Thanks to Grid Tie Solar with Net Metering, your solar can now lower your bill – or even eliminate it.
Net Metering is a utility rate program offered by your electric company (Meralco) that requires the electric company to purchase the surplus or excess solar energy that your solar panels produce.
How does it work?
Upon installing a grid tie solar power system, you can apply for Net Metering with your electric company. With net metering, you can export the excess power generated by your solar, if the house or facility does not consume it. This means when your solar energy system produces more electricity than your home consumes, then the excess electricity is sent to the grid and your utility credits you for it. Net metering is what makes rooftop solar such a great way to reap the benefits of going solar.
How net metering gives you savings
In simple terms, net metering gives you credits for returning electricity to the grid. In doing this, with these credits, you can now offset electricity that you will use from the utility during night time. This mechanism offers the full economic value of rooftop solar. With a solar system that is sized properly, you can reduce your monthly electric bills by 50%. However, if your target is a Zero Bill, then you just need to size your system in accordance to your monthly power consumption and baseline loads. The right system that fits your goals can potentially eliminate all your monthly electricity expenses!
Solar harvests the most power during the middle of the day when the sun is shining the brightest. However, for most households, the problem is that the middle of the day also happens to be when they use the least amount of electricity. Therefore, during that time, your panels are producing way more electricity than your home needs. With net metering, whenever the solar produces more power than the house needs, it is exported to the grid, and you will see the credits in the next electric bill you receive.
Night time consumption
At night, when your solar is not producing because it shuts down when the sun sets, you take electricity from the grid. The best way to OFFSET this night time consumption is to accumulate enough credits from the exported surplus power during daytime. This, in essence, is how to reduce your electric bill by 30%, or 50%, or 100%.
Best benefit of net metering
The best benefit of net metering for solar homeowners are the savings. For the first 3 to 4 years, you get your ROI through your monthly savings. For the succeeding 21 to 22 years or even more, you profit from your solar.
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 bills.
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
Ready to expand your solar energy system? Or do you simply want to start your #renewable journey today?
Give us a call at 75040092 or 09178603141 or 09083775577, email or visit www.solaric.com.ph
nt-weight: 400;”>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.