FAQS

The Philippines is fortunate to have a variety of renewable energy resources at its disposal. These clean energy sources are often remembered by the acronym “BIG SHOW”: Biomass, Geothermal, Solar, Hydro, Ocean, and Wind.

Absolutely! Unlike traditional energy sources like coal, renewable energy is sustainable, because it is derived from naturally replenished and occuring sources, ensuring a continuous supply.

Solar energy can reliably power an entire household with a properly sized solar system. While your location is a factor, consider adding batteries to your solar system to maximize the solar energy you capture. Read more about battery energy storage systems (BESS) here.

The Philippines is a great place to go solar! The country receives an annual average of four to five sun hours daily, so solar panels can work efficiently in this climate.

Any potential savings on your electricity bill depend on factors such as the size of the installed solar system, participation in net metering, local utility rates, your consumption habits, and the quality of the system components like batteries and panels.

Maintenance costs depend on product warranties and your installation contract. Generally, if the system and its parts are in good condition, routine cleaning that can be done by users on their own so it can incur minimal or no cost at all.

Households can benefit from net metering, which allows them to sell excess solar energy back to the grid, reducing their electricity bills. Commercial and industrial users can take advantage of the Green Energy Option Program, which lets them choose renewable energy sources for their power needs.

Microfinancing is a simplified loan offered by banks or financial institutions to help homeowners cover the initial costs of installing solar systems through manageable monthly payments.

Microfinancing repayment terms typically range from 12 months up to 5 years, depending on your chosen loan amount and provider.

Yes. PAG-IBIG Fund offers loans specifically designed for solar panel installations, providing homeowners access to financing of up to ₱500,000.

Yes. Many banks offer specialized renewable energy loans with favorable terms, even if you have an existing home loan.

Many households start saving right away. For example, if your solar system reduces your electric bill by ₱6,000 and your loan payment is only ₱4,500, you’re still saving ₱1,500 each month. Read on to learn how solar power can lower your electricity bill and make a real impact on your monthly expenses.

Through monthly payments, this loan lets you install a solar system and spread the cost over time. Most programs don’t require extra collateral since the system secures the loan. This makes solar more affordable without needing to pay everything upfront.

Filipino citizens or permanent residents aged 21 to 65 with a stable income can apply. You must either own the property or have the right to install panels. Self-employed applicants are welcome, as long as they can show steady earnings.

Most home systems fall between ₱80,000 to ₱200,000 . The final cost depends on your energy use, system size, and setup type. Installers can help calculate what fits your needs.

You’ll need a valid ID, proof of income and residence, bank statements, and a quote from a certified installer. If you run a business or are married, you may need extra paperwork. Keeping everything organized helps speed things up.

Note: Requirements may vary by lender, so it’s best to check in advance.

Once you’ve submitted all the needed documents, approval usually takes 1 to 2 weeks. Some lenders offer online applications for faster processing. It’s quicker than most traditional bank loans.