Solar PV cn help businesses save at least 25% on Energy Costs

Unless you are like me, the inverter kaputs every 2 years or so. And I don’t want savings, I want profit.

Dateline 2021-08-XX, The Star (hey, don’t they put datelines in anymore?)

A typical solar photovoltaic (PV) panel installation on commercial or industrial properties would help businesses to save potentially at least 25 per cent in electricity cost, UOB Malaysia deputy chief executive officer Ng Wei Wei said.

She said the amount of savings translates to an average payback period of three to five years on businesses’ total investments.

“Landed residential property households get to enjoy between 30 per cent and 50 per cent of monthly savings in electricity bills.

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