Rebate Formula:
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The Malaysia solar battery rebate program provides financial incentives for homeowners to install solar battery storage systems. The rebate covers 30% of the battery cost, up to a maximum of RM4000.
The calculator uses the following formula:
Where:
Explanation: The rebate is calculated as 30% of the battery cost, but will never exceed RM4000, even if 30% of the cost would be higher.
Details: This rebate helps make solar energy storage more affordable, encouraging adoption of renewable energy solutions and reducing reliance on the grid.
Tips: Enter the total cost of your solar battery system in RM. The calculator will automatically determine your eligible rebate amount.
Q1: What types of batteries qualify for the rebate?
A: The rebate applies to approved solar energy storage batteries installed as part of a residential solar power system.
Q2: Is there an income limit to qualify?
A: Currently, there is no income limit for this rebate program.
Q3: Can I combine this with other solar incentives?
A: Yes, this rebate can typically be combined with other solar incentives, but check with your installer for specific program rules.
Q4: How do I claim the rebate?
A: Your solar installer will typically handle the rebate paperwork as part of the installation process.
Q5: Is there an expiration date for this rebate?
A: The rebate program is ongoing but subject to available funding. Check with SEDA Malaysia for current status.