SolarNRG https://solarnrg.ph Philippines Tue, 06 Dec 2022 07:00:52 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.13 https://solarnrg.ph/wp-content/uploads/2019/05/solarnrg-logo-150x150.png SolarNRG https://solarnrg.ph 32 32 The Future of Solar Energy in the Philippines https://solarnrg.ph/blog/the-future-of-solar-energy-in-the-philippines/ Tue, 06 Dec 2022 07:00:52 +0000 https://solarnrg.ph/?p=33082 Discover the present and future of solar power in the Philippines and why you must invest in your own solar power facilities today. Read more here!

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A typical Filipino household consumes 211-kilowatt hours (kWh) of electricity per month. Meanwhile, the country’s services sector used an estimated 20.73 thousand gigawatt hours (GWh) in 2022.

As the country’s population grows, the demand for energy to sustain daily household and commercial operations also increases. This rise in demand comes with the need to explore other options, such as solar energy.

Considering alternative energy sources ensures a continuous supply of power in the present while also projecting its sustainable implications for the future.

Solar energy in the Philippines is becoming more popular. Besides its sustainable nature, solar energy is also recognized for its suitability to the country, government support, and expected positive future.

The Present State of Solar Energy in the Philippines

The Philippine government promotes solar energy for its reduced environmental impact. In 2021, solar energy shared 0.7% of the country’s total power consumption.

The increase in solar energy use makes sense as the Philippines is constantly vulnerable to an average of 16 typhoons yearly on top of occasional rain. When these calamities strike, power interruption becomes one of the people’s top concerns. Solar panels are built to withstand heavy weather conditions, thus, making them a suitable energy source for the Philippines.

Given that other renewable energy sources, such as hydro and geothermal, take years to build, the convenience of solar energy installation becomes the best option for both short- and long-term use.

There’s much buzz on the potential of solar energy in the Philippines—and for good reasons.

PH Aims to Go Green

Among other Southeast Asian countries, the Philippines is becoming a global leader in renewable energy, generating 47% of its energy from green or renewable sources.

This feat can be attributed to the country’s initiatives and programs to promote solar energy and renewable energy in general. For instance, tax incentives, import benefits, financial support, and the Green Energy Option Program all support the use of solar energy in the Philippines. 

In addition, there’s a sense of urgency to achieve the vision of a green Philippines due to the continuous impacts of climate change, global warming, and on the local levels, devastating typhoons.

By developing a combination of fossil and renewable energy sources, the Philippine government hopes to become energy self-sufficient. It’s part of the National Renewable Energy Program (NREP) 2020-2040, which aims that by 2030, 35% of the power generation mix shall be from green sources, and by 2040, this shall reach the 50% mark.

Solar energy is a primary driver in this goal. Currently, 896 megawatts (MW) of the 7.1 gigawatts (GW) identified renewable energy capacity in the Philippines came from solar energy, coming second to hydropower at 4.3 GW.

Suitability of Solar Energy in the Philippines

According to a study, the Philippines can earn a 100% national power supply from renewable energy. The NREP plans to achieve a target of 1,528 MW of solar energy by 2030. 

This scenario is becoming more evident as the Department of Energy (DOE)’s 2009-2030 Power Development Plan (PDP) anticipates that the country’s energy consumption will reach 149,067 GWh by 2030. These numbers are significantly higher relative to the approximate demand of 86,809 GWh in 2018 and the actual demand of 55,417 GWh in 2008.

Since Filipinos are suffering from the continuous increase in the volatile prices of fossil fuels, choosing solar power can free the country from its dependence on fossils. 

Solar energy is a cheaper alternative, as the country saw a 48.4% drop in solar panel prices in 2011. Aside from being cost-efficient, solar energy in the Philippines also has these other practical benefits:

  • Quick installation. A 1-MW solar power plant can start operating after at least six months of construction and development. So in perspective, you can install a residential solar power panel in a week or two.
  • Flexible placements. Some solar facilities can be shaped or bent to fit in whichever area you may want to place them.
  • Low maintenance. Solar panels require less maintenance than other energy sources.
  • Abundant in source. The country receives  4.5 to 5.5 daily average sun hours.

What is the Future of Solar Energy in the Philippines?

Experts say that the solar energy market in the Philippines will continue to prosper due to the continuous investments in this sector on top of its existing governmental support. For instance, a crowdfunding initiative raised more than USD 250,000 to finance renewable energy project developments in the Philippines and India.

The DOE also continues implementing its ongoing initiatives promoting smart-grid technologies across the country. 

Other investments and programs to boost the use of solar energy in the Philippines include:

Despite the concerns about inefficient electricity grid infrastructures in the country, solar power in the Philippines is expected to be more prevalent in rural areas due to increasing deployments of solar power installations in far-flung places and the financial benefits from these projects.

The Philippines became one of Southeast Asia’s biggest off-grid solar energy markets, along with Myanmar, securing at least 30,000 to 40,000 units as of the second half of 2019.

Furthermore, a shift from diesel-powered generators to solar panels can help the country save up to $200 million annually, a significant number given the frequent power interruptions brought about by typhoons.

Solar Energy in the Philippines is On!

Is solar power the future of energy in the Philippines?

It may be hard to answer such a big question. Still, considering that solar energy addresses multiple concerns and benefits, it is, beyond doubt, an excellent candidate for being the future of power in the Philippines.

Solar energy is cost-efficient, government-supported, effective in targeting the country’s increasing demand for power, abundant in source, and practical in providing job opportunities.

It’s a good thing that the solar energy market in the Philippines, as predicted by experts, will prosper in the direction of the national target of 35% power generation mix share by 2030 and 50% by 2040. If the country attains these goals, the Philippines will establish itself as one of the leading nations in renewable energy use.

Be part of the movement, play your role in the green agenda, and reap the benefits of switching to solar energy. Send us a message to learn more.

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A Beginner’s Guide to Investing in Solar Energy https://solarnrg.ph/blog/a-beginners-guide-to-investing-in-solar-energy/ Fri, 28 Oct 2022 03:58:49 +0000 https://solarnrg.ph/?p=33038 The globe is currently in the midst of an energy crisis. Due to multiple factors, such as the global energy shortage, the geopolitical tensions between Russia and Ukraine, and the poor utilization of energy infrastructure, these issues require society to find alternatives to energy consumption. With energy growing higher in demand, enterprising individuals see this […]

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The globe is currently in the midst of an energy crisis. Due to multiple factors, such as the global energy shortage, the geopolitical tensions between Russia and Ukraine, and the poor utilization of energy infrastructure, these issues require society to find alternatives to energy consumption.

With energy growing higher in demand, enterprising individuals see this as an opportunity for the transition to solar power. Solar energy is renewable, cost-efficient, and much more environmentally beneficial than traditional sources.

If you’re looking to invest in solar, you may have some looming concerns in your mind. But fear not because this guide will teach you everything you need to know.

Why Invest in Solar Energy?

For a good reason, many people believe solar energy is the future. The technology has been around for quite some time and more people are starting to see it as a better alternative to fossil fuels. The industry has been growing rapidly in the US since 2000, with the most recent decade recording an annual growth rate of 33%. Likewise, China’s solar energy industry saw a 14% growth rate.

SolarPower Europe’s Global Market Outlook for Solar Power noted that the capacity of using solar energy was further demonstrated in 2021 when global participation led to installing 168 GW of solar power, with an addition of at least 200 GW slated for 2022. Today, global solar capacity has effectively doubled since 2018, reaching 2.3 TW by 2025.

 

5 Ways to Invest in Solar Energy

With the points above in mind, it’s clear that solar energy holds tremendous potential. But now you may be wondering how you can invest in this increasingly popular alternative. To help you out, here are five ways you can invest in solar energy.

  • Solar Stocks

Solar stocks operate around the same principle if you’ve invested or participated in the stock market. By holding on to these stocks that can potentially increase in value over time, you stand to earn profits and dividends each year from the solar company you’ve chosen to invest in.

  • Solar Derivatives

This type of investment can be much more complicated than traditional solar stocks. Solar derivatives are geared more towards experienced investors since they require complex financial instruments and are prone to larger rises and falls.

  • Solar Power Exchange-Traded Funds(ETFs)

An excellent alternative to standard solar stocks, solar power ETFs combine several solar companies’ stocks in a fund, so investors reduce the risk of losing significant amounts of money. They also create a more stable investment experience and are preferred by those looking to invest in solar power projects in the long term.

  • Real Estate

If investing through stocks and bonds is something you don’t want to do, another way to invest in the solar energy boom is through real estate. By leasing your land to solar companies and farm operators, you can negotiate a share of their earnings or earn through the agreed-upon rent.

  • Solar Power Farm or Plant

Creating your own solar farm may be costly, but the profits and returns on investment over time make it a potentially worthwhile investment. If you plan on pursuing this in the future, having the necessary materials, space, and market research is encouraged to reap the highest possible benefits.

 

Benefits of Investing in Solar Farms

It’s already been established that solar farms and investing in solar energy are becoming more feasible over time. Aside from solar energy being good for the environment, investing in solar power provides many benefits for individuals and businesses.

  • Reduces Your Electric Bills

Making the shift to solar energy can significantly reduce your monthly electric bills. When transitioning to solar energy, you essentially use free power from the sun, and modern panels are commercially made to last at least 25 years.

  • Protects consumers from rising energy costs

One of the benefits of shifting to solar power is that you’ll no longer be affected by rising energy costs. Through this, you can protect yourself from any unpredictable increases in electricity costs and be able to predict future estimates for better expense management.

  • Creates jobs and boosts the economy

Because the industry is moving rapidly, the increased demand for solar energy will create new jobs. More people installing solar panels in their offices and homes can create more demand for logistics workers, installation staff, and those managing the solar farms on-site.

  • Takes advantage of government incentives

Various governments are providing incentives to encourage their citizens to switch to solar. In North American countries, this is reflected through the likes of the Solar Investment Tax Credit, which offers a 26% tax credit to eligible individuals. China’s government has had subsidy programs since the 1990s, encouraging the country’s solar power industry to thrive.

In the Philippines, the government has also encouraged sustainable energy use through the Renewable Energy Act of 2008, which provides both fiscal and non-fiscal incentives to investors

  • Reduces carbon emissions

One of the main criticisms of the avid use of fossil fuel is its non-renewable nature and the harmful byproducts it creates upon consumption. These byproducts eventually become the driving factors for climate change.
On the other hand, solar power offers a cleaner alternative because it generates energy from the sun, so no carbon emissions are produced throughout the lifespan of the solar energy process.

  • Reduces operating costs of businesses

Like how households can benefit from going solar through lowered electricity bills, businesses can save on operating costs too. Companies transitioning toward sustainable energy can eventually save money that they can use for other operations and internal initiatives.

  • Encourages energy independence

With solar energy, you no longer need to rely on electric power distribution companies for your electricity. In many ways, if more people were to shift to renewable energy as the main driver in their homes and workplaces, energy would be accessible to almost everyone. It can also lessen the drastic price fluctuations of commercially sold energy.

 

How to Get Started

Before you start your solar venture, you’ll need to make several considerations before you build or invest in a solar farm. These can range from small things like conducting market research, applying for documents, or doing oculars and field work to find the best location to build your farm.

  • Do your research

As a beginner in the industry, it’s important to find out who the key players are within your area. These involve identifying who the potential competitors or threats are to your business and your target market.

  • Create a business plan

Implementing a business plan is an effective guide for any long-term initiatives and investment opportunities forged along the way. A business plan should include executive summaries, a company description, roadmaps, funding requests, and financial projections.

  • Obtain the necessary permits

To ensure the business runs smoothly from here, you’ll need to apply for and acquire the necessary paperwork to start a solar farm. Depending on the location of your plant, permit requirements may differ.

For example, solar plants mounted on top of buildings would require electrical and building permits, while those based on the ground can require clearance permits from local and federal institutions.

  • Scout for an optimal location

To create a good farm, you’ll need lots of lands to work with. Properties zoned for industrial or agricultural use make the ideal location for solar business ventures. A plot between 8 to 16 hectares is required in terms of size.

  • Apply for financial safekeeping and insurance

You’ll need to protect your business should anything unexpected happen. Coordinate with your bank, apply for a new business account, and apply for insurance policies that can cover your business financially and protect them from risks.

  • Create your business branding

While marketing your business is optional, investing in your online and offline presence can generate revenue and publicity for your solar farm. It can attract more investors and clients and further your business in revenue generation.

 

Here Comes the Sun

The solar energy industry has come a long way, and the industry’s outlook is brighter than ever. Thanks to the growth the sector is experiencing, investing in solar energy can be a great way to earn profit and care for the environment simultaneously.

Amid global crisis and economic uncertainty, the promise of solar energy is something you can bet on. Be ahead of the game with SolarNRG, a premier partner for your renewable energy needs!

     

     

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    ]]> 10 Available Incentives for Using Solar Energy https://solarnrg.ph/blog/available-solar-incentives/ Mon, 19 Sep 2022 08:40:23 +0000 https://solarnrg.ph/?p=32503 Solar panels are a great investment. The government supports its use, offering numerous incentives to encourage more people to install them. Learn more here.

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    It’s a generally known fact that solar panel installations help property owners save on their electricity bills or upscale their property value while doing their part in protecting the environment.

    If that isn’t enough to urge more people to go solar, government bodies are now encouraging their citizens to make the big switch through solar incentives.

    In the Philippines, the legislation of the Republic Act (RA) 9153 or the Renewable Energy Act of 2008 was a monumental step in the government’s push for solar energy use in the country. 

    Not only did it tap national agencies to urge people and investors, but the RA came with tons of perks and incentives for those who decide to switch to solar as an energy source.

    Given its legislated incentives on top of its renowned sustainability and proven efficiency in a country of frequent power interruptions, it’s hard to miss the opportunity to get into solar energy generation.

    What are the kinds of incentives you may get upon switching to solar power? Below are ten fiscal and non-fiscal incentives you can expect to avail yourself. 

    Fiscal Incentives

    1. Income tax holiday (ITH)

    A tax holiday is a temporary suspension of taxation. An income tax holiday (ITH) is granted to duly registered renewable energy (RE) developers, which include solar power entities, in your first seven years of commercial operations. 

    This exemption covers additional investments you make up to three times from when you initially availed of the ITH benefit.

    2. Income tax reductions and zero VAT advantage

    After seven years, your ITH perks shall transition to a 10% corporate income tax compared to the regular 30%—a drop that favors registered RE developer companies.

    In addition, you get to enjoy a zero percent value-added tax (VAT) rate on developmental and commercial undertakings, such as:

    • Purchase of local supply of goods, properties, and services needed for the development
    • Construction and installation of plant facilities
    • Exploration and development of solar energy sources up to their conversion into power
    • Employment of subcontractors and contractors

    3. Tax and duty exemptions on imported spare parts

    Local and imported equipment and materials for solar power generation within the first ten years of certification are eligible for tax and duty-free advantages, zero-rated VAT, and tax rebates subject to the country’s Department of Finance (DOF) guidelines. 

    The RA also mandates that you only use this equipment and materials in solar energy enterprises registered by certified individuals and entities and endorsed by the Department of Energy (DOE).

    Your renewable energy equipment and facilities get a fixed maximum of 1.5% realty tax compared to the 2% commercial and industrial property tax in other industries.

    4. Cash incentives and tax credit

    The government maximizes its solar energy promotion with cash incentives for solar energy developers implementing missionary electrification or providing power access to unviable locations.

    The RA also constitutes that solar-powered facilities are entitled to solar rebates

    These are given through a “cash generation-based incentive per kilowatt-hour rate generated, equivalent to 50% of the universal charge for the power needed to service missionary areas where it operates the same, to be chargeable against the universal charge for missionary electrification.” 

    The equipment pays for itself through solar incentives.

    Off-grid distributed power will also be exempted from universal charge, along with the power and electricity consumption of a facility’s generator.

    In the case of domestic purchases, the VAT and customs duties for supposed importation shall be granted as a tax credit to the solar energy developer. 

    5. Support from financial institutions

    If you need a further financial push, you’ll be glad to know that solar energy developers are also entitled to financial assistance programs. 

    Several banking institutions in the country, including the Development Bank of the Philippines, the Land Bank of the Philippines, and PhilExim Bank, among others, are subject to the recommendation and endorsement of the DOE.

    6. A national priority

    Solar energy generation, or renewable energy enterprise in general, is a national priority. Its inclusion in the RA translates to a seemingly fixed component in the country’s national investment plan.

    One of your solar incentives also includes the government’s prioritization of all purchases and processes related to the field.

    Non-Fiscal Incentives

    7. Employment of foreign nationals

    The government allows foreign ownership of solar energy enterprises to maximize its intent further. This provision deviated from the 40% cap on foreign ownership in other industries when the government passed the law.

    This opportunity entails the employment of foreign nationals in supervision, technical assistance, and advisory positions for only five years. However, this excludes positions in the company presidency, management, and finance.

    8. Simplified customs procedures

    National customs procedures cover revenue-generating mechanisms or regulatory practices for imported goods and services. Fortunately, equipment and materials intended for solar energy generation are exempted from customs taxes and duties, making the process more convenient.

    9. Importation of consigned equipment

    With custom taxes and duties relatively addressed in favor of importation, you may be able to access the best solar energy equipment from manufacturers in consignment and with a re-export bond.

    It means that top-notch quality and cost-efficient solar power panels and equipment can be purchased and imported in consignment for the first ten years of your operations. In addition, the re-export bond also allows the return of materials to the manufacturers for repair, contract execution, or other stipulated purposes.

    10. Privilege to operate a bonded manufacturing or trading warehouse (subject to customs rules and regulations)

    The RA also allows the operations of bonded warehouses in the country. These are warehouses “operated by a private company in a foreign country under the regulatory supervision of that country’s customs agency” to minimize customs fees.

    If you’re a foreign investor worrying about physical facilities in the country, this provision should ease your concerns.

    Green-Light Your Solar Investment Today!

    From incentives such as tax reductions to logistical support, solar energy generation is an excellent long-term investment for you or your business. With the government backing you up, you’ll receive massive support through discounts and tax breaks for using solar power, cost-efficient measures, and sustainable nature.

    A bright future is ahead of you and your business. Plan and install your solar power with SolarNRG Philippines and be part of the government-supported green movement. Contact us now!

     

     

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    Net Metering: How Does It Work? https://solarnrg.ph/blog/how-does-net-metering-work/ Thu, 25 Aug 2022 09:07:12 +0000 https://solarnrg.ph/?p=32487 Solar energy is becoming more common, and people wonder how they can make the most out of it through net metering. Read more about how it works!

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    It’s hard to imagine how far humanity has come since the invention of electricity. Who knew people could harness sunbeams and use them as a sustainable power source that everyone can use?

    The great thing about solar energy is that you can continuously harness it as long as there’s sunlight. Furthermore, using less of what you generate translates to a surplus of energy. If you’re thinking of a way you can store this surplus of energy, you have two options:

    • Keep it in batteries for later use
    • Send it to the grid

    Batteries are more commonly used, but what exactly does sending energy to the grid mean? Essentially, it involves a system called net metering. This quick-read blog can help you understand more of this concept.

    What is Net Metering?

    Net metering is a billing method allowing customers who install solar panels to receive a credit on their electricity bills for the power they send to the grid. When your solar panels produce more electricity than you consume at any given time, the excess energy is credited to you.

    There will be cloudy days that won’t have enough sunlight to generate the power you need, making you rely on the grid for electricity. It means your home will consume more grid electricity than solar. In the Philippines, the amount in kWh you export to the grid will be computed at the end of each month by multiplying it by the generation rate. The total amount in Php will be deducted from your total bill. It should be noted that the total bill is still computed based on total grid kWh consumed excluding solar production.
    Essentially, the monthly billing shall be reduced by the net-metering credit which is computed by exported energy (in kWh) multiplied by the generation rate (in PHP/kWh). Net metering is the basic policy that governs this process in the solar industry.

    3 Awesome Benefits of Net Metering

    If you’re willing to make an effort to switch to solar energy, you should know how net metering works to take advantage of these benefits:

    1. Creates jobs and encourages private investments

    Net metering helps increase the demand for solar energy systems, which in turn provides significant benefits in terms of employment, income, and investment. These open opportunities for electricians, installers, and manufacturers to work in the solar industry. And with strong policies that help the solar industry thrive, these will ultimately boost the country’s overall economy.

    2. Gives consumers control over their electricity bills

    Utility consumers can efficiently generate their own clean electricity through net metering. Most solar users produce more energy during the day than they consume, which allows them to export surplus power to the grid, which would help reduce their electricity bills in the future.

    3. Protects the utility grid

    It’s generally believed that net metering is a cause of lost revenue opportunities. But the truth is policies have been in place to create a smoother demand curve for electricity. This helps utilities manage their peak loads better. Through net metering, the strain on distribution systems is reduced, preventing losses in electricity transmission and distribution over long distances. This essentially protects the grid while lowering consumption through clean solar energy.

    Net Metering in the Philippines

    Net metering is part of the first fully implemented clean energy policy instrument in the Philippines called The Renewable Energy Act of 2008. On May 27, 2013, the Energy Regulatory Commission (ERC) approved the rules enabling the net-metering program for renewable energy in ERC Resolution 09.

    Customers of distribution utilities who pay their energy bills on time and in good standing are eligible to participate in the Net-Metering Program for Renewable Energy. An example of this program in the Philippines is the net metering service provided by Meralco.

    Because net metering exclusively displaces energy (kWh) charges, customers with demand (kW) charges might not be the best candidates for this policy. However, this can start working in their favor if their peak demand and the availability of their renewable energy source coincide. In this case, net metering can potentially reduce the coincident peak electricity demand.

    Essentially, net metering can deliver great benefits for solar energy users. However, you should note that a 100 kW capacity limit is placed on renewable energy systems under this policy as defined by Section 4 of the renewable energy (RE) law. In other words, the system is only for distributed generation (DG) or small generation entities supplying power directly to the grid.

    Maximize Your Solar Panels

    Net metering benefits the people who invest in solar systems. Residents and companies can expect to save money on electricity bills over time through solar panels and contribute to the country’s renewable energy goals.
    If you’re looking for a reliable solar panel system, catch our experts at SolarNRG to help you choose the right products and help you with installation. Contact us today!

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    Going Solar: A Property Owner’s Guide https://solarnrg.ph/blog/property-owners-guide-going-solar/ Mon, 08 Aug 2022 08:29:28 +0000 https://solarnrg.ph/?p=32474 Are you planning to become a green consumer and switch to solar-powered energy? Check out this property owner’s guide to help you do it right.

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    Over the last few years, the effects of climate change have become more predominant as depleting fuel sources and rising temperatures cause more atmospheric disturbances.

    Numerous industries and government organizations are now encouraging a shift towards sustainable practices to address this. Their efforts include harnessing the sun’s energy for power.

    While the initial shift to using solar power can be costly and time-consuming, the expected results are well worth the investment. It not only provides numerous benefits for the planet but for property owners as well.

    If you want to learn more about how you can become a green consumer and convert your property to support solar panel installations, use the infographic below as your guide.

     

    Infographic guide to property owners when going or switching to solar energy

     

    Factors to Consider

    Choosing to go solar can be a costly investment. To ensure it can be profitable, you’ll need to consider these essential factors before making your final decision.

    • Location

    Location matters in terms of how much sun your property gets on average. If you live in an area with tall buildings or trees, your panels won’t have optimal efficiency. It can also become a massive drawback during seasons when sunlight is scarce. 

    • Amount of energy needed

    Each solar panel has a limited capacity on how much power it can absorb at a time. If you don’t have enough installed, you won’t be able to generate enough electricity to power your daily needs. 

    • Permits

    Research getting the proper documents and permits for your solar project. Depending on your area, there may be more requirements you need to submit than others. Some locations may also take a longer time to process your applications.

    • Initial costs and savings 

    Investing in solar panels has high initial costs. Depending on your intent, installations may provide more energy savings long term. It’s best to consider your financial capacity and the strategies you want to use to fund your project. 

    • Building structure 

    Solar panels are heavy installations that need sufficient support from your property. If your roofing can’t handle the equipment’s weight, you’ll need to renovate and secure your building first.

    • Length of intended use 

    The average lifespan of a solar panel can last between 20 to 30 years. Before you schedule your installation, determine if you’ll stay on the same property for the given period.

    • Other sources of power 

    Some property owners don’t want to rely solely on solar energy. You may stay connected to a city’s grid if you don’t have sufficient energy stored. So, you can switch to it once you run out of power.

    • Type of solar panel 

    Do some research on which type of solar panels can best suit your needs and goals. Not all panels are created equal; some may include features and functions others don’t have. 

     

    Step-By-Step Guide

    Property owners need to know that investing in a solar property isn’t a simple task. To better guide you, here are the steps you need to take before installing your solar panels.

    • Determine your home’s energy consumption

    Before proceeding with your solar panel installation, determine your property’s average electricity consumption. It can help you figure out if going solar is enough to cover your needs or if other energy-saving options can suffice.

    • Send out inquiries to installers and get a quote

    If you’re sure your property is a good fit for solar panels, reach out to different installers to get a quote on how much your project may cause. Doing this can help gauge if you’re paying a fair price for the right system you need.

    • Schedule a site visit 

    Book an appointment with a site engineer to inspect your property and electrical system. Depending on their review, you may need to make changes to better support the proposed installment plan. 

    • Complete the necessary documents and permits

    Apply for all the required permits with your local government and submit all other requirements. It may include your proposed plan for the installation, how you’ll finance the project, and other related documents. 

    • Order the equipment 

    Once all your paperwork is in order, you can start buying the necessary equipment for your solar panel installation. After the site engineer examines your property, they may also give a list of materials to you in your approved proposals.

    • Get the best provider and installer

    Choosing a reliable partner like SolarNRG can help ensure that you have the best quality equipment given at a fair price. It’s also crucial that the company can help you attain your solar goals and meet your needs accordingly.

    • Apply for approval in your designated area

    A government representative will need to examine your project to ensure that your solar panel installations are up to local standards and regulations. Their evaluation can also determine your eligibility for applicable tax credits.

    • Connect to the grid

    After the approval of your local government, you’ll need to work with your utility providers next. A representative from your electrical company will inspect your solar project and approve or deny your connection to the city’s power grid.

     

    Incentives for Going Solar

    Switching to solar power can have a lot of benefits. Here are a few incentives that may make the investment worthwhile for you.

    • Investment tax credit

    A federal investment tax credit (ITC) allows you to gain back a certain percentage of what you spent on solar through your taxes. It can directly offset your dues which leads to higher tax refunds.

    • Tax exemptions

    Many cities don’t include the value of your solar panel system in the property taxes you owe. It allows you to initially increase the value of your assets without the burden of facing more tax charges.

    Some countries offer duty-free importation of renewable energy equipment, machinery, and other materials.

    • Net metering

    Net metering is a performance-based incentive that allows you to satisfy your electricity demand solely from your solar panel system. When you have generated excess power, the surplus is sent to the grid that could be used later and offset the cost when needed.

    • Solar rebates 

    Instead of a tax rebate, some cities may offer cash refunds upfront for your initiative in installing a solar panel system. However, these are usually available for a limited time, depending on whether your area has already met several installations. 

    • Solar Renewable Energy Certificates (SRECs)

    In many countries, government organizations have renewable portfolio standards that require their utilities to be generated from renewable energy sources. The SREC can act as additional income once your system generates a certain percentage of power for the city.

    • State tax credits

    In countries like the U.S, each state offers additional tax credits for installing solar panel systems onto your property. The amount can vary depending on where you live, but it’s still considered significant when paired with the federal ITC. 

    • Subsidized loans

    Some utility companies or private organizations may approve you for a subsidized loan to fund your solar panel installation. But, while these incentives may come at a reduced interest rate, they’re typically limited depending on the area and its quota for renewable energy generation. 

    • Accelerated depreciation for businesses

    Businesses that install a solar panel system can reduce their tax burden through a Modified Accelerated Cost Recovery System (MACRS). Those qualified for the program can be eligible for a cost recovery period of up to five years, giving you more savings. 

     

    Gain More with Sustainable Sources

    As the effects of climate change continue to affect the environment and our quality of life, it’s imperative to adopt sustainable practices and solutions. But apart from reducing plastic waste and supporting eco-friendly brands, property owners now have a bigger and more exciting initiative to go green: switching to solar power.

    Unlike energy sources like oil or fuel, solar energy is renewable and infinite. For this reason, solar panel installations can be a beneficial investment with many other incentives. However, this big decision should be carefully considered and thought out.

    If you want to learn how to make a smooth transition to solar energy, reach out to experts at SolarNRG today for all your solar product needs.

     

     

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    6 Ways Solar Panel Installations Can Increase Home Value https://solarnrg.ph/blog/ways-solar-panel-installations-increase-home-value/ Tue, 26 Jul 2022 05:19:36 +0000 https://solarnrg.ph/?p=32465 Are you on the fence about installing solar panels in your home? Learn how going solar can increase home value in this article.

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    A home’s features can increase its market value. Property owners often invest in pools or lavish landscaping to make the property more valuable. However, these features come with hidden maintenance and upkeep costs that subtract from the potential return of the owner’s investment.

    Solar panels are different. If you’ve asked yourself, “Do solar panels increase home value?” The short answer is a definite yes. 

    They’re easy to install and maintain, not to mention they can reduce electricity bills. All these and more make solar panels one of the best upgrades a homeowner could make.  

    If you’re still not convinced, this article will walk you through how much value solar panel home installations can give and why. 

    How Much More Can Solar Panels Sell a House? 

    After learning that solar panels increase home value, the next question is, how much does it increase property value? It depends. 

    According to Zillow, homes with solar panels installed can increase their value by 4.1% or an average of $9,200 (almost PHP507,000). 

    The value also depends on the location of the property itself. Experts found California homes to sell by 2.7% more, but New York homes reached 5.4%, equivalent to almost $24,000 (over PHP1.3 million). Ultimately, it will also depend on a property’s real estate value in a specific location.

    Another factor is the size of the solar panel installation itself. An older study estimated that each 1 kilowatt (kW) size increase in the solar panel equates to roughly USD$5,911 (around PHP360,000). 

    These numbers are rough estimates and are expected to change often, depending on economic conditions. With the solar market forecasted to grow, the value of solar-powered properties could increase. 

    6 Ways a Solar Panel Installation Boosts Home Value 

    It’s clear now that solar panels can increase a home’s value by a significant amount, and they can do this in various ways. Below are different benefits solar panels have that increase a home’s worth.

    1. It lowers the electric bill 

    The weather, electrical appliances, and living habits can increase your electricity bill. Solar panels provide an alternate energy source for homes that can increase monthly savings on electricity

    To illustrate the point, take this example. The average Philippine household spends PHP8.24 per kWh and consumes an average of 897 kWh, amounting to around PHP7,400 monthly. 

    Suppose the household operates their electricity for an average of 12 hours a day across an entire week. Using SolarNRG’s Solar Panel Cost Calculator—which considers the cost of installation and return on investment in the given timeframe—a recommended system size of 2.54 kilowatts peak (kWp) solar panel helps save almost PHP220,000 monthly. 

    With rising electric bills, homes reliant on renewable electricity can be more valuable.

    2. It reduces maintenance cost 

    Maintenance is an essential factor when buying a home. Contrary to what many believe, solar panels aren’t expensive to maintain. They’re designed to withstand and remain effective under different weather conditions for years. Despite this, it doesn’t mean they won’t degrade over time, especially with daily use.

    Regular solar panel maintenance isn’t very hard. Cleaning this device is like cleaning dirt and dust off a window; an annual inspection will suffice to keep the system in good shape. The lower the maintenance needed can make the property even more attractive. 

    3. It provides a reliable source of energy

    A common occurrence for Philippine households is a loss of electricity, mainly during the typhoon season, which can last for hours or even days. One of the advantages of using solar energy is that it protects you better against blackouts. Solar batteries store energy reserves, which you can rely on during harsh weather. 

    Solar panels provide property-owners with additional reliability that makes them much more valuable. Since a typical solar panel has a lifespan of 25 to 30 years, it’s a worthwhile investment for years to come.

    4. It benefits rural and remote properties 

    Property owners in rural or remote locations can experience most of the benefits of solar power. It provides them with a reliable energy source during typhoon season and reduces how much they need to spend on electricity.

    Work-from-home setups have allowed more people to relocate away from congested cities, making solar-powered remote or rural homes more valuable and sustainable living options for remote workers.

    5. It meets the increasing demand for an eco-friendly lifestyle

    According to Zillow’s Consumer Housing Trends Report, around 67% of buyers say that an energy-efficient home is very important. It explains why now is a good time to invest in renewable energy.

    Solar panels reduce greenhouse gases emission with each kilowatt-hour produced. It also lessens the dependence on non-renewable fossil fuels, making it better for the planet and more valuable to the environmentally conscious.  

    6. It takes advantage of the growing solar power market 

    The demand for sustainable lifestyles is one of the many drivers of the ever-increasing solar power market in the country and the world. Investments in renewable energy reportedly generate an average of 6.6% to 10.1% return on investment.

    The solar energy market in the Philippines is forecasted to record a compound annual growth rate (CAGR) of 15% between 2022 and 2027. There are already entire solar-powered villages launched in the country.

    It’s clear then that solar power is a growing business in the Philippines. Hence, it would make good financial sense to invest in it early to reap the rewards in the coming years. 

    More Reasons to Go Solar 

    The next time someone asks, “Does solar power increase property value?” You can reply with a confident yes. A solar-powered home has increased value since it lessens costs for electricity and maintenance while providing a reliable energy source. Additionally, a growing market for sustainable living could propel the value of solar-powered homes even further.

    Before enjoying the benefits of a solar-powered home, it’s crucial to ensure that the property is prepared for it. You can use SolarNRG’s Solar Panel Cost Calculator to help you calculate the recommended solar panel size. 

    Going solar doesn’t have to be complicated. Contact SolarNRG for easy solar solutions for industrial, commercial, and residential properties.

     

     

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    6 Other Practical Uses of Solar Energy You May Not Know About https://solarnrg.ph/blog/other-practical-uses-of-solar-energy/ Thu, 23 Jun 2022 07:12:29 +0000 https://solarnrg.ph/?p=32458 Solar energy has many other uses many people may not be familiar with. In this guide, learn about these applications and how they may benefit your business.

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    Out of all the available renewable energy sources, solar power has firmly established itself as one of the best. The sun can provide enough energy to cater to the planet’s power needs. Unlike other energy sources, like fossil fuels, solar energy is not expected to run out soon, benefitting more people in the long run.

    As awareness of the increasing climate change issues spreads, numerous countries are becoming more willing to tap into solar investments, especially the areas under an energy crisis. But apart from providing power to your homes, there are other practical and more creative ways to use solar power.

     

    6 Other Practical and Less Common Uses of Solar Energy

    You can use solar energy for many different practical applications. Several businesses today are making good use of it through solar panel investments. Here are some examples you may not know about in utilizing the sun’s power: 

    1. Invest in solar glass

    Solar windows make it easier for any company to convert sunlight into renewable energy. Solar glass functions like solar panels when generating electricity but allows light to pass through while blocking out harmful ultraviolet radiation. It can help industries with larger buildings or skyscrapers efficiently generate power.

    Solar glass can also help cool the temperature of a room by reflecting and absorbing the sun’s rays while simultaneously controlling glare.

    2. Drive safe with solar-powered roads

    Another way to use solar panels is to integrate them with road construction. At night, the panels can light up on their own to help provide better vision for vehicles. During winter, these roads can also stay clear of ice and snow thanks to the power generated from the solar panels.

    Having solar-powered roads can help passing drivers and introduce safety features on expressways and open roads. If there’s any excess power, it can be directed to a generator and provide extra energy to power cities and homes.

    3. Fly high with solar power 

    In 2016, an aircraft covered in solar panels successfully flew a 25,000-mile trip around the world for one year. The plane had the wingspan of a standard Boeing 747 while maintaining the weight of the average SUV.

    In terms of its applications, using solar power has become a significantly cheaper and more flexible way of flying compared to traditional jet-fueled flights. Future applications may also imply a solution to aircraft satellites and their limited lifespan.

    4. Cool down your internal building temperature 

    While your solar panels absorb sunlight, they can simultaneously help cool your building. The panels act as a physical barrier that reduces heat energy absorbed by the roof of your infrastructure. They can help you cool surrounding areas as well, just adjust the panels and reflect light away from your direction.

    Combined with solar glass used in windows, you can significantly lower the temperature of any structure that also uses solar panels up on its roof. Your building will be more energy efficient by using less electricity on air conditioning, especially during the summer months.

    5. Stay warm with solar-powered fabrics

    Small and flexible solar filaments can be stitched directly onto the fabric of your clothes to provide sufficient heat. This style is common in coats, jumpers, and shirts that are meant to keep you warm.

    Alternatively, manufacturers can use this fabric to help provide heating in car seats. As a portable energy source, you can also use it as a charger to power your phone and other electronics. Solar ribbons are woven into the fabric to collect and store energy, with a socket sewn strategically into clothing to charge your device.

    6. Generate solar energy at night

    The University of California announced that it made a new type of solar panel that can generate power during the night. This innovative solar panel catches infrared light generated by thermal gradients between the atmosphere and the solar cells.

    While it can only produce around 25% of solar energy that daytime panels provide, the extra electricity generated can still benefit many industries. It can potentially become a long-term solution to lowering energy consumption during nighttime.

     

    Reach for the Sun 

    Switching to renewable sources, like solar energy, can be more advantageous because it eliminates the need for imported fossil fuels. It helps minimize the effects of global warming and provides better solutions for the ongoing energy crisis. For many countries, it has also been a great way to lower energy costs while creating better opportunities for economic growth.

    While making the switch is a huge step for some, investing in solar can give you more benefits in the long run. It’ll help your company tap into an eco-friendly renewable energy source while maximizing operational costs. If you’re ready to start investing in solar panels for business, you can reach out to our team at SolarNRG to learn more about our products.

     

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    9 Ways the Ukraine Crisis Can Push for Clean Energy Transition https://solarnrg.ph/blog/how-ukraine-crisis-can-push-clean-energy-transition/ Wed, 04 May 2022 03:55:45 +0000 https://solarnrg.ph/?p=32384 The energy crisis brought upon by the Ukraine-Russian conflict is pushing prices sky-high. Here are some ways to keep the costs down with solar panel installation.

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    The recent attacks on Ukraine by Russia have led to many different problems concerning global and economic security. Many countries have already imposed sanctions on the purchase of oil and gas from Russia. Combined with the disruption in the pipelines crossing Ukraine, these have led to a spike in energy prices.

    Consequentially, the situation has sparked a worldwide ripple effect, forcing countries to find alternative ways to tap into more affordable energy sources.

    While we remain in times of uncertainty, relying on fossil fuels is becoming more expensive. And with climate change slowly making things worse, they may no longer be viable in the near future. Instead, this may be a pivotal moment to consider switching to renewable energy sources.

    The EU recognizes this, prompting them to push their leaders to end their dependency on fossil fuels and make the transition to more renewable sources.

    May this also be the push the rest of the world needs. It will not only help address the rising energy prices but also be beneficial for your home or business in many different ways.

     

    The Facts

    Russia is the third-largest oil producer globally, and it is not far behind the leading countries Saudi Arabia and the United States. In 2020, the country produced around 524.4 million metric tons of oil. But because of the current attacks on Ukraine, exports have been put on hold.

    Ukraine has been relying heavily on resources such as fossil fuels and nuclear energy to meet the country’s high energy demands. So much so that 70% of its coal imports came from Russia. But when the conflict began, Ukraine stopped supporting imports from Russia entirely, relying on other countries such as Kazakhstan and the United States for resources instead.

    As the conflict continues, supplies are growing scarce, further raising fuel and energy costs to astronomical prices. The war between the two countries is now recognized to have sparked the global energy crisis.

     

    9 Ways the Ukraine Crisis Can Encourage a Clean Energy Transition

    Other countries need to look for cheaper and cleaner energy sources to meet daily needs. The world has to adapt, and one way of doing so is by adopting new strategies for a renewable energy transition.

    1. Sanctions have cut the supply of oil and gas to other regions

    Local legislation can limit the supply of energy resources in select regions while changing its pricing. This may shift businesses to consider renewable energy instead of risky investments in fossil fuel options.

    2. Rising fuel prices due to supply shortage

    Sticking to limited resources cannot be a profitable strategy for industries as fuel prices continue to rise. Hence, the economic challenge highlights the advantages of renewable sources such as solar power, which can also help generate more savings.

    3. Renewables are expected to receive government funding

    Partial funding from the government will be allocated to renewable energy projects such as solar energy and offshore wind. This is to help shield consumers from facing even more severe energy costs.

    4. Countries are pushing to phase out conditions for coal

    Phasing out the distribution of coal in some areas can help encourage the transition to clean energy resources as a more viable alternative source. As more companies continue to support renewable energy, more employment opportunities can also be generated. 

    5. Renewable energy is cheaper than gas

    Making the switch to clean energy sources benefits not only the environment but also the economy. The increasing demand and depleting gas supplies have been escalating energy prices. Investing in solar power technology is the logical and cheaper solution as the world slowly weans itself from fossil fuels.

    6. A push for renewable energy to be more readily available

    Convenience plays a vital role in meeting consumer demands. Energy systems should be secure and have enough capacity to distribute energy during any time of the day. Germany has announced to ramp up the country’s renewable energy and efficiency plans, with the world hoping to follow suit.

    7. Aim for regional cooperation

    Community programs can engage consumers while introducing promising ways to gain energy through solar power. They can also be given incentives and other benefits for switching to green energy in exchange for their cooperation.

    8. Enhance energy systems with technology

    As technology continues to advance, more improvements can be made to increase renewable energy production. New installations can also be used to expand maximum holding capacities and allow more allocation to different areas. 

    9. Educate the masses

    Increasing public awareness of clean energy usage can improve transition rates as consumers are more likely to want the benefits that come with using solar energy. This not only helps them reduce their bills at home but the collective community as well.

     

    Adaptation in Times of Uncertainty

    Russia’s invasion of Ukraine territories has caused a chain reaction of events that may put the security of global economies at risk. While the conflict continues, multiple countries are putting a stop to exports to Russian markets. As a result, Russia has retaliated by no longer providing energy resources to select areas.

    With Russia using its supply of natural gas as an economic and political weapon, it would be wise to consider switching to renewable energy sources such as solar power. This not only acts as a solution for the current crisis, but it may also help you in other times of crisis. 

    Regardless of the outcome, other conflicts or changes in political or economic climate will happen in other parts of the world. Whether bad or good, constant and sustainable resources like the sun will always be accessible and not dependent on the energy sources mentioned above.

    The world has been dealing with a climate change crisis and currently an energy crisis, and we all must focus on solutions that will ultimately benefit all. Solar energy acts as a solution to both.

    For more information on how you can get involved with clean energy transitions, reach out to SolarNRG today and let us help you with your solar panel installations.

     

     

     

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    Where It Counts: The Benefits of Solar Energy to the Environment https://solarnrg.ph/blog/benefits-solar-energy-environment/ Mon, 25 Apr 2022 05:51:19 +0000 https://solarnrg.ph/?p=32379 With the planet at stake, it’s high time everyone does their part in saving the environment, and the best way to do this is by switching to solar energy!

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    Whenever you drive on the road, pay for your utility bills, or even cook your lunch, it is most probably powered by fossil fuels. People have always relied on energy but usually overlook its hidden costs. Its consumption results in serious impacts on one’s health and the environment. But people are not always aware of these effects.

    The continued dependence on fossil fuels results in climate change and can eventually lead to the extinction of life as we know it, including the human race.

    Perhaps the world has been dependent on fossil fuels for energy for far too long. With the planet and the survival of life on earth at stake, it’s high time everyone does their part in saving the environment, and one of the best ways to do this is to switch to renewable sources such as solar energy.

    Learn more about fossil fuels and the environmental benefits of solar energy in the infographic below.

     

    Infographic image of the benefits of solar energy to the environment

    Dirty Facts & Stats About Fossil Fuels

    Decomposing plants and other species have taken millennia to form the carbon-rich reserves we now call fossil fuels. They are buried under layers of rock and ocean floor. Coal, oil, and natural gas are examples of non-renewable fuels that provide energy. With fossil fuels, the world can also produce a wide variety of goods, from steel to polymers.

    But everything has its pros and cons. When fossil fuels are burned, they have negative consequences for the planet. So, without further ado, let’s cut into the fat of fossil fuels. Here are eight vicious fossil fuel facts and stats.

    • Burning coal generated 13.97 billion metric tons of carbon dioxide (CO2) in 2020. Surprisingly, this was a 4% reduction from the previous year. China’s dependence on coal is the main cause of the increase in carbon dioxide emissions. The country accounted for almost half of global coal emissions in 2020, making it the world’s biggest polluter through coal by far. – Statista
    • Oil is one of the most profitable commodities today. Regardless of its price increase, the demand remains consistent, if not increasing. Perhaps, this is why so many countries have made it a point to extract oil. The top three oil-producing countries are Russia, Saudi Arabia, and the U.S. – World Population Review 
    • Oil consumption continues to grow, fueled by a need for mobility and the many products (plastic) made with petrochemicals. These products are generated primarily from oil and gas. Fossil fuels have been supplying energy to global economies for almost 150 years and now account for 80% of global energy demand. – EESI
    • Crude oil is recovered mostly from onshore and offshore wells. It is a liquid fossil fuel made up primarily of carbon and hydrogen. Crude oil is then processed into gasoline, diesel, and heating oil, among other petroleum products. The Exxon Valdez oil leak in 1989, the Deepwater Horizon catastrophe in 2010, the fatal Lac Megantic oil train tragedy in 2013, and hundreds of pipeline problems have all resulted from oil drilling and transportation. – National Geographic
    • When fossil fuels are burned for energy, harmful pollutants are released into the atmosphere. This fans the flames of global warming by adding to the greenhouse effect. Coal generates the most carbon dioxide of all fossil fuels, accounting for 44% of global totals, and is the single most significant contributor to global warming above pre-industrial levels. – IEA
    • Fossil fuels are not renewable, meaning they have limited supply and can’t be manufactured. These fuels are burned in their natural state to produce energy. Burning coal produces 40% of the world’s power; the heat transforms water into steam, which drives turbines that generate electricity. – Carbon Brief
    • Existing ever since the age of the dinosaurs, you can imagine how much fossil fuels the world has. But alarmingly, research predicts that we will run out of fossil fuels this century. Natural gas supply can only last up to 53 years, coal up to 114 years, and oil up to 50 years. This brings about the question, what would happen next when it is all consumed? – METGroup
    • Oil firms are estimated to spend $4.9 trillion over the next decade to produce oil and gas from current and new field developments. This will continue to add to the dependence on fossil fuels, which is already intensifying climate change. – Offshore

     

    Benefits of Solar Energy to the Environment

    But despite these distressing facts, there is still hope. If the right policies are set in motion, the world can make dramatic progress toward a clean energy future. People and businesses should make efforts to reduce energy consumption, find more ways to tap into renewable energy sources, electrify almost all modes of transportation, and phase out fossil fuels. 

    All levels of government, the commercial sector, and local communities will have to work in solidarity to achieve this.

    You can start in your own way by adding clean energy to your home, such as installing solar panels. Here are eight benefits of solar energy to give you that extra push.

    1. Cuts air pollution

    The World Health Organization (WHO) reports that 4.2 million people worldwide die each year because of air pollution. Moreover, 99% of the global population inhales air that contains high levels of pollutants, with underdeveloped and developing nations suffering from the highest exposures. 

    Motor vehicles, household devices, and industrial facilities are prevailing sources of air pollution. What these activities have in common is that they are mostly powered by fossil fuels. Widespread adoption of solar panels can reduce pollutants from fossil fuels significantly. These pollutants include particulate matter emissions, sulfur dioxide, and nitrous oxides.

    2. Reduces carbon dioxide and greenhouse gas emissions

    You can minimize greenhouse gas emissions, cut demand for fossil fuels, and lower your carbon footprint by adopting solar energy. In fact, even one house that installs a solar energy system positively impacts the environment. Using a clean source of power may reduce carbon emissions, the equivalent of approximately 5,000 pounds of coal annually.

    3. Limits dependence on fossil fuels

    Solar energy is both boundless and unrestricted. If all of its energy is harnessed for an hour, it will be enough to power the whole planet for a year. In contrast, fossil fuels are rapidly depleting. Reducing our reliance on these scarce resources and using an abundant source of energy results in reduced costs, lower greenhouse gas emissions, and ultimately, a more stable future.

    4. Renewable source of energy

    Solar panels provide power that is renewable, free, and clean. All it needs are photovoltaic cells (PV) made of silicon. 

    While most of the world’s energy is created by burning fossil fuels, producing electricity with solar panels is unlimited and replenished constantly. It harnesses energy from solar radiation to bring light to homes, provide heat, and power vehicles. Especially with the current oil crisis and advancements in technology, solar is a cheaper and more efficient energy alternative.

    5. Decreases water usage

    Solar panels do not need water to operate. Conversely, traditional energy generation consumes 52 billion cubic meters of fresh water each year. If your power source does not utilize fossil fuels, it depends on water

    Both hydropower and nuclear energy are dependent on large volumes of water to generate electricity. And while dams are primarily built to manage water flow and generate power, they have a considerable detrimental effect on the surrounding ecosystem. 

    6. Slows down climate change

    The abundance of methane, nitrogen, or carbon dioxide on the planet grows due to the burning of fossil fuels. This contributes to an intensified greenhouse effect that is heating the planet more quickly than ever. Due to the increasing global temperatures, sea levels are rising from the melting of glaciers. This causes superstorms, drought, and other natural weather disasters. 

    On the other hand, solar energy does not contribute to climate change because it produces zero greenhouse emissions. 

    7. Improves humanity’s health In the long-run

    Cleaner air has a good influence on humankind’s health. In fact, experts estimate that it could save around 3 million lives per year. This is because fresh air leads to cleaner lungs. Among other health benefits, solar energy results in fewer people suffering from chronic bronchitis and other cardiovascular and respiratory diseases. 

    8. Sustainable source of energy

    The world’s population will continue to rise, but there is only so much oil, coal, and natural gas that the planet can give. The sun is the most prevalent energy source on earth, generating 173,000 terawatts of solar energy per second. That’s more than 10,000 times the total cumulative energy usage of the whole world, and it’s always accessible.

    Fossil fuels will deplete soon, and locating and extracting them will be too costly for companies. Its harmful effects on the environment and pressure on financial infrastructure may be irreversible when it’s too late. Solar might be the most excellent approach to protect the earth against the realities of diminishing resources.

     

    A Sustainable Solution

    With advancements in technology, solar panel installations are rapidly gaining traction. And with the sun producing more than enough power to provide electricity to the whole world, it might just be the answer to saving the planet for future generations. But in pursuit of a cleaner future, we have a lot to learn and unlearn.

    With all the adverse effects of fossil fuels, it is critical to eliminate their consumption now more than ever. Take a step in protecting the environment by switching to clean solar energy. SolarNRG’s solar power panels and installation services can help us achieve a brighter future! Contact us now to learn more about our offerings!

     

     

     

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    12 Interesting Things You Didn’t Know About Solar Energy, Probably https://solarnrg.ph/blog/interesting-solar-energy-facts/ Wed, 23 Mar 2022 06:30:09 +0000 https://solarnrg.ph/?p=32371 Interesting solar energy facts can help you decide if you’ll make the big switch. So if you want to learn more about solar power, we’ve got you covered!

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    The sun can power everything from plants and animals to, ironically, non-renewable fossil fuels. Arguably though, its most beneficial aspect is sustaining the entire human race with solar energy. With the increasing awareness of the adverse effects of greenhouse gasses brought by fossil fuels and the rise in electricity costs, the popularity and use of solar energy worldwide are growing by the day.

    If we could travel to the future, solar power would undoubtedly play a significant role in how we generate our electricity.

    While many already know how it works, it’s still a fascinating industry that warrants your attention. Understanding this renewable energy source can convince you to make the big switch and reduce your carbon footprint. So if you want to learn more, read on!

     

    12 Interesting Solar Energy Facts That You Probably Didn’t Know

    Solar energy can help you save money in the long term and support a future where clean energy reigns. Its benefits go on and on, from its non-polluting, sustainable nature up to its economic advantages. Intrigued yet? To fuel your curiosity, here are 12 interesting facts about solar power you probably didn’t know.

     

    1. The most efficient solar panel ever made to date can convert sunlight into electricity at 44.5% efficiency. The solar panel works by stacking numerous levels of solar hardware into a single cell, each of which absorbs a particular spectrum of light.

    In contrast to the standard solar technology, which converted power at a maximum efficiency of around 25%, this innovation of the solar panel is indeed a giant leap.

     

    2. The space sector first used solar panels to supply electricity onboard their spacecraft in the 1950s. The Vanguard 1—the world’s first artificial earth satellite powered by solar cells—is still in orbit and has traveled more than 6 billion miles.

     

    3. An aircraft called the Solar Impulse 2 could fly around the world while powered purely by solar energy.

     

    4. In 30 years, a home operating on solar energy can decrease carbon dioxide emissions by approximately 100 tons. Installing a home powered by a solar energy system produces less pollution than other energy sources.

    In fact, each month, a solar power system would save a typical household from using up almost eight pounds of sulfur dioxide, five pounds of nitrogen oxide, and over 1,400 pounds of carbon dioxide.

     

    5. The International Energy Agency (IEA) reports that solar will be the world’s most significant source of power by 2050. The IEA roadmap demonstrates how solar photovoltaic (PV) technologies could produce about 16% of the world’s total electricity.

     

    6. Solar energy amounting to 173,000 terawatts is constantly striking the Earth’s surface. This figure is more than 10,000 times the global energy use.

     

    7. An hour of sunlight can power the entire world for one year. This means there is a source of unlimited clean energy available, but everyone is yet to utilize it.

     

    8. Solar power use has been around since the 7th century BC. People used glass lenses to generate fire in 700 BC by magnifying the sun’s beams. The Romans and Greeks also used south-facing windows to heat and illuminate their rooms.

     

    9. Salt has been discovered to be a practical storage option for concentrated solar power (CSP) producers because it can retain heat from the sun’s rays even long after the sun has gone down. Its implications are inconceivable, making the desert and beach, where there is a lot of vacant space and plenty of sunshine, an ideal place to store renewable energy from CSP plants.

     

    10. Since 1976, solar panel prices have dropped by 99%. Now might be the best time to invest in solar electricity for your home or company since costs are significantly lower. This will reduce your utility costs while preserving the environment and minimizing pollution caused by fossil fuels.

     

    11. According to Brandessence Market Research, the global solar panel market is expected to reach USD 182.02 billion in 2021. By the end of 2028, the Solar Panels industry will likely develop at a steady CAGR of 25.7% and reach a value of USD 902.55 billion.

     

    12. Approximately 16 million Filipinos are off the grid, including over 6000 schools. Perhaps, this is why the Philippine government has pledged to a renewable energy goal of 15.3 GW and reduce carbon emissions by 70% by the end of 2030. With the abundant amount of sunlight touching the surface of the Philippines, there is vast solar potential in the country, given these numbers.

     

    Make the Switch to Solar Energy!

    Solar power is flourishing all around the globe, and this is no passing trend. Thanks to the growing demand for renewable energy and all the sustainable initiatives globally, solar energy might rule in the next decade. Solar power could be the non-polluting solution the world needs in saving the environment. Not to mention, consumers can have less expensive electricity bills.

    Indeed, going solar makes more sense today than ever. To save the planet and address the rising costs of electricity, SolarNRG is your best bet. With over 16 years of experience in solar technology for residential, industrial, and commercial purposes, SolarNRG can install the most suitable solar panels perfect for your needs. Contact us now for your solar panel installation!

     

     

     

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