That sounds funny, we should expand our solar system to include Pluto, right? Ha, what we mean here is to expand our solar power energy system, we need more power!
Our current 10kva system is quite robust and has served us well over the years. With 18 panels, 3 big lithium batteries and a couple generations of inverters and controllers we have gone through we have gained a lot experience and know-how regarding how to build up and manage a complete system for years of completely off-grid renewable and environmentally friendly energy.
Many of the amenities that help give guests a better experience require more power, including everything from air conditioning, hot water, fans, brighter lighting, internet access, ice for cold beverages and more.
The more powerful and reliable our electricity supply the better we can serve them and help meet all the expectations of today’s modern guest.
We need more power as we expand to more units and serve more guests over time, and to better serve our current guests with more power, but we also need upgrades to take into account the slow aging of the lithium batteries in our system which are currently several years old.
They hold their charges well still, but they are diminishing somewhat compared to when they were new. From what we can see, they will still be very useful and valuable for years to come, but as they diminish we need to add more batteries to compensate for them holding less charge as time goes by.
With the addition of complete system packages, we will be able to double up on some components like controllers and inverters, so if one goes down it won’t knock out the power for the whole property and we could still have some electricity generation that could be shared to critical needs while the broken parts are replaced.
We do currently have and use a diesel generator for that role, but it is better to have more redundancy in our preferred solar system regardless to make the likelihood of needing to use the generator even less. This is also important in case the generator itself were to go down and be in need of repair.
The addition to the system of parallel components will also lighten the load and ideally lengthen the lifespan of components in the system.
Depending on when more units are added to the resort, and the ongoing performance of our existing system, we will decide the best course between options at the time of someone choosing to do the solar package between purchasing individual expansion items like lithium batteries individually, or whole major kits.
Further the number of units (not to mention Gazebo and Swimming Pool) that may be occurring for expansion might alter the kind of kits chosen, as if many such energy-intensive units are being constructed we would need to select fewer but heavier duty components.
In the case of our number of units on the property only expanding in a small number and slowly over time, we would be acquiring smaller whole units sets more one-by-one over time.
Welcome to consider a members’ package at Binga Beach to help us succeed and join in that success!
The Solar Member Package covers the cost of one of the most needed parts of our Phase 2 Expansion project, an expansion component (lithium battery, inverters, controllers, panels etc.) that will give Binga Beach a much needed increase in energy capacity and storage to help better server our guests with all the many ameniities like air conditioning, hot water, fans etc. they desire.
Price: $5,750 – 4 Solar System Expansions Available
– Purchase and installation of new expansion components for our existing solar energy system, including lithium batteries, inverters, controllers and more solar panels. Naming rights of the expansion set, your chosen name will be added to the system with a nice plaque/signage.
– 1 week stay per year, with food and beverages included, every year for 4 years. It is transferable, you can let any of your friends or family use it.
– $0.40 for every overnight guest at Binga during the year, paid at the end of the year, every year for 4 years.
– At the end of the 4 year period, the deposited money returned in full, $5,750.
Our lawyers at LMA Law will provide the contract for your review that ensures our obligation to the details offered here, while also protecting you as the potential partner and member from any liabilities of the resort. We will ensure transparency, limited liability, and adherence to the package deal offered. We are open to adjusting the contract we will share to address any concerns.
The structure of our offer is that of a membership arrangement conferring the perks, payouts and guarantees we lay out and limited to those.
Strong! Our company, by choice, financed all of our resort project with our own cash upfront, without any outside loans or debt, neither in the past or currently. We bought our beachfront property outright in cash and own the title outright, and similarly paid upfront for all of our projects like our large solar system, septic system, water system, large units and restaurant building. We are completely self sufficient “off of the grid”, have no debt, and are poised to generate revenue now for years to come.
Good! When we first purchased the property access to it on the existing roads was rather grueling on muddy and bumpy roads, but now there are many new roads and construction, drastically improving access in terms of effort and time required.
Also since that time a new airport opened up nearby in San Vicente, reducing the minimum drive time from an airport from 2 hours from El Nido to 45 minutes.
Further, some major real estate groups have also seen the potential for our area, being in a privileged and prioritized for promotion TIEZA zone, and have bought up many large parcels of land all around us for big tourism developments. Indeed, property values have doubled since the time of our purchase, and a lot of construction and investment is occurring.
Tourism trends post-Covid remain good for Palawan and the Philippines, and we have seen the island rebounding well in the past several years.
For reference, Binga Beach is located 2.5 hours south of Palawan’s main location attraction, El Nido, and is similarly north on the coastal to the other main attractions of San Vicente Long Beach and the backpacker hotspot of Port Barton. Most tourists travel a lot between these two popular towns, and we are a perfectly-positioned stop halfway in the middle.
For our Gold, Silver and Bronze packages, the most important benefits inclusion is the percentage of revenue for each year of the package of the sponsored unit. We will share information directly from our centralized booking engine provider, Sirvoy, where can see the occupancy history on a per-unit basis, and can filter it for any period of time.
Can see an example here, of the occupancy history of one unit, Beachside 1, for the year of 2024:
For reference, Sirvoy is our booking “channel manager” which functions as the central database in between all of our booking engine listings like AirBnB, Booking.com, VRBO, Trip.com our own website direct bookings, walk-ins and more to ensure we don’t accidentally overbook rooms, and it is the authoritative record of guest visits.
We will provide a quarterly progress report showing the occupancy history for the unit you have participated in (and also the whole resort) so you will know what range of payout can be expected. Note that there are big changes in occupancy for different seasons, in the rainy season from June to October we have much fewer guests, but make it for it in the high season from December to May.
For Spring, Mangrove, Solar and Ocean Club members there is a benefit of a certain US dollar amount ($1, $0.8, and $0.4) paid out for every overnight guest that stays at Binga Beach. An overnight guest is a single person staying in a unit for a booked stay for at least one night. A family of 3 staying in a single unit counts as 3 guests, though even if they stay multiple nights the count of them is still 3.
Visitors to Binga that only walk in for information, or a lunch restaurant visit for example do not count as overnight guests.
Just like the occupancy rates mentioned above, the counting of guests is tallied in our booking channel manager, Sirvoy. We will provide the information of the number of guests that have stayed at Binga so far every quarter, and pay the payout at the end of the year of their total at the end of the year.
Can see a filtering for a time period and the count of overnight guests in our Sirvoy system in this example here:
The expectation and history so far is that we have multiple hundreds of overnight guests every year.
As soon as you know what days you (or your friend or family you share your days with) wish to visit Binga, please check to see if they are available by looking at our Booking page here https://bingabeach.com/booking/ which shows live and up to date availability. You may choose any unit for your stay (you are not limited to choosing only the unit you sponsored), and once you see that the dates and unit you want are available, please contact us directly either by email or phone and we will manually set them aside for your stay.
Your 2 weeks do not have to be continuous, i.e. you may use one week plus multiple weekends, for example, and may use different visits for different persons, yourself or friends or family. Further, each visit can include multiple people, as long as they can match within the maximum occupancy of the chosen unit.
In the case of the project costing more, you as the client member will not be asked for any additional contribution. Any extra costs above the projected price will be for Binga Beach Brothers Inc. to cover to ensure the project achieves completion.
Since we have already built several other similar units and projects we are confident in our price estimates for current construction costs.
There are no maintenance, repairs, fees or similar for the unit – all such ongoing costs and upkeep will be covered by Binga Beach Brothers Inc.
Please feel free to reach out to David Le Smith, Partner and Property Manager, with all of your queries:
Email: david@bingabeach.com
Phone: +63 947 444 3597
First Resort in Palawan accredited by the Philippine Retirement Authority
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