Why Go for Solar Rooftop System?
1. First and foremost – by investing in a Solar PV Product now, you can hedge utility prices – fix electricity rate @ Rs. 2.20/- per kWh for 25 years. With a solar panel system, you’ll generate free power for your system’s entire 25+ year lifecycle. Even if you don’t produce 100 percent of the energy you consume, solar will reduce your utility bills and you’ll still save a lot of money.
2. The cost of solar power generation is drastically reducing so will your electricity bills, as it is prepared after adjusting import and export of power.
3. If you’re a in a business or homeowner with fluctuating cash flow, going solar also helps you better forecast and manage your expenses.
4. Improving the environment and cutting energy costs are the most common.
5. Many people are aware that solar is a great home efficiency upgrade and are eager to reduce their carbon footprint while also improving property value.
6. They provide a great return on your investment almost about 25 to 30 per cent for residential and 30 to 50 per cent depending on project size and geographical area.
7. Almost zero maintenance, fuel-free and above all is Affordable and reliable
8. Easy to install and requires simple wiring system.
9. MNRE, GOI provides 30% subsidy on installation of Rooftop solar power plants in domestic sector and non- profit making institutions.
10. Reduction in payback period after availing Generation Based Incentive (GBI).