How Solar Beats the Economics Just Because of Benefits
Solar Digital Squad
April 22, 2019
The nation first engaged itself with the solar trend through end consumers: the homeowners. Then, the commercial and industrial sector followed suit, recognizing and internalizing the economics of rooftop solar systems in the Philippines. These two case studies showcase car dealerships in two different provincial cities in the Philippines. Both facilities installed a 99.9 kWp solar panel system.
Car Dealership in Batangas City
In June 2017, a global car dealership’s 99.90 kWp solar system installation was energized. The system cost Php7.3 Million. Installation was performed in the course of 30 days. Annual savings were estimated at Php1.28 Million per year, with a projected ROI of 5.72 years. Analysis of its solar harvest in the last two years indicate that the system has harvested a total of 219.3 MWh (or 219,300 kilowatt hours of electricity). At today’s rates and economy, ROI may be achieved in five years or less.
Batangas City Environmental analysis
This is equivalent to greenhouse gas emissions from 33 passenger vehicles driven for one year. It translates to carbon dioxide emissions from 17,450 gallons of gasoline consumed. It is equal to 359 barrels of oil consumed. That is 169,536 pounds of coal burned. That power can charge 19.7 Million smartphones. That same amount of power can provide the electricity of 27 houses for one entire year.
Car Dealership in Camarines Sur
In November 2017, a global car dealership’s 99.96 kWp solar system installation was energized. The system cost was an outright purchase of Php8.056 Million. Installation was performed in the course of 30 days. Annual savings were estimated at Php1.3 Million per year, with a projected ROI of 6.2 years. Analysis of its solar harvest in the last 21 months indicate that the system has harvested a total of 181.57 MWh (or 181,570 kilowatt hours of electricity).
Camarines Sur Environmental analysis
This is equivalent to greenhouse gas emissions from 27 passenger vehicles driven for one year. It translates to carbon dioxide emissions from 14,448 gallons of gasoline consumed. It is equal to 297 barrels of oil consumed. That is 140,367 pounds of coal burned. That power can charge 16.4 Million smartphones. That same amount of power can provide the electricity of 22 houses for one entire year.
It’s all about protecting the planet
Homeowners, entrepreneurs, and business executives enjoy solar not just for its financial rewards, but also for the environmental pay-off. Switching to solar generates local and global environmental benefits.
There is enough mercury in multiple bodies of water to contain safety hazards. Most people do not realize that the primary source of mercury pollution is coal-fired power plants. With the dawn of solar power, there will be less mercury pollution because solar results in zero mercury emissions.
Solar is clean and safe, and does not cause air pollution. It doesn’t come from coal-burning power plants that emit gases that cause air pollution and smog. No harmful particles invade the air we breathe. Solar also does not cause thermal pollution.
Conventional power plants are cooled by bodies of water, such as lakes and streams surrounding it. This water thus gets heated, raising the temperature too high that it becomes destructive to aquatic ecosystems.
Solar has none of these results, effects, or consequences. Solar panels have no emissions. The systems are clean, safe, healthy. They do not contribute to any environmental problems, thus protecting the planet.
In a nutshell
To sum it up, both car dealerships in both provincial cities will be achieving ROI in an average of five years, making both investments wise, sensible, and feasible. Additionally, the environmental benefits are endless, making the investment a win-win for the planet.
Turn on the sun
For more information on solar system installations and solar systems in the Philippines, click here. If you also want to #TurnOnTheSun then give us a call at 5040092 or 09178603141, or email email@example.com or visit www.solaric.com.ph.
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