Solar Panel Loans and Incentives for Homeowners in Malaysia
November 15, 2019
Using Solar Power For Agriculture
January 15, 2020
Solar energy is the power provided by the sun. It is the technology that turns sunlight directly into electricity.
Many in Malaysia and around the world are installing solar panel systems to benefit from this clean, renewable energy power. According to Energy, Science, Technology, Environment and Climate Change Minister, Ms Yeo Bee Yin, Malaysia can produce 1.4 times more electricity if all the roofs in Peninsular Malaysia are covered with solar panels.
Sadly, at present, only 2% of Malaysia’s electricity is produced by renewable energy sources as the country’s energy production is still dependent on limited fossil fuel resources such as oil, coal or natural gas.,/p>
Here are the main benefits of going solar.
1. Renewable Energy Source
The main benefit of using solar panel systems is that it is a renewable energy source. It can be used in all areas of Malaysia and it is accessible every day.
The best thing about solar power is that it is infinite, unlike some of the other sources of energy. Solar power will always be available.
2. Eco-friendly
Solar power in Malaysia represents a clean green source of energy. If you want to reduce your carbon footprint, the best way is by installing a solar panel system on your roof. It is important to understand that solar energy does not pollute the environment.
The only resources solar power needs are the sun and a source of clean water to function.
3. Home Investment
Installing a solar panel system in your home will add value to your house because it saves money from your utility bills each month. If you decide to sell your property one day, you can ask for a better price thanks to this investment.
Recent studies by solar companies in Malaysia showed that buyers are willing to pay RM62,000 extra for a home with an average-sized solar panel system. The appreciation of property value is due to the money the new house owner can save on energy in the future.
4. Helps You Manage Your Expenses
Another clear benefit of having a solar panel system is that you can be protected against rising energy costs. You should know that residential electricity prices rise approximately three percent annually. So when you invest in solar panels for your home, you are making sure your finances are not affected by the increase in electricity costs.
Remember, solar power in Malaysia helps you better estimate and manage your expenses, making it a great alternative for homeowners and businesses.
5. Diverse Applications
Solar energy can be used for different purposes. For example, you can produce electricity with photovoltaics or heat with solar thermal.
Solar thermal technology just converts sunlight into heating solutions. This is different from photovoltaic solar panels, which directly convert the sun's radiation into electricity.
A great benefit of using this type of energy is that solar panels suppliers in Malaysia can install them in areas without access to the energy grid.
6. Economic Growth
Malaysia’s economy can achieve better with solar power. When there is a higher demand for this clean energy, more companies will be needed to install solar panels. As a result, there will be additional jobs for experienced workers, keeping the economy growing.
7. Free Source of Energy
As mentioned, the sun provides us with more power than we could ever use, and no one can own and monopolize the sunlight.
The Bottom Line
As you can see, solar power in Malaysia has many benefits and you should take advantage of this technology as soon as possible.
Solar power will help you save money from the moment they are turned on, and you will be able to see the best visible advantages in the long run. The longer you have your solar power system, the more you enjoy the benefits of this technology and support the environment.
Stay clean, go solar.