How Much Can You Really Save Using Solar Panels in the Philippines?
Because electricity prices in the Philippines are among the highest in Southeast Asia, more and more Filipinos—both homeowners and business owners—are considering solar energy as a prudent long-term investment. But the key question is: How much might switching to solar electricity actually save you?
Let’s take a closer look.
💸 1. The Cost of Electricity in the Philippines
The average residential electricity rate in the Philippines is around ₱10 to ₱14 per kilowatt-hour (kWh), depending on the region and power provider. A typical household uses 300–500 kWh per month, resulting in ₱3,000 to ₱7,000+ monthly electric bills.
🔋 2. Solar Panel System Cost in the Philippines
Here’s a rough estimate of what you might pay for a residential solar system:
System Size | Monthly Savings | Estimated Cost | Payback Period |
1.5 kW | ₱1,500–₱2,000 | ₱100,000–₱120,000 | 5–6 years |
3 kW | ₱3,000–₱4,000 | ₱180,000–₱250,000 | 5–6 years |
5 kW | ₱5,000–₱6,500 | ₱300,000–₱400,000 | 5–7 years |
3. Actual Monthly Savings
If your electric bill is ₱6,000 per month, and your solar system covers 80–100% of your usage, you could:
- Save ₱5,000 to ₱6,000/month
- Save ₱60,000 to ₱72,000/year
- Recover your investment in 5 to 7 years
- Enjoy 15 to 20 more years of free electricity after that
🔁 4. Net Metering Program
Through Meralco’s Net Metering or similar programs with other utilities, you can sell excess electricity back to the grid, earning credits on your bill and increasing your savings.
5. Long-Term Benefits
- Lower monthly bills (up to 90% reduction)
- Protection from rising electricity rates
- Increased property value
- Reduced carbon footprint
- Return on investment in 5–7 years, followed by decades of savings
🏡 Is Solar Worth It for You?
If you:
- Pay ₱3,000 or more per month on electricity
- Live in a sunny area (which is most of the Philippines!)
- Plan to stay in your home or keep your business long-term
…then solar panels are absolutely worth considering.
📞 Ready to Start Saving?
At AER Solar, we help Filipino homeowners and businesses transition to solar energy with reliable, high-quality systems. Want to know how much you can save? Contact us for a free assessment today.