Green Technology Financing Scheme (GTFS) for Solar in Malaysia
Most solar incentive content in Malaysia focuses on NEM and TNB rebates, but for anyone financing rather than paying cash upfront, the Green Technology Financing Scheme (GTFS) is often the more consequential one — and the least understood.
What GTFS actually subsidises
GTFS doesn’t reduce what you pay for the solar system itself. It’s a financing-cost support scheme: the government works with participating financial institutions to make green technology financing (loans, hire-purchase arrangements) cheaper than it would otherwise be — typically by absorbing part of the profit or interest cost.
That distinction matters when you’re comparing options. A quote’s headline installation cost doesn’t change under GTFS; what changes is how much financing that installation costs you over time if you’re not paying cash.
Who this is actually relevant for
If you’re paying for your solar system outright, GTFS financing terms aren’t the deciding factor — your installation cost and NEM savings math is. GTFS matters specifically if you’re financing the purchase, where the cost of that financing is itself part of your total cost of ownership.
In that case, it’s worth asking upfront:
- Which financial institutions currently participate in GTFS
- What eligibility criteria apply to your project and property
- How GTFS-backed financing compares to a standard loan or the installer’s own hire-purchase plan
Why we’re not listing rates or banks here
Like other government-backed financing schemes, participating institutions and terms change — a list here would age out quickly. The reliable move is asking your installer directly which current financing options (GTFS-backed or otherwise) they can arrange, since SEDA-registered installers typically deal with this regularly as part of quoting.
Compare quotes from SEDA-verified installers and ask about current financing options, or see our full incentives overview for how financing support fits alongside NEM and rebates.
Frequently asked questions
What is the Green Technology Financing Scheme (GTFS)?
GTFS is a government-backed scheme that supports financing for green technology projects, solar PV included, typically by subsidising financing costs (such as profit or interest rate) through participating financial institutions rather than paying toward the system's purchase price directly.
Does GTFS reduce the cost of solar panels themselves?
No — GTFS lowers the cost of financing a solar install (the loan or hire-purchase arrangement), not the upfront price of the equipment and installation, which matters if you're comparing it against a straight cash purchase or a private financing plan.
Who should look into GTFS for a solar install?
It's most relevant if you're financing your system rather than paying cash — check current participating financial institutions and eligibility criteria directly, since scheme terms and which banks participate can change over time.
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