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What is NEM - Net Energy Metering

Nem

Effective 1st Jan 2019, the energy generated by NEM consumers will be consumed first which implies that less energy will be imported from the TNB. In many countries, the NEM scheme is effective to hedge against fluctuation or increase in electricity tariff in the future. This is especially relevant for consumers that fall under the high electricity tariff block.

Under the NEM scheme, any excess energy generated will be exported to the TNB grid and will be paid on a “one-on-one” offset basis. The priority is for self-consumption, however some premises especially industrial or manufacturing sectors which may not be operating during the weekends may have excess energy exported to the grid. The credit shall be allowed to roll over for a maximum of 24 months. 

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nem 3.0 announcement

The NEM 3.0 programme involves THREE initiatives -

(i) Program NEM Rakyat,

(ii) Program NEM GoMEn (Government Ministries and Entities) and

(iii) Program NOVA programme (Net Offset Virtual Aggregation)

from Feb 1, 2021 to Dec 31, 2023 with a quota of 100 MW each categories or until all quotas are exhausted.