MY MONTHLY ELECTRIC BILL IS 20K: SHOULD I GO SOLAR?

  • 12/23/2019
  • |
  • By Sean Si
Close up of an electricity bill

 

What going solar really means

Shot of a home's roof with solar panels

Going solar is the new trend. It has become a lifestyle – one that has captivated Asia: go clean, green, safe, sustainable, and renewable. Solar panel systems can definitely reduce electric bills by 30% to 75%, increase the market value of your property, reduce your carbon footprint, and help protect the planet. The question, however, is: should you go solar?

 

Ask yourself the right questions

Going solar is not a simple initiative. There are many things to consider before making the decision. If you are uncertain about whether to go solar or not, here are the main questions to ask yourselves. We want to help you make the best decision.

 

1. Do you want to use the power of the sun?

The sun shining

The Philippines is a tropical Southeast Asian country. The average home in the Philippines receives an average of 4.5 hours of sunlight per day. This means that if you live in the Philippines, then you are certainly one of the very best candidates in the world for solar. The sun is a free, unlimited energy resource, and it is going to continue to shine for the next 5 billion years. The first question is: do you want to use the sun’s power? If yes, then proceed.

 

2. Do you want to reduce your bill?

This also comes with the fact that the Philippines is plagued with constantly increasing power rates. The average electricity price for homeowners is, to date, the second-highest in Asia. Each year, the power rates soar. The demand increases, the supply decreases, and the generation charges continue to climb. It is time to seriously ask yourself what your energy goals are. Why do you want to go solar? Is it because you want to reduce your monthly electric bills? If yes, then by how much do you want to reduce your monthly bills?

 

3. Do you want to eliminate your bill (or do you want a Zero Bill)?

Close up of electricity bills in its envelopes

If the answer to question #2 was yes, then it is time to examine further and ponder this question #3. There is a major difference between the two questions. You will have to decide which direction you want to take because your answer will determine the next steps. Once you’ve decided whether you simply want to reduce your bill or if you’ve decided you want to get rid of your bill altogether, then it is time to move on to question #4.

 

4. Are you willing to invest in a system that will give you an ROI of 5 years or less?

If you have a roof, you can go solar. If you want to reduce your bill, you can go solar. If you want to eliminate your bill, you can go solar. This question, though, is now about the investment. With any solar investment, the typical return on investment (ROI) is five years or less. This makes it a wise investment – not just financially, but environmentally as well. You have to be willing, ready and prepared to make that investment. The 5-year ROI does not even take into account the credits you may generate from exporting your excess power to the grid through the net metering program. With that setup, we’ve seen solar clients achieve ROI in 3 years. If you consume all the power that your system generates, you will still achieve ROI in 5 years or less. This makes the investment a win-win: economically profitable, payback guaranteed, and environmentally responsible. Most people say that when you go solar, the system pays for itself in the first five years. In the succeeding 20 years, the system pays you.

 

5. Do you want to protect the planet?

A hand holding the earth

Going solar used to simply be about being financially sensible and being practical. Now, however, it has become a serious advocacy about clean energy from the sun. If you install rooftop solar, your home will be a powerhouse that will combat greenhouse gas emissions. You will reduce your carbon footprint on planet earth. How? With solar, you would be less dependent on your utility company, which burns fossil fuels to produce electricity. If you solarize your home, then you will be a renewable energy source. This translates to the fact that you will be directly contributing to a cleaner, greener, and more sustainable world and future.

If you answered YES to all five questions above, then you are forward-thinking and embracing the energy reform decade. It also means that you are ready to go solar and it will most definitely be a worthwhile endeavor and investment for you.

 

Turning on the sun

At Solaric, we appeal to Filipino sensibilities of approachability, service and value. Before we give a quotation, we learn how you use energy. We determine the best ways to maximize your return on a hard-earned investment. We present different strategies to ensure that you achieve your solar goals. We want to ensure reduced expenses and increased savings so that you make that one-time wise business and environmental investment. We always do our best to deliver fast, efficient, and thorough customer service. We are in the business of not just selling solar panels – but also enabling solar-powered lifestyles. With this, we want to provide endless satisfaction by delivering Solaric Service Satisfaction, ranging from permanent reduction of electric bills to the ultimate ZERO bill.

 

Solaric is the leader in rooftop solar

Solaric has established its name across the renewable industry as a proven and reputable rooftop solar leader. Backed by decades of experience, 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. We want every Filipino to enjoy the benefits of clean and renewable power. Welcome to the new generation of solar and turning on the sun.

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Contact the solar experts

For more information on solar power systems and solar system installers and experts, click here.

If you also want to #TurnOnTheSun then give us a call at 5040092 or 09178603141 or 09083775577, email info@solaric.com.ph or visit www.solaric.com.ph

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.