You've probably noticed your neighbors installing those sleek solar panels, right? Well, residential solar installations increased by 34% year-over-year in 2023 according to the National Renewable Energy Monitor. With electricity prices soaring 15% this summer alone, solar kits aren't just eco-friendly - they're becoming financial lifelines.
Let's cut through the solar sales pitches. As of March 2024, the average residential solar system costs $18,000-$36,000 before incentives. But wait, that's like saying "cars cost $20,000-$80,000"—technically true but practically useless. Here's what really matters:
Did you know Filipino families pay 18 pesos per kWh – Southeast Asia's highest electricity rates? With 7,641 islands struggling with frequent power outages, solar companies in Philippines aren't just an eco-choice – they're becoming survival essentials. Let's unpack this energy crisis.
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