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What are the benefits of Installing Solar?
Installing solar panels can offer numerous benefits, both for individuals and the environment. Here are 10 advantages of installing solar panels:
- Reduced Energy Bills: Solar panels generate electricity from sunlight, reducing your reliance on grid electricity and lowering your monthly energy bills.
- Energy Independence: By generating your own electricity, you become less dependent on external energy sources, which can protect you from energy price fluctuations.
- Environmental Benefits: Solar energy is a clean and renewable energy source, producing no greenhouse gas emissions or air pollutants, which helps combat climate change and air pollution.
- Low Operating Costs: Solar panels have minimal operating and maintenance costs. They require occasional cleaning and inspection, but there are no fuel or ongoing expenses.
- Return on Investment (ROI): Solar panel installations typically provide a strong ROI over time, as they can pay for themselves through energy savings and potential incentives or tax credits.
- Incentives and Tax Credits: Many governments and local authorities offer incentives, rebates, and tax credits to encourage solar panel installations, making the initial investment more affordable.
- Increased Property Value: Homes with solar panel systems tend to have higher property values, making them more attractive to potential buyers if you decide to sell your home.
- Energy Storage: Some solar installations include battery storage options, allowing you to store excess energy for use during cloudy days or at night, further reducing your reliance on the grid.
- Job Creation: The solar industry creates jobs in manufacturing, installation, maintenance, and research and development, contributing to economic growth.
- Reduced Carbon Footprint: By using solar energy, you help reduce your carbon footprint and promote a more sustainable and environmentally friendly energy source.
These benefits make solar panel installations an attractive option for individuals and businesses looking to save money, reduce their environmental impact, and contribute to a more sustainable energy future.
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The Indian government had been implementing various subsidies and incentives to promote the adoption of rooftop solar installations in various Indian States. Each state have their own Scheme to promote rooftop Solar with central Subsidy.
How to get Solar Subsidy? – A complete Guide
Kerala receives abundant sunlight throughout the year due to its tropical climate. Solar energy has been harnessed through the installation of solar panels on rooftops, open spaces, and even water bodies. Both grid-connected solar power plants and off-grid solar systems are prevalent in the state. The Kerala State Electricity Board (KSEB) has been implementing various solar projects, promoting solar power adoption among residential, commercial, and industrial sectors. KSEBL Soura Phase II Subsidy scheme is a scheme with 40% Central (MNRE) Subsidy for Solar. This Subsidy scheme is only available for Residential Consumers and is applicable to Grid connected plants (On Grid Plant) only.
What is Solar plant Size and Cost?
The size and cost of a solar power system for a typical Indian home can vary based on factors such as energy consumption, location, available sunlight, and the specific components used.
Size of Solar Plant
The size of a solar power system is typically measured in kilowatts (kW) or megawatts (MW). For a typical Indian home, a residential solar power system might range from 1 kW to 10 kW, depending on your energy needs.
MNRE Subsidy of 40% is available under KSEBL Soura Phase II program and is available for 2KW to 10 KW Solar Plants. Only new Solar Plants registered under the scheme is eligible for MNRE Subsidy.
To know the size and cost of the Solar plant that suits your home, please refer the table below.
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How much Roof area needed to fix Solar Panels?
The amount of roof area required to install solar panels depends on several factors, including the power output of the panels, their efficiency, the angle and orientation of the roof. In Kerala Solar panels are fixed in shade free area with orientation towards South. 1 KWp of Solar panels requires 100 Square feet. For eg: 3 KWp Solar plant need 300 Sqft area.
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What is KSEBL Soura Subsidy Scheme?
In 2020 Central Government/ MNRE has allocated 200MW of under KSEBL SOURA Phase II Subsidy Scheme. In that 200MW, KSEBL has completed 130MW and the remaining capacity is approximately 70MW. The deadline to complete the remaining Capacity is 23rd September 2023.
What is MNRE Subsidy for On Grid Solar Power Plants?
The Government of India through the Ministry of New & Renewable Energy (MNRE) provides Central Financial Assistance (CFA)/ Subsidy for residential consumers only. The Subsidy/ CFA is given as a percentage of the Bench mark price set by MNRE for On Grid Solar Power plants. Subsidy for various capacities is as given below.
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What is the Typical Solar Power Plant for Residential homes?
A typical Residential building in Kerala, normally the Bi Monthly Electricity Bill rages from Rs 360 to 480 units. A 3 KW Solar Power Plant is sufficient to offset the electricity bill.
Total Cost of a 3 KWp capacity plant
System cost : 190500 /-
Subsidy : 43764 /-
Amount payable : 146736 /-
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Frequently Asked Questions
- What is the benefit of installing Solar Plant?
By installing Solar panels on your unused rooftop, you are generating your own GREEN power. Your electricity bill is offset (Net metering) with your Solar power. You don’t have to pay any more electricity bills. You are insulated from frequent electricity rate increase.
- Can I install Solar on my Roof?
Yes, you can install Solar on any roof. It can be flat concrete roof, Slanted roof, Tiled Roof, Sheeted Roof and all kinds of roof. The rate given for Solar is always for Flat Concrete roof. For individual customization of the roof for slant, tiled, sheet roofs, the customization charges will be extra.
- What is the cost of Solar plant?
The cost of the Solar plant depends on the size of the Solar Plant. Usually, the Solar plants are sized in Kilo Watts (KW). A 3KWp solar plant cost 2 to 2.25 lakhs and a 5KWp solar plant cost 3 to 3.25 lakhs.
- How much units can I produce from a Solar Plant?
Solar plants generally in Kerala produces 3 to 4 units per day per KW. So a 3 KW plant can produce 9 to 12 units per day and a 5 KW plant can produce 15 to 20 units per day. The unit generation will depend on the climatic conditions and power outages during the period.
- Do I need to pay electricity bill after installing Solar Plant?
You do not have to pay the energy charges after you have installed your Solar plant and its working. You need to pay only the fixed charges, which is typically Rs 80/- to 120/- bi-monthly.
- How can I get Subsidy for my Solar Plant?
You need to enroll in the Subsidy Scheme that are available at the time of installing the Solar Plant. Alternatively, you can also contact us by clicking the button below. We can help you out with getting your Solar Subsidy
- Which brand Solar plant you have?
We install Solar Power Plants in the Brand name of SOLARTECH. We are a 11 years old company in the Renewable energy sector. We have installed over 5000 Solar plants across Kerala and is the No. 1 Solar EPC company in Kerala with over 25000 customers across Kerala.
- What are the types of Solar Panels and what is the difference?
Solar panels are available with different Technology.
PolyCrystalline Solar panels are available in the range of 325 to 335 Wp.
Monperc Half cut Solar panels are available in the range of 530 to 545 Wp
Monoperc Half cut Bifacial panels are available in the range of 535 to 550 Wp and has chance to produce more due the capturing the reflected rays from underneath.
- What is the warranty of the Solar Plant?
Normally the Solar panels has 10 years defect warranty and 25 years performance warranty.
- Do you have office in our area?
Presently we have our direct offices in Trivandrum, Kollam, Ernakulam, Thrissur and Kozhikode. We have our representatives in all the districts of Kerala. We are in the process of establishing our direct offices in all districts of Kerala.
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