Solar Panel Project Final
Solar Panel Project Final
Solar Panel Project Final
₱25,000 - ₱30,000
- Battery system:
- Capacity: 120 kWh – 150 kWh
- Number of batteries needed: 3
3. Cost Analysis:
- Solar panels 550 watts / Trina Mono / ₱6200 unit price: Quantity 30 = ₱186000
- One Solar 2800 AH 51.2 Volts LifePo4 Battery / ₱120000 unit price: Quantity 3 = ₱360000
Installation per watts 15/ ₱15 unit price : quantity 16000 = ₱240000
Total: ₱1,070,210
2. Monthly Savings:
- Monthly average Electricity cost: ₱25000-₱30000
- Expected monthly electricity cost with solar power set up: ₱0.00 - ₱1000.00
5. Risk Assessment:
- Energy prices can change but in most cases, it always goes up.
- Storm and Calamity. Panels are replaceable if damaged.
Conclusion:
- With a financing from a bank for the ₱1000000 for example with 10% annual interest for 5
years, payment will only be around ₱20000/month. Using the funds to set up the solar panel
system where in ₱0.00 to ₱1000 will only be paid per month for electricity moving forward. The
monthly payments allocated for the energy consumption is drastically decreased.
- No brownouts
- If energy stored is more than what is used, the energy can be sold to tenants for profits.
Additional Considerations:
- setting up an easy access to the panels for maintenance
- When in the 24hour day period is the highest energy consumption.
- Upgrading the solar system setup in the future.