The Philippines has some of the most expensive retail electricity in the World: partly for historic governance and competition reasons, and partly because it is a archipelago of 7000 islands. Taxes raised on normal consumers are used to subsidise extremely expensive diesel-powered electricity generation on many scattered islands whilst cheap distributed solar electricity can now be produced for only 25% of the price of diesel-powered retail electricity. This price difference is a stark opportunity for Philippines consumers to take advantage of the abundant free sunshine that pours onto each island everyday by just installing rooftop solar panels and DC to AC inverters. Rooftop solar will replace dirty expensive retail electricity with clean electricty generated directly almost for free ! The graph below shows wholesale prices but these will double if you buy your electricity from a normal distribution company because of their profits and many many taxes. You are not taxed anything on electricity that you make yourself!
Furthermore, now is the best time ever to install solar power now from photovoltaic panels (PV Panels) because their price has been falling for decades and is now the cheapest ever: down over 80% from just 10 years ago and down 99% from last century.
Many organisations that try to help people around the World have noticed the huge opportunity for rooftop solar power in the Philippines and these philanthropic organisations have prepared detailed reports to explain the current problems and golorious opportunities to save money, capture free energy, and then enhance development generally and especially in smaller communities. This 2018 report: by Sarah Ahmed and IEEFE explains all the problems and opportunities very well. Some quotes are taken from her report and pasted below:
'Solar energy makes sense for consumers especially in areas such as Visayas and Mindanao which are already experiencing rotating brownouts. It provides an immediate solution that can be installed and commissioned in as short as a few days. According to the EPIA, a 1-MW solar power plant can be installed in under six weeks, while smaller systems only take a day to install.'
'Solar facilities are also easy to put up, scalable, and relatively unobtrusive. Solar panels can also be placed on rooftops and other parts of a building without taking up any space. These solar panels are also relatively maintenance-free.'
'The country can also take advantage of its abundant sunlight. According to the National Renewable Energy Laboratory, the Philippines' average solar radiation ranges from 128-203 watts per square meter, or an average of 161.7 watts per square meter giving a potential power generating capacity of 4.5-5.5 kWh per square meter per day whilst areas in the south can produce an average of 5-5.5 kWh per square meter of solar power per day.'
If you would like some free advice on how to install solar PV systems and how much money you will save, please email (fs@ filsolar .com) or call Dr Jeremy D. Parsons here in the Philippines: +63 945 1940 708 I can give advice on funding too. Jeremy Parsons has no connection with Solar Philippines, buskowitz.com or the IEEFA.
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