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Emit Solar Introduction

The document provides an overview of Emit Solar, a solar energy solution by Time Energy, which offers hassle-free solar systems for Malaysian homes with guaranteed savings on electricity bills. It details the workings of solar systems, the savings guarantee, and various payment plans, emphasizing zero upfront costs and maintenance included in the contract. Additionally, it outlines promotional offers and the company's commitment to customer support and system performance monitoring.

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jonfalcon
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0% found this document useful (0 votes)
31 views36 pages

Emit Solar Introduction

The document provides an overview of Emit Solar, a solar energy solution by Time Energy, which offers hassle-free solar systems for Malaysian homes with guaranteed savings on electricity bills. It details the workings of solar systems, the savings guarantee, and various payment plans, emphasizing zero upfront costs and maintenance included in the contract. Additionally, it outlines promotional offers and the company's commitment to customer support and system performance monitoring.

Uploaded by

jonfalcon
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 36

TM

Solar infinite
Time Energy
2024
What is NEM - Introduction Process & Viability

Generate Electricity Offset from bill Tariff Conversion Capacity

Energy generated The exported “one-on-one” Capacity limits is


from solar will be energy will be offset basis – defined by the house
used first, and any used to offset part using the same power phase. Single
excess will be of your electricity TNB Tariff Phase (6kWp) and
exported to the bill Three Phase (15kWp)
grid.

2
How Solar Systems Work Process & Viability

2 3 4 5

1 Solar panels 2 Inverter 3 Main Switchboard (DB) 4 Bi-directional meter 5 Power Grid (TNB Grid)

3
How Solar Systems Work Process & Viability

2 3 4 5

1 Solar panels 2 Inverter 3 Main Switchboard (DB) 4 Bi-directional meter 5 Power Grid (TNB Grid)

Solar panels An inverter The AC current goes A bi-directional Any shortfall will be
convert energy converts the through the DB meter measures the supplied by the TNB
from the sun into electricity from (Main Switchboard) energy grid and any excess
electricity. DC to Alternating – ready to be used used(imported) and energy can be
Photons from the Current (AC) and first by the home excess energy exported to TNB.
sun fills the solar channels the When there is not enough
produced (exported).
panels with Direct solar electricity
Current (DC)
energy to your Any excess electricity is
exported to the grid via generated, electricity is
main
a bi-directional meter. imported from the grid.
switchboard.
4
Introduction About Time Energy

Who We Are What We Do Why We Do It How We Do It

A wholly-owned Simple, hassle-free Disrupt the current Inject our extensive


subsidiary of solar solutions to model with simple tech expertise and
TIME dotCom, Malaysian homes. solutions, accessible high performance
listed on KLSE to everyone. standards.
since 2001.

5
Product Emit Solar

Solar Infinite
Malaysia’s first and only complete home solar solution
that guarantees savings from day one.
With zero cost, the return on investment is infinite.

Fixed, flat Guaranteed Zero Hassle


Rate Savings

4
Value Proposition Emit Solar

Fixed, Flat rate Guaranteed savings Hassle-free


Every RM1 you pay for Emit Solar = Free maintenance
No upfront payment guaranteed savings of RM1 on your
TNB bill

24/7 support
Monthly subscription
based
Infinite savings from Day 1
Emit Solar Warranty

5
Value Proposition Emit Solar

No upfront payment
• No huge investment, just manageable monthly payments
• We invest you enjoy the renewable energy
Guaranteed savings
• Immediately increase your disposable income
• Savings on TNB is greater than payment to TIME Energy (for Emit Solar PV system)
Maintenance on us (approx. RM500/year elsewhere)
• Periodic check on system and cabling
• Periodic maintenance on solar panel
• Includes repairs and replacements (and labour) under our Emit Solar warranty
Safety
• Our commitment of Zero compromise on safety
• Professional installations that abide to stipulated regulations
6
Value Proposition – Emit Solar Warranty Emit Solar

“Emit Solar Warranty”


Solar Panels
All Warranties and Insurance are
covered throughout the whole Emit
Solar contract term under “Emit Solar
Solar Inverters Warranty” –

1 point of contact for customers


throughout their whole Solar Journey
During Installation
End-to-End Care by Time

After Installation
(Throughout Contract Term)
7
Value Proposition – Savings Guarantee Emit Solar

“Emit Solar Savings Guarantee”


1.Emit Solar guarantees that whatever you pay us monthly, we will ensure that
What is Savings you save the same amount in your TNB bill (minimum amount of savings).
• We guarantee your annual average savings over 12 months (against your pre-
Guarantee? NEM bill).
• This guarantee will be throughout the contract term upon power-up.

• Guaranteed savings is conditional on a minimum monthly total


Condition household electricity usage, determined by the bills provided to us
when signing up.

• The guaranteed savings is limited to our recommended system size,


System Size if you choose a larger system size, the additional savings are not
guaranteed.

8
Value Proposition – Savings Guarantee Emit Solar

We provide the following to ensure that the solar system is always functioning at its best, at
no extra cost for the entire contract duration:

Emit Solar Warranty System Monitoring System Maintenance


One complete plan covering We keep an eye on the system Periodic maintenance and health
everything, including materials and 24/7/365 to identify and rectify checks, a service that may cost over
labour. issues quickly. RM500/year elsewhere.

9
Value Proposition – Savings Guarantee Emit Solar

To deliver on our Savings Guarantee, we need:

Maintenance Access Home Modifications Prompt Reporting


Timely access to perform Prior notification before making home Immediate notification of any issues
regular maintenance or alterations that may impact the with the system.
necessary rectifications. system.

10
Value Proposition – Savings Guarantee Emit Solar

Our Savings Guarantee could be subject to change if any of the following occur:

Electricity Usage Regulatory Changes Unpredictable Events


Significant decrease in the Major changes in policies, regulations Things beyond our control, including
household’s electricity consumption or tariffs. interruptions to your power supply.
in a particular month(s).

11
Monthly Payment vs Outright Purchase Emit Solar

MONTHLY PAYMENT OUTRIGHT PURCHASE

Zero upfront payment ✓ X

Fixed monthly payment ✓ X

Guaranteed savings from day one ✓ X

Inclusive of warranty, maintenance,


repairs, replacements and insurance for
✓ X
the duration of your contract

Bank loans/interest cost/credit card


X Optional
payment plans

Hidden cost (Financing, Repairs, Permits,


X ✓
Insurance, etc.)

13
Product Pricing Product

Depending on
existing
electricity
usage and roof
size

(RM160/month) (RM240/month) (RM400/month)

Standard Package
Price Duration
Based on system size 10 years
To own the system after 10 years, a final payment equivalent to one month’s fee will be required.

Progressive Buyout Plan


Duration Price (additional payment on top of standard plan)
7-Year plan Based on system Size
5-Year Plan Based on System Size
These additional payments, plus one additional monthly payment will fully offset the total purchase price at
the end of the chosen tenure. This offer is only applicable before your contract starts.
11
Product Info – Emit Solar We Are Time Energy

Product Info Rules

Standard Plan – 10 Years


Contract Duration
Buyout Progressive Payment Plan - Flexibility
to choose 5 or 7 years (before contract starts)
Deposit OTC
(RM3,000) is
Ownership Time owns and maintains the system
applicable on
Foreign Deposit plans registered
Payment Plan Monthly. No upfront cost. under
foreigners.
Fully inclusive - Maintenance of PV system
Maintenance
(Panels & Inverter)

Fully inclusive - 24/7 monitoring of PV


Monitoring
system’s performance Free first 3
Promo Available months (100%
Termination Available anytime with penalty off)
Buyout option (no subscription
Allowed after 5 years
plan)
Relocation Allowed with otc RM2,500

Ownership Transfer Allowed


16
Product Options for Customers Product

Standard Package

Price Duration

Monthly subscription based on system size 10 years


To own the system after 10 years, a final payment equivalent to one month’s fee will be required.

Available Buyout options for customers

• Standard Plan (10 years) + 1 month final payment to


Option 1 - Standard
own the system

• 5 or 7 year buyout option (progressive monthly


Option 2 – Progressive Buyout payment) to be decided before the start of contract
• Additional monthly payment

• Decided after start of contract


Option 3 – Buyout after 5 years • Lump sum buyout
• Made available after year 5 of contract

11
Customer Payments Product

Payments

Emit Solar – Solar Infinite Plans


Monthly Charges
Monthly Charge model

Payment Methods • Auto Debit (credit/debit card)

• Termination
• Buyout (After 5 years)
One-Time Charges (OTC) – if applicable • Equipment Maintenance (after contract period)
• Equipment Purchase (if applicable)
• Equipment Relocation

11
Product Promo Emit Solar

“First 3 Months on Us!”


• TIME Energy is offering 100% off the Monthly Charges for the first three (3) months for
Background new subscribers of the Solar Infinite Plan on a:-
• Made available for all plans (Standard or buyout progressive payment plans)

1. Must have an average monthly TNB bill of at least RM350.00.

Promo Qualifications 2. Accept proposal within 14 days


3. Must enroll in Auto-Debit Payment Services (APS) or establish direct debit payment
processing.

• Upon Auto Debit enrollment, a deposit equivalent to one 1 month's Monthly Charges
will be charged.
1 Month Deposit
• This Deposit will be collected and held to pay the bill for the first chargeable month
following the conclusion of the discount period (4th month’s payment)

11
Savings
Guarantee
Banner Savings Guarantee

YOUR BILL SAVINGS


GUARANTEED
We guarantee that you will save RM1 on your electricity
bill for every RM1 you pay us for the system, or you will
get your money back.

Learn More

22
Unlocking Your Solar Savings Savings Guarantee

Choosing an Emit Solar system is more than just installing solar panels – it’s securing your savings with Malaysia’s first and only Savings Guarantee.

Here’s how we ensure you benefit:

System Design
1
We design a system to maximise your savings, considering your current electricity usage and roof condition.

Savings Projection
2
We estimate your annual savings and set a guaranteed minimum based on our recommended system size.

Annual Assessment
3
We measure the electricity the solar system has generated to determine your actual savings.

Savings Guarantee
4
If your actual savings are lower than our guaranteed amount, we credit the difference to your future bills.

Note: ‘Savings’ refers to the reduction in your electricity expenses with Emit Solar compared to traditional electricity costs.

23
Our Savings Guarantee: More Than Just the Minimum Savings Guarantee

For every RM1 you spend on our system, you’ll save RM1. This effectively makes your investment ZERO COST. However, you can look forward to even
more!

Consider a TNB bill of RM500 and a recommended 6.5 kWp Emit Solar system. Here’s what you can expect:

Before Solar After Solar Savings

TNB Bill/year RM6,000 RM1,704 RM4,296 (72%) 1

Emit Solar Bill/year N/A RM3,120 2 N/A

Total/year RM6,000 RM4,824 RM1,176 (20%) 3

1 Estimated Savings: Expected reduction in your electricity bill.

2 Guaranteed Savings: Minimum savings we ensure, equal to the cost of the system.

3 Net Savings: Additional savings you enjoy.

We detail all these figures in our proposal, so you know exactly what you get from your investment.

Calculate Your Savings


24
Our Savings Guarantee: More Than Just the Minimum (cont.) Savings Guarantee

Here’s a breakdown of the same TNB bill before and after going solar that illustrates how you save:

Before Emit Solar After Emit Solar 1 By generating your own electricity, you use less
from TNB. This helps you avoid the higher tariff
Tariff Rate Amount Tariff Rate Amount blocks, the most expensive part of your bill.
(kWh) (RM) (RM) (kWh) (RM) (RM)

200 0.218 43.60 200 0.218 43.60


2 Potential savings on taxes & other charges are
100 0.334 33.40 100 0.334 33.40 excluded from these calculations, as these vary
based on the energy consumption pattern of
1 300 0.516 154.80 49.2 0.516 37.75 each household.

300 0.546 163.80 0 0.546 0

143 0.571 82.22 0 0.571 0

Electricity Usage Charges 477.82 Electricity Usage Charges 114.75

ICPT 0 ICPT 0

SST 19.27 SST 19.27

KWTBB 7.56 KWTBB 7.56

2 Taxes & Other Charges 26.83 Taxes & Other Charges 26.83

Total Bill 499.52 Total Bill 141.58

This is a simple illustration. Actual results may vary.


25
Delivering on Our Savings Guarantee Savings Guarantee

To ensure our Savings Guarantee, we are dedicated to keeping your solar system operating at its best at no cost to you.

Here's how we ensure your savings are protected:

Emit Solar Warranty System Monitoring & Dedicated Support System Maintenance

Our complete warranty covers We keep an eye on the system 24/7/365 Periodic maintenance and health
everything, including materials and to identify and rectify issues quickly. checks, a service that may cost over
labour. RM500/year elsewhere.

These measures are in place for the entire duration of your contract, giving you complete peace of mind.

26
The Emit Solar Promise Savings Guarantee

With our solution, you save more than you pay from day
one, giving you an infinite return on investment.

Our Savings Guarantee, backed by our commitment to


ensuring the solar system's peak performance, means we
handle every detail of your solar experience.

We are proud to be the only provider of this unique solar


solution for Malaysian households.

I’m Interested

27
Common Questions Savings Guarantee

1. What is the guaranteed amount I can expect to save annually?

Your annual guaranteed savings will equal your annual payments for the recommended system size. The guarantee is contingent on you maintaining
a minimum monthly electricity usage, calculated from the TNB bills you provide. We will outline all the details in our proposal.

2. What if my electricity usage falls below the minimum level?

If your electricity usage falls below the minimum required level in any month, that month will be excluded from our annual Savings Guarantee
calculations.

3. Does the Savings Guarantee apply to all system sizes?

It applies to the system size we recommend and not to any additional capacity you may request for.

4. How much can I actually save on my TNB bill?

We typically recommend a system that aims to reduce your monthly bill to about RM100 to RM150, potentially resulting in savings of up to 90% if
your current bill is RM1,000. However, factors like roof size, roof angles, and government regulations can affect the results. We'll explain all of these
in detail during our site visit.

5. If I consider my new TNB bill and Emit Solar payments, how much can I expect to save?

Approximately 15% compared to your current TNB bill. It’s worth noting that if you use more electricity or the rates go up (which they will), you
could save even more.

28
Common Questions (cont.) Savings Guarantee

6. How do you calculate my savings?

We calculate your savings by measuring the electricity generated by your system, including both your direct usage and any solar electricity exported
to the grid under the NEM scheme. We then determine how much you would have paid for that electricity using current TNB rates.

7. Do savings include charges like ICPT, KWTBB, and SST?

Our Savings Guarantee calculations exclude potential savings on ICPT, KWTBB and SST. You can save on these charges, but they depend on how
much solar electricity you use and how much you export. Using more solar electricity during peak sun hours increases these savings.

8. How do I know if I’ve achieved my annual guaranteed savings?

We'll provide an annual assessment report within a month of each calendar year's end.

9. Is there anything I need to do to ensure my guaranteed savings?

We need your help with:


• Granting us timely access to perform regular maintenance or necessary rectifications.
• Notifying us immediately if you notice any issues with the system.
• Making sure the system is not turned off or tampered with any way.

10. What factors could affect the Savings Guarantee?

The Savings Guarantee might be suspended, modified or voided under certain circumstances, including:
• Changes in government policies or regulations.
• Event beyond our control, such as natural disasters and interruptions to your power supply.
• Unauthorised changes or damages to the solar system.
29
Common Questions (cont.) Savings Guarantee

11. How would weather affect my system's performance and the Savings Guarantee?

Short-term weather changes might affect power generation, but the Savings Guarantee accounts for yearly performance, balancing out these
variations.

12. What happens if I buy out my system early?

If you terminate the contract or have bought out the system, the Savings Guarantee will no longer be applicable. Any previously entitled savings will
not be retained.

13. What happens to the Savings Guarantee when my contract ends?

The guarantee ends with your contract. However, you may still save on electricity, especially if renewable energy incentives like the NEM scheme
still apply.

30
Process & Viability
Overall Process Process & Viability

We submit
We conduct
We initiate We send out applications
a physical
Prospect contact and a design and follow We install We
site survey
registers send proposal + up for the solar commission
and collect
interest preliminary order approvals system the system
required
proposal confirmation from SEDA &
documents
TNB for NEM
4–8
T + 2 days T + 3 days T + 3 days T+5 days T + 3 days
weeks

Registrations of interest are done on www.emitsolar.com


Preliminary proposal is based on information provided during registration of interest and a desktop study (software)
Documents to be collected during site survey:
Property ownership
Copy of MyKad / passport
Copy of SPA / property title / quit rent bill
TNB bill for the last 3 months
NEM paperwork
NEM Rakyat contract
SEDA Declaration form
TNB NEM Meter Application Form
TNB Data Access Request Form
Solar system proposal and order details will be sent out via email and must be accepted within 14 days
Installation can take 6 to 8 hours
Customer to notify us on receipt of TNB welcome letter for system commissioning

32
Overall Process Process & Viability

BA’s come
in here
We submit
We conduct
We initiate We send out applications
a physical
Prospect contact and a design and follow We install We
site survey
registers send proposal + up for the solar commission
and collect
interest preliminary order approvals system the system
required
proposal confirmation from SEDA &
documents
TNB for NEM
4–8
T + 2 days T + 3 days T + 3 days T+5 days T + 3 days
weeks

Registrations of interest are done on www.emitsolar.com


Preliminary proposal is based on information provided during registration of interest and a desktop study (software)
Documents to be collected during site survey:
Property ownership
Copy of MyKad / passport
Copy of SPA / property title / quit rent bill
TNB bill for the last 3 months
NEM paperwork
NEM Rakyat contract
SEDA Declaration form
TNB NEM Meter Application Form
TNB Data Access Request Form
Solar system proposal and order details will be sent out via email and must be accepted within 14 days
Installation can take 6 to 8 hours
Customer to notify us on receipt of TNB welcome letter for system commissioning

33
Pre-requisites & Conditions Process & Viability

• There are several considerations before we can propose a suitable Solar Infinite
package

1 2 Single / Three 3 4 5
TNB Bill Shading Analysis Roof Conditions NEM Application
phase
• Bill must be • Determines the • Solar generation • Roof assessment • Upon completion of
≥RM350 /month limit of system size differs for every will be carried out the roof
(preferably every we can install: customer/house to determine assessment Time
month). • Single phase– • Depends on roof whether it is able Energy will
• Ensures we can max 6 kWp to handle the solar recommend a
orientation and panel weight suitable Emit Solar
suggest an optimal • Three phase – surroundings (e.g.
system to max 12.5kWp (~30kg each) Infinite design &
high rise building, hills,
maximize customer • Its not advisable to package for the
• Note: the trees or any obstacle
savings that will hinder the install solar if there customer.
minimum we offer
is 4kWp solar system is a history of roof • When customer
performance) leaking, termite accepts the
damage or in proposal, an
general weak roof application must
structure be made to NEM

34
Customer View: What to expect during the journey Process & Viability

Site survey SEDA Installation TNB Power up

• Confirm Bill is ≥RM350 • During this stage, you • We will need a working • We will submit your • We will schedule a
and your house is will receive 4 emails space for us to place the application to TNB. TNB power-up activity
within Klang Valley. when SEDA processes solar panels and might schedule a change and perform all
• Can I schedule a site your application materials on installation meter appointment with required compliance
survey with you to • You don’t need to day. you if your meter is not testing before you
ascertain the system respond to these • Our project manager will compatible with NEM. can use the solar
size. emails we will handle be around briefing and • Once the above steps are system.
• We will collect some them including paying monitoring our team completed, you will receive • Once all testing is
documents from you: the fees. during the entire a “NEM Welcome Letter” completed we will
1. Property ownership • At the end of this installation. from TNB. have you sign our
• Copy of MyKad / journey you will • You will experience a • We will need you to update SEDA compliance
passport receive a SEDA short 3-5mins power us when you receive this documents.
• Copy of SPA / certificate, then only outage when we connect certificate from TNB. (TNB • This will be the
property title / quit we can submit your our cable to your DB and only deals directly with contract start date
rent bill application with TNB. perform some test. homeowners). for your Emit Solar
• TNB bill for the last • Note: SEDA approx. 10 • We will need your WiFi Notes: package.
3 months working days SSID and password for • TNB may not schedule an Notes :
2. NEM paperwork Notes: us to connect the appointment if your meter • Special Promo for
• NEM Rakyat contract • Should the customer inverter to internet. is NEM enabled or your those who sign up
• SEDA Declaration be blacklisted with meter placement is located for Auto Debit: Free
form TNB then we shall Notes : outside of your house. for 3 Months!
• TNB NEM Meter cease the order until • Our Project manager may • TNB will charge RM10 for
Application Form the customer clears call off the entire stamp duty, we will
• TNB Data Access outstanding bill with installation if we reimburse this payment
Request Form TNB discover your roof tiles directly to your TIME Energy
can't withstand the account
weight, which may result • TNB process may take up to
in roof leaking etc 4-weeks
35
Any questions?
And thAt’s time

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