Have you ever wondered if you can save money on your electricity bills by producing your own energy? With Net Metering, you can! Many Filipinos don’t realize this program exists, but it’s a powerful way to save money, reduce reliance on the grid, and embrace renewable energy.
Here’s everything you need to know about Net Metering and how to take advantage of it in the Philippines:
What is Net Metering?
Net Metering is a program under the Renewable Energy Act of 2008 that allows households and businesses with solar panel systems to generate their own electricity and sell any excess power back to the grid. Instead of wasting the energy you don’t use, it gets credited to your electricity bill, effectively lowering your monthly expenses.
How Does It Work?
Install Solar Panels: Your solar system generates electricity during the day, especially when the sun is shining at its peak.
Use the Power You Need: The energy you generate powers your home or business first.
Export Excess Energy: Any surplus energy not used is sent back to the utility grid, and you earn credits for this.
Offset Your Bills: These credits are deducted from your monthly electricity bill, saving you money over time.
Why Filipinos Should Use Net Metering
Significant Savings on Electricity Bills
With Net Metering, you can cut down on your electricity costs by earning credits for the extra energy your solar panels produce. It’s a great way to maximize your investment in solar energy.
Energy Independence
You rely less on traditional electricity sources, which can be unstable and expensive. Your solar panels produce clean, renewable energy right at your home or business.
Environmental Benefits
By using solar energy and participating in Net Metering, you reduce your carbon footprint and contribute to a cleaner, greener Philippines.
Support from Local Utilities
Many power companies in the Philippines, like MERALCO and MORE Power, are implementing Net Metering programs to encourage more households to adopt renewable energy.
Who Can Avail of Net Metering?
Homeowners or businesses with solar panel systems up to 100kW in capacity.
Customers of participating distribution utilities like MERALCO, MORE Power, and others.
How to Apply for Net Metering
Install Solar Panels
Work with a trusted solar provider like Solartech Power Inc. to ensure proper installation and compliance with utility requirements.
Coordinate with Your Utility Company
Submit your application for Net Metering to your electricity provider. This includes documents like your system design, capacity, and proof of ownership.
Inspection and Approval
Your utility company will inspect your solar system to ensure it meets safety and technical standards.
Sign the Agreement
Once approved, you’ll sign a Net Metering agreement with your utility, and they’ll install a special bi-directional meter that tracks the energy you use and export.
Real-Life Example: How Much Can You Save?
Let’s say your household uses 500 kWh of electricity per month, and your solar panels generate 600 kWh. The extra 100 kWh is sent back to the grid. With Net Metering, this surplus gets credited to your bill, reducing your total expenses.
Ready to Start?
Net Metering is a game-changer for Filipinos who want to save money and help the environment. If you’re interested, start by installing a reliable solar system from a trusted provider like Solartech Power Inc.. We’ll guide you through the entire process, from installation to applying for Net Metering.
Take the first step today—Go Solar, Save Big! 🌞
For more information, contact us or visit Solartech Power Inc..
