Draft of many policies to support households installing rooftop solar power

Interest rate support for household solar power systems

According to the 3rd Draft of regulations on support policies for households installing self-produced, self-consumed rooftop solar power and electricity storage systems of the Ministry of Industry and Trade , household solar power systems are supported with commercial loan interest rates for investment.

Households are entitled to apply the short-term loan interest rate in Vietnamese Dong according to the provisions of Clause 2, Article 13 of Circular No. 39/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam . The maximum interest rate support period is 3 years from the date of disbursement of the loan according to the credit contract with the commercial bank.

Loan limit with interest support for household solar power systems without electricity storage system: Minimum is 4 million VND for each 1 kWp of maximum capacity recorded on PV panels and only applies to maximum capacity up to 5 kWp.

The loan limit with interest rate support for household solar power systems with electricity storage systems is also supported with a minimum of 2 million VND for each 1 kWh of electricity storage system and only applies to the capacity up to 10 kWh.

For household solar power systems that need to sell surplus electricity output, the household owner must negotiate with the surplus electricity buyer to receive support for investment in installing a two-way electricity metering system suitable for the grid connection capacity of the surplus electricity buyer according to regulations.

After completing the installation and operation of the household solar power system according to regulations, the minimum installation support is 1,000,000 VND but not exceeding 1,500,000 VND if not installed with an electricity storage system. In case of installing with an electricity storage system, the minimum support is 1,000,000 VND but not exceeding 1,500,000 VND.

In addition, household solar power systems are technically supported during the investment, installation and operation process when requested by the Householder.

Conditions for financial support

Household owners who need to borrow investment capital with commercial loan interest support must meet the requirements, conditions and carry out loan procedures according to the provisions of law and of relevant credit institutions.

Accordingly, for household solar power systems (excluding the attached power storage system, if any): The total rated capacity of the photovoltaic panels must be from 1 kWp or more. For the power storage system installed with the household solar power system: The total rated capacity of the power storage system must be from 2 kWh or more.

The householder shall submit a request for support for installation costs to the People's Committee of the commune where the household solar power system is installed, with the main contents according to the application form in the Appendix attached to this Decision. Comply with relevant regulations in Chapter III of Decree No. 58/2025/ND-CP of the Government .

According to the Ministry of Industry and Trade, this Decision applies to household solar power systems that have completed the notification or development registration procedures as prescribed in Chapter III of Decree No. 58/2025/ND-CP of the Government.

Source: https://baoquangninh.vn/du-thao-nhieu-chinh-sach-ho-tro-ho-gia-dinh-lap-dien-mat-troi-mai-nha-3372496.html