a refinancing package....

Key question is the interest rate, tenure and how long to get it approved...

I installed the 4kw in my house and start commissioning since 9th May 2013

My System as follow
Panel: Canadian solar CS6P 250W x16pcs
Inventer: SMA 4000TL
DB Box System:ABB product

System generated as follow (average per month)
May:15.595125KWh
June:15.40236667KWh
July:13.89006452KWh




Attached thumbnail(s)

average 15KWH per month? or per day, per month is extremely low

Average per day. The system Projected average per year RM 6606.00 which translate to RM 550.50 Per Month

This post has been edited by Solar freak: Aug 23 2013, 12:27 AM

What is your total cost investment? And your project of ROI?

If investment is 60K, need 9.08 year to return modal.
not yet calculate maintenance cost also.
Seems like not worth

My total cost RM 42,500 with Break even at 6.4yrs Form what I projected inclusive maintenance and efficiency drop 1% per yr at the end of 21st year My Gain is RM 67,615

Solar

44,000.00 Dividend Degradation
50,605.89 6,605.89 0%
57,112.68 6,506.80 98.5%
63,520.39 6,407.71 97.0%
69,829.01 6,308.62 95.5%
76,038.54 6,209.53 94.0%
82,148.99 6,110.44 92.5%
88,160.34 6,011.36 91.0%
94,072.61 5,912.27 89.5%
99,885.79 5,813.18 88.0%
105,599.88 5,714.09 86.5%
111,214.88 5,615.00 85.0%
116,730.80 5,515.91 83.5%
122,147.62 5,416.83 82.0%
127,465.36 5,317.74 80.5%
132,684.01 5,218.65 79.0%
137,803.57 5,119.56 77.5%
142,824.04 5,020.47 76.0%
147,745.43 4,921.38 74.5%
152,567.72 4,822.30 73.0%
157,290.93 4,723.21 71.5%
161,915.05 4,624.12 70.0%
67,615.05

TNB Pay me 9/5/13~17/6/13 RM 863.60 and 18/6/13~1/8/13 RM 866 with average RM 20.58 per day It higher than what Vendor quoted to me RM 550/Mth compare now RM 617/Mth

Are you vendor brother? ur username looks suspicious to me haha.
How much ur monthly repayment now?

This post has been edited by sovietmah: Aug 28 2013, 11:29 AM

How much your estimate tax per yrs from the income?

Bro No Lar I 'm not vendor but to share my knowledge to you guys ler

I also construction freak, Water related freak and machinery freak also

This post has been edited by Solar freak: Aug 28 2013, 01:57 PM

So far No tax I see under the TNB Billing

TNB Pay me 9/5/13~17/6/13 RM 863.60 on 31/7/2013 and 18/6/13~1/8/13 RM 866 not pay yet