Do my solar panels produce power when the sun isn’t shining?
The amount of power your solar energy system can generate is dependent on sunlight. As a result, your solar panels will produce slightly less energy when the weather is cloudy, and no energy at night.However, because of high electricity costs and financial incentives, solar is a smart decision even if you live in a cloudy city.
How much will solar panel maintenance cost ?
Solar panel systems are made of durable tempered glass and require; little to no maintenance for the 35 to 45 years that they will generate power. In most cases, you don’t even need to clean your solar panels regularly. If something does happen, most equipment manufacturers include warranties, although warranty terms depend on the company.
How does solar impact my property values?
Studies have shown that homes with solar energy systems sell for more than homes without them. However, your property value will only increase if you own solar panel system. In most parts of the country, going solar will actually increase your property value more than a kitchen renovation.
What is the cost of installing an on-grid 5kw solar rooftop power generation system?
An On-grid solar power generation system with 5 kW capacity would typically cost between Rs. 50/watt to Rs. 60/watt depending on the brands you choose, the balance of system inclusions and the quality of workmanship. Let’s say you consume 700 units monthly and your 5 kW system generates about 650 units per month, then your bill will be 50 units only.The Return on Investment is in around 5 years. Then you earn for a minimum of 20 years.
My electricity bill is huge, can I do something about it?
Choose an On-Grid solar power system. These systems are designed to work in conjunction with the grid or simply put your electricity supply. The electricity you generate using this system is fed back to the grid. A net meter is installed along with this system to keep track of the electricity consumed by you versus what you generated and fed back to the grid resulting in savings which gets reflected in the bill. But keep in mind that it does not work when the grid is down, so if power back up is your objective, go for an off-grid solar solution.
What size solar system do I need?
Your budget and roof size primarily decide your system size. We will discuss with you about your needs and aspirations to come up with the right system to suit your needs..
Can I go off grid with solar panels?
When you install solar panels on your property, you will still be connected to the grid. This allows you to draw from the grid when your system is not producing all of the power that you need, and send power back to the grid when you produce more than you use. It is possible to go off the grid with a solar energy system that includes battery storage, but it will cost significantly more and is usually unnecessary for the majority of homeowners.
Should I still pay electricity bill if I go solar?
Unless your solar energy system includes battery storage and you are fully off the grid, you will still receive a bill from your utility. However, you can dramatically reduce your bill, or even cut the amount you owe to ₹0, with a solar panel system that matches your energy use.
What are the financial benefits of solar energy?
When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future. How much you can save depends on the utility rates and solar policies in your area, but going solar is a smart investment regardless of where you live.
How long does it take to pay off my initial investment?
Depending on the capacity of the solar panel system you choose and the amount of rebates available, it usually pays for itself in as little as 3 years to a maximum of 5 years.