PLDT Home exploring combined web, solar offering

STOCK PHOTO | Image by Mohamed Sameeh from Unsplash

PLDT INC., through its residential broadband brand PLDT Home, is exploring partnerships with solar energy firms to supply web and solar energy solutions to customers.

In a media release on Thursday, PLDT Home said it plans to introduce an offering that mixes connectivity with renewable energy systems to assist customers manage rising electricity costs while maintaining high-speed web access.

“If people can have solar panels installed along with the web in a single go, it must be very compelling for our customers, especially those who want to future-proof their homes,” said PLDT Chief Operating Officer Menardo G. Jimenez, Jr.

PLDT said the plan is currently under test marketing and has attracted consumer interest. The corporate added that the proposed offering may allow subscribers to access solar infrastructure through monthly payments spread over several years to scale back upfront installation costs.

“Apart from enabling our customers to upgrade their homes in essentially the most convenient possible way, this also helps PLDT own the entire home, and not only the web portion… We’re excited to announce full details soon,” PLDT Home Head John Y. Palanca said.

Shares in PLDT fell P8, or 0.67%, to shut at P1,184 apiece on Thursday.

Hastings Holdings, Inc., a unit of the PLDT Helpful Trust Fund subsidiary MediaQuest Holdings, Inc., holds a majority stake in BusinessWorld through the Philippine Star Group. — Ashley Erika O. Jose

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