Solar Digital Squad
December 27, 2018
The millennial question
The question is simple. It encompasses the meaning of multiple things but it is posted in the form of two letters: HM? The questions behind those two letters are endless. How much? What is the ROI? What is the capital investment? How much do I save? Everyone wants to know the cost of installing solar panels in the Philippines. They want to know, by asking those two letters, which option is more feasible: to install a solar power system or to keep paying a monthly electric bill until the end of time.
Some put it off, and others decide to do it later or put money into another investment. But as certain as the sun that will rise the next day, we absolutely guarantee that those without a solar investment are committed to continue paying one of Asia’s highest electricity rates.
The pay-off is forever
There is a growing percentage of people who use technology to solve problems. Solaric has been installing solar panels for the past 5 years, and our first batch of customers have fully rewarded with ROI for their solar investment. They are now getting free power from the sun. We have seen the birth of the rooftop solar industry from pricey per watt fringe science to becoming the cheapest and most available energy source, because every consumer becomes a producer of power. Forever.
Talk about net metering
Solaric was the pioneer behind Net Metering. We installed solar in the very first homes that sold power back to the utility company via Net Metering. This is how we made the battery obsolete, and this is how solar power became way cheaper than your Utility cost. It is by sizing solar installations properly that the system can effortlessly power daytime loads, and therefore sell surplus power back to the utility company. At night, the homes run on export credits. Net Metering is something that Solaric handles and processes every single day for our customers, although it is not yet fully understood by the typical, casual consumer.
Go ahead and ask: HM?
For questions like “magkano, HM, ROI atbp”: We need to know some information before we can give an accurate answer – typical monthly electric bill total, usual appliances that run during daytime, roof space feasibility. For a technical thing like energy systems, Solaric conducts free site inspections within Metro Manila. The quintessential question of HM can range anywhere from P35k to the legal maximum of P6.5M (e.g. 99.9kWp net metered installation).
For more information on solar power systems and solar panel prices, click here.
We will gladly explain to you how the system works, or schedule a survey so we can give you options for your new home or existing homes or businesses.
At Solaric we Turn on the Sun.
Solaric is the leader in rooftop solar
Solaric has established its name across the renewable industry as a proven and reputable rooftop solar leader. Solaric has installed more than 50% of residential rooftop solar in the Philippines and has delivered significant cost reductions in electricity expenses, as well as milestone contributions to a cleaner, greener, and renewable future. Solaric is now zoning in on corporate and industrial projects to offer them the same cost reductions. Welcome to the new generation of solar and turning on the sun.
Regina Rome is a solar analyst with the Solar Digital Squad Research.