Directory/Philippines/Solaric Philippines

Solaric Philippines

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Makati City, Metro Manila, Philippines
4.4(312 reviews)
Est. 2013
Serves 50km radius

About

Founded in 2013, Solaric provides cost-effective solar energy for home and business users. They install systems, provide equipment for DIY solar enthusiasts, and serve solar installers and systems integrators.

Solar Market in Philippines

Electricity Rate
12.50
per kWh
Solar Buyback Rate
4.50
per kWh
Peak Sun Hours
5.0h
daily average
Panel Cost
18,000
per kW installed
Est. Annual Savings
136,875
6kW system

Available Solar Incentives in Philippines

net metering

Philippines Net Metering Program

100%

Under the Renewable Energy Act (RA 9513), qualified end-users with solar up to 100 kW can export surplus to the grid and receive credits. Updated 2025 rules simplify adoption and allow credit banking.

tax credit

Philippines Duty-Free Import of RE Equipment

100%

Duty-free importation of renewable energy machinery and equipment for the first 10 years of operation. Zero-rated VAT on local purchases of RE goods and services.

tax credit

Philippines Income Tax Holiday for RE

100%

Seven-year income tax holiday for renewable energy developers under the RE Act. After the holiday period, a reduced 10% corporate income tax rate applies.

tax credit

Philippines Tax Exemption on Carbon Credits

100%

Income from carbon credits generated by solar and other RE projects is exempt from taxation under the Philippine RE Act.

Address

2320 Pasong Tamo Extension (Chino Roces Extension), Makati City 1200

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