The Average Cost for Commercial Solar Installation
Find out how much it costs on average to install commercial solar
Commercial solar, as its name suggests, is solar for businesses. From small local businesses to large corporations, commercial solar covers a variety of different types of customers and projects. In Malaysia, the cost of installing solar panels for commercial use can vary depending on a number of factors, such as the size of the system, the location and the type of solar panels used. On average, the cost for a commercial solar panel installation in Malaysia can range from RM100,000 to RM500,000.
One of the main factors that affects the cost of a commercial solar panel installation is the size of the system. The larger the system, the more solar panels, inverters and other equipment are needed, which will result in a higher cost. The location of the commercial building also plays a role in the cost, as some areas may have higher installation costs due to factors such as difficult roof access or a lack of local solar installers.
Another factor to consider is the type of solar panels used. There are several different types of solar panels available, each with their own advantages and disadvantages. Monocrystalline solar panels are typically more expensive than polycrystalline solar panels, but they are also more efficient, which means they can generate more electricity per square metre. Thin-film solar panels are also an option as they are less expensive than monocrystalline or polycrystalline solar panels but less efficient.
The cost of labour and installation is also a significant factor in the overall cost of a commercial solar panel installation. Professional solar installers will be needed to install and maintain the system, which can add to the overall cost.
It's important to note that the cost of commercial solar panel installation can be offset by government incentives and rebates. The government of Malaysia offers various incentives for companies to install solar panels, such as tax exemptions and subsidies. These incentives can help to reduce the overall cost of the installation and make it more affordable for businesses.
In conclusion, the cost of commercial solar panel installation in Malaysia can range from RM100,000 to RM500,000 on average. However, the actual cost can vary depending on the size of the system, the location, and the type of solar panels used. Additionally, government incentives and rebates can help to offset the cost of the installation, making it more affordable for businesses. It's important for businesses to consider the long-term benefits of solar energy, such as reduced electricity costs and environmental benefits before making a decision.