Recent Updates On The Solar Panel Price In The Philippines

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Recent Updates On The Solar Panel Price In The Philippines
solar panel price philippines

Right now, you are probably ready to purchase your first solar module and have already compiled designs for solar systems. But before you head to the market and pay for your solar wares, make sure to have a good estimate of your bill first. Doing this will let you come up with a ballpark figure that you need to prepare.  It will also help you in planning a gradual transition depending on your budget.  As you know, solar panels for home use do not come cheap despite their benefits. Know about the solar panel price in the Philippines and other solar panel details before spending your first cent!

 

What Is A Solar System?

solar panel solar systemLike instruments in an orchestra, each ware plays a different yet significant part. A typical home solar panel system consists of a few solar panels, disconnect switches, an inverter, batteries, and charge controllers. All these and additional elements like utility power meters, wires, mounts, and fuse box connections are what will define most of your bill. Here is a brief description of each component and how it is critical to solar systems:

Solar Panels

Perhaps the most common part of a solar setup, a solar energy panel (or solar module) is what kickstarts solar power production. A solar panel is what gathers light to convert it to electricity. Smaller sections called PV cells or solar cells are the basic units of a solar module. These cells also differ in material type which contributes to their efficiency in capturing heat and light. Silicon is the most widely used semiconductor material, and monocrystalline is the most common solar panel type.

 

Disconnect Switches

Like your light switch at home, disconnect switches have an on or off selection. It should be straightforward so that any home member could manually navigate between the power options easily. Its main function is to cut the power output from solar panels during emergencies or repair.

 

Solar Charge Inverter

Also known in the solar market as AC/DC Inverter, this unit is essential to any solar panel installation system. A solar panel produces direct current (DC). However, homes run under an alternating current (AC) system. Hence, an inverter is what allows your home to collect energy from a solar system. 

Moreover, solar inverters have different types that allow owners flexibility in current conversion. You have the choice to convert DC from multiple solar panels at the same time, like in a string inverter. Or attach an inverter to the back of each solar board and convert their power output simultaneously as in microinverters. Depending on your needs or home solar panel system design, one type could be more advantageous than the other.

 

Solar Battery

When it comes to solar power, you may either remain connected to your central grid (traditional power source) or become fully self-reliant. And depending on your decision, you may or may not need a solar battery. However, the perks that come with this product are indispensable. When solar energy production is at its peak, or when your solar panels produce more energy than you consume, batteries allow you to store the excess power. 

 

Charge Controllers

solar panel charge controllersAnother vital part of home solar systems are charge controllers that regulate the proper voltage for your batteries. This is the secret unit if you are looking for more stable energy and the long service life of a solar battery. Charge controllers oversee the watts and voltage that enter your storage units. Hence, preventing overcharging and overvoltage.

 

Utility Power Meters

Some opt for solar energy for a lesser carbon footprint but most probably choose this technology due to the significant change in their utility bill. Aside from having the capacity to produce their electricity, solar panel owners have the chance to apply for power credits. This incentive system allows a home solar system to send the extra energy to the central grid.

Depending on the chosen power company, solar system owners may either use their power credits to pay for their bill or redeem it in other means like cash. And this is where utility power meters serve an interest. This equipment provides an accurate measure of how much energy you sent to the grid or received from it. Some solar panel installation systems not connected to the main grid utilize utility power meters. This helps in tracking how much they saved or in checking the efficiency of their solar panels.

 

Mounting Equipment

To experience the total functional capacity of your solar panels, you need to place them in an area with at least 8 hrs of sun exposure. But this sunlight requirement should not hinder your reasons for getting a solar panel. Also, there are mounting racks that enable you to move solar panels around their location. Mounts should also be durable and sturdy to keep solar modules stable even when you move them from one side to the other. 

 

Solar Panel Price In The Philippines As Of December 2021

solar panel price philippines 2021As you read, many factors could contribute to solar panel prices in the market. Aside from the type, size, and voltage capacity, prices may also differ among providers. Due to the increase in demand and popularity of solar energy, others would rather prefer DIY solar panels. But when you look into repair and upkeep, DIY options will prove more expensive in the long run. Besides, with the vital solar units for a single system, DIY designs might leave you one component less. And this could mean a lot of trouble in the future.

Most solar panels for sale also come in a system set. And if you are averaging an electric bill of PHP2 400 and below, you might want to settle with a 1 kW solar panel system. This design with at least five boards will cost around PHP100, 000. Or, if your monthly bill runs more than PHP4 000, you could opt for a 2kW residential solar system that charges an average of PHP170, 000. You may also want to bump your solar setup to 5kW if you reach a PHP15,000 electric bill in a month. This more advanced design will have an average of PHP400,000 payment rate. 

 

Solar Panel Price In The Philippines: The Answer

The rough estimate of prices might make you pull out from this investment. However, you should know that these numbers are only a fraction of what you will be able to save when using solar energy. Most of all, there are companies like 24Solar that offer competitive pricing and affordable rates for homeowners. Furthermore, your provider’s credibility is one factor you should look at before purchasing. Being a recipient of multiple business awards and with more than 7 years of experience, excellence is where 24Solar draws its edge compared to other companies.

 

Do the bright decision. Contact 24Solar today!

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