Installing solar panels is worth it as it helps reduce your monthly electricity bill. However, cutting off your power completely from the grid is not recommended. Cutting off entirely from the grid will require you to have storage batteries; batteries need to be replaced every four-five years plus maintenance – Making it a costly affair.
So, are solar panels worth it in India? Let us find out in this article. It discusses everything from its advantages to its installation cost.
What Makes the Installment of Solar Panels Worth it?
Solar energy is one of the most durable and reliable means of energy. It is a great energy source for small homes and industries. One can capitalize on its benefits through great energy and money-saving opportunities.
And the way technology is changing and advancing every day; we may see solar panels becoming a mainstream part of the energy consumption community replacing conventional non-renewable resources.
In a country like India, there is tremendous scope for solar energy generation. Investments in solar panels provide several advantages to homeowners making it worth installing, which includes monetary benefits to environment-friendly solutions.
What are the Advantages of Solar Panels?
Installing solar panels means inviting several benefits. Some of its advantages include the following:
- Suitable for Indian climate
- It reduces the electricity bill
- Provides insurance against increasing energy costs
- Low-cost maintenance
- Return on investment, unlike paying utility bills
- Environmental friendly
- It can be installed virtually anywhere
When Should I Install or Not Install Solar Panels on My Home?
If you meet the following criteria, a solar installment is a good investment for you:
- Receives plenty of sunlight
- Your roof has proper space
- High electricity bills
Solar investment is not a good investment for you if:
- There is no ample sunlight
- Roof is steeper
- Ineligible for incentives and rebates
How Much does the Solar Panel Installation Cost?
The cost of solar installation depends on the type of installation, solar panels, and equipment. In India, it usually ranges between Rs. 40,000 to Rs. 6,00,000, which may seem costly initially. Still, it is worth it in the long run as it saves money by cutting electricity bills and reducing carbon footprints.
You should set a budget before installing a rooftop solar panel and shall choose the equipment that caters to your needs.
Overall, installing a solar panel is worth it as it provides several advantages. You can contribute to green energy and sustainability by opting for a solar panel.
If you are planning to install a solar panel in the near future, get in touch with us to get an all-in-one solution for your solar installation.