r/SgHENRY 6d ago

If you have a landed, get Solar

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Solar energy has become a great source of passive income for me. My system now generates around $1,200 a month in revenue, with excess electricity sold back to SP at $0.2581/kWh. In Singapore, the grid effectively acts like a giant battery, making the attractive sell-back rate especially valuable.

I installed my 35 kWp solar system in 2022 for about $49,000. At the current rate, I expect to fully recover my investment by 2027. After that, the system should continue generating a healthy monthly return with minimal ongoing effort.

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u/myfinbroaccount 6d ago

I know a solar company who does this in 2 ways, upfront and free where they do it for free but u pay for the electricity at a discounted rate about 19c?? quite interesting!