Key takeaways

H

arnessing the star’s energy, photovoltaics have rapidly made their way into the fabric of Filipino society, with the increased understanding and acceptance of the merits of this powerful source of renewable energy. One cannot overlook the critical role of solar panel in the Philippines and the affordability of solar power, which has significantly influenced its widespread adoption across the nation.

Growth of Solar Power in the Philippines

The Philippines, sitting close to the equator, is a blessed place where the sun shines an average of 5 hours daily. The country has naturally turned to solar power as an abundant and renewable energy source to address its rising energy needs. This substantial energy potential has led to the robust growth of PV installations in recent years. In fact, the Philippines had installed over 1,500 MW of solar capacity by the end of 2022, marking a significant increase from just 165 MW in 2015.

PV Panel System Costs

So how much are photovoltaics? The solar panel Philippines price is influenced by a range of factors. These include the cost of PV modules, inverters, and installation services. On average, the solar power Philippines price varies from Php 30,000 to Php 50,000 per kilowatt depending on various factors like panel type, location, and other used components.

Guide to Savings with Photovoltaics

In renewable energy, optimizing your savings requires strategic planning and informed decisions. Take a look at some important considerations that will guide you in maximizing your savings.

Appropriate Solar Panels Choice

Selecting suitable panels is pivotal to the efficiency of your PV system. Photovoltaic modules vary in type, capacity, and efficiency. Monocrystalline, polycrystalline, and thin-film are the most common types, each with its pros and cons. Monocrystalline panels, for instance, offer the highest efficiency but also come with a higher price tag. Consider your budget, energy needs, and available space to make an informed choice.

Sizing Your PV System

Deciding on the size of your system is another crucial factor. A system too small might not meet your energy needs, while an excessively large one could result in unnecessary costs. In general, a typical household in the Philippines can benefit from a 3-5 kW system. However, this depends on factors like your energy consumption, the amount of sunlight your location receives, and the available roof space.

Choosing the Right Company

When selecting a company, consider its track record, warranties offered, and customer reviews. A reliable company should be able to provide a detailed proposal tailored to your specific needs and circumstances.

Taking Advantage of Solar Incentives

There are several attractive incentives for solar energy users. Make sure you are informed about these benefits to further maximize your savings. Let’s go into more details in the next section.

Government Incentives and Support: More Details

Net Metering and Feed-In Tariff

The government introduced the Net Metering program, which allows PV system owners to sell their excess generated power back to the grid. This offsets their energy costs, making panels a more economically feasible energy solution.

The feed in tariff, on the other hand, credits the PV system owners for all the clean electricity that was generated by their system regardless of whether it was used on-site or fed back into the grid. The FIT is currently set at 9.68 Php per kilowatt-hour, providing another attractive incentive for consumers.

Investment Priority Status and Other Options

The government's Investment Priority Plan enables businesses to avail tax exemptions and duty-free importation of renewable energy equipment, further promoting the industry's growth. Regional incentives and financing options provided by some solar companies also exist, aiming to make solar power more accessible to Filipinos, so be sure to check what is available in your area.

Best Solar Panel Companies

Enfinity Imperial Solar Solutions

Enfinity Imperial Solar Solutions is a company that has made significant strides in the PV industry. With over 4.8GW PV installed, their commitment to quality and efficiency is evident, and they continue spreading their services to other countries. As of this moment, they have offices around Europe, America and Asia. For those that consider switching to clean energy, this company presents a compelling choice.

PHILERGY German Solar

PHILERGY German Solar has a solid reputation built over two decades in the industry. They have installed more than 20 MW of solar capacity, and their dedication to their customers is demonstrated by their impressive 30-year warranty on their products. For those seeking a clean energy solution that promises long-term reliability and quality, PHILERGY German Solar offers just that.

Solaric

Solaric has gained popularity for its cost-effective solar energy solutions. They are especially known for their solar energy backup systems, which provide a reliable source of power during outages. Solaric's commitment to making clean power accessible to a wider demographic makes them a leading choice for many Filipinos that consider adopting renewable energy.

In Miami, solar panel installations are gaining popularity due to the city's abundant sunshine. Companies like SunPower and Sunrun offer solar solutions for residents and businesses.

Is Solar Worth It in the Philippines?

When trying to understand whether solar power is worth it, factors such as average electricity rates and consumption come into play. Let's take a 5KW system, for instance. The price for such a setup, including incentives, can range anywhere between Php 100,000 and Php 150,000.

Considering that the average household electricity consumption in the country is around 200 kWh per month, a 3KW system can offset most, if not all, of your electricity bill. Consequently, the payback period for a 3kw system can be as short as five years, making long-term financial benefits and return on investment of solar energy quite compelling.

Future Outlook and Challenges

While the future prospects of solar energy in the Philippines are promising, challenges remain. Targets for renewable energy set by the government require 35% of energy to be sourced from renewables by 2040, a task that won't be easy to achieve.

Key barriers to widespread solar adoption in the country include upfront costs, lack of awareness, and inadequate access to financing. However, these challenges can be addressed through policy intervention, public education, and innovative financing mechanisms.

Frequently Asked Questions

Q: What maintenance do solar modules require?

A: In general, PV modules require minimal maintenance. Regular cleaning to remove dust and debris can help maintain their efficiency. Professional servicing once in a few years is recommended to ensure optimal performance.

Q: Are PV modules weather-resistant?

A: Yes, they are designed to withstand various weather conditions, including rain, wind, and heat. However, it's always best to have them installed by professionals to ensure they are securely mounted.

Q: How long do PV modules last?

A: Most have a lifespan of 25-30 years, but they don't stop producing electricity after this period. Instead, their efficiency slightly reduces.

Q: Can I buy and install PV panels myself?

A: Yes and no. If you have skills and knowledge in the field, a DIY installation might be a good option. However, it’s strongly advised to invest in professional service since a PV installer has all the necessary experience to make sure your solar transition is smooth. In addition, DIY installation usually voids the PV module warranty, as many manufacturers require professional installation.

Q: Can PV modules be installed only on roofs?

A: No, they can be ground-mounted. However, roof installations usually provide better access to sunlight, so it’s often the recommended mounting type. Consult with a professional since they can help determine whether it’s the case for you.

Final Thoughts

Solar panel in the Philippines offers a sustainable solution to the growing energy needs. While the prices may seem high, long-term savings, environmental benefits, and government incentives make solar power an investment worth considering. As Filipinos become more aware of the benefits of solar energy, we can expect to see more PV panels gleaming under the tropical sun, quietly powering the archipelago toward a sustainable future.

Sources:

https://www.doe.gov.ph/energy-statistics/philippine-power-statistics

https://gosolarphilippines.com/solar-panel-prices-philippines-2023/#:~:text=Average%20Solar%20Panel%20Prices%20in%20the%20Philippines&text=The%20price%20range%20for%20different,kW%20for%20commercial%20solar%20panels

Key takeaways

Posted 
Jul 23, 2023
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