SAVE 4.0 Initiative Offers Up To RM400 Rebate On Energy-Efficient Electrical Appliances

The Sustainable Power Improvement Authority (SEDA) Malaysia launched the Sustainability Achieved Through Power Effectivity (SAVE) 4.0 initiative yesterday on 10 December 2023. As introduced by Pure Sources, Atmosphere and Local weather Change minister Nik Nazmi Nik Ahmad, shoppers who buy energy-efficient home equipment equivalent to air conditioners and fridges with four- or five-star labels issued by the Power Fee underneath this programme will probably be granted with as much as RM400 rebate.

A complete of RM50 million have been allotted for the initiative via the Electrical energy Provides Business Belief Account, and the rebates will probably be provided till the allocation is used up on a first-come-first-serve foundation. The minister added that Malaysians who’re home electrical energy account homeowners registered with utility firms can benefit from the SAVE 4.0 rebate, which is restricted to at least one account for each buy of licensed air conditioners and fridges.

Program SAVE 4.0 telah dilancarkan oleh YB Nik Nazmi Nik Ahmad, Menteri Sumber Asli, Alam Sekitar dan Perubahan Iklim (NRECC) di tapak reruai NRECC di Program Setahun Bersama Kerajaan MADANI di Pekarangan Stadium Bukit Jalil hari ini.

YBrs. Dr Ching Thoo, Ketua Setiausaha NRECC… pic.twitter.com/3D9bsPBB6h

— SEDA Malaysia (@SEDAMalaysia) December 10, 2023

Shoppers can apply and procure the rebate by bringing an up to date electrical energy invoice upon buying these home equipment at any electrical store or shopping center registered with the programme. Alternatively, they’ll additionally get e-rebates for on-line purchases on accredited e-commerce platforms together with Lazada, Shopee, PGMall, Youbeli and TIkTok Store. 

The initiative follows up on final 12 months’s SAVE 3.0 programme by SEDA Malaysia, which additionally provided rebates for purchases of energy-efficient electrical home equipment. In response to the statutory physique, SAVE 4.0’s implementation interval has been set for one 12 months, beginning December 2023 till December 2024. Shoppers who want to study this initiative can go to SEDA Malaysia’s official web site for extra data.

Supply: SEDA Malaysia [official X account] / official web site)

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