IS SOLAR WORTH IT?

IS SOLAR WORTH IT?

Benefits of using solar panels in your home

5 Reasons to go solaric right now

The option to go renewable

Solar panel systems or solar panels in the Philippines are one of the greatest ways to reduce electric bills and offset energy costs, reduce your carbon footprint and the environmental impact of your home, and contribute to energy independence and a clean, safe, and sustainable future.

To install or not to install?

To install or not to install

If you are at the crossroads and deciding whether to install solar panels or not, here are the main questions to ponder. It is critical that all factors are taken into consideration before making that lifetime investment.

1. Do you want to reduce or eliminate your electric bill?

We live in the Philippines, where the average electricity price for homeowners is the second highest in Asia. It doesn’t stop there. Each year, the power rates surge, steadily going up higher as supply drops, demand boosts, and generation charges inch up. With a Grid Tie Solar Panel System, which is the most affordable and most popular of the solar systems, the solar panel system is connected to the electrical grid. When the sun is out, the house gets its power from the solar panels. When there is no sun (such as when it’s raining or at night time), the system uses electricity from the grid (which is the utility company, or Meralco). Likewise, if more power is generated by the solar system than is used by the house, then the excess energy is fed into the grid. This surplus power that the grid uses is credited by the utility company and is commonly referred to as the Net Metering Program. With a grid tie system on net metering, the home is likely to offset its nighttime power consumption with its daytime export. In doing this, the electric bill is drastically reduced. Sometimes, the bill is even eliminated. This has given birth to the solar trend in the nation today, otherwise known as the #ZeroBill.

2. Do you want to maximize usage of the sun?

Since the Philippines is a tropical country, the average home receives an average of 4.5 hours of sunlight per day. This makes Philippine homes, houses, facilities, structures, warehouses, offices, and buildings one of the best candidates in the world for solar. The sun is a free, unlimited resource, set to shine its light for another 5 billion years. With a solar panel system, the panels continue to draw energy even when the weather is cloudy. Even indirect or diffused sunlight will still power your house. Even cloudy days produce 10% to 20% of the power generated on sunny days. In other words, most especially in the Philippines, the solar panel system is working nearly all day long. It is your choice whether to take advantage of it or not.

3. Are you ready to make an investment with a 5-year ROI?

An investment in a solar panel system typically has a Return on Investment (ROI) of five years or less. That does not take into account the credits you may generate from exporting your excess power to the grid. If you consume all the power that your system generates, you will still achieve ROI in 5 years or less. On top of that, the warranty on your solar panels runs anywhere from 10 to 25 years. This means you generate electricity then have credits from your system for 10 to 25 years. Solar panel systems reduce or eliminate electric bills as soon as the solar is installed, plus they offer long-term savings. This makes the investment a win-win: economically profitable, payback guaranteed, and environmentally responsible.

4. Do you want to increase your home value?

A solar home will have a higher property value and a higher market value. As more and more people all over the world are educated about solar, the demand for solar homes and solar properties continues to increase. Most home or property buyers understand what a home with solar means. With a solar panel system already in place, with initial investment and installation already completed, statistics reveal that most homeowners recognize the resale value increase per installed kilowatt.

5. Do you want to help the environment and help combat climate change?

Solar panel systems use clean energy from the sun. With installed rooftop solar, your home will combat greenhouse gas emissions. This means your dependence on your utility company, which burns fossil fuel to produce electricity, will be less. With a solar home, you will be using a renewable energy source and you will reduce your carbon footprint. You will be directly contributing to a safer, cleaner, and more sustainable planet and future.

If your answers to each of the five questions above is Yes, then solar will most definitely be worth it for you. You will need to be innovative and forward-thinking to understand and embrace the shift to renewables of our modern day world.

Choosing the right solar partner

Choosing the right solar partner

With the right solar partner such as Solaric, the focus will be on the homeowner: to provide clean sustainable energy systems that are economically sensible and environmentally sound. Solaric selects and builds solar systems that are affordable, energy efficient, reliable, cost-effective, and provides the best value to clients.

Turn on the sun

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 and remains the number one choice for corporate and industrial solar projects in the Philippines. Call Solaric at 0917.860.3141 or 5040092, or send an email to info@solaric.com.ph or visit www.solaric.com.ph for more details.