RODEL R.

ALMEREZ
BSBA-MM3 SET-B SUNDAY
Concept Paper

Title: Evaluating the Feasibility and Market Opportunities of a Solar Powered Street
Lighting Enterprise in Barangay Concepcion: A Strategy for Improving Community
Safety and Access to Energy

Introduction:

Barangay Concepcion, like many rural communities, faces challenges related to

inadequate street lighting and limited access to reliable energy sources. These
challenges not only affect community safety but also hinder economic activities and
overall quality of life. To address these issues, we propose the evaluation of the
feasibility and market opportunities of establishing a solar-powered street lighting
enterprise in Barangay Concepcion. This initiative aims to enhance community
safety and provide sustainable energy solutions.

Objective:

The primary objective of this concept paper is to outline the key components of a
feasibility study and market analysis for a solar-powered street lighting enterprise in
Barangay Concepcion. This study seeks to determine the viability of the proposed
business, including technical, environmental, and social aspects.

Methodology:

 Technical Feasibility:
 Assess the technical requirements for installing solar-powered street
lighting systems.
 Evaluate the suitability of solar resources in Barangay Concepcion.
 Estimate the initial investment, maintenance, and operational costs.

 Market Analysis:
 Identify the demand for street lighting services within the community.
 Analyze the potential market size and growth opportunities.
 Understand the preferences and affordability of potential customers.

 Environmental Impact:
 Assess the environmental benefits, including reduced carbon
emissions and energy conservation.
 Consider the ecological impact of solar panel production and disposal.

 Social Benefits:
 Investigate the potential positive social impacts, such as improved
community safety, extended hours for community activities, and
reduced energy cost for residents.
RODEL R. ALMEREZ
BSBA-MM3 SET-B SUNDAY
Expected Outcomes:

The completion of this feasibility study and market analysis will provide valuable
insights into the viability of establishing a solar-powered street lighting enterprise in
Barangay Concepcion. The outcomes may include:

 A comprehensive understanding of the technical and financial aspects of the

business.
 Insights into the market demand and potential customer base.
 An assessment of the environmental and social benefits of the enterprise.
 Recommendations for business models, financing options, and
implementation strategies.

Conclusion:

The establishment of a solar-powered street lighting enterprise in Barangay

Concepcion has the potential to address critical issues related to community safety
and energy access while contributing to environmental sustainability. This concept
paper outlines the initial steps towards conducting a thorough feasibility study and
market analysis to assess the viability of such an enterprise. The findings from this
research will guide decision makers and empower the community to pursue a
brighter, safer and more sustainable future.