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Net Energy Metering (NEM)

Net Energy Metering (NEM) 3.0 is a government initiative introduced in 2021 to encourage the use of renewable energy, particularly solar energy, among consumers in Malaysia. The program has a quota allocation of 1050 MW up to date, which is available from 2021 to 2023. Under NEM 3.0, several new initiatives have been introduced to increase the uptake of solar energy, and it is regulated by the Energy Commission (EC), with the Sustainable Energy Development Authority (SEDA) Malaysia serving as the implementing agency. These initiatives include NEM Rakyat, NEM Gomen, and NEM Nova. Additionally, virtual NEM has been introduced to allow commercial and industrial sectors to generate and distribute solar energy. 

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As a commercial or industrial user, you can take advantage of NEM 3.0 to generate your own electricity through solar panels and reduce your reliance on traditional energy sources.  

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How does NEM work? 

Under the NEM program, you can install solar panels on your property and generate your own electricity. Any excess electricity you generate will be fed back into the grid, and you will receive credits for the energy you contribute. These credits can then be used to offset your electricity bills. NEM is available to all Malaysians who generate electricity from renewable energy sources, including solar panels, wind turbines, and biomass systems. The program is open to both residential and commercial customers, so whether you're a homeowner or a business owner, you can take advantage of the NEM program.

 

The NEM 3.0 comprises three initiatives as below: 

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  • Program NEM Rakyat (Domestic) 

  • Program NEM GoMEn (Government Ministries and Entities) 

  • Program NOVA (Commercial & Industrial) 

 

To help you better understand the key points of the NEM 3.0 program, we have summarised the information in the table below: 

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Maximise Your Business Savings with NEM 3.0 NOVA! 

~300 MW Quota left for Commercial & Industrial Users 

The NEM NOVA program aims to help businesses in the commercial and industrial sectors reduce their operating costs by adopting solar PV systems. Successful applicants to the program can: 

  • CONSUME the electricity generated by their solar PV system 

  • SELL any excess electricity generated by their solar PV system back to the grid at the market rate or System Marginal Price (SMP). The electricity sold will be converted into credits and reflected in the following month's electricity bill 

  • OFFSET any excess electricity generated by their solar PV system by distributing it among up to three different electricity bill accounts under the same name through virtual aggregation

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The first phase of the NOVA program had an allocated quota of 300 MW which started on the 1st of April 2021 and was fully utilised within 3 months. The program was targeted to last until Dec 2023. Due to the overwhelming response, the government of Malaysia has decided to allocate additional quotas to further drive the green agenda for Malaysia.

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As of today, the total quota for the NEM Nova program has been raised to 800 MW. However, more than 400 MW have already been occupied, leaving only around 300 MW available for businesses to register. Don't wait too long, register now before it's too late! 

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NEM 3.0’s NOVA Program: Eligibility 

To be eligible for the NOVA Program under NEM 3.0, you must meet the following criteria: 

  • A consumer of the distribution licensee who has not been blacklisted in its system for various reasons (such as not paying the electricity bill, committing an offense, etc.) 

  • Registered consumer of the distribution licensee in Peninsular Malaysia only 

  • Not a delinquent who has not paid their bills or is involved in pending meter tempering cases 

  • Subscribers of the following tariff (Refer to “What About NEM 2.0”) 

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Benefits of NEM NOVA for Business Owners 

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Lower electricity bills

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Environmental sustainability 

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Long-term cost savings 

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Potential revenue stream

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Increased energy independence

Why choose Progressture Solar for NEM? 

At Progressture Solar, we have years of experience in the solar industry and have helped countless commercial and industrial clients switch to renewable energy sources. We are committed to providing our customers with high-quality solar products and exceptional customer service. When you choose Progressture Solar for NEM, you can expect: â€‹

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  • Free consultation to determine if NEM is right for you 

  • Professional installation of your solar panels 

  • Ongoing maintenance and support 

  • Help with the NEM application process 

  • Competitive pricing and financing options 

 

We believe that renewable energy is the future, and we are proud to be a part of the movement towards a more sustainable future. If you are interested in learning more about NEM or would like to schedule a consultation, please contact us today. 

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