Savings Formula:
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This calculator estimates potential savings from solar panel and battery systems in Malaysia based on your solar yield, current electricity tariff, and time period.
The calculator uses the following formula:
Where:
Explanation: The equation calculates cumulative savings by multiplying your solar production by the current electricity rate over your specified time period.
Details: Accurate savings estimation helps in evaluating the financial benefits of solar investments and planning your return on investment period.
Tips: Enter your estimated solar yield in kWh, current MY tariff rate in RM/kWh, and number of years. All values must be positive numbers.
Q1: Where can I find my solar yield estimate?
A: Your solar installer should provide this based on your system size, location, and roof orientation.
Q2: What is the current MY tariff rate?
A: Check with TNB or your electricity provider for the latest tariff rates which vary by consumption tier.
Q3: Does this include battery savings?
A: This calculates savings from solar production. Battery savings would require additional calculations for stored energy usage.
Q4: Are there other factors affecting actual savings?
A: Yes, including system degradation, changing electricity rates, maintenance costs, and your consumption patterns.
Q5: How accurate is this estimate?
A: It provides a basic estimate. For precise figures, consult with a solar energy professional who can account for all variables.