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PV Rental Business

Purpose

KEA fosters private rental service of solar PV. This program enables service providers to offer installation, operation and maintenance services and customers to use solar PV energy without having to bear the burden of making upfront investment or obtaining government subsidies

Legal basis
  • The article 37 of the Act on the Promotion of the Deployment, Use and Diffusion of New and Renewable Energy
  • The article 37 of the Regulation on the Support for New and Renewable Energy Facilities (MOITE Notification no.2014-56)
Overview
  • Service providers rent solar PV facilities to household and the households pay some portion of the money they saved from the reduced electricity bill for the rental service fee.
    • - Customers: Sum of rental fee and electricity bill is less than 80% of what they used to pay for electricity

    • - Rental service provider: The service providers gain profit from the rental fee and sales of REP*. They provide maintenance service.

      *REP: Renewable Energy Point (certificate of renewable energy generation)

Solar PV Rental Program Overview

Eligibility

Houses with monthly electricity consumption more than 350 kWh for the last 1 year (for the 1 year that ends with the month prior to the month when the rental service request was made)

Capacity

3kW per interconnected-grid