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Updated March 2026 — GP/ST/No. 60/2025

Solar Incentives Malaysia 2026:
Grants, Tax Relief & 0% Financing

Every solar rebate, grant, and financing scheme available in Malaysia right now — explained in plain English. From the GITA 60% tax allowance to zero CAPEX PPA, here is exactly what you qualify for and how to claim it.

8 Active Incentives You Can Claim in 2026

Solar ATAP

Grid export credits

GITA 60%

Corporate tax relief

Up to RM500K

GTFS 2%

Interest subsidy

Zero CAPEX PPA

No upfront cost

SEDA Licensing

Grid connection

Bank 0% Plans

CIMB, Maybank, RHB

GITE (SMEs)

Tax exemption

Incentive 1 — Residential & Commercial

Solar ATAP Scheme (Replaced NEM 3.0)

Effective January 1, 2026, the Energy Commission replaced the Net Energy Metering (NEM 3.0) programme with the Solar Accelerated Transition Action Programme (ATAP), governed by Guideline GP/ST/No. 60/2025. This is the foundational framework for all grid-connected solar in Peninsular Malaysia and Sabah.

3 Critical Differences from NEM 3.0

  • Credits are NOT 1:1 — Non-domestic consumers are credited at the Average System Marginal Price (SMP), the wholesale rate (~RM 0.23/kWh), not the full retail rate.
  • Credits are NOT carried forward — Unutilised export credits expire at the end of each billing period. Oversizing your system throws money away.
  • 10-year contract — ATAP is a fixed-term agreement. Ensure your roof, system, and business plans align with this commitment.

Residential (Domestic) Eligibility

  • TNB residential account holder (Tariff A)
  • Maximum system size: 5kW (single phase) or 15kW (three phase)
  • Export credits applied at full energy charge rate
  • SEDA-registered contractor required
  • 10-year ATAP agreement

Commercial / Industrial Eligibility

  • Commercial or industrial TNB account (Tariff B, C, D, E)
  • Maximum system size: 100% of Maximum Demand (MD), hard cap 1MW
  • Export credits at Average SMP rate (~RM 0.23/kWh)
  • SEDA Type Approval and inspection required
  • 10-year ATAP agreement
Incentive 2 — Businesses & Manufacturers

Green Investment Tax Allowance (GITA)

GITA is a 60% Investment Tax Allowance on qualifying capital expenditure for green technology assets, including solar PV systems. It is administered by MIDA (Malaysian Investment Development Authority) and is the most financially significant tax incentive for businesses installing solar in 2026.

Worked Example: RM800,000 Industrial Solar System

RM800,000

System Cost

RM480,000

60% GITA Allowance

× 24%

24% Corp Tax Rate

RM115,200

Tax Saved

GITA Eligibility

  • Malaysian-incorporated company (Sdn Bhd or Bhd)
  • Solar system installed and commissioned in Malaysia
  • Minimum 70% local component or qualifying green tech asset
  • MIDA application submitted BEFORE installation begins
  • Deadline: December 31, 2026 (application submission)
  • System must be in operation within 3 years of approval

GITA for SMEs: GITE Variant

SMEs with annual revenue below RM50 million may be eligible for the Green Income Tax Exemption (GITE)— a 100% income tax exemption for up to 10 years on income derived from green technology activities. This is structured differently from GITA and suits solar companies or ESCOs more than end-users. Consult MIDA directly for SME applicability.

How to Apply

  1. Register on MIDA's Investment Malaysia portal (mida.gov.my)
  2. Submit application with project details and cost breakdown
  3. Receive approval letter before commencing installation
  4. Install, commission, and submit Form E (utilization report)
Full GITA Application Guide
Incentive 3 — Homeowners

Green Bank Loans for Solar

A common misconception: many Malaysians believe they can withdraw from EPF (KWSP) Account 2 to pay for solar panels. Unfortunately, this is not the case — solar panels are not currently on KWSP's approved home improvement withdrawal list.

The good news: green bank loans from Maybank, CIMB, RHB, Public Bank and BSN offer rates from 3.5% p.a. with tenures up to 10 years. Monthly instalments are typically lower than your TNB bill savings, meaning a financed system is cash-flow positive from day one — while your EPF keeps compounding in the background at ~5.5% p.a.

From 3.5%

Interest Rate

Per annum, green loan rate

10 years

Maximum Tenure

Matches panel warranty

7–14 days

Processing Time

Most banks

Eligibility Requirements

  • Malaysian citizen or permanent resident
  • Clean CCRIS record (no active defaults)
  • Minimum monthly income RM3,000 (salaried) or 2 years tax returns (self-employed)
  • Property in your name (or spouse/immediate family)
  • Solar installer must be SEDA-registered (Trexon qualifies)
  • Installation quotation required for loan application

How to Apply

  1. 1Request a detailed quotation from Trexon (free site survey)
  2. 2Choose your preferred bank (Maybank, CIMB, RHB, Public Bank, BSN)
  3. 3Trexon prepares the loan application paperwork for you
  4. 4Submit to bank — approval typically 7–14 working days
  5. 5Bank disburses funds directly to the installer after approval
Incentive 4 — All Business Types

Green Technology Financing Scheme (GTFS)

GTFS is a government interest rate subsidy of 2% per annum on qualifying green technology loans, administered through MGTC (Malaysia Green Technology and Climate Change Corporation) via participating banks. It dramatically reduces the effective cost of financing a solar installation through a bank loan.

How the 2% Subsidy Works in Practice

Without GTFS: A RM300,000 solar loan at 5.5% base rate over 7 years = RM61,200 in interest.

With GTFS: The same loan at 3.5% effective rate = RM39,200 in interest. You save RM22,000.

Participating Banks:

CIMBMaybankRHBPublic BankBank IslamAmBankHong Leong

GTFS Eligibility

  • Malaysian-registered company or individual
  • Solar system must be listed on MyHIJAU Directory
  • Minimum loan amount: RM50,000
  • Maximum loan amount: RM100 million
  • Loan tenure up to 15 years
  • MGTC endorsement required before bank application

Application Steps

  1. 1Confirm solar product is listed on MyHIJAU (myhijau.gov.my)
  2. 2Submit GTFS application to MGTC for green endorsement
  3. 3Receive MGTC endorsement letter
  4. 4Present endorsement to participating bank for loan application
  5. 5Bank processes loan at subsidised rate

SEDA Licensing & Grid Connection

SEDA (Sustainable Energy Development Authority Malaysia) is the statutory body under the Ministry of Energy Transition that administers Solar ATAP applications and certifies Photovoltaic System Contractors (PVSCs). Without a SEDA-registered installer, your solar system cannot be connected to the TNB grid and will not be eligible for any incentive.

PVSC Registration

Your installer must hold a valid SEDA PVSC licence. Ask for their licence number before signing any contract.

SEDA Application

The installer submits the ATAP application to SEDA on your behalf. Approval is required before TNB can connect the system.

TNB Grid Inspection

After installation, TNB performs a technical inspection. A SEDA-issued Renewable Energy Approval Letter is required for this step.

Incentive 5 — Zero Upfront Cost

Zero CAPEX Solar: PPA & Rental Models

Zero CAPEX solar eliminates the upfront cost entirely. You get solar generation on your building with no purchase required. Two common structures exist in Malaysia: the Power Purchase Agreement (PPA) and the Solar Rental / Leasing model. Trexon offers both for qualifying commercial and industrial properties.

Power Purchase Agreement (PPA)

  • Solar company installs and owns the system on your roof
  • You buy electricity at a fixed discounted rate (typically 10–20% below TNB tariff)
  • Contract period: 15–25 years
  • Maintenance and insurance covered by installer
  • Option to buy out the system at market value mid-contract

Best for: businesses wanting guaranteed savings with zero financial risk

Solar Rental / Leasing

  • Pay a fixed monthly rental for use of the solar system
  • All electricity generated offsets your TNB bill directly
  • No ownership — no ATAP/GITA eligibility in this structure
  • Shorter contracts available (5–10 years)
  • Early termination penalties apply

Best for: SMEs that cannot access GITA and want predictable monthly costs

Explore Zero CAPEX Options
Incentive 6 — Homeowners & SMEs

Bank 0% Instalment Plans

Several major Malaysian banks offer 0% interest instalment plans for solar system purchases made with their credit cards or personal financing products. These plans allow you to split the cost into 12–60 monthly payments with no interest charges, provided you meet the minimum purchase amount and use an eligible card.

BankPlan TypeTenureMin PurchaseInterest
CIMBCIMB Instalment PlanUp to 60 monthsRM5000%
MaybankMaybank EzyPayUp to 36 monthsRM5000%
RHBRHB Easy InstalmentUp to 24 monthsRM5000%
Public BankPB EasiPayUp to 24 monthsRM3000%
Hong LeongHLB Instalment PlanUp to 36 monthsRM5000%
OCBCOCBC FlexiPayUp to 24 monthsRM5000%

Rates and tenures are subject to change. Confirm current terms with your bank or speak to a Trexon financing consultant who can structure the optimal payment plan for your situation.

All Solar Incentives Malaysia 2026

Quick reference comparison of every scheme — who qualifies, how much you save, and where to apply.

IncentiveWho It's ForBenefitMax ValueApply Via
Solar ATAPHomeowners + BusinessesBill offset credits for exported energyVaries by usageSEDA / Your installer
GITA 60%Malaysian companies (Sdn Bhd / Bhd)60% investment tax allowance on capexRM115,200+ on RM800K systemMIDA (mida.gov.my)
GITESMEs (revenue below RM50M)100% income tax exemption, up to 10 yearsFull tax exemptionMIDA (mida.gov.my)
Green Bank LoanMalaysian homeownersRates from 3.5% p.a., tenures up to 10 yearsUp to system costMaybank, CIMB, RHB, Public Bank, BSN
GTFS 2% SubsidyAll businesses / individuals2% interest rate subsidy on green loanRM22,000+ on RM300K loanMGTC + participating bank
Zero CAPEX PPACommercial / industrial buildingsDiscounted electricity, zero upfront10–20% below TNB tariffTrexon Energy
Bank 0% InstalmentCredit card holdersSplit cost with zero interestUp to 60 months at 0%CIMB / Maybank / RHB / Public Bank

Frequently Asked Questions

The most common questions about Malaysian solar incentives, answered clearly.

What is the biggest solar incentive in Malaysia in 2026?
For businesses, the GITA (Green Investment Tax Allowance) is the most financially impactful — you receive a 60% tax allowance on qualifying solar capex, which translates to roughly RM115,200 in tax savings on an RM800,000 system. For homeowners, the Solar ATAP scheme under GP/ST/No. 60/2025 is the key programme, allowing residential users to offset their TNB bill with solar exports under a 10-year contract.
Can I use EPF (KWSP) to pay for solar panels?
No. Solar panels are not currently on KWSP's approved home improvement withdrawal list, so EPF Account 2 cannot be used to pay for a residential solar installation. The good news: green bank loans from Maybank, CIMB, RHB, Public Bank and BSN offer rates from 3.5% p.a. with tenures up to 10 years — usually a better financial choice than touching your retirement fund (EPF earns ~5.5% p.a. tax-free with compounding). Trexon handles all the green loan paperwork.
Is the Solar ATAP credit rate the same as NEM 3.0?
No — and this is a critical distinction. Under the old NEM 3.0, credits were applied at the full retail energy charge rate and carried forward indefinitely. Under Solar ATAP (effective January 1, 2026, per GP/ST/No. 60/2025), credits for non-domestic consumers are valued at the Average System Marginal Price (SMP) — the wholesale rate, approximately RM 0.23/kWh. Credits are also NOT carried forward; any unutilised export credits expire at the end of the billing period. Self-consumption is now 2x more financially efficient than exporting.
What is GTFS and how does the 2% interest subsidy work?
The Green Technology Financing Scheme (GTFS) is a government-backed programme administered through Bank Negara-approved financial institutions. It offers a 2% per annum interest rate subsidy on approved green technology loans, which includes solar PV systems. A borrower who qualifies effectively pays the base lending rate minus 2%, substantially lowering the cost of a bank solar loan. Apply through MGTC (Malaysia Green Technology and Climate Change Corporation).
What does zero CAPEX solar mean? Is there a catch?
Zero CAPEX (Capital Expenditure) solar refers to models where you pay nothing upfront for the solar system. The two main structures are Power Purchase Agreements (PPAs) and solar leasing. Under a PPA, a solar company installs and owns the panels on your roof; you buy the electricity they generate at a discounted rate (typically 10–20% below your current TNB tariff) for a contracted period of 15–25 years. There is no catch per se, but you do not own the system, and you are locked into a long-term contract. Trexon offers CAPEX, PPA, and rental models.
Do I need a SEDA licence to install solar?
You personally do not need a SEDA licence — but your installer does. SEDA (Sustainable Energy Development Authority) registers Photovoltaic System Contractors (PVSCs) and certifies the systems before they can connect to the TNB grid under Solar ATAP. Always verify that your installer is SEDA-registered before signing a contract. Trexon Energy is a registered PVSC.
Can a company claim both GITA and GTFS at the same time?
Yes, these incentives are generally stackable. A business can finance a solar system via a GTFS loan (getting the 2% interest rate subsidy), AND simultaneously claim the GITA 60% investment tax allowance on the qualifying capex. The GTFS subsidy reduces your financing cost; the GITA reduces your corporate tax liability. Consult your tax advisor to structure the claim correctly with MIDA and your bank.

Find out exactly which incentives you qualify for.

Upload your TNB bill and get a personalised incentive breakdown — including ATAP savings, GITA tax relief estimate, and financing options — in under 2 minutes.