When you have the sun to power your home, why would you rely on grid-produced electricity? Solar energy is becoming the leading source of energy in India. It is sustainable, present in abundance, and saves you money in the long run. There is no good enough reason why you would not consider adding a solar system to your home, or a commercial or industrial unit for that matter. The high solar system price might be bothersome for some customers, but it shouldn’t be for a number of reasons.
We’ll be telling you why:
Consider Solar System Price as a Future Investment
The choices you make today affect your future as well. A high solar inverter price might seem like a big investment as of now, but it won’t be if you see the bigger picture.
We do not only mean the coming 4-5 years but the next 25-30 years. A solar system can last decades if you buy it from reliable brands like Luminous. By investing in a solar system, you would be investing in your power consumption for the coming years.
It is an Investment that Can Help you Save Money in the Long Run
Now that our energy demands are increasing and electricity costs are skyrocketing, the only way to save yourself from a heavy electricity bill is to opt for another source of energy – in this context, solar energy.
Solar energy can reduce your dependence and consumption of electricity produced by the grid that you pay for, thereby reducing your monthly electricity bills. You can use Luminous’ Solar Calculator to calculate how much money you can save by switching to solar energy.
You can also get compensation offered by the government. The Government of India has introduced a subsidy scheme and other incentives to encourage people to add solar systems to their homes. This includes a payment of Rs 2 per unit of electricity generated by the customers. In addition to this, individuals can sell the surplus electricity produced to receive a regulated cost per unit as per tariffs defined by the government.
It’s a One-Time Investment:
The installation costs of a solar system might be high, but it’s a one-time investment, given that a solar system can last for 20-30 years. In addition to that, a solar system doesn’t require frequent maintenance, freeing you from any maintenance cost.
Installation costs of a Solar System can be Drastically Reduced:
Much to the relief of many customers, you can significantly reduce the installation costs of a solar system by enjoying the incentives offered by the Government of India.
As per the Ministry of New and Renewable Energy, the Central Government will pay 30% of the installation cost for a rooftop PV system. This incentive applies in states that fall in the general category. As for states that lie in the special category, a subsidy of up to 70% of the installation cost is offered. These states include Uttarakhand, Himachal Pradesh, Sikkim, Lakshadweep and Jammu & Kashmir.
By now, we hope that we have managed to convince you why you shouldn’t be bothered about the solar system price. The solar system price might be high, but it’s worth the investment you make for a number of reasons we listed above.
Having said that, you must be careful with your selection. Make it a rule to buy a solar system from the best brands.
Luminous is India’s leading brand for solar products and other electrical solutions. You can go through their range of solar systems and make your selection.