In the heart of Southeast Asia, Singapore is leading the charge in renewable energy, particularly through the adoption of solar panels. As the world grapples with climate change and seeks sustainable energy solutions, solar panels offer an efficient and eco-friendly alternative. This comprehensive guide aims to be your one-stop resource for understanding solar panels in Singapore, from the science behind them to the economic and environmental benefits they offer.
Fun fact: The total solar capacity in Singapore for residential homes increased by a whooping 12% from 2021 to 2022. People staying in the west of Singapore, enjoyed the most solar power, having the maximum solar capacity of 319.7 MWp! For homes contemplating solar, this guide will tell you everything there is to know about solar in Singapore!
Why Install Solar Panels?
Solar panels are not merely a trend; they are a long-term investment in a sustainable future. Here’s why you should consider installing solar panels:
Benefits Of Going Solar
Electricity Cost Savings
Solar panels are a financially prudent choice. According to industry experts, solar panels can last for at least 25 years and are able to pay for themselves within 6 to 8 years, offering a high return on investment (ROI). This is a significant advantage over traditional energy sources, which often involve ongoing costs and lower ROI.
During his 2022 May Day Rally speech, PM Lee Hsien Loong spoke on the impact of growing energy prices on Singapore and its people. With the Russia-Ukraine war, increased demand for electricity and a shortage of electrical alternatives, home electricity rates will only rise.
As of January 2023 from SP Group, Singapore has experienced a significant increase in electricity prices due to global economic conditions. Solar panels offer a sustainable and cost-effective solution to this issue, providing another compelling reason to make the switch.
|Cost-Effectiveness||Solar panels can pay for themselves within 6 to 8 years, offering a high ROI.|
|Low Maintenance||With minimal upkeep, the running costs are significantly low.|
|Energy Savings||Reduce your electricity bills by up to 20%.|
On the other side, solar electricity is getting cheaper and cheaper. Did you know that the cost of solar internationally has decreased by 89% in the previous 10 years? People frequently think solar is pricey yet it is actually the cheapest method of electricity generating presently. This is in great part owing to more efficient technology and reduced costs as solar becomes more mainstream.
Low Maintenance Costs
Another financial benefit of solar panels is their low maintenance requirements. Once installed, solar panels require minimal upkeep, which means the running costs are significantly low. This is in stark contrast to other forms of energy production that require regular maintenance and additional expenses.
Solar panels significantly reduce the carbon footprint by emitting zero greenhouse gases, presenting an environmentally friendly energy solution. They harness solar energy, which is both renewable and abundant, ensuring a sustainable source of power. Moreover, the use of solar panels involves a low environmental impact, as they operate without the need for harmful extractions or emissions, making them a cleaner and greener choice for energy consumption.
Is It Feasible To Operate A Home Purely On Solar Energy?
The size of your solar system and how much power you utilize at home will decide this. After converting to solar, some homes could truly pay $0 a month on power. In fact, on a bright day, you may even create more electricity than your home uses and earn by selling the surplus to the grid!
In reality, we have a number of testimonies that attest to the practicality of powering your home completely with solar panels.
Do I Need Batteries To Power My Solar Energy System?
Most of the time, no. Since surplus solar energy may be sold back into the grid, grid-tied solar panel systems in Singapore are widely utilized and do not need batteries.
When it is bright outside, your house will first utilize the solar energy generated by your system to make power. If you consume more energy than is generated, the device will automatically take electricity from the grid. Your house will continue to collect electricity from the grid as normal at night when your system is not generating energy, so there won’t be any power outages. The end outcome? You save money on electricity as you utilize the grid substantially less.
Installing batteries is normally not suggested owing to their high cost (they might raise the cost of your system by $10–20,000 at this time). However, installing battery-ready inverters will make it easy for you to add batteries later on when costs decrease.
Can I Install Solar Panels If I Buy My Electricity From An OEM Retailer?
You may install solar at any time, regardless of when your OEM retailer contract ends, since adding solar is not dependant on it. Nevertheless, having consumers under SP Group may make it administratively easier for some solar providers. In order to maximize their earnings at periods when wholesale power costs are higher, solar households who generate more solar energy than they need may even chose to sell their surplus solar electricity to an OEM retailer.
Can I Install Solar Panels In A HDB Flat?
Almost 80% of Singaporeans live in a HDB apartment. Unfortunately, this majority doesn’t have the opportunity to make adjustments such as placing solar panels on their HDB roof. Thankfully, HDB’s Green Towns Programme proposes to deploy 540 MWp of solar panels on Singapore HDB estates by 2030.
Can I Install Solar Panels If I Live In A Condominium Or MCST?
Condominium complexes are communal living areas and may have limitations stopping you from installing solar panels. However, if you’re the owner of a penthouse or MCST landed property and would want to acquire a solar panel installation, here are some key suggestions to consider:
- You will need to first receive consent from your condominium Management Corporation Strata Title (MCST)
- You will not be able to export or sell any extra power to the grid
- The solar system installed will be deemed a “hobby” installation and you may have to be accountable for any dangers to the condominium
Refer to this article on installing solar panels for condominium or strata landed properties for everything to consider.
Can I Install Solar Panels In A Landed House?
Yes! Landed homes may simply install and profit from solar panels in Singapore. For a quick tailored quotation, please contact us for a free site survey.
Are solar panels appropriate for my roof?
The three important criteria that decide whether your roof is ideal for solar panels are as follows: Size, Shade Amount, Angle & Direction, and Size.
Solar panels may be put on most roofs. Solar panel installations would not be the greatest solution for roofs that are exceedingly intricate or shaded. A smaller system may fit on a smaller roof, which frequently gives a worse rate of return on investment.
How much does Solar Panel Cost in Singapore
The cost of installation will vary dependent on numerous variables, including the amount of solar panels installed. The cost of a solar panel installation in Singapore varies from S$15,000 to S$38,000 or more. That stated, a fair estimate would be S$20,000 since most home solar panel systems are roughly 10 kWp (S$2,000/kWp).
While a 1,000 kWp industrial rooftop PV system might cost roughly S$940/kWp. Besides the quantity of solar panels placed, the operation and maintenance expenses vary from 1 to 1.45% of upfront expenditures (1% for big rooftop systems compared to 1.45% for smaller systems). For further pricing information you may refer to the 2020 “Update to the Solar PV Roadmap for Singapore ” paper, the National Solar Repository website or you can just contact out to us.
Warranty and maintenance for solar panels in Singapore
Most solar panels carry a 25-year power output guarantee in addition to a 12-year product warranty. Solar inverters, however, frequently come with a 5-year manufacturer’s warranty. These warranties frequently involve replacements of any physically faulty equipment on a one-for-one basis.
This suggests that even when new solar panels will be delivered at no cost to you if you need them within the warranty period, you might still be liable for paying your installer’s labor costs for the repair process. Solar panel installation providers often charge maintenance and cleaning charges in Singapore, which may range from $300 to $500 for every visit.
If you’re ready to make a green and financially sensible option, now is the time to invest in solar panels for your Singapore home/business. Reach out to us, and let’s commence on the path to energy independence while lowering your carbon impact. Don’t lose out on the chance to change your house with solar energy – contact us today.
Frequently Asked Questions (FAQ)
Are Solar Panels Worth It?
Not only does it help to save electricity bills, solar panel installations can also raise the value of your property. According to surveys, homes with solar panel systems sell 20% faster and for 17% more money. While these percentages may vary in the Singaporean context, the trend is clear: solar energy is an enticing factor for homebuyers.
Government Grants and Subsidies
The Singapore government offers various grants and subsidies to offset the initial installation costs. For instance, the SolarNova programme aims to accelerate solar adoption across public and private sectors.
Launched by the Economic Development Board (EDB) and the Housing & Development Board (HDB), the SolarNova programme aims to aggregate demand for solar photovoltaic (PV) systems across government agencies to achieve economies of scale, and drive the growth of solar energy in Singapore.
In addition to grants and subsidies, the government also offers tax benefits for properties that install solar panel systems. These incentives make the switch to solar energy even more appealing.
How Do You Go About The Installation Process?
Installing solar panels is a multi-step process that involves several key stages:
- Site Assessment: A professional will visit your property to assess the suitability for a solar panel installation.
- System Design: Based on the assessment, a system will be designed to meet your energy needs.
- Permitting: Necessary permits and approvals will be obtained from local authorities.
- Installation: Professional installers will set up the solar panel system.
- Inspection and Commissioning: After installation, the system will be inspected and tested to ensure it’s operational.
Installing solar panels is really not that complex a procedure — We offer end-to-end installation services, a system may be completed in as rapidly as two to six weeks, depending on the construction of your home and position of solar panels.
The set up will include erecting infrastructure like as rails to attach the panels to your roof. Once the panels are installed, they will be linked to the photovoltaic system and a solar invertor, to convert direct current from the panels into the kind of power utilized in your house.
Can I DIY and Install The Solar Panel Myself?
You may, particularly if you live in landed property – you wouldn’t need to apply for planning permission unless you’re 1) utilizing the space beneath your solar panels commercially, 2) reside in a conservation area, or 3) want to put raised solar panels (one meter or more over your roof).
You will, however, require a professional electrical worker’s endorsement of the system you put up. So unless you have the know-how, you’d probably be better off contacting a professional who is knowledgeable with safety requirements and construction and electrical restrictions.
If you are a condo penthouse owner, the controlling body of your building (MCST) also has to approve your intentions to install a solar panel system. Unfortunately, selling extra power to the grid is not permitted in condominiums, so your savings may be smaller.
To help you make an informed decision, here are some additional resources:
- Solar Panel Cost Calculator: Calculate how much you can save on your electricity bills.
- Contact a Licensed Solar Panel Installer. Ensure you’re getting the best service possible.
- Solar Panel Cost: A comprehensive guide to check how much does solar panels cost in Singapore.
Solar energy is the future, and the future is now. With numerous benefits, both environmental and economic, there’s no reason not to make the switch. Coupled with government incentives and the current economic landscape, solar panels are a smart investment for any property owner in Singapore.