{"id":53720,"date":"2022-08-16T17:00:27","date_gmt":"2022-08-16T09:00:27","guid":{"rendered":"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/?p=53720"},"modified":"2022-08-19T15:35:45","modified_gmt":"2022-08-19T07:35:45","slug":"solar-panels-cost","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/solar-panels-cost","title":{"rendered":"Want To Lower Your Electricity Bill? Try Solar Panels!"},"content":{"rendered":"

Does it makes financial sense to install solar power for your home?<\/p>\n

If you have some spare land or a nice, wide roof on your home, why not put it to good use. Of course, there is nothing wrong with letting it just sit there as well, but you could also benefit from all that extra space.<\/span><\/p>\n

According to the Ministry of Energy, Science, Technology, Environment and Climate Change, there are over <\/span>4.12 million buildings<\/span><\/a> with solar rooftop potential in Peninsular Malaysia.<\/span><\/p>\n

If every one of those rooftops had rooftop solar installed, just think of how much energy Malaysia could generate a year! Not to mention the amount of money you could save on the electricity bill.<\/span><\/p>\n

<\/span>How much will it cost to install?<\/b><\/span><\/h2>\n

Unfortunately, there is no easy answer when it comes to pricing. It can vary heavily based on the installation\u2019s size, the make and quality of the solar panels being installed, and the particular scheme or package you chose to handle the installation. Different companies may also have different pricing as well.<\/span><\/p>\n

A standard residential installation could vary from 4kW to 12kW, with costs ranging from between <\/span>RM16,000 to RM23,000<\/span><\/a> for a basic system of 3kW. However, do note that this is just a general estimate. Each individual provider will have their own calculation and estimates on installation prices. You should be able to find a calculator on their respective websites to formulate a more accurate quotation for your specific needs.<\/span><\/p>\n

If you are not sure where to start, here is a list of a few solar panel providers for you to consider. It should give you an idea of the price range and the available services that come with the product.<\/span><\/p>\n