Get Solar,

Get a Rainfall of Savings

Absolutely! You can be compensated for any unused solar energy your system exports to the grid.

If you're connected through SP Group, you'll be paid via a rebate that offsets future bills. If you 're using an Open Electricity Market (OEM) retailer, you'll receive payments based on the Wholesale Uniform Singapore Energy Price (USEP) which can vary between S$0.10/kWh to S$0.50/kWh.
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Here's how it works depending on your setup:

For homeowners (SP Group billing):

• You'll be paid at the regulated tariff minus grid charges, which is about 75-80% of what you pay for electricity (~S$0.22/kWh as of early 2025).
• This appears as a bill rebate on your SP Group account.

For businesses (or OEM users):

• Export payments are based on USEP, which fluctuates daily.
• You'll receive your earnings as a remittance cheque from SP Group.
• You can also request payment via GIRO by submitting a form to SP Group.

Learn more about solar export rates.

It depends on the type of property. Here's how it breaks down:

For homeowners:

There are currently no government grants available for solar panel installation on residential properties in Singapore.

But you can still go solar without the high upfront cost, check out our Rent-to-Own solar panels for a more affordable way to get started.

For businesses:

If you own or manage a commercial or industrial building, you may qualify for the Green Mark Incentive Scheme for Existing Buildings (GMIS-EB 2.0) offered by the Building and Construction Authority (BCA).

To be eligible:

• Your building must be Green Mark certified
• The level of funding depends on your Green Mark rating
• Other criteria and documentation are also required

It's a useful option for companies planning broader energy efficiency upgrades along side solar.

Absolutely! Given Singapore’s rising electricity prices, solar panels are a smart move to cut down on those expensive bills while helping save the planet.

The amount of savings you can enjoy will largely depend on 3 factors:

• Your energy consumption patterns
• Your existing electricity retailer and utility rate
• The number of solar panels that your roof can accommodate

Plus, thanks to Singapore’s energy export structure, you can also earn from selling extra power back to the grid. You’re looking at a payback period of 5-8 years for a system that will last you over 25 years. A pretty solid investment, if you ask us.

You can estimate your potential savings with our solar calculator today!

In short, yes! Solar panels are a win-win: you save on electricity bills and get paid for the clean energy you contribute back to the grid. Additionally, you’re helping the planet.

In Singapore’s climate where it is sunny all year round, installing solar panels for your home can help you save energy and costs. However, how much you save is dependent on your roof size and site conditions. Find out how much you can potentially save with our solar calculator tool.