Interest rate support for household solar power systems
According to the 3rd Draft regulating policies to support households to install self-produced and 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 subject to short-term lending interest rates in Vietnamese Dong as prescribed in 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 issuance of loans under credit contracts with commercial banks.
Interest rate loan limit for household solar power systems not installed with electricity storage systems: Minimum 4 million VND for each 1 kWp of maximum capacity recorded on PV panels and only applicable to the maximum capacity of up to 5 kWp.
The limit for loans with interest rate support for household solar power systems with installed power storage systems is also supported with an additional minimum of 2 million VND for each 1 kWh of the power storage system and only applies to the capacity of up to 10 kWh.
For household solar power systems that need to sell surplus electricity products, the household owner agrees with the surplus electricity buyer to be supported with investment in installing a two-way power measurement system in accordance with the power grid connection capacity of the surplus electricity buyer according to regulations.
Household solar power systems after being installed for operation according to regulations are supported with a minimum installation fee of VND 1,000,000 but not exceeding VND 1,500,000 if not installed with a power storage system. In case of installation with a power storage system, the additional support is at least 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 the homeowner requests.
Conditions for financial support
Household owners who need to borrow capital for investment with commercial loan interest rate support must meet the requirements, conditions and carry out loan procedures according to the provisions of law and relevant credit institutions.
Accordingly, for household solar power systems (excluding attached power storage systems, if any): The total standard capacity of phots must reach 1 kWp or more. For electrical storage systems installed with household solar power systems: The total standard capacity of the electrical storage system must reach 2 kWh or more.
The household owner has submitted 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 procedures for notification or development registration according to the provisions of Chapter III of Decree No. 58/2025/ND-CP of the Government.
