The sun is shining brighter on Filipino households and businesses thanks to Philippine Alternative Energy Inc. (PA Energy), a pioneering company making solar rooftop solutions more accessible than ever before. By offering flexible and easy-to-pay installment plans that function as a clear path to ownership, PA Energy is dismantling the financial hurdles that often prevent electric customers from embracing clean and cost-effective solar energy.
PA Energy is empowering Filipinos to take control of their electricity bills with fixed-rate lease agreements spanning 2, 5, and 10 years. These plans cater to a wide range of energy needs, from small residential setups as low as 3kW (approximately 6 solar panels) to large-scale commercial installations reaching up to 1.1MW (an impressive 1,566 panels). Best of all, these plans require no downpayment and are collateral-free, making the transition to solar power even more seamless.
This innovative approach has already seen significant success across the region. Notably, PA Energy recently installed a 97.5kW rooftop solar facility for the Medicus Cancer Institute. This 10-year lease agreement exemplifies PA Energy’s lease-to-own model. After the 10-year period, the entire solar facility will be turned over to Medicus Cancer Institute completely free of charge, allowing them to enjoy the benefits of clean, self-generated electricity for years to come. PA Energy has also illuminated the Hua Siong College of Iloilo’s Ledesco and City Proper campuses under similar agreements, demonstrating their commitment to supporting educational institutions in their sustainability efforts and long-term asset ownership.
But the benefits aren’t exclusive to large consumers. PA Energy is making solar power a reality for everyday Filipinos through an accessible lease-to-own structure. For an incredibly affordable monthly payment of just Php 2,678.96 over a 10-year period, homeowners can avail of a 3kW solar system. This system is estimated to generate between 3,500 to 3,800 pesos worth of electricity per month, depending on weather conditions, potentially leading to immediate savings on their electricity bills. Importantly, at the end of the 10-year lease, the homeowner will own the entire solar system. The application process is designed to be straightforward, with simple requirements ensuring that more Filipinos can easily access this sustainable energy solution and ultimately own their power generation.
The 10-year lease package comes with added peace of mind, including free yearly maintenance to ensure optimal performance and acts of God insurance, protecting investments from unforeseen events during the lease period. Furthermore, the high-quality solar panels come with a robust performance warranty guaranteeing their functionality for 30 years, ensuring that even after the lease period, the owned system will continue to deliver significant value.
Staying ahead of the curve, PA Energy has also launched innovative hybrid battery plans. These systems not only allow users to harness solar energy during the day but also store excess power for use at night, providing continuous savings and crucial backup power during outages, with the same lease-to-own principle applying.
PA Energy prides itself on using only Tier 1 panels, recognized as the best quality in the market. They have recently transitioned to N-type panels, which offer superior efficiency and a slower rate of degradation compared to traditional P-type panels, ensuring customers get the most out of their solar investment for decades to come, both during and after the lease.
The company’s commitment to large-scale projects is evident in their recent accomplishment: the construction of a massive 1.1MW solar rooftop for SM Imus Cavite on behalf of Lykos Co. This project is a testament to PA Energy’s capabilities and their role in driving the adoption of renewable energy across various sectors. Lykos Co. is a joint venture between PA Energy, Mltvrs Ventures, and Dayone Capital Ventures Inc.
By offering accessible financing with no downpayment, no collateral, and simple requirements, coupled with a clear lease-to-own structure and high-quality solar solutions, PA Energy is not just providing electricity; they are empowering communities to become energy independent, reducing the burden of high energy costs, and paving the way for a greener and more sustainable future for the Philippines. For Ilonggos and Filipinos nationwide, the dream of affordable and clean energy, with the added benefit of eventual ownership, is now within reach, thanks to the innovative spirit and commitment of companies like PA Energy.
IMT is a proud subscriber of PA Energy and uses clean energy for it’s operations. Give promocode IMTxPAENERGY to avail of discounts when inquiring from PA Energy.
