There is this renewable energy fund of 1.6% in our monthly TNB bill which consumers have to contribute. It goes towards subsidising the f.i.t. tariff. But for most of us not in the f.i.t. scheme it is a lose lose situation.
" In the land of the blind the one-eyed-jack is king."
Just to share with those interested in this renewable energy feed in tariff with TNB....Invested RM230K, averaging RM3,000.00 per month credited directly by TNB into bank account for the next 20 years...go and google and figure out the IRR and decide yrself if this is the worthy investment for you otherwise bring yr money and invest into some other scheme lah...The above scheme was approved and done 2 years ago at Tariff rate of RM1.37 per KW from TNB....Now, I believed the tariff rate already dropped to around RM1.10 per KW and of course the price for installing the solar panel system per KW also comes down...
When the panels are about to expire can we sell them to 1MDB?
Naka, please tell us more about solar energy panel usage in Oz. Is it very popular? How many households have installed solar panels? Thanks, bud!
"Choose a job you love, and you will never have to work a day in your life." --- Confucius
I was looking into this also for lights but still costly here