Santiago City-- Max’s Restaurant, one of the famous Filipino casual dining chains in the country, has now shifted into using Renewable energy.
A report entitled “Unlocking Rooftop Solar in the Philippines” by Institute for Energy Economics and Financial Analytics (IEEFA) stressed that the Philippines has one of the highest-priced electricity rates in ASEAN countries.
In the same report, it was also mentioned that rooftop solar power generation can lower electricity costs to P2.50 per kilowatt-hour (kWh) and can also trigger new investment of around $2.8 billion or P1.5 trillion by 2030.
Since 1970’s, solar panel prices have been steadily decreasing. According to solar-power providers, solar panel prices have gone down by 90 percent in the last 10 years and 50 percent in the last three years.
For the past years, a number of households, schools, shopping malls, restaurants, commercial and business industries have made the switch to solar energy. Solar panels will not only help you save significant amount of energy cost, it is also proven to be a better option for an efficient, economical and cleaner energy source in the long run.
Make a switch to renewable energy and venture with Solaready PH, the country’s one of the most trusted Solar energy provider. Visit us at www.solaready.ph