Property developer Imperial Homes Corp. has launched on Thursday a residential village in Cavite province that will have its own solar power source and the capability to sell its excess energy to the electricity grid. READ:
Emma M. Imperial, chairperson and chief executive officer of Imperial Homes, said the project integrates modern and efficient technologies into property development.
Imperial Homes, which is known for its middle-income and low-cost housing projects, said the electric metering arrangement is a move that contributes to a more stable grid in Luzon. “The energy industry, as we know it, has totally changed with the net-metering program. From the one-way flow of electricity, to a two-way flow of electricity. It empowers consumers to become ‘prosumers,’ with the ability to generate their own electricity for their own consumption, and as well as export any excess generation to the distribution grid,” Ms. Devanadera said.
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