According to the media statement released by the YAB Deputy Prime Minister and Minister of Energy Transition and Water Transformation (PETRA) on 27 March 2024, the government has introduced a specific incentive program to encourage the installation of solar PV systems for domestic consumers known as the Solar for Rakyat Incentive Scheme (SolaRIS). The key features of SolaRIS are the following:
- One time cash rebate: RM1,000/kWac up to a maximum of RM4,000 for NEM Rakyat customers who apply and obtain from 1 April 2024 onwards.
*Subject to the terms and conditions of the SolaRIS programme. - Rebate allocation is on a first come, first served basis from 1 April until 31 December 2024 and successfully commission their solar PV system installations by 31 March 2025, or until all SolaRIS rebate quotas are fully distributed, which ever come first.
- The rebate will be transferred to the preferred local bank account under the registered TNB customer after receiving an email from TNB for SolaRIS application.
For more information, please visit TNB website at https://www.tnb.com.my/solar-for-rakyat-incentive-scheme-solaris