With a RM2,000 booking and bank financing, you do not need to pay the full price in cash to go solar. Let's compare the financial instruments available to Malaysians.
1. Cash Purchase
- Pros: Larger long-term savings than financing. No interest.
- Cons: Opportunity cost of capital.
- Payback: about 5.3–7.2 years for homes with RM300–RM600 monthly bills (our RP4 estimate, before AFA, RE Fund and service tax).
2. Solar Green Loans (Bank Financing)
Maybank Solar PV Financing lends up to RM 100,000 over up to 10 years at a floating rate (Maybank's own illustration: SBR + 2.70%). Other banks' products, rates and limits change, so check current terms on each bank's own solar financing page.
- Rate: set by the bank; check the current rate before you apply
- Tenure: Up to 10 years (Maybank Solar PV Financing)
- Verdict: Compare the monthly instalment with your estimated electricity savings. If the instalment is lower, your monthly cash flow can be positive.
3. PPA (Power Purchase Agreement)
Typically for commercial only. A third-party owner installs and owns the system and sells you the electricity at a rate it sets; compare that rate with your TNB tariff. Trexon does not offer a PPA. Lower total savings than owning.
Trexon's own routes are outright purchase, a 0% credit card instalment plan of up to 24 months, a loan from your own bank, and OKAPI rent-to-own for homes. Every route starts with the RM2,000 booking fee.
Explore each option in detail: solar bank loan financing explains how to compare bank offers, while a third-party PPA suits businesses that prefer not to buy the system outright (Trexon does not offer a PPA). Visit the full financing hub to model your total cost of ownership across all three scenarios.
