Summer is coming fast!
Air conditioners and electric fans will be at the forefront of defense against the heat associated with summer. And with this, bills bills bills.
One way to beat the heat and the bills is to install solar panels in the roof right?
But is it a right investment? Yes it is a very wise investment, for one reason it will last you a generation (20 years). Secondly, on grid solar are now cheap compared to 3-4 years ago when on-grid solar was fisrt introduce in the Philippine market. And third solar produce electricity above your roof cost less than Meralco power rate. See chart below.
Meralco vs On-grid solar cost
String type on-grid solar has the most bang for the buck in terms of bills savings against cost of investment. Bills savings of a 1820 watts package may range from 43% to 52% or a monthly average of 47% of monthly electricity bill (average Meralco bill of P3,360 or 350 kWh per month), refer to below monthly savings table.
Monthly bill savings table
A modest size system (1820 watts), can contribute as much as 32% (monthly average) of the electricity needs of a typical household that consumes 350 kWh of energy per month.
Monthly on grid solar contribution
No doubt the cost of electricity produce above your roof is much much cheaper than Meralco.
Ah yes, it will also make you feel good that you have have decrease your dependency from dirty electricity produced from fossil fuels (mainly coal.)
(Disclaimer, calculation is based on ideal conditions, see illustration)
Ideal solar panel roof installation, location (Metro Manila)
For solar energy solutions and supplies in the Philippines visit our website: www.eastgreenfields.com or email us at inquiry@eastgreenfields.com
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