To solve impending power crisis, Casiño proposes one million solar powered homes and businesses in 10 years

teddycasino.wordpress.com
April 2, 2012

Bayan Muna Rep. Teddy Casiño, is proposing a novel solution to the Mindanao power shortage and the impending power crisis in Luzon – build a million solar powered roofs in 10 years.

Casiño, author of House Bill 5405 or the proposed One Million Solar Roofs Act, said that Congress should fast track the bill which provides incentives and financing facilities to ordinary electricity consumers like residences, offices and small to medium business establishments who want to put up their own solar power systems.

Casiño’s bill will allow homeowners and entrepreneurs to take out loans from Pag-Ibig, GSIS, SSS and other financial institutions to purchase solar panels and pay the amount from the ensuing savings in their electricity bills.

“In this way, we hit three birds with one stone – we build additional supply of power; liberate ourselves from expensive, dirty and imported fossil fuels; and develop the local renewable energy industry. It is really the way to go,” he said.

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