The Government of Malaysia has launched its Green Electricity Tariff (GET) initiative under which a total of 4,500 GWh of renewable energy (RE) will be supplied to consumers in the country. Under the programme, domestic and industrial customers can opt to purchase electricity generated from renewable energy sources such as solar and hydropower facilities beginning January 1, 2022.

GET consumers will be charged an extra RM0.03 for every kW of RE generated under the scheme, with the revenues going toward Malaysia’s RE development initiatives and projects. GET is expected to assist Malaysia-based businesses, investors, and organisations in meeting their environmental, social, and governance (ESG) commitments, in addition to offering domestic consumers the option to switch to RE to reduce their carbon footprint. The GET is also expected to attract new investments, particularly from RE100 firms, who have expressed their intention to transition to 100 per cent sustainable energy by 2030 to 2050.

Applications for power delivery from RE sources under the GET programme will be accepted starting December 1, 2021, and electricity supply will commence starting January 1, 2022. Subscriptions to GET will be sold in blocks of 100 kWh for residential consumers and 1,000 kWh for non-residential properties.