We can all agree that the Philippines is perfect for solar energy. For starters, Filipinos live in a tropical country—we have an abundance of sunshine for the better part of the year. As solar technology becomes more affordable—and prices will continue to drop as more people adopt it—it’s very likely that we’ll see more solar-powered vehicles in 2019.
In fact, don’t be surprised if you’ve been reading more about it on the news. Car manufacturers like Hyundai and Kia are exploring the possibility of integrating electricity-generating technologies into their vehicles—they’re banking on the idea that a car with a solar panel roof can charge the car battery from 30 to 60 percent per day.
In addition to that, electric public utility vehicle maker Star 8 Green Technology Corporation made headlines last year after successfully deploying dozens of solar-assisted electric jeepneys, buses, and tricycles in the cities of Baguio and Tacloban.
At this rate, it’s only a matter of time before these vehicles become fully operational in Metro Manila.
And for solar-powered houses? We have good reason to believe that more Filipinos have since caught up to the possibility of the sun powering their homes. Following the implementation of RA 9513, or the Renewable Energy Act of 2008, private households benefit more from their solar PV installation with the help of Net Metering.
Net Metering allows households that produce renewable energy—primarily through solar panels with a maximum capacity of 100 kW—to sell the excess or unused power from their solar installations to their local electric distribution companies, like Meralco. This will then be credited in their monthly electricity bill. Customers will be provided with a bi-directional meter that will allow for more accurate billing and monitoring of the flow of electricity.
Another reason why it’s gaining traction: By enrolling in the Net Metering, homeowners get the assurance that the solar panels installed follow safety standards and regulations. Deciding against it puts you and your neighborhood at risk of experiencing electrical fires, electrocution, electricity fluctuations, power interruptions, and blackouts.
If you’re going to invest in solar panels, you might as well do it the right way.
With these advancements in solar technology, it won’t take long for the country to harness its solar power potential.
To know more about Meralco Net Metering, click here or visit your nearest Meralco Business Center.