Solar energy use for homes, businesses get boost in form of financing options

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A media forum dubbed as "Usapang Maliwanag: Financing Solar Energy for Houses and Businesses" was held recently is part of the Solar Rooftop Challenge, which highlights the benefits of using solar energy while busting misconceptions that hinder individuals and companies from taking it up.

It showcases existing solar rooftop installations of urban middle class households, celebrities, churches, schools, government buildings and private establishments, as well as empowering stories of people who have joined the solar rooftop revolution in the country.

Proving that solar energy is accessible to common Filipinos, Greenpeace Philippines gathered financing institutions and solar providers to connect energy consumers to easy financing options available in the market and help increase solar energy use in homes and businesses.

Photo opportunity for the panelists of Solar Energy forum at the Kamuning Bakery Cafe, on Wednesday, August 17, 2016, left to right: Moderator Wilson Lee Flores of Philippines Star, Julius Respicio of BPI, Yeb Saño, Executive Director for Southeast Asia GreenPeace, Voltire Tupaz, Head of Sales , Solar Philippines, and Mike de Guzman, President of Solaric Philippines. ©Greenpeace 

Availing of financing packages spreads the initial costs in putting up solar installations over the long term while already generating savings on electricity costs.

In particularly, Solar rooftops can create huge impacts in lowering monthly electricity bills and the growing availability of financial assistance for those who want to avail of solar installations is a great opportunity to harness the power of the sun and break away from our dependence on fossil fuel generated electricity, like coal.

"Now is the best time to switch on the power of renewables for each home and business to be at the forefront of our fight against catastrophic climate change. The call for the uptake of solar energy is not an empty appeal to each individual's altruism but, as we are attesting today, incentives await in the form of cheap and reliable energy. Financial solutions are widely available from many institutions, and after today, we are expecting more. For both homes and businesses, renewable energy is the way to go," said YebSaño, Executive Director of Greenpeace Southeast Asia.

At present, the Philippines produces 29 percent of its electricity through renewable sources, with the Department of Energy looking to raise it to 40 percent by 2020. The mainstream adoption of renewable energy will result in creation of jobs and lower power generation costs that allow households to return the difference in savings to their budgets.

"It is important to note that while large-scale solar power plants are being constructed and going online in the Philippines, there is still a huge amount of solar energy potential that remains untapped. This is where solar rooftop installations on homes, schools, hospitals, and businesses can complete the picture of a country like the Philippines moving towards a higher share of renewable energy in its power generation mix. The energy revolution will happen right on the rooftops of Filipinos' homes," said Reuben Muni, Climate and Energy Campaigner of Greenpeace Southeast Asia Philippines.

Muni also called for a more robust participation of both the government and business sector to further push the growth and development of renewable energy in the country.

“A strong relationship between the public and private institutions, as well as progressive legislations, should boost our transition to renewable energy. It encouragesand provides incentives to more people and businesses who opt to use the technology,” Muni added.

Greenpeace Philippines is joined by speakers from Home Development Mutual Fund (PAG IBIG Fund), who discussed how its members can avail of their Home Improvement Loan, which can cover the cost of purchase and installation of solar panels. Also in the forum are Solaric Philippines, Solar Philippines and Bank of the Philippine Islands.

Journalist, columnist and owner of the Kamuning Bakery Café, where the media forum was held, Wilson Lee Flores, also shared how his decision to use hybrid or partly solar-powered air-conditioning system in the 77-year-old café drastically lowered his monthly electricity bills.

Greenpeace busts myths on Renewable Energy with The Solar Rooftop Challenge

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Greenpeace launched the Solar Rooftop Challenge, and presented at the media and guests held at the Bonifacio High Street last June 15, 2016. On the eve of the start of the comprehensive government energy policy review, and proving that the incoming rainy season is not an impediment to fully embrace solar energy, Solar Rooftop Challenge, an aggressive information campaign highlights the potentials of producing solar energy in the Philippines.

The Solar Rooftop Challenge highlights the benefits of using solar and busts misguided notions that hinder individuals and companies from taking it up by showcasing existing solar rooftop installations of urban middle class households, celebrities, churches, schools, government buildings and private establishments, and through sharing empowering stories of people who have joined the solar rooftop revolution in the country.

Renewable Energy advocates Illac Diaz (from left), Jun Sabayton, Jasmin Curtis-Smith and Saab Magalona grace the launching of the Greenpeace Solar Rooftop Challenge at the Bonifacio High Street on June 15, 2016. The Solar Rooftop Challenge is a massive information campaign that highlights the potentials of producing solar energy in the Philippines and creates a platform for the young and urban Filipinos to join the discussion on renewable energy, particularly the use of solar energy. ©Greenpeace

"Today, we are launching the Solar Rooftop Challenge to create a platform for the young and urban Filipinos to join the discussion on renewable energy, particularly the use of solar energy. At the same time that the young, hip and trendy Filipinos are ‘arriving’, so is the use of solar energy,” explained Reuben Muni, Climate and Energy Campaigner for Greenpeace Southeast Asia Philippines.

The launch event featured informative lectures and discussions by Obet Verzola, author of the book Crossing Over: the Energy Transition to Renewable Energy and Executive Director of Center for Renewable Electricity Strategies (CREST), and Dann Diez, Executive Director of Sustainable Energy and Enterprise Development for Communities, who presented data and experiences showing that solar energy installation is affordable, accessible and more cost-effective in the long run.

The launch also unveiled the video series JuanaSolar Busts a Myth in Minutes, which features celebrity advocates Saab Magalona, Yam Concepcion and Dingdong Dantes busting the myths surrounding the use of solar energy.

The videos debunk the myths that solar energy is expensive, unreliable, impractical, uneconomic, and beyond the reach of the average Filipino.

The Solar Rooftop Challenge also happens at the same time that the Philippine government is starting its comprehensive review of the country's energy policy in order to reduce dependence on coal and come up with a national framework for a just transition to renewable energy and a low-carbon economic pathway.

“By showing that many Filipinos across the country have already made the switch to solar energy, we are sending a message to the incoming Duterte Administration to take to heart this energy policy review and listen to the clamor of many more Filipinos who want clean and renewable sources of electricity for their homes, offices, and businesses,” added Muni.

By telling empowering stories, the Solar Rooftop Challenge showed that the solar revolution is already happening in many parts of the country - from a solar-powered church, to solar-powered schools, malls, and many households. It aims to serve as a platform for the thousands of Filipinos who have already embraced the solar revolution to show and tell their stories as well as exchange and share ideas and information to persuade other people who are keen on taking up the challenge of producing their own clean and renewable electricity from their rooftops.

“The stories will show energy independence through solar energy. We will break the myths surrounding renewable energy and create a powerful testament on its practicality, cost-effectiveness, and reliability to propel the Philippines to a future powered by clean and sustainable energy,” Muni said.