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Configure solarSolar Panel Financing Malaysia 2026: 5 Ways to Go Solar from a RM2,000 Booking
From bank green loans (check each bank's current terms on its own product page) to 0% card instalments and a commercial hire purchase (Trexon does not offer a PPA) — discover the financing routes for solar panels in Malaysia and calculate your exact monthly payment.
Key Takeaways
- Bank green loans — for example Maybank Solar PV Financing (check current terms with each bank). With Trexon, start with a RM2,000 booking.
- Cash purchase delivers the highest ROI (about 3–10 year payback, depending on system size) if you have idle capital — no interest, no monthly commitment.
- A PPA is a third-party-owned option for businesses that do not want to buy the system. Trexon does not offer a PPA; commercial customers can use hire purchase and own the system; a commercial project starts with a booking of 20% of the system price, capped at RM20,000.
- Solar ATAP bill credits (RM0.2703/kWh exported) reduce your ongoing TNB bill — stacks with all financing options. Note: SolaRIS RM4,000 ended April 2025.
- Companies can combine GITA (60% allowance, worth up to 14.4% of system cost at the 24% tax rate once fully used) with bank financing. Commission and submit to MGTC by 31 December 2026.
- Collateral and document requirements vary by bank; ask your bank.
5 Ways to Finance Solar in Malaysia
There is no single best solar financing option — the right choice depends on your property type, credit standing, tax position, and cash flow. Here is an overview of every legitimate route available in Malaysia.
Bank Green Loan
Up to 10 YearsUp to 10 years (check current terms with the bank), start with a RM2,000 booking
0% Card Instalment
Up to 24 Months 0%0% for up to 24 months on participating credit cards at Trexon checkout, after the RM2,000 booking
PPA (Power Purchase Agreement)
Third-PartyThird-party-owned: pay only for the electricity generated. Trexon does not offer a PPA
OKAPI Rent-to-Own (Homes)
Homes Only7 or 10 years, you own the system at the end; insurance and warranty included; maintenance cover as set out in your OKAPI agreement
Cash Purchase
No InterestHighest ROI, fastest payback (about 3–10 yr by size), no monthly commitment
Bank Green Financing for Solar Panels
Several Malaysian banks offer green financing for solar panels. Maybank Solar PV Financing is the one we can verify: up to RM100,000, up to 10 years, floating rate (Maybank's own illustration uses SBR + 2.70%). Rates, tenures, limits and approval times differ by bank and change over time, so check each bank's own product page.
| Bank | Product | Rate | Max Tenure | Max Amount | Type |
|---|---|---|---|---|---|
| Maybank | Solar PV Financing | Floating (illustration: SBR + 2.70%) | Up to 10 years | Up to RM100,000 | Check bank |
| RHB | Check bank | Check bank | Check bank | Check bank | Check bank |
| Public Bank | Check bank | Check bank | Check bank | Check bank | Check bank |
| CIMB | Check bank | Check bank | Check bank | Check bank | Check bank |
| BSN | Check bank | Check bank | Check bank | Check bank | Check bank |
| Bank Islam | Check bank | Check bank | Check bank | Check bank | Check bank |
Only Maybank's published terms are shown; for other banks, check the current rate and terms on the bank's own page. Your actual rate depends on your credit score, income, and DSR. All listed routes start with a RM2,000 booking, credited in full to your system price.
View full bank-by-bank solar loan comparison →Typical Requirements
- SEDA-registered installer quotation (with SEDA cert number)
- Last 3 months TNB electricity bill
- Last 3 months salary slip or EPF statement (self-employed: 3 months bank statements)
- Property title / grant deed or tenancy agreement
- MyKad (front and back)
- DSR below 70% (most banks)
Interactive Financing Calculator
Enter your system cost, choose a financing option, and instantly see your monthly payment, total cost, and estimated payback against TNB savings.
Illustrative. Loan rates are what-if figures, not bank quotes. Saving: estimate on the RP4 domestic tariff (from 1 Jul 2025), before AFA, the 1.6% RE Fund and service tax; 3.5 sun-hours a day; about 40% of solar used at home and the rest exported and credited at the 27.03 sen Energy Charge (capped at what you import) for 10 years under Solar ATAP; no tariff increases.
PPA vs Hire Purchase vs Cash Purchase
Three very different approaches — each with distinct risk, ownership, and savings profiles. Choose based on your priority: lowest upfront, highest savings, or simplest arrangement.
| Feature | PPA | Hire Purchase | Cash Purchase |
|---|---|---|---|
| Upfront Cost | Set by the provider | Per hire-purchase agreement | Full system cost |
| Monthly Commitment | Pay per kWh generated | Fixed monthly instalment | None after payback |
| System Ownership | Solar company | You — at the end of the term | You — from day 1 |
| Maintenance | Provider's responsibility | Your Trexon warranty (not bundled) | Buyer's responsibility |
| Savings vs TNB | Rate set by the third-party owner — compare it with your TNB tariff | Keep Solar ATAP credits; pay fixed instalments | 100% savings on self-consumed kWh + Solar ATAP credits |
| Contract Term | 15–25 years | 2–5 years | N/A — you own it |
| End of Contract | Buy out, renew, or remove | You own the system | Own system — keep operating |
| Best For | Factories, offices, no capex budget | Commercial & industrial — not homes | Maximum ROI, long-term thinking |
What Do You Actually Pay Upfront on Each Route?
Every Trexon route starts with a RM2,000 booking, credited in full to your system price. Here is an honest breakdown of what else you pay before installation begins.
Required Documents Checklist
Prepare these documents before applying for any solar financing. Having them ready helps your application move faster.
- SEDA-registered installer quotation (with SEDA cert number)
- Last 3 months TNB electricity bill
- Last 3 months salary slip or EPF statement (self-employed: 3 months bank statements)
- Property title / grant deed or tenancy agreement
- MyKad (front and back)
- Completed bank application form
- Property title or long-term tenancy (min. 15 years or matching PPA term)
- Last 12 months TNB electricity bills (to assess consumption profile)
- Business registration certificate (for commercial PPA)
- Company bank statements — 6 months (commercial)
- Roof structural assessment (usually conducted by PPA provider)
Frequently Asked Questions
Get a Custom Financing Plan from Trexon
Our advisors will look at your electricity bill and preferred payment route to recommend a financing structure — and help you prepare the documents your bank asks for.
