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 Solar Panel for House, Have you install?

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ronnie
post Dec 5 2023, 08:20 AM

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Wait for new quota to be open by Minister
ronnie
post Dec 5 2023, 09:09 AM

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QUOTE(kkkw80 @ Dec 5 2023, 08:56 AM)
I've a friend who is certified ASHRAE and Energy Manager, he advise its not worth it now to get solar installed. Earlier yes.

I've calculated mine, ROI 7 years is just not worth it.
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previously was even longer to ROI 10+ years...
As you wait longer the price of solar cell drops, competition will drive down the price, ROI will get shorter. that's normaql.
ronnie
post Dec 5 2023, 09:39 AM

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QUOTE(alexei @ Dec 5 2023, 09:37 AM)
What we're thought, is that solar price will decrease and duration to ROI will decrease. This was correct, but the ROI heavily depended on the scheme provided by TNB. Last time, RM10~12k/kW now Rm4~5k/kW. Solar price did go down, but ROI was longer.

Moving forward, solar price will keep going down, or the technology gets better. Electricity tariff heavily depends on cost of fuel, and subsidy. Right now, fuel subsidy and electricity subsidy is going to cut. Biggest question will be, what is the NEM to discount ratio? The economics of solar will 'self balance' between solar vendors pricing vs TNB scheme. Otherwise, everybody will rush to installing solar and we end up like Australia.

In short, I foresee ROI will maintain between 7~10 years no matter the solar technology or pricing, unless something distruptive comes along.
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Disruptive : Tesla Solar ?
ronnie
post Dec 5 2023, 10:09 AM

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Solar & EV is the future.... do it now and enjoy the fruits earlier than those who stays behind "wait & see"
ronnie
post Dec 5 2023, 01:28 PM

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Malaysia's Solar yield is lower because of higher cloud coverage... seldom see blue sky with zero clouds.
ronnie
post Dec 14 2023, 01:04 PM

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QUOTE(nyunyu @ Dec 14 2023, 12:38 PM)
Guys, if someone bought a house that the previous owner had installed some kind of power saving mod, I think it was at the the meter, will the new owner get in trouble when they want to install solar system at the house? They could not see anything wrong with the meter though.
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immediately change a new METER with new TNB account
ronnie
post Jan 8 2024, 11:13 AM

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user posted image

Google for it...and clarify


 

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