Solar Solutions: How Much Can You Save?

Imagine a technology that can power your devices and has long-lasting durability. It also uses unlimited resources. That’s what solar home solutions do. This is not the best part.

You don’t need to draw power from the grid because you run your devices on sunlight. You won’t receive any bills at the end of the month.

Even if you have a mortgage, the amount due will be far less. Are you still not convinced? Here’s how much you can save on a solar home system.

What Can You Save with Solar Solutions

As it stands now, solar electricity is seldom used by itself. A majority of homeowners have a hybrid system in place. This means that part of the power is drawn from the transmission lines, and part is drawn from solar panels. You’ll still receive a bill at month’s end. The real question is how much?

Let’s take an example to illustrate.

Imagine that you have a rooftop solar system with 5kW. Let’s also assume that a 1kW system produces 4 units more than the average daily power. Mathematically, a 5-kW system can produce 20 units/day or 600 units per month. This is 600kWh more than you get from sunlight.

A unit of electricity costs Rs. 5,50 according to the current tariff. 5.50. Practically, 600 solar energy units will cost you Rs. 3,000.

For example, let’s say your monthly bill is Rs. You’ll pay Rs. 3,300 for a monthly bill of Rs. 300. It’s Rs. You’d pay Rs. 4,000. This is for a 5-kW system. You can save even more if you purchase a larger system.

Net metering is even better. You also can earn money by solar power generation through a hybrid connection if your monthly bill is Rs. You can send Rs. You can send 1000 worth of energy to the power grid and receive that money back from the distribution licensee (DISCOM).

You can get paid for any excess energy you produce. You can save money while also earning it.

Genus’s best-in-class Genus Solar Inverter will help you go solar right.

How long before you break even with Solar Solutions

Solar solutions can be a great way to save money, as you might have guessed. There is always a catch. In this instance, it’s the initial cost of installation. You will need to spend a lot to get your solar electricity system up and running.

With an average amount of savings, a 5kW system can break even in just 4-5 years. The government offers subsidies to help you purchase solar systems at a lower price. These subsidies can help you to recover your investment in as little as 2 years.

Other benefits of Solar Solutions

Batteries run on acid. This acid runs out with continual use. You can refill it with water. Many batteries have water level markings that will help you fill them optimally.

Important note: Do not drink regular tap water. They can contain impurities that could damage your battery. For this purpose, it is best to use distilled water. You’ll be able to prolong the life of your inverter batteries.

Keep the Surface of the Battery Clean

Solar products for a home not only have benefits for consumers and utilities, but it also helps to keep the environment cleaner and more sustainable. India’s coal-based energy sources account for the majority of India’s energy generation. Coal is non-renewable, and its processing for power generation releases dangerous elements into the atmosphere.

Solar energy does not use any fossil fuels (sunlight is the only source of this resource), and it produces no harmful emissions. This helps to reduce the carbon footprint.

Wrapping up

You now know how much you could save each month using solar solutions and how long it will take to break even. You can now decide if you need a roof-mounted solar system, depending on how much you have available.

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