The Malaysian government has long recognized the need to transition toward renewable energy to meet global sustainability goals and national energy security targets. Among the various renewable technologies encouraged is solar water heater. Onewave users in Malaysia can tap into several government incentives and policy benefits that make the switch to solar both affordable and rewarding.
1. Green Investment Tax Allowance (GITA)
Businesses and homeowners investing in renewable energy technologies, including solar water heaters like Onewave, may qualify for the Green Investment Tax Allowance. This tax incentive offers up to 100% tax exemption on qualifying capital expenditures for a period of up to five years.
2. Green Technology Financing Scheme (GTFS)
The GTFS is a government-backed loan program designed to help companies invest in green technologies. Businesses installing Onewave systems may apply for soft loans with interest subsidies, making large-scale installations more feasible.
3. Import Duty and Sales Tax Exemptions
Solar water heating systems certified as green technologies are often exempted from import duties and sales taxes. Onewave, being a trusted name in the solar market, ensures that its products meet these standards, translating to lower upfront costs for consumers.
4. Renewable Energy Roadmap Support
Under the National Renewable Energy Policy and Action Plan, the government is actively supporting solar initiatives through subsidies, educational programs, and promotional efforts. These nationwide campaigns increase public awareness and demand for systems like Onewave.
5. Support from Local Councils and States
Some Malaysian states offer additional rebates and installation grants for households opting for solar energy systems. These localized initiatives further reduce the cost burden on Onewave buyers.
6. SEDA Malaysia’s Advocacy
The Sustainable Energy Development Authority (SEDA) plays a key role in pushing the adoption of solar technologies. While SEDA focuses largely on PV systems, its awareness and training campaigns indirectly boost interest in complementary solar solutions like Onewave heaters.
7. Eco-Friendly Certifications and Fast Approval
Onewave systems often come with green certifications recognized by Malaysian authorities. This facilitates faster permit approvals and smoother documentation, especially for commercial installations.
Conclusion: Making Solar Accessible for All Malaysians
Government support has made solar water heating more accessible and attractive than ever before. Whether you’re a homeowner or a business, choosing Onewave means you’re not only saving on energy costs but also gaining from national incentives. With policies increasingly favoring renewable adoption, Onewave users stand at the forefront of a sustainable future.
