Sept 25, (MalaysiaKini) — The Sustainable Energy Development Authority (SEDA) of Malaysian has announced that applications for its Solar Home Rooftop Programme will be accepted from September 24. The Authority will allocate 2,000kW of solar PV for the fourth quarter of 2012 and 6,000kW for 2013 to homeowners.
SEDA chairman Tan Sri Dr Fong Chann Onn said that the programme is available to individual residents who will only be permitted to submit one application per day. Each application must comply with the Renewable Energy Rules 2011 and Administrative Guidelines as set out under the country’s Renewable Energy Act.
Feed-in tariff rates range from €0.311 for installations up to and including 4kW and €0.215 for systems with an installed capacity of above 10MW and up to and including 30MW. Bonus FiT rates are also offered for BIPV installations and using locally manufactured products.
The FiT rates for all renewable resources (except for small hydropower) suffer from an annual degression rate, occurring at the beginning of each calendar year from 2013 onwards. SEDA has estimated that homeowners could expect to get a return on their investment after six years, which could earn them an average of €126 per month for 21 years.