The Malaysian government introduced the Net Energy Metering (NEM) Scheme in November 2016 with a 500 MW quota to be allocated until 2020, aiming to promote the adoption of renewable energy. Under the NEM concept, solar energy generated by photovoltaic (PV) systems is used first, while any surplus is exported to TNB (Tenaga Nasional Berhad) at the prevailing displaced cost.
To further encourage participation, NEM 2.0 was launched on 1 January 2019, introducing a “one-on-one” offset system. This allowed users to export surplus solar energy back to the grid at the same rate as their electricity tariff. NEM 2.0 was implemented by the Ministry of Energy and Natural Resources (KeTSA), regulated by the Energy Commission (EC), and managed by the Sustainable Energy Development Authority (SEDA) Malaysia. The 500 MW quota for NEM 2.0 was fully subscribed by 31 December 2020.
In response to high demand and to further promote solar energy usage, the Energy and Natural Resources Minister announced the NEM 3.0 program on 29 December 2020. NEM 3.0 offers more opportunities for electricity consumers to install rooftop solar PV systems to reduce their electricity bills.
According to a statement released by the Ministry of Energy Transition and Water Transformation (PETRA) on 26 January 2024, the NEM 3.0 program will include an additional quota of 100 MW for residential users (NEM Rakyat) and 300 MW for commercial/industrial users (NOVA). This extended quota will be available until 30 June 2025 or until fully allocated, whichever comes first. Visit our website: https://get.maqosolar.com/ and contact us at https://wa.me/6018777109