"Are solar panel prices going up?" is one of the first questions homeowners ask. Nobody can promise where panel prices go next, and we do not publish a market-wide price index. What we can show you is what drives prices, what Trexon charges today, and what waiting actually costs you in lost savings.
What Drives Solar Panel Prices in Malaysia?
Most panels installed in Malaysia use materials made abroad, so local prices follow global costs, usually with a delay.
1. Polysilicon
Polysilicon is the raw material inside every solar panel. When its price rises or falls, panel prices follow.
2. Trade Tariffs
US tariffs on panels made in Southeast Asia change where manufacturers send their stock. That can tighten or loosen supply in our region.
3. Freight and the Ringgit
Shipping costs and the ringgit exchange rate are built into the landed price of every imported panel and inverter.
Trexon's Prices Today
Our current catalogue prices are below. Every system includes Jinko 620 W N-type panels, mounting, wiring, the Solar ATAP application and TNB commissioning.
| System | Panels | Solis inverter | Huawei inverter | Sungrow inverter |
|---|---|---|---|---|
| 5.58 kWp | 9 | RM 15,999 | RM 18,999 | RM 20,999 |
| 6.82 kWp | 11 | RM 17,499 | RM 20,499 | RM 22,499 |
| 8.06 kWp | 13 | RM 21,499 | RM 24,499 | RM 26,499 |
| 9.92 kWp | 16 | RM 23,999 | RM 26,999 | RM 28,999 |
| 12.40 kWp | 20 | RM 26,999 | RM 29,999 | RM 31,999 |
| 14.88 kWp | 24 | RM 29,499 | RM 32,499 | RM 34,499 |
What Waiting Actually Costs You
Consider a semi-detached home with a RM550 monthly bill and an 8.06 kWp system.
- System cost: RM 21,499 (Solis inverter)
- Estimated monthly saving: about RM 320
- Simple payback: about 5.6 years
- Estimated 25-year savings: about RM 75,480 (export credit counted for the 10-year Solar ATAP term only)
- Savings given up by waiting 6 months: about RM 1,920
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. Your bill and roof will change the figures.
What Changed in Your TNB Bill
Since 1 July 2025, homes are billed under the RP4 tariff: energy 27.03 sen/kWh (37.03 sen above 1,500 kWh), capacity 4.55 sen and network 12.85 sen, less an Energy Efficiency Incentive for homes using up to 1,000 kWh. The Automatic Fuel Adjustment (AFA) now changes every month; homes using up to 800 kWh are exempt until 31 December 2026. See our TNB tariff 2026 guide for who pays more and who pays less.
Every kWh of solar you use at home avoids 44.43 sen of energy, capacity and network charges. Use our solar calculator to see your savings based on your current TNB bill.
System Size by Monthly Bill
| System Size | Typical Use Case | Current Price | Monthly Savings (Est.) |
|---|---|---|---|
| 5.58kWp | Small home, RM 150–200 bill | RM 15,999–20,999 | about RM 143 (RM 200 bill) |
| 6.82kWp | Medium home, RM 450 bill | RM 17,499–22,499 | about RM 264 (RM 450 bill) |
| 8.06kWp | Large home, RM 550 bill | RM 21,499–26,499 | about RM 320 (RM 550 bill) |
| 12.40kWp | SME / Shoplot (commercial) | RM 26,999 | about RM 650 |
| 19.84kWp | Factory / Commercial | RM 35,499 | about RM 1,050 |
Homes: same assumptions as above. Commercial rows: Non-Domestic Low Voltage tariff, RM0.5068/kWh avoided, all solar output used on site, no Maximum Demand saving counted. Catalogue prices; systems above 19.84 kWp are roughly RM2,400/kWp before SST, quoted per site.
How to Get Your Price
Get a free quote based on your own TNB bill. Your proposal shows the price and the date it is valid until.
- Step 1: Run the savings calculator — takes 2 minutes
- Step 2: Get a free quote from your bill and roof photos before you decide
- Step 3: Receive a written proposal with the price and its validity date
- Step 4: Choose how to pay: outright, 0% card instalments of up to 24 months, or a bank loan (see financing)
- Step 5: On-site installation usually takes 1–2 days; from booking to TNB commissioning typically takes 6–10 weeks
Frequently Asked Questions
Are Malaysian-made solar panels cheaper?
Some panels are made in Malaysia, but they use imported materials and follow the same global price trends. Compare the full installed price, the panel warranty and the installer's workmanship warranty rather than the country of assembly.
Should I wait for the next Solar ATAP capacity?
Solar ATAP capacity is set by the Government and allocated first-come-first-served. Waiting does not improve your terms; it only delays your savings. See our ATAP program guide for how the programme works.
Is now a good time to finance solar instead of paying cash?
It depends on the rate you are offered. Trexon's checkout offers 0% card instalments of up to 24 months (Affin, AmBank, HSBC, RHB and Standard Chartered: 3/6/12/24 months; Alliance, OCBC and UOB: 6/12/24 months). Maybank Solar PV Financing lends up to RM100,000 over up to 10 years at a floating rate; check the current rate on Maybank's Solar PV Financing page. See our full solar financing comparison. Every route starts with the RM2,000 booking fee.
Prices can move either way; your savings start only when your system is running. Get your free Trexon quote today.
