SOLS Energy

Empowers Homeowners with Eco-Friendly Solutions through Accessible Subscription Programs
SOLS Energy
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Kuala Lumpur, Malaysia -- 19 March 2024 – SOLS Energy stands at the forefront of Malaysia's solar revolution as the nation's leading home solar installer. Spearheading a paradigm shift towards sustainable energy, SOLS Energy introduces the groundbreaking 'Home Solar Subscription Program', a pioneering initiative in Malaysia's solar energy landscape. This innovative programme marks a significant milestone, offering homeowners a simplified and more accessible pathway to embrace solar energy like never before.

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In a move to reshape the landscape of solar energy utilisation in Malaysia, the 'Home Solar Subscription Program' has been introduced with the primary goal of fostering widespread adoption of solar power among Malaysian households. By addressing financial barriers, the programme covers the entire upfront installation costs, thereby enabling homeowners to embrace solar energy without facing initial financial burdens.

Distinguishing itself from conventional solar initiatives, the 'Home Solar Subscription Program' boasts immediate payback periods, mitigating the lengthy waiting periods typically associated with recovering initial investments. Notably, participants benefit from a fixed tariff rate of RM0.46 per kilowatt-hour (kWh) for the next two decades, offering potential savings compared to the current national grid tariff of RM0.57/kWh. This fixed rate ensures stability and predictability in energy costs, presenting a compelling economic rationale for homeowners to transition to solar power.

“At SOLS Energy, our dedication to empowering individuals on their path towards sustainability and a brighter future is unwavering," declared Teacher Raj Ridvan Singh, Founder-CEO of SOLS Energy. "That's precisely why we are revolutionising the accessibility and affordability of solar energy for all.

"Through our ‘Home Solar Subscription Program’, we're breaking down barriers to solar adoption. This programme simplifies the entire process, providing homeowners with a seamless transition to solar power. By embracing solar energy, homeowners not only seize control over their energy consumption but also play a pivotal role in driving positive environmental change. They stand to save substantially while paving the way for a cleaner, greener future for generations to come."

With a proven track record of 14MW worth of solar installed, SOLS Energy stands as the No. 1 home solar company in Malaysia with over 1,800 home solar installations. The programme has resulted in annual electricity bill savings of RM13.4 million for customers and carbon avoidance equivalent to planting 418,500 trees.

One of the key benefits of the programme is its avoidance of credit card or loan financing, ensuring subscribers do not incur debt. Subscribers also receive a complimentary 20-year solar PV hardware warranty, providing peace of mind and reliability.

SOLS Energy offers personalised installations with in-house installers who can provide advice based on the needs of each home. This commitment to personalised service sets SOLS Energy apart and ensures that each homeowner receives the best solar solution for their needs.

“The ‘Home Solar Subscription Program’ contributes to a more sustainable future by reducing reliance on fossil fuels and lowering carbon footprints. By encouraging the adoption of solar energy, the programme aligns with Malaysia's goals of achieving a greener and more sustainable energy ecosystem,” added Raj.

SOLS Energy, backed by Petronas, emerges as a trailblazer in the realm of sustainable energy solutions in Malaysia. With a resolute commitment to transitioning 285,000Malaysian households to green energy, SOLS Energy remains steadfast in its alignment with Malaysia's overarching net-zero aspirations.

Noteworthy achievements to date include providing energy access to over 1,400 B40Orang Asli households and empowering more than 600 individuals from the B40indigenous community through its esteemed solar academy. Through unwavering dedication and tangible impact, SOLS Energy continues to illuminate the path towards a brighter, more sustainable future for all Malaysians.

For more information about SOLS Energy's ‘Home Solar Subscription Program’, please visit www.solsenergy.com/subscription

About SOLS Energy Sdn Bhd

SOLS Energy is a leading provider of residential solar energy solutions in Malaysia, dedicated to making solar power accessible to all Malaysians. SOLS Energy also plays a part in empowering rural Malaysia by providing energy access solutions and creating green job opportunities among the B40 Orang Asli and Orang Asal communities.

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