Rafizi urges Malaysians to lease roofs for solar panels to earn extra income

MUKHRIZ MAT HUSIN
28 Jul 2023 09:31pm
Economy Minister Rafizi Ramli after announcing the 2022 Household Income and Expenditure Survey Report today. - BERNAMA
Economy Minister Rafizi Ramli after announcing the 2022 Household Income and Expenditure Survey Report today. - BERNAMA
SHAH ALAM - Malaysians can lease the roofs of their houses to companies under the National Energy Transition Roadmap (NETR) to increase their income, said Economic Affairs Minister Rafizi Ramli.

He added that the public would not have to bear the installation cost of the solar panels. Instead, the company will pay them monthly.

"The company will sell the proceeds from the solar and supply electricity to our energy grid. If we do this, everyone who has a house, whether in Kelantan, Kedah or Terengganu, can benefit from it.

"Many people have been asking about ways to boost their income by renting or leasing their roof space for solar energy installation since we announced the energy transition plan yesterday.

"I understand that installing solar panels can be expensive, ranging from RM40,000 to RM50,000. However, the company is willing to invest in this project and cover the installation costs," Rafizi said in his Twitter post on Friday.
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On Thursday, the media reported that the Economy Affairs Ministry launched the first phase of the national energy transition roadmap (NETR), which is expected to open investment opportunities between RM435 billion and RM1.85 trillion by 2050.

NETR's increased investment is expected to create about 23,000 high-impact jobs and provide high-income and high-value employment opportunities.