This is Twenty First Century in this fast changing and rapidly moving world cost of any technology is crucial factor to decide whether investment being made on technology will give solution to our problem in most reliable and efficient manner.
I am Keyur Oza and I am Solar consultant catering more than 10 Cities with their Solar needs hence I find myself qualified to answer to one of the hottest question of many how much it really cost to install Solar Rooftop Plant for your Residential building so without a further do let’s start.
As we know pricing of Steel, Aluminium Silicone wafers are constantly changing hence we will talk about recent scenario for pricing. Talking about free Market price for installing Solar roof top system for your House can vary between 72,000 INR to 59,000 INR per kW for Mono Crystline Solar panel with Halfcut and Perc Technology. Prices depend upon No. Panels possible to install on your roof hence you can install between 2 kW to 20 kW Solar Rooftop System depending upon Site.
Now you know the price you must be thinking well how price justify my return on investment? Fair question I will explain you with once scenario for this question.
Let’s say you are going with 10 kW System and it cost you 5,90,000/- and you have saved 1200 Units every month with help of Solar. If your tariff is 8 Rs then you will save 1,15,000/- per year Which means within 5 Years you will get your investment back.
Now let’s compare your investment with Fix Deposit
Investment of 5,90,000/- will give return of 1,68,150/- Return at end of 5 Year (Considering 5.70 ROI)
Hence proved that Investing in Solar is much better than investing in FD in your bank and it can diverse your portfolio as you can use Solar power plant to generate electricity more than 25 Years. Solar is also becoming status symbols among Upper middle class and wealthy people worldwide.
- Environmental Impact
Usig Solar Energy reduce coal/gas based fuel burning hence less carbon footprint for energy which means cleaner and safer environment. - Because we do not have to transfer Electricity from powerplant to house we save transmission losses which means further saving on electricty bills and greener environment.
- Solar System is decentralized and sustainable because it’s life is more than 25 years hence it also impact financially positively and envirnment too.
For More Information Please Contact
Keyur Oza
Founder
Contact No: +91 96671 44817
Email Id: itsme@keyurnoza.in