Tiếng ViệtThe Government is enabling businesses and individuals to benefit from rooftop solar power, helping to meet the growing electricity demand anticipated in 2025. Prime Minister Pham Minh Chinh emphasized that ensuring a sufficient electricity supply for 2025 is an urgent priority, requiring decisive measures, with a particular focus on direct power purchase mechanisms and rooftop solar power development.
Promoting Rooftop Solar Power
On October 22, 2024, the Government issued Decree No. 135/2024/ND-CP to encourage individuals and organizations to install and utilize rooftop solar power. The decree exempts self-produced and self-consumed systems, especially those with a capacity below 100 kW, from requiring electricity operation licenses. Additionally, there are no capacity limits for systems not connected to the national grid, simplifying procedures and encouraging investment.
Promoting rooftop solar installation aligns with the national strategy to enhance energy security, reduce dependence on non-renewable fossil fuels, and address the annual electricity demand growth of 12-13%. Prime Minister Pham Minh Chinh reaffirmed that this approach is essential for strengthening energy self-sufficiency, protecting the environment, and fulfilling international commitments to reducing greenhouse gas emissions.
Unlocking the Benefits of Rooftop Solar Power for Businesses and Individuals
Rooftop solar power offers transformative financial and operational advantages. Households and businesses can achieve substantial savings, cutting monthly electricity bills by 30-50% through the utilization of clean, renewable solar energy. For large-scale facilities like factories or commercial centers, the cost-efficiency of rooftop solar systems can significantly reduce operational expenses and improve overall profitability.
Decree No. 135/2024/ND-CP further enhances the appeal of rooftop solar by enabling individuals and businesses to sell surplus electricity to the national grid at favorable rates, capped at 20% of the installed capacity. This provision creates an additional, stable revenue stream – an attractive proposition in the face of rising traditional electricity costs.
Installing rooftop solar power systems offers both immediate economic benefits and long-term asset value. Properties equipped with these systems tend to attract significant market interest due to their energy efficiency and environmentally friendly features. This is particularly advantageous for real estate businesses and individual investors aiming to enhance property value sustainably.
For businesses, adopting renewable energy is a powerful way to enhance brand reputation. International partners are increasingly drawn to companies that prioritize environmental responsibility. For individuals, installing rooftop solar power showcases a commitment to green living and helps promote sustainable consumption habits.
Leveraging Supportive Policies
Decree No. 135/2024/ND-CP introduces generous incentives to ease the upfront costs of rooftop solar installations. Households and businesses can enjoy tax exemptions on imported equipment and access low-interest loans from commercial banks. Solar equipment providers also offer comprehensive warranties and attractive after-sales services to ensure systems run efficiently and reliably over the long term.
The expansion of rooftop solar power not only addresses Vietnam’s growing energy needs but also presents substantial opportunities for businesses and individuals. With strong support from Decree No. 135/2024/ND-CP, now is the perfect time to invest in rooftop solar power. It delivers economic advantages, supports sustainable development goals, and contributes to building a greener, more prosperous Vietnam.