The Ministry of Energy and Natural Resources has, on 29 December 2020, announced details of the new Net Energy Metering Programme 3.0 (“NEM 3.0”) as a successor to the Net Energy Metering Programme 2.0 (“NEM 2.0”)
Overview of NEM Programme
Net Energy Metering Programme (NEM) in Malaysia
Briefly, the NEM is a mechanism which allows electricity consumers in Peninsular Malaysia to sell excess electricity generated from their solar PV systems back to the grid. Therefore, NEM allows consumers to utilise energy generated by the solar PV system thus importing less energy from the grid and saving on electricity bills, consumers are also able to export excess electricity back to the grid for credit to reduce their electricity bills even further.
Initiative of NEM 3.0 Programme
Program NEM Rakyat will maintain the concept of “one-to-one” offset rate with a quota of 100 MW or until all quotas are exhausted and about 10,000 to 25,000 Tenaga Nasional Bhd (TNB) domestic account holders or between 40,000 and 100,000 households in the peninsula will enjoy electricity bill reduction..
Program NEM GoMen (Government Ministries and Entities) aims to reduce electricity bills in government buildings with a quota of 100 MW and about 100 government agencies in the peninsula will enjoy a reduction amounting to RM6 million per month.
Program NOVA (Net Offset Virtual Aggregation). would help entrepreneurs, local companies and houses of worship to reduce electricity bills and the cost of doing business
Effective NEM 3.0 Categories
For more information
NEM 3.0 ANNOUNCEMENT
NEM 3.0 BENEFIT USERS
PETALING JAYA: In an effort to boost usage of solar energy and reduce energy cost, the government is introducing the new Net Energy Metering (NEM) 3.0 programme that will benefit residential, commercial and industrial users.