The Social Security System (SSS) is preparing to launch an energy sustainability loan program that will help members finance the installation of residential solar panels. The plan includes setting aside PHP 40 billion for the program, according to SSS President and Chief Executive Officer Robert Joseph de Claro. De Claro says the SSS is working to announce the initiative by September. He adds that the implementation is likely to begin toward the end of the year or in early 2027, depending on final preparations. The SSS is also finalizing the program’s implementing rules, which will guide how eligible members can apply and how the loans will be administered. The proposal is intended to support household adoption of solar energy through accessible financing under the SSS structure. As of the latest reports, specific details such as loan terms, eligibility requirements, and the application process have not been fully disclosed, but the SSS indicates that these will be outlined once the implementing rules are completed and the program is formally announced.
SSS to allocate P40B for household solar panel financing program
The Social Security System (SSS) is preparing to launch an energy sustainability loan program that will help members finance the installation of residential solar panels. The plan includes setting asi...
- The Social Security System is preparing a new energy sustainability loan program for residential solar panel installation.
- SSS plans to allocate PHP 40 billion for the program.
- SSS CEO Robert Joseph de Claro says the program could be announced by September.
- Implementation is expected by the end of 2026 or in early 2027.
- SSS is finalizing the program’s implementing rules.
MANILA, Philippines – The Social Security System (SSS) is preparing to roll out a new energy sustainability loan program, setting aside P40 billion to help members finance the installation of residential solar panels. SSS President and Chief Executive Officer Robert Joseph de Claro said the agency is aiming to announce the program by September, with implementation likely by the end of the year or in early 2027. Speaking to reporters on the sidelines of an event, de Claro said the agency is already finalizing the program’s implementing rules. READ: SSS Pension Hike: New pensioners to receive higher benefits starting Sept. Under […]...Keep on reading: SSS eyes residential solar financing
2 hours agoMANILA, Philippines – The Social Security System (SSS) is eyeing a P40-billion allocation for a new energy sustainability loan program that would help members finance the installation of residential solar panels. “Personally, I’m targeting September to announce it. Maybe the implementation might be at the end of this year or early next year. But we’re already […]...Keep on reading: SSS preparing to lend P40B for household solar panels
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