Learn about residential solar panels in India, including installation process, system cost, government subsidy, savings, and long-term benefits for homes.
Our solar expert is one call away. They will understand your needs and help you to choose best quality products at most affordable rates.
Get In Touch NowMost households experience the same pinch every month the electricity bill is received: Why is this increasing every single month? And it is so as the increase in population, the increase in consumption of energy, and constant increment in the tariffs and charges have made electricity one of the highest monthly bills of the Indian families. That is precisely the reason why more homeowners in current times are currently changing to a Solar Power System. Not only because it is good for the environment, but because it is good long-run financially.
If you ever asked yourself whether attaching a solar panel to homes can indeed save you money when it comes to paying the electricity bill, then this blog is for you. We would like to have a breakdown of it in the simplest, practical, and human manner of doing things.
The Facts about the surging electricity bills.
Electric rates in India are almost going up on a yearly basis. There are huge increases in households that use ACs, geysers, fridges, washing machines, pumps and other routine gadgets even without an increase in their everyday use.
Trying to reduce consumption is the best thing most people do but this does not help much.
The more practical solution? Cut your grid dependence.
It is here that a Solar Power System enters.
The Solar power and how it helps you with your electric power bill.
With the right designed Solar Power System, you can save 70-90 percent of your bill of power based on the level of electricity utilization and the size of the system installed.
The following is how it works in the real life:
When the power is produced by the solar panels in the daytime, your home uses this energy automatically rather than consuming power in the grid. The bigger the amount of sunlight your system receives, the more units you will be saving.
You minimize or do away with units stolen off the grid. Electricity payment is calculated in units used. The solar saves directly those units - it translates to reduced bills.
Net Metering will provide an addition of savings. In case of a grid-connected system that you install, any additional energy produced throughout the day is exported to the grid. The solar credits earned will reflect on your bill by the end of the month.
This causes electricity bills to almost go to zero in most of the states.
The Question of How Much You Can Save?
This is based on three significant factors:
In order to calculate the savings in a fast, precise manner, the majority of people are presently utilizing a solar calculator. It shows:
It is very easy with applications such as Solnce Solar Calculator which is all you need to do is to input the price of your bill, and everything appears immediately before your eyes.
Realizing the Cost vs Savings.
Let’s look at a simple example:
In case your electricity bills are approximately ₹1,00,000 every month.
A business of any type such as factory, warehouse, hotel, school or manufacturing facility can most often have a 30kW to 50kW Solar Power System based on the load attached to it and the amount of daytime power used.
The savings will generally resemble the following:
Monthly savings: ₹70,000–₹85,000
Annual savings: ₹8.5 lakh to ₹10 lakh
Payback period: 2.5–3.5 years
Life span of the system: 25 years (with less than 1 annual maintenance)
At the point where the system will be paid back within approximately 3 years, the business will benefit of more than 20 years of virtually free electricity, which will directly translate into higher profit margins and lower operating costs.
This is the reason why Commercial Solar Panel Systems are among the most commonly chosen investments of CFOs, business owners, and factory heads who want to decrease the electricity bills and to raise the ROI.
All the systems are not universal. The selection of the best one will depend on:
The system is sized appropriately with the appropriate amount of survey done by a professional so that you receive maximum savings.
The system approved by the government is the net metering which enables you to sell the surplus solar energy to the grid and receive bill credits.Without net metering:
With net metering:
This renders it as one of the most significant of the process of solar installation. Solnce supports the customers in the whole approval process to avoid any stresses and confusion.
The worry among many homeowners is maintenance and here the truth is:
Solar panels do not require much maintenance.
That’s it. Clean panels are optimal in their output, that is, maximum solar savings in electricity bills.
Solar Power System ceases being a luxury. It’s becoming a necessity.
It is not just a matter of lowering your electric bills by turning in a lot of appliances or sacrificing your comfort in everyday living. It is accepting more intelligent, greener solutions that are good on you - and your pocketbook.Investing in a Solar Power System gives you:
Starting with the sun with solar calculators and professional assistance from companies such as Solnce, it has never been easier to begin with the sun.
Solar can create one of the best decisions you can make today in case you are sick and tired of unpredictable bills and you want a secure and effective future based on the costs.
Learn about residential solar panels in India, including installation process, system cost, government subsidy, savings, and long-term benefits for homes.
Our solar expert is one call away. They will understand your need and help you choose the best quality products at the most affordable rates.
