How much does a solar panel cost in the Philippines?

On average, the price of a solar panel in the Philippines is between ₱30,000 and ₱50,000 per installed kW, including installation and necessary equipment. To obtain an accurate estimate of the number of solar panels you need and the cost of your installation, it is strongly recommended that you request a quote from a solar panel company.

What factors affect solar panel installation cost in the Philippines?

Solar panel installation cost in the Philippines are influenced by various factors, such as the market situation, supply chain, manufacturer, and type of solar panel, they may be outdated and do not consider effects such as retail chain crises or inflation. Accordingly, the current provider prices may deviate from the above information.

Who makes the best solar panels in the Philippines?

The best PV manufacturers include: LG, Panasonic, Canadian Solar, Jinko, Longi. The Philippines photovoltaic market is dominated by Asian producers of PV panels, whose panels are usually cheaper than their European counterparts. The most popular brands include Longi, Jinko, Trina Solar and Risen.

Where to buy cheap solar panels in the Philippines?

The cheapest offers of solar panels in the Philippines can usually be found in online stores or solar equipment distributors. There we can find opportunities for panels from lesser-known brands at promotional prices. However, when buying a very cheap panel, you should be careful about unfair offers and contraband.

How long do solar panels last in the Philippines?

Solar panels can pay for themselves in 5 years, and since each solar panel can last 25 years on average, it's considered better than a time deposit. The Philippines is known for its power failures or ‘brown out' and sometimes the place is too remote to have electricity ‘from the grid' at all.

Why should you invest in solar panels in the Philippines?

Sadly, this is because of the country’s huge dependency on fossil fuels and an uncompetitive market structure. As a result, many rely on kwh calculators designed for the Philippines to gauge the financial burden on energy costs. Recent trends show that investing in solar panels can have a lot of benefits to your finances and the planet.