Assoc Prof Jamus Jerome Lim: To ask the Minister for Trade and Industry whether the Ministry has explored the possibility of establishing a system for the individual resale of excess power produced from private sources such as that generated from home solar panel systems.
Written Answer by Minister for Trade & Industry Mr Chan Chun Sing
1. Households and businesses with small solar panel systems can sell their excess power into the wholesale electricity market through SP Services as an intermediary, via schemes such as the Simplified Credit Treatment (SCT) scheme or Enhanced Central Intermediary Scheme (ECIS).
2. Businesses with larger solar panel systems can also sell their excess power directly into the wholesale electricity market, by registering as a market participant with the Energy Market Company.
3. More information can be found on the Energy Market Authority (EMA)’s website at https://www.ema.gov.sg/Guide_to_Solar_PV.aspx.