Have you ever wondered how harnessing the sun’s energy can transform your home and finances in Singapore? As one of the leading countries in Southeast Asia for renewable energy innovation, Singapore is embracing solar power as a clean, reliable, and cost-effective solution for both homes and businesses.
In recent years, solar energy has gained popularity among landed property owners in Singapore. With increasing electricity costs and strong government support, more homeowners are switching to solar panels to enjoy significant energy savings. Often reducing electricity bills by 30% to 50%.
With electricity prices going up to 32.58¢/kWh in early 2024, switching to solar is a smart move for those who can. It is no wonder Singapore’s solar power use has grown by 38 times since 2012, with government initiatives like the floating solar farms in Tengeh Reservoir.
That’s why now is the best time to take advantage of Singapore’s abundant sunshine and turn your rooftop into a source of long-term financial and environmental benefits.
Let’s explore why solar energy is becoming the preferred energy choice for Singaporean households and how you can take advantage of this trend to save more, live greener, and future-proof your home.
Singapore’s compact size and urban density pose challenges to conventional renewable energy sources such as wind and hydro. However, solar energy emerges as the most viable and scalable green solution for the nation’s long-term sustainability goals.
Over the past decade, the government has invested heavily in solar initiatives. A prime example is the Sembcorp Tengeh Floating Solar Farm, featuring over 122,000 solar panels and producing 60 MWp of clean energy. This massive project covers an area equivalent to 45 football fields and provides enough electricity to power 16,000 four-room HDB flats.
Another significant project is EDP Renewables’ 5 MWp solar farm in Woodlands, which generates over 6 million kWh annually. This project helps contributing meaningfully to the national grid.
The government has set bold targets for solar deployment:
A major contributor to these goals is the Housing & Development Board (HDB). As of 2023, HDB aims to generate 455 MWp, enough to power 114,000 four-room flats. Public schools and government buildings are also installing solar panels as part of the nationwide push toward net-zero emissions.
But it’s not just large-scale projects. Landed property owners in Singapore can now install residential solar panels and enjoy the same benefits: clean energy, higher home value and enjoying attractive cost savings.
Thinking about going solar in Singapore? With rising electricity prices and stronger support for renewable energy, now is the perfect time to consider installing residential solar panels. Beyond just cost savings, solar energy offers long-term benefits for homeowners. From government incentives and higher property value to lower installation costs. Here’s why switching to solar is a smart move for your home.
Singapore’s electricity prices are rising, making solar panels an attractive long-term solution. With a rooftop solar system, you generate your own power which help reducing your reliance on the grid and cutting monthly bills by up to 50%.
The government actively supports solar adoption through the SolarNova Programme and Solar Sellback Schemes, which allow homeowners to sell excess energy back to the grid via the Open Electricity Market (OEM). This further reduces your net energy cost.
As of mid-2023, over 7,698 solar installations were active across Singapore. With 16% increase from 2022, showing growing trust in solar solutions.
According to PropertyGuru, homes equipped with solar panels may enjoy a 3% to 4% increase in property value. Potential buyers see long-term savings and environmental value, making solar-equipped homes more attractive in the market.
Solar panel prices have dropped by 90% over the last decade, making installation more accessible than ever. Coupled with lower maintenance costs and long-term performance (panels last 25+ years), solar is a solid investment for landed homeowners in Singapore.
If you looking to make a positive impact on the environment then switching to solar energy is one of the most effective ways to reduce greenhouse gas emissions and support Singapore’s sustainability goals. By generating clean electricity at home, you cut down on fossil fuel use, lower your carbon footprint, and help improve air quality. Here’s how solar power contributes to a healthier planet and supports national efforts under the Green Plan 2030.
Switching to solar energy helps lower your carbon footprint by avoiding fossil fuel consumption. Instead of relying on coal or gas, solar power generates clean electricity that emits 20 to 50 times fewer greenhouse gases.
According to the National Renewable Energy Laboratory (NREL), solar adoption significantly improves air quality and can reduce health issues such as bronchitis, asthma, and heart conditions caused by air pollution.
A typical home solar system can:
Singapore’s Green Plan 2030 outlines a clear path toward net-zero emissions. Widespread solar adoption helps achieve national goals like:
By choosing solar, homeowners play an important role in shaping a cleaner and more sustainable Singapore.
Modern solar panels are more efficient than ever. Even during cloudy or rainy days, they can still generate power. With the right solar battery storage solutions, homeowners can store excess energy and use it at night or during power outages.
Thanks to smart inverters and monitoring apps, you can track your system’s performance in real time. Many systems also come with 25-year performance warranties, ensuring your investment remains productive for decades.
The shift to residential solar energy in Singapore is more than a trend. It’s a smart, future-ready lifestyle choice. Homeowners gain:
As energy prices rise and sustainability becomes a national priority, installing solar panels is one of the most practical and impactful decisions you can make today.
FOMO Energy is proud to support Singapore’s green future. Our residential solar systems are built for efficiency, durability, and performance, which designed to help you save more while protecting the planet.
