The Social Security System is preparing to launch a loan program that will let qualified members borrow up to ₱400,000 to install residential solar panels, with repayment terms stretching up to seven years.
The program, called the Energy Sustainability Loan, is meant to help Filipino households manage rising electricity costs by financing rooftop solar installations instead of requiring the full cost upfront. SSS is eyeing a ₱40 billion allocation for the program, and it aims to support at least 100,000 homes by 2028.
Members will be able to borrow between ₱300,000 and ₱400,000, payable over four to seven years, according to SSS President and CEO Robert Joseph de Claro. The interest rate is expected to be set slightly above the prevailing Treasury bill rate, which currently stands at around 5.5 percent, though SSS has not finalized this figure.
Access to the program will not be open to all members. Only SSS members with a Mandatory Provident Fund account can avail of the loan, which covers those contributing to the regular SSS program with a monthly salary credit above ₱20,000. Application requirements and documentary guidelines have not yet been released.
De Claro confirmed the timeline for the announcement in a statement to reporters. “We are targeting 100,000 households that can avail of this,” he said.
The Government Service Insurance System has likewise signaled plans to roll out its own “green” loan program for solar homes, covering government employees under a separate financing track from the SSS program for private-sector and voluntary members.
SSS is targeting September 2026 for the official program announcement, with implementation expected before the end of 2026 or in early 2027 as the agency finalizes its implementing rules. Tech Pilipinas will publish updated details, including application requirements and confirmed interest rates, once SSS releases them.
