Solar rooftop systems & its substantial benefits!
The shift towards clean, renewable and affordable electricity in India is visible in the rapid proliferation of solar panels mounted on the roofs of homes, farms, buildings, schools, government buildings and businesses.
The Indian government is pushing the agenda of solar energy aggressively, it can be seen in the government’s initiation of the renowned International solar alliance (ISA) & the ambitious ‘One sun, one world, one grid’ project along with many more schemes. In this article we’ll discuss multi-faceted benefits of solar rooftop systems. Read on to find out!
Benefits of solar rooftops!
Solar rooftop model has emerged as one of the most environmentally sustainable and dependable solar power generation models. It has multiple benefits associated with it as discussed below:
#Environmental Benefits
By installing a solar panel in your house or maybe for commercial purposes, you are not only benefiting monetarily, but also reducing your negative ecological footprint, thereby contributing to a sustainable future by reducing the carbon emissions by developing your energy. The dependency on fossil fuels will be minimal along with less pollution and fresh air.
#Tax Benefits & Other Incentives
The solar rooftop systems are put under the 5% tax bracket. It is the most attractive tax rate bracket that the Indian government offers. Even the income generated from solar energy can be exempted from tax for ten consecutive years with some caveats.
#Energy Security & Backup
Climate change has exponentially increased the frequency of extreme weather events such as cyclones, cloud bursts etc. Due to this, there can be a breakdown of electricity supply which can cause huge losses due to stoppage of production units etc. If you have solar panels installed with storage, it will save you from such interruptions & negative externalities.
#Option of Net-Metering
Majority of Indian states offer Net-metering schemes on solar rooftop models wherein the consumer has the option to sell the excess energy to the government. This model, apart from encouraging consumers to be sustainable, also helps them in generating extra income.
#Cost Savings
The rooftop solar model is extremely cost-effective relative to commercial electricity. The rates are cheaper by around 25 percent when compared to discom’s rates. The rooftop solar model is also helpful to the residential sector as it supplies electricity directly to the buildings through the solar panels.
#Suits Indian Climate
With nearly 300 sunny days & clear blue skies, India is blessed with vast solar energy potential. Around 5,000 trillion kWh per year of solar energy falls over India’s land area with most parts receiving 4-7 kWh per sq. m a day. India has one of the best conditions in the whole world for harnessing solar energy.
#No Additional Space Needed
Since the system is installed on the roofs of commercial or residential buildings, they do not require large area or land; thus making it both viable & sustainable.One extra advantage of solar rooftops is that it increases the resale value of buildings!
#Low Maintenance
The rooftop solar model requires extremely low maintenance and other recurring costs, since it does not require any heavy machinery or fuel. The system only requires annual maintenance of modules or the panels and replacement of batteries every 3 to 5 years in case of off-grid systems.
Lastly!
Rooftop solar systems are becoming a popular source of energy generation & with the kind of support it’s receiving from the government, it will exponentially increase in the future. It’s the right time to go solar, save money and the planet with solar rooftop solutions with residential solar and panels for commercial or personal use.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
