Model your project savings and peak-demand reduction
Calculate ROIFinance your solar system just like you would a car. Fixed monthly payments with full ownership at the end.
Flexible payment periods
Same amount every month
System is yours at the end
Your monthly instalment depends on the system size, tenure and the provider's rate. A 5.58 kWp system starts from RM19,499. Request a quote and compare the instalment with your estimated monthly TNB savings.
*Rates depend on credit assessment.
Hire purchase is arranged between you and a financing provider, so the details that matter most are set by that provider rather than by us. Going in prepared makes the comparison with other options much easier.
Every Trexon route starts with a RM2,000 booking. It is non-refundable and is credited in full to your system price. We then prepare a quote you can take to your chosen provider, based on your bill and roof. Our catalogue starts from RM19,499 for a 5.58 kWp system, and your quote shows the exact figure for your site, including any inverter upgrade you choose.
Compare the instalment with your estimated monthly TNB savings, but remember that savings vary with your usage, tariff, roof orientation and shading. Approval, rates and terms are decided by the provider, so treat any figure as indicative until you have it in writing.
Solar hire purchase is a financing model similar to car loans where you pay for your solar system in fixed monthly installments over a period set by the provider. You have full use of the system from day one and gain 100% ownership once the final payment is made.
Monthly payments depend on the system size and tenure. Ask the provider for a quote for your system size, then compare the instalment with your estimated monthly TNB savings.
The deposit is set by the financing provider. Every Trexon route starts with a RM2,000 booking, credited in full to your system price.
Eligibility is set by the financing provider, so ask your bank. Providers usually look for a stable income and a valid property title or tenancy agreement, and their credit assessment sets the rate.
Tell us about your project and we'll prepare a quote you can take to your bank.
Free quote · No obligation · Reviewed during business hours
Solar hire purchase works like a car hire purchase: you select your solar system, put down a deposit set by the financing provider, and pay fixed monthly instalments over the agreed tenure. From day one, your solar system is installed and generating electricity — reducing your TNB bill immediately. At the end of the tenure, ownership transfers fully to you. You are not renting the system; you are buying it in instalments.
A bank loan works similarly in outcome — you own the system from day one — but the loan is disbursed to Trexon Energy and you repay the bank directly. Rates differ between bank loans and hire purchase, so compare the total cost. Bank loans require a full credit assessment and more documentation, while hire purchase criteria can differ by provider.
A PPA (Power Purchase Agreement) is fundamentally different: you never own the system. You pay a per-kWh rate to the provider, who owns and maintains the panels, so your long-term savings are lower because you share the electricity value with the owner. Trexon does not offer PPAs. A commercial equipment lease is not the same thing — there the customer owns the system once the term ends, so it behaves much more like hire purchase than like a PPA. With hire purchase, a bank loan or a lease, all savings after the repayment period belong entirely to you — for the rest of the system's life.
Summary: hire purchase = you own it at the end of the term, fixed payments, no variable rate risk. Bank loan = similar ownership, potentially lower rate, more documentation. Equipment lease (commercial and industrial only) = you own it at the end of a 2-5 year term. PPA = no ownership, lower paperwork, lower long-term return.
The instalment depends on the system cost (a 5.58 kWp system starts from RM19,499), the tenure and the hire purchase provider's rate. Ask the provider for a quote, then compare it with your estimated monthly TNB savings.
* Savings vary by TNB tariff block, roof orientation, and shading. Use the solar savings calculator for a personalised estimate.
Full ownership at the end. Unlike a PPA, where the provider owns the panels, a hire purchase makes the solar system yours once the final instalment is paid. This means the property value increase from the solar installation is yours, and you can claim any applicable incentives you are eligible for.
Fixed monthly payments — no variable rate risk. Hire purchase instalments are fixed at the point of agreement. Even if Bank Negara Malaysia raises the Standardised Base Rate (SBR), your monthly payment stays the same. This makes financial planning straightforward: you know exactly what you pay for the whole tenure. Contrast this with some SBR-linked bank loans where your repayment can change when BNM moves rates.
Savings help cover the instalment. Compare your monthly TNB savings with the instalment the provider quotes. The system starts offsetting your TNB bill once it is commissioned, and after the tenure ends all savings stay with you.
Eligibility for solar hire purchase in Malaysia is generally more accessible than a conventional bank loan. Typical requirements are: Malaysian IC holder (MyKad), minimum monthly income set by the provider (combined household income accepted by some providers), a credit check via CCRIS or CTOS, and either a property title deed or a tenancy agreement for the installation address. Unlike bank green loans, some hire purchase providers do not require you to be an existing bank customer or to have a formal payslip — self-employed applicants with bank statement evidence of income may qualify.
Age limits are set by the provider. If you have an existing hire purchase (such as a car loan) or a home loan, you can still qualify — the hire purchase provider will assess your Debt Service Ratio (DSR) to confirm you can service an additional monthly commitment.
If you are unsure whether you qualify or want to compare hire purchase with other options, explore solar bank loans, all financing options, or use the savings calculator to find the right fit for your household.
Compare other ways to fund your solar installation in Malaysia — bank loans, Islamic financing, hire purchase, and more.
Compare bank loans for solar from Malaysian banks
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