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Developers mull over building solar houses

By Alena Mae S. Flores | Posted on October 04, 2012 | 12:01am |
[ manilastandardtoday.com ]

Solar power developers are in talks with major property companies to build solar-powered houses that will significantly cut the homeowners’ electricity bills.

Philippine Solar Power Alliance spokesman Tetchie Capellan said discussions were ongoing with Sta. Lucia Realty and Development Inc., Fil-Estate Properties and Avida Land for the solar rooftop projects.

“As we enter 2013, we would like to focus on the solar rooftops because we believe that this is going to be a major initiative by the industry in providing solutions to our problems in the energy sector. We are working with developers for new builds. We are exploring partnership with them,” Capellan told reporters during a conference organized by Deutsche Gesellschaft für Internationale Zusammenarbeit or GIZ.

Capellan said the company was working with property developers that build housing units with cost of P3 million to P5 million and with higher power consumption than low-cost housing units.

She said the company asked developers to bundle the expesnses of the solar rooftop of around P378,000 into the housing cost.  The return on investment for the solar rooftop takes about seven years.
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