The Power
Is In Our Hands

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Solar PV contractor in Malaysia

Nowadays, most electricity is produced by burning ‘dirtier’ fuels like coal, gas, and oil. While fluctuating power prices are caused by fuel price uncertainty, the irreparable damage to the environment caused by greenhouse gas emissions is equally worrisome.

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Now is the time to address two critical issues: fulfilling our ever-increasing energy needs while also working to protect our mother earth. Is it possible? The answer, as it turns out, is in the sun.

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Solar PV systems use the sun to generate clean energy. This enables you to meet your energy requirements while also contributing to the creation of a greener and more sustainable environment. Invest in your future by purchasing a PEGS (Potential Excelerate Group Synergy) rooftop Solar PV system and begin saving money on electricity while helping to create a prosperous and sustainable future for all.

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FAQ

Tell me about PEGS

PEGS (Potential Excelerate Group Synergy) is a subsidiary of PEGH and C&D Renergy that focuses on green retail generation business. At the moment, our focus is in the investment of rooftop Solar PV for all retail customers.

How does this scheme works?

We install a solar PV system on your rooftop. The energy generated by solar will be used by your house to power all the electrical appliances. That means you buy less from TNB whenever the sun is shining.

If there is an excess or balance of energy, it will automatically flow to the TNB grid. And if your installation is packaged with NEM, you will get credit for the excess energy to further reduce your bill. The rate of selling to TNB is the same rate as buying.

I am interested to install solar and sell back the excess to TNB.

PEGS is offering a package that includes NEM where the house/building consumes the solar energy first and sells the excess to TNB and get credit for it.

We have 2 specific programs for customers:

  1. Residential customers
    For Residential customers, we offer a standard package of 3,5,6,8,10,12 and 15 kWp systems. Nevertheless, we do cater for bigger size installations after site assessment is made.
    There are 3 payment options available:
  • Cash Purchase – pay lump sum amount
  • Credit Card – We have a special instalment plan with Maybank for 12, 24 and 36 months. For other banks, only the one-off swipe is available.
  • Personal Loan – Finance the PV system via a personal loan. Choose your preferred bank. Special rate by Bank Islam for GLC employees.
  1. Commercial & Industrial (C&I) customers
  • For C&I customers, we have a special payment plan called SPPA.
  • Key features of SPPA are:
    1. Investment will be done by PEGS, hence ZERO Capex/No upfront cost from the customer.
    2. Solar tariff will be discussed between the customer and PEGS. The intention is to offer a lower tariff than the grid tariff, hence providing IMMEDIATE electricity cost savings for the customer.
    3. The solar tariff could be fixed throughout the tenure, hence providing hedging for a future grid tariff increase.
    4. If there is additional energy expected to be supplied to the grid, we would highly recommend for the customer to sign up with the Net Energy Meter program (NEM). Under NEM, the excess energy generated by solar and exported to the grid will be on a one-on-one offset i.e., no difference in the sale and purchase prices of electricity. You can read more about NEM at www.seda.gov.my
    5. Maintenance of the Solar PV system will be taken care of throughout the contract period.

Other payment plans, for example, cash, are also available for C&I customers.

I want to pay cash for my solar PV installation. How much is your package?

At the moment, our package price ranges from RM18,900 (for 3kWp) to RM78,800 (for 15kWp) for an outright purchase. Please register your interest on our website here.

What is NEM (Net Energy Metering) and how does it work?

The concept of NEM is that the energy produced from the solar PV system installed will be consumed first, and any excess to be exported to the distribution licensee (such as TNB /SESB).

The priority is for self-consumption, however, some premises, especially industry or manufacturing companies that may not be operating during the weekends may have excess energy exported to the grid.

In return, customers’ accounts will be credited at the prevailing customer rate based on the 1:1 NEM announced by the YB Minister earlier. The credit shall be allowed to roll over for a maximum of 24 months. Read more about NEM at the SEDA website.

What is the difference between FIT and NEM?

In simple terminology, in Malaysia, the Feed-In Tariff (FIT) scheme allows the customers who are the Feed-in Approval Holders (FIAHs) to sell all electricity produced from Renewables resources to Distribution Licensee, such as TNB at the FIT rate.

In Net Energy Metering (NEM), on the other hand, the electricity produced by the solar PV system must be consumed first, and only excess can be exported to the grid at one to one rate.

You may read more about FIT and NEM at www.seda.gov.my