PETALING JAYA: Many companies, especially small and medium enterprises (SMEs), are adopting solar energy, saving up to thousands of ringgit each month in electricity.
This comes in the wake of the hike in electricity tariffs to 20sen per kW-h for medium-voltage and high-voltage users from Jan 1 to June 30.
“The electricity bill for the frozen food factory was more than RM1mil per year because it requires 24-hour activation of electricity for cold storage.“I intend to install solar panels throughout the factory. I have calculated that this will save 6.7% of our electricity bill in a year,” he said. The increase came about after the government implemented the Imbalance Cost Pass-Through surcharge, which takes place every six months.
He added that businesses could also reduce their reliance on traditional energy sources, often derived from non-renewable sources such as coal and fuel, that were significant contributors to greenhouse gas emissions. He said the lifespan of solar panels had also significantly increased over the past decade, making them a much more viable and cost-effective option for businesses.
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