Solar Digital Squad
January 15, 2019
Solar is really the cheapest source of power
It’s true. Solar power is really, truly the cheapest source of power, most specifically in the Philippines, where it is the best alternative to power generation. This kind of power is easy and simple to generate with today’s affordable solar panels in the Philippines. It’s reliable, accessible, and affordable.
“A decade ago, solar tech was expensive and not exactly financially feasible. Now, with more nations getting onboard, and with higher demand, solar power has become affordable for the average consumer. It isn’t just a power source choice. It is ideally the only choice that makes any sense,” said Jade De Guzman, the Vice President of Solaric, the recognized leader in solar rooftop in the Philippines.
How low can you go?
Solar panel prices have dropped so low that records claim that the rates declined 90% in the last decade, and 50% in the last three years. Solar panel experts that studied prices of solar panels through the years concluded that the price per watt peak (Wp) panel was Php150 in the early 2000s, which is equivalent to Php150,000 for a 100-Wp solar panel. Now, however, the cost averages to just about Php15 per Wp, which translates to Php15,000 for a 100-Wp panel. Then: Php150,000. Now: Php15,000. The numbers back up the stats: 90% drop.
Who’s hopping in the backseat?
The common misconception among us Pinoys is that rooftop solar is just for the houses. The truth is, it is not just the households that are clamoring for solar and switching up to the good life. Many establishments are going solar and turning on the sun: schools, factories, ice plants, car dealerships, shopping malls, banks, buildings, condominiums, and more. Industry names that have tapped the rooftop solar potential Toyota, SM and Robinsons malls, De La Salle University, and Asian Development Bank. Well of course. Who wouldn’t want cheaper power? Once you install solar your solar panel in the Philippines, you can register with Net Metering. Then you get credited for your excess or surplus electricity. You join the Net Zero phenomenon, otherwise known as the #ZeroBill.
“Solaric has installed rooftop solar in over 2,000 homes and establishments nationwide. We’ve trained over 5,000 individuals on solar. The demand for knowledge and power is clear. There’s only one direction, and that’s renewable,” Jade states. “These are definitely exciting times in the power industry.”
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.