Almost all household appliances like grinders, TV, air conditioners, refrigerators, etc. need electricity for their operation. All of these appliances and other electrical gadgets consume lots of electricity, supplied by the distributed companies. On top of that, the power cost is rising constantly, making people switch towards cost-effective power solutions. Solar systems are often the most reliable methods to lower the electric bill. These innovative systems can drop the electric bill by fixing your electricity costs at a low rate without making any severe reduction in energy usage.
In this blog post, you’ll discover how to use advanced solar systems to lower your electricity bill and start saving your valuable money.
Solar Energy – The Free Source of Electricity
Sun is the main source of energy available in abundance to produce electricity enough to meet domestic electricity needs as well as international power requirements. Using solar solutions for homes and businesses is an excellent way to get sustainable and green energy, emitting no harmful gases during power production and usage.
Putting this renewable form of energy into use save mother earth and opens the gate of multiple benefits. For example, constant supply of green energy throughout the day, night, cloudy days, and all year round; employment opportunities; environmental benefits; and low maintenance.
The rising climate challenges like global warming and increasing electricity cost is making more people realize the positive aspects of using solar panel. Campaigns by governmental agencies, subsidies, and tax incentives from the government are resulting in the increased adoption of solar systems.
The increasing awareness and adoption of solar solutions are resulting in the emergence of many solar system manufacturers and installers. Purchase a system from trusted and approved manufacturers only to get a good quality solar power system that provides satisfactory service while fulfilling all your power requirements.
High Rise in Electricity Bill
Many households, especially lower and middle-class people are struggling with upsetting electricity charges. Since the consumption, generation, and transmission charges are rising, power distribution companies are also increasing electricity tariffs. Most of the distributed companies (DISCOMS) charge power based on the whole electricity usage by a specific homeowner. Thus, the more power usage, the higher the cost per unit of current.
Whenever you will cross from one slab to another, you will have to pay something extra than usual. To reduce the power cost, you may need to control your power consumption which is difficult in today’s world as most household appliances run using electricity.
Power production is directly dependent on the availability of resources used. So, the quantity of generated electricity also differs. Hydroelectric projects are highly dependent on monsoons. Areas having less rain will have more power deficit. That specific state will need to purchase electricity from the central pool in exchange for higher costs or institute load-shedding measures to fulfill the rising power requirements.
Solar Power System – The Best Approach to Cut Electricity Bill
Solar power, a freely available power source produces energy by converting sunlight into electricity, and is available in huge quantity. India is located in a geographical area in a way that it gets ample sunlight for approximately 300 days with no dark sky.
In tropical climatic situations, it is available 365 days a year with no obstructions. Thus, household users are able to enjoy great cost saving through solar power available throughout the year, day and night even in cloudy, rainy, and snowy areas. There is no stress of load shedding, rise in power cost, and power shutdowns or blackouts with solar power system installation at home.
The homeowners having premium rooftop solar panels installed on their rooftops produce power that meets their electricity needs and sell excess power back to the grid. The saved money can be used for other important purposes. Household users can run different sorts of home appliances and other electrical gadgets with no more stress of higher electricity consumption and their charges.
How Much Do Solar Systems Cut Electricity Bills In India?
Installing a 5 kW solar system on the rooftop of a home can eliminate monthly electricity costs, which are presently about 3,000. The cost will drop down to 4,000 monthly if the average monthly power bill with solar systems is about 7,000 Indian Rupees. Moreover, if your monthly electricity payment is about 1500 Indian Rupees, installing a rooftop solar panel with a net metering mechanism could help you earn around 1800 each month as revenue from the distribution licensee instead of making the power payment.
The net metering policy allows users to receive payment from the government for any extra electricity produced. This policy is beneficial when you have to sell excess power back to the grid and received payment in exchange for it.
Government Subsidies and Tax Exemption
To encourage the installation of solar systems and the usage of renewable and clean solar energy, the government offers solar subsidies and tax benefits. The amount saved by the government in electrical energy generation could be used for meeting other requirements of common Indian residents. That’s a reason the central and state governments provide multiple tax benefits, rebates, subsidies, and incentives for those installing solar panels on the rooftop of the residential building.
The solar subsidies may differ from one Indian state to another. So, consult your relevant authorities, or installer, or visit the official website of MNRE – Ministry of New and Renewable Energy for further details.
Special Offers and Deals
To earn more business profit and rule over the competitive market, the best rooftop solar system installers in Delhi NCR are providing special deals and offers. Additionally, after-sales services and support are provided to ensure optimal performance throughout the solar system’s lifespan. The installers are providing annual maintenance contracts, operation & maintenance, repair, and replacement services. Thus, household users don’t need to worry about spending on extra maintenance and cleaning expenses.
If you have not installed a solar system at your home yet, go for it now as the government subsidy will reduce in the coming years with more people opting for these systems.