Tiếng Việt
The solar energy market for households and businesses is witnessing vibrant investment activities in “self-produced self-consumed” solar energy systems, particularly storage solar energy systems that ensure daily living needs even during power outages.
One of the factors contributing to this vibrancy is the concern over the risk of hot summer in 2024, potential rotational power cuts, and rising electricity bills. Additionally, the cost of investing in solar energy systems has become more affordable, and providers are offering numerous incentives for new installations.
Increased Demand for Solar Power Systems Ahead of the Hot Season
It is predicted that El Nino will end between April and June, with La Nina beginning in July-August this year. Therefore, the number of heat waves this year could be higher and more intense compared to the average in recent years. Each year, the country experiences an average of 15 heat waves, with daily high temperatures reaching 35 degrees Celsius or more, setting potential new temperature records. This increases the risk of power shortages and load shedding. Storage solar power ensures stable operation for families during power cuts and saves on monthly electricity costs.
In March 2024, the solar energy sector recorded many positive signals with significantly increased market interest. The number of new projects implemented, especially in northern provinces that experienced rotational power cuts and electricity shortages in the summer of 2023, has surged dramatically. This indicates that people are proactively addressing the potential for power outages and high electricity bills during the summer heat of 2024.
In 2023, the situation of power shortages and rotational power cuts in the North caused significant losses for businesses and individual business households. The forecast for the summer of 2024 suggests the risk of record heat and ongoing power shortages, prompting small business units and households to proactively install solar power systems to avoid reliance on the grid – ensuring their operations and activities remain uninterrupted.
Due to high demand, suppliers need to intensify the stockpiling of equipment and ensure resources are available to enhance the quality and speed of implementation to meet customer needs.
Choosing to install at the beginning of the summer of 2024 will benefit investors and households early on due to high solar radiation efficiency.
Opportunity for Investors to “Lock In” Solar Power Systems for Sustainable Business
Installing solar power systems provides an optimal solution not only for households but also for investors, with a one-time investment. Within about 5-10 years, customers can recoup their investment while the system operates for a minimum of 15-20 years.
Especially for customers owning rental buildings/real estate, investing in solar power systems with storage and supplying power to tenants can create an additional passive income stream for building/real estate owners.
PEC is always ready to support you in every aspect to ensure you have a completely safe and efficient rooftop solar power system.
If you are interested in solar power, contact us immediately.
Contact Information:
Hoa Binh Electrical Construction Consulting Co., Ltd. – PEC
Specializing in providing reputable and quality solar power equipment and services.
Address: 72 – 72A Vành Đai Trong, Bình Trị Đông B, Bình Tân, Ho Chi Minh City.
Email: office@pec.vn
Hotline: 1900 98 98 91