The Cost of a Solar Setup

How much does a solar setup cost, and how long does it take to get your investment back? These are the key questions we often ask before starting a solar project. In this blog, we will provide detailed answers to help you make an informed decision on your solar energy journey.

Solar panel prices have plummeted over the past five years. In 2017, they were priced at P15 per watt, but today, that has dropped significantly to P7 per watt. That's a huge price reduction!

Now, let's discuss each setup from the smallest to the largest.

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12V 1.2kW Setup

A complete solar setup of this size will cost you between ₱25,000 and ₱45,000.

This setup can power the following appliances:

• 10W LED bulbs (up to 4 bulbs)
• Cell phones
• A small TV
• A stand fan or clip fan
• A rice cooker (400W, when used alone)
• A refrigerator (for a few hours)

This setup is ideal for a starter or for someone living in a province with limited access to electricity. You can expect a return on your investment in 4 to 5 years.

See the full setup here

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24V 3.2kW Setup

If you are looking for a more powerful setup, the price for a 24V 3.2kW system will range from ₱70,000 to ₱90,000.

With this more powerful setup, you can run the following appliances:

• 10W LED bulbs (up to 10 bulbs)
• Electric fans
• Laptops and computers
• A TV and a router
• A refrigerator
• A washing machine
• An electric kettle
• A rice cooker (800W, best used during the daytime)
• A microwave oven (for limited use at night)
• A 1hp air conditioner (for limited use at night)

The return on investment for this setup is approximately 3 to 4 years. If you have 2-3 family members, this is the perfect fit. You may need to increase your battery size if you frequently use high-consuming appliances like a rice cooker, microwave oven, and air conditioner.

See the full setup here

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48V 5kW Setup

For those with higher power needs, a 48V 5kW setup will cost you between ₱120,000 and ₱190,000.

With this larger setup, you can power a wide range of appliances, including:

• A TV and lights
• Computers, phones, and laptops
• A refrigerator
• A washing machine
• An electric kettle
• A rice cooker
• A flat iron
• A vacuum cleaner
• A microwave oven
• A 1hp air conditioner (for limited use at night)

This setup is typically a perfect fit for a 4 to 5 person household. Just be sure that high-wattage appliances like a flat iron, microwave oven, rice cooker, and air conditioner are not used together, as their combined load may reach the inverter's limit. The return on investment for this kind of setup is also around 3 to 4 years.

See the full setup here

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For Even Greater Power: 10.2kW or 12kW Setup

If the setups above are still not enough for you, you can extend your budget for a massive setup like a 10.2kW or 12kW system, which costs ₱250,000 and above.

With this system, you can power a full range of appliances, including:

• TV, lights, computers, phones, and laptops
• A rice cooker
• A refrigerator
• A vacuum cleaner
• A microwave oven
• A front-load washing machine
• Multiple 1hp air conditioners (up to 5)

You will have no problem adding more load-intensive appliances as long as you have a sufficient battery bank. You just have to ensure that the total load does not exceed the maximum recommended wattage of the hybrid inverter.

See the full setup here

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This table summarizes the information above to help you in your decision-making.

Setup	ROI (Years)	Appliances
12V 1.2kW (₱25,000-₱42,000)	4-5	10W LED bulbs (up to 4 bulbs) Cell phones A small TV A stand fan or clip fan A rice cooker (400W, when used alone) A refrigerator (for a few hours)
(₱70,000-₱90,000)	3-4	10W LED bulbs (up to 10 bulbs) Electric fans Laptops and computers A TV and a router A refrigerator A washing machine An electric kettle A rice cooker (800W, best used during the daytime) A microwave oven (for limited use at night) A 1hp air conditioner (for limited use at night)
48V 5kW (₱120,000-₱190,000)	3-4	A TV and lights Computers, phones, and laptops A refrigerator A washing machine An electric kettle A rice cooker A flat iron A vacuum cleaner A microwave oven A 1hp air conditioner (for limited use at night)
10.2kW or 12kW (₱250,000+)	3-4	TV, lights, computers, phones, and laptops A rice cooker A refrigerator A vacuum cleaner A microwave oven A front-load washing machine Multiple 1hp air conditioners (up to 5)

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Now you have a good idea of how much you are going to spend and when you can expect a return on your investment.

If you have any questions, please feel free to email us at solarpanda.ph@gmail.com.