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Comparison Malaysia 2026
Cash vs Bank Loan vs Islamic vs Hire Purchase vs PPA vs MGTC — all 6 financing methods compared side-by-side on total cost, monthly payments, and ownership.
All examples based on a 10 kWp solar system at RM 32,000. Actual costs vary by system size and market rates. Last updated February 2026.
All 7 Financing Methods
Click any method to see full details.
Side-by-Side Comparison Table
10 kWp system at RM 32,000. Numbers are estimates for illustration.
| Method | Upfront Cost | Monthly | Total (10yr) | Ownership | Interest |
|---|---|---|---|---|---|
| Cash Best value | RM 32,000 | RM 0 | RM 32,000 | Immediate | None |
| MGTC Green | RM 0–3,200 | RM 300–440 | RM 35,000–38,000 | After settlement | ~2–3% p.a. |
| Islamic (Murabahah) | RM 0–3,200 | RM 330–470 | RM 37,000–40,000 | After settlement | ~3–4% profit rate |
| Bank Loan | RM 0–3,200 | RM 340–490 | RM 38,000–41,000 | After settlement | ~4–5% p.a. |
| Hire Purchase | RM 3,200 | RM 510–560 | RM 33,800–36,800 | After final payment | ~4–6% flat |
| PPA (20yr) | RM 0 | kWh-based | RM 18,000–24,000* | Provider-owned | N/A |
* PPA total is estimated kWh payments over 10 years — actual total depends on your electricity consumption. You do not own the system under PPA.
Rankings by Criteria
No single method wins on every dimension. Pick based on what matters most to you.
Total cost over 10 years
* PPA depends on kWh consumed
Lowest upfront capital
Fastest approval
Full ownership from day 1
Others transfer ownership later
"Which is Best for Me?" Guide
Match your situation to the right financing method in 30 seconds.
Ownership: Who Owns the System?
You own the system
- Cash purchase — from day 1
- — from day 1
- Bank loan — after final payment
- Islamic financing — after final payment
- MGTC Green Financing — after final payment
- Hire purchase — after final payment
Provider owns the system
- PPA — provider-owned for entire 20-year contract
- Buy-out option at end of contract (if agreed)
Frequently Asked Questions
The most common solar financing questions from Malaysian homeowners and businesses.
Want to understand all 8 government incentives that can reduce your solar cost?
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Enter your monthly electricity bill and preferred financing method. We will calculate your exact savings, payback period, and ROI for each option.
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Explore Financing Options in Detail
Solar Financing Malaysia Overview
All solar financing options available in Malaysia
Bank Loans for Solar
CIMB, Maybank, Public Bank rates compared
Islamic Solar Financing
Shariah-compliant options from Bank Islam and MBSB
PPA Solar Malaysia
Zero-upfront power purchase agreements for businesses
MGTC Green Financing
2% interest rebate on solar loans