A great way to save lots of money on your electric bill each year is to install solar panels for homes. Solar panels use energy from the sun to power your home. This renewable energy resource will eliminate your home’s electric expenses and also help the environment. Solar panels require a moderate one-time investment; however, they usually pay for themselves in five years or less. Due to their increase in popularity, installation expenses have decreased by 30% in the past few years and the Government provides handsome subsidies for approved projects.
Considering the massive subsidies given to those who purchase solar panels, as well as the amount of money you’ll save in electricity bills, this eco-friendly home improvement is a smart investment. If you live in an older home that needs roof repairs in the near future, it makes financial sense to consider purchasing solar panels for your roof instead of patching and repairing the existing roof. Also, if your roof is south-facing and is fully exposed to the sun (meaning that there are no leafy tree branches overhanging and shading your roof), you will greatly benefit from installing solar panels on your rooftop. The easiest and cheapest solar panel installation is reserved for flat roofs with tar or chip roofing.
Aren’t we all looking for ways to lower our utility bill? By making a small one-time investment in solar panels, you can permanently say good-bye to your electric bill. Other long-term benefits of solar panels include:
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Under the JNNSM off-grid policy, under certain conditions, the MNRE provides subsidies @ Rs. 81/Wp to offset the capital cost of the project. The MNRE recently revised this capital subsidy and benchmark cost of SPV systems on April 1, 2011. Please click, download, and understand your options by from:
So, for a 10 kWp with one-hour battery back-up, the Rs. 27 lakhs capital costs (@ Rs. 270/Watt) will be offset by Rs. 8.1 lakhs or only Rs. 18.9 lakhs (Rs. 270/Watt – Rs. 81/Watt = Rs. 189/Watt) or about a 30% discount.
Solar-Apps will take care of the entire process for you. We will provide you with a free needs assessment and based on your project configuration measured in kWp, we offer a simple fixed-price model in slabs of 20 kWp, 80 kWp, 400 kWp, and 500 kWp.
For projects that meet the minimum criteria set forth by the MNRE, our goal is to hand over the subsidy in two installments within 6-months or your money back. How we do this is through a strategic tie-up with MNRE channel partners that are CRISIL 1A certified. Knowing where your money is coming from as well as the control is always promises to be a less stressful option.
Do you want your home to begin saving and making money for you? If so, consider solar panels for your rooftop. Comparison between VRLA and lithium batteries:
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