Directory/Malaysia/GSPARX (TNB Subsidiary)

GSPARX (TNB Subsidiary)

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Kuala Lumpur, Kuala Lumpur, Malaysia
4.2(234 reviews)
Est. 2018
Serves 100km radius

About

Founded in 2018 as a subsidiary of Tenaga Nasional Berhad (TNB), GSPARX helps Malaysian customers adopt solar power. Backed by TNB, they offer three flexible financing methods: outright purchase, credit card installment, or personal loan.

Solar Market in Malaysia

Electricity Rate
RM0.35
per kWh
Solar Buyback Rate
RM0.31
per kWh
Peak Sun Hours
4.4h
daily average
Panel Cost
RM1,600
per kW installed
Est. Annual Savings
RM3,373
6kW system

Available Solar Incentives in Malaysia

net metering

Malaysia Net Energy Metering (NEM)

100%

NEM program allows solar owners to sell surplus electricity to TNB at the displaced cost of electricity. Applicable for residential, commercial, and industrial customers.

Source
rebate

Malaysia NEM Rakyat (SolaRIS Rebate)

RM4,000 (up to RM4,000)

Solar for Rakyat Incentive Scheme (SolaRIS) offers a rebate of up to MYR 4,000 for residential solar installations registered under NEM Rakyat net metering program.

Source
tax credit

Malaysia GITA for Solar (60% Tax Allowance)

60%

Green Investment Tax Allowance (GITA) provides 60% tax allowance on qualifying capital expenditure for solar PV and other green technology investments by companies.

Valid until 12/31/2026Source

Contact

+60-3-2772-7888[email protected]Visit Website

Address

Kuala Lumpur, Malaysia

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