Join our inner circle

Get the heads up on our latest stories, promos and partner offers.

Stories from Wellness

Here’s How to Get Solar Panels Installed at Home

by Voices Wellness 14 Mar 2021
Photo: Unsplash

Go green for the earth while saving on your electricity bills with this alternative energy source.  By LYDIA KWON.

We rely on electricity to do just about everything, from cooking meals in convection ovens to charging our smart devices. Electricity plays such a significant role in our everyday lives, that much like food and water, it’s hard to imagine it comes from a finite source. 

Fossil fuel is finite

Electricity is derived largely from fossil fuel, which is used not only to keep our devices on, but also our cars running. In fact, they contribute to over 80 percent of the energy we consume today. Fossil fuel is created from decomposing plants and other matter buried under layers of rocks and sediments to produce natural oil, coal, and gas. This process takes millions of years, but the rate at which we’re going through them is far quicker than the time it takes for them to form. Studies have shown that if we continue utilising fossil fuel at the speed and extent that we do, we’d be out of oil, coal, and gas in the next 100 years

Photo: Unsplash

Why choose solar panels?

Aside from potentially running out, fossil fuel can also harm the environment we live in. In burning these non-renewable resources to extract energy, the by-products created are greenhouse gases that contribute to global warming

The race is on to find alternative energy sources that won’t deplete or speed up the effects of climate change. One such source is solar energy, a clean and renewable energy derived from the sun and converted to electricity. To harness the sun’s power, solar panels are typically placed at areas directly exposed to light, so as to absorb and convert it into electricity. This alternative energy source can reduce about 20 percent of your electricity bills in the long run. 

Photo: Unsplash

How to install them at home 

Solar panels are a great way to save the earth’s precious resources, along with some extra dollars. Unfortunately, the choosing green energy can be expensive—installing them at home sets you back anywhere from $20,000 to $60,000. There are also restrictions depending on your type of residence. For example, HDB occupiers will find it impossible to install solar panels at home: a flat in Punggol was previously asked to remove their DIY solar panels due to safety concerns, such as the structural integrity of the building. 

HDB owners concerned with sustainability need not be discouraged, though: HDB has begun efforts to conduct installation of solar panels on the rooftops of their apartment buildings in different precincts. As more green Build-To-Order homes materialise, the number of flat owners gaining access to solar energy will increase over time. 

Photo: Unsplash

Meanwhile, condominium owners can get solar panels installed on their rooftops as long as they receive the necessary clearance from their condominium management. Private and landed homeowners who would like to go green but are concerned about the costs, can breathe a sigh of relief as OCBC Bank has committed to providing financing options for solar panels over a tenure of one to five years. Landed homeowners can borrow up to $30,000 at an interest rate of 2.2 percent per annum to get their panels securely installed by Sembcorp Power. Borrowing with OCBC also means a free consultation and assessment with Sembcorp. According to the the bank, utilising solar energy in a home that uses 2,000 kilowatt hour per month will mean saving around $60,000 on your bills over 25 years. You can learn more about OCBC’s solar panel financing options here

Where to get them

The provision and installation of solar panels are currently carried out by some of Singapore’s biggest energy providers, such as Sembcorp, Union Power, and Eigen Energy. Interested parties can arrange for a consultation and assessment on their respective sites. 

Adopting solar energy means saving on your electricity bills in the long run, while having the assurance that your daily consumption of electricity isn’t driving us to a warmer world devoid of oil, coal, and gas.

A Day in The Life of Kristina Snaith-Lense, General Manager for The Upper House

What to Expect at the Inaugural Wellness Festival Singapore

Ask an Expert Voice

    Happening this month