How much is it economical to install the solar power system to your house?

Solar panel systems are best installed in heavily populated countries. India is one of the few countries in the world with excellent solar insulation. These qualities make it an ideal location for generating energy with solar power on a domestic scale.

It was recently revealed that India would build the world’s largest solar power facility in the near future. This country is already a pioneer in wind energy generation, and the solar energy business has firmly established itself here, with predictions that it will develop at the speed of light in the next years.

solar power system,

Is solar energy truly beneficial?

The goal of using solar electricity to solve the present energy crisis is a worthy one. When it is extended indiscriminately, however, the other side of solar power emerges. Clearly, solar power generation will become a necessary energy source in the future, yet it is having a negative impact on the environment owing to its fatal flaws.

Furthermore, as a result of the power crisis and the phase-out of nuclear power facilities, the flaws are becoming increasingly apparent.

The rising demand, the need to ramp up needs due to the impact of solar on demand, short-term frequency changes, and local electricity problems are all recent developments underpinning the key renewable integration concerns.

The transformation of India’s power system can be aided by the shift in energy demand from passive consumption to more active engagement by demand sectors. Through unintentional irrigation load shifting, agricultural users already play a significant role in balancing electricity supply and demand.

Furthermore, most residential areas’ feeders are either insufficient or do not meet their needs. As a result, power is highly costly, and many cities face a lot of load-shedding. The average person cannot afford the high-power rates that continue to rise as demand increases and supply decreases.

Installing solar panels appears to be the only possible answer to these issues in such a setting. Because there are so many full sunny days in this area, the concept is quite feasible.

Approximation of an off-grid system for a residential complex

The cost of Cost of solar panels in India, including batteries, ranges from Rs 80,000 to Rs 1,60,000 on average (1-2 KW). Residential rooftop solar panel installation, on the other hand, is eligible for a 30% government subsidy. The requirements of the Income Tax Act also allow for an accelerated depreciation of up to 80%.

However, the cost may increase if more kilo Watts is required. A 10 KW system, for example, might cost you around Rs 7,00,000. An on-grid 10KW system, on the other hand, can cost roughly Rs 4,50,000 implying that the cheapest 1KW system can cost anywhere between Rs 65,000 and Rs 75,000 depending on the quality of the solar panel and inverters used.

But if you want a quality solar panel system from the well known brand then you should approach Loom Solar. Loom Solar has the vast range of solar panels and batteries at the most reasonable price.

All the products for Loom Solar have long warranty. Where solar panels have 25 years of warranty life, the solar batteries can run on their peak for 5 to 6 years without any problem. So, if you are about to invest in solar power system then don’t forget to get the free quote from Loom Solar.

Leave a Comment