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  1. Join Date
    Mar 2004
    Posts
    9,981
    #21
    The more you use your card (up to the limit) and are able to pay it ... they will increase credit limit automatically ... if you just use way below the limit, there's no reason for them to increase it ... there are other metrics that are used but this is one of them ...

  2. Join Date
    Jan 2007
    Posts
    2,225
    #22
    Quote Originally Posted by dr. d View Post
    so,
    what was his usual monthly bill before solar,
    what is his initial investment,
    and what is his estimated ROI ?
    Monthly bill was between 50 to 65k If I recall.
    Over 1M invested in Solar. Close to 2M ata for a 40kW install
    But at this point he is EXPORTING electricity to Meralco

    Reading nya for the month of March:


    6300kWh would have been 71k (at P11/kWh), naging zero bill.

    Bilis din ng ROI. 1.9M / 70k = just over two years to amortize that at zero bill, even faster if Meralco is paying you generation charge for exported power.

    Edit: Just asked him about the exported power. Meralco pays, but in credits lang daw, so you don't actually get cash for it. But those credits can be stored up and when he gets a cloudy month the bill is taken from those credits first before paying any money, so pwedeng zero bill pa din.
    Last edited by Dr.Kamiya; May 31st, 2023 at 11:20 PM.

  3. Join Date
    Jan 2016
    Posts
    6,677
    #23
    Mabilis din ah, baka power generation becomes cheaper at higher capacities.

  4. Join Date
    Jan 2007
    Posts
    2,225
    #24
    Quote Originally Posted by papi smith View Post
    Mabilis din ah, baka power generation becomes cheaper at higher capacities.
    Meralco allows up to 100kW ata according to a solar installer I've spoken with, but they're working to expand it to 1MW.

    For companies with a large building (like warehouses, retail parking with solar roofing) that might be achievable.

  5. Join Date
    Jan 2007
    Posts
    2,225
    #25
    Quote Originally Posted by _Cathy_ View Post
    Wow! We have a 90s ref and I think that's the reason why our Meralco is on the higher side even without using ac

    Sent from my SM-N960F using Tapatalk
    Bilib din ako sa '90s Ref and A/C ang titibay.

  6. Join Date
    Jan 2016
    Posts
    6,677
    #26
    Nag oil change ako and registration renewal kahapon, tuloy nakita ko ung resibo ng battery ko, 2 years old na pala and ang tinakbo lang ay 2,700 kms. So napakwenta tuloy ako, nasa 48k/year pala ang maintenance cost ko and hindi pa kasama ang palitin na brake pads, drive belt at fuel filter and wala pa itong comprehensive insurance. Nabangga ko pa sa poste sa parking hehe, so repair pa. Malabo na ang I-Mid at bubbly na ang tint.

    All this for 112 kms/month na gamit? And it depreciates pa. Practicality dictates na dapat ibenta na ito, kaso wala kaming back up pag nagka problem ung isa.

    Tinatamad na tuloy ako hugasan ito Extreme Cheapskates: Weird or Funny Things People Do to Save Money

  7. Join Date
    May 2019
    Posts
    4,027
    #27
    Quote Originally Posted by Dr.Kamiya View Post
    Monthly bill was between 50 to 65k If I recall.
    Over 1M invested in Solar. Close to 2M ata for a 40kW install
    But at this point he is EXPORTING electricity to Meralco

    Reading nya for the month of March:


    6300kWh would have been 71k (at P11/kWh), naging zero bill.

    Bilis din ng ROI. 1.9M / 70k = just over two years to amortize that at zero bill, even faster if Meralco is paying you generation charge for exported power.

    Edit: Just asked him about the exported power. Meralco pays, but in credits lang daw, so you don't actually get cash for it. But those credits can be stored up and when he gets a cloudy month the bill is taken from those credits first before paying any money, so pwedeng zero bill pa din.
    Di ba may maintenance din yan? Gaano kadalas and magkano? O wala as long as familiar sa electronics kaya DIY?

  8. Join Date
    Jan 2007
    Posts
    2,225
    #28
    Quote Originally Posted by misseksaherada View Post
    Di ba may maintenance din yan? Gaano kadalas and magkano? O wala as long as familiar sa electronics kaya DIY?
    Practically none needed. Just like your current house electrical system wala naman moving parts, but some solar owners schedule inspection every 2-3 years. This is mostly to wash any dirt or dust off the solar panels and visually inspect the system, check breakers etc.

    Solar Panel Philippines – Price of Installation and Maintenance - Solar AI Technologies
    Solar system maintenance charges per visit in the Philippines vary depending on system size — the average price is around ₱2,500. During the visit, your solar installer will wash your solar modules and conduct checks on your inverters and breakers. While most property owners only schedule maintenance once every 2 to 3 years, we highly recommend maintaining your system once a year to ensure that it stays in tip-top condition.

  9. Join Date
    Mar 2004
    Posts
    9,981
    #29
    Cleaning is around 500 per panel ... Battery replacement every 10 years or so ... which is expensive ...

  10. Join Date
    Mar 2004
    Posts
    9,981
    #30
    2M for 40 Kw is very very low ... that's not even counting the battery cost ... ROI is 4-6 years in the Philippines ... 2-3 year ROI is very very good or could be miscalculation ...

    Solar Panel Philippines – Price of Installation and Maintenance - Solar AI Technologies

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