top view of a house with solar panels installed on its roof

THE TRUTH ABOUT SOLAR: IS IT REALLY EXPENSIVE?

 

Is solar really so expensive? Do you need batteries to go solar? What are the challenges of going solar? Is solar an ideal alternative for places without electricity?

Does solar require batteries?

close-up of solar batteries stacked against a wall

 

The answer is Yes, and the answer is No.

 

OFF-GRID: Batteries make sense and are needed in off-grid situations. Batteries in this type of solar setup are needed for storage, meaning excess electricity harvested by your solar system is stored in the batteries for later use.

ON-GRID OR GRID-TIE: In a grid-tie solar system setup, it means that you have stable power from the grid, and therefore it enables you to get the best of both worlds. During the daytime, your facility uses the power of the sun. During night time, your facility uses grid power. If you produce more electricity than you consume, you can export or sell the excess electricity to the utility company through the Net Metering program. In this setup, the utility grid plays the role of a “virtual battery”.

 

Why doesn’t everyone just use batteries?

The reason why: batteries are expensive. Solar with batteries will at least triple the cost, thus affecting Return on Investment (ROI). In a grid-tie solar setup, ROI is typically achieved in 5 years or less. In a solar setup with batteries, ROI is tagged at 10 years or more – plus there is the fact that the lifespan of solar batteries is only about 10 years, which means you may need to replace them in 10 years.

 

The solar awareness

Solaric President and CEO Mike De Guzman giving a talk about solar power

“I am constantly called to share my insights on the solar industry in various arenas. The top question is always: is it practical? I always like to ask the same question back. Is it practical to stop subsidizing coal? Is it practical to promote renewable energy? Is it practical to reduce your carbon footprint? Is it practical to maximize the energy resource of the sun?” said Mike De Guzman, President and CEO of Solaric Corp.

 

Is cost the real issue here?

“The main problem for going solar is not really the cost, but rather the awareness and the implementation. Out of the 120 electric cooperatives and DUs, only 17 have at least one solar installation in their franchise areas. Why so? Pang-pahirap policies, exorbitant fees or downright refusal of some players to abide by consumer protection rules served as factors. Now, however, there are current government agency efforts trying to cut down the red tape dragon,” he emphasized.

 

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 75040092 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.