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Solar Battery Rebate Calculator Malaysia

Rebate Formula:

\[ \text{Rebate (\$)} = \min(4000, \text{Battery Cost (\$)} \times 0.3) \]

RM

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1. What is the Malaysia Solar Battery Rebate?

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.

2. How Does the Calculator Work?

The calculator uses the following formula:

\[ \text{Rebate (\$)} = \min(4000, \text{Battery Cost (\$)} \times 0.3) \]

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.

3. Importance of the Rebate

Details: This rebate helps make solar energy storage more affordable, encouraging adoption of renewable energy solutions and reducing reliance on the grid.

4. Using the Calculator

Tips: Enter the total cost of your solar battery system in RM. The calculator will automatically determine your eligible rebate amount.

5. Frequently Asked Questions (FAQ)

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.

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