On-Grid Solar Systems in India Ensuring Huge Savings on Electricity Bills

Harnessing the power of the Sun, a housing society of the suburbs of Kandivli, Mumbai have reduced their dependence on electricity grid by nearly 60%. They are the residents of Raheja Eternity and they are actively taking part in the global movement of fighting against environmental degradation and reducing their carbon footprint as much as possible. This is a perfect example of transforming our environment by incorporating on-grid solar systems in India.

Whether it is rainwater harvesting, use of solar power, installation of LED bulbs, getting waste water treatment plants or maintaining a green cover, these 230 families have made it clear that they are striving hard to develop a sustainable living environment.

Increased Savings by Minimizing Utility Bills

By taking this step of generating solar power with on-grid solar system in their premises, the residents of the 20-storey building have been successful to minimize their dependence on the electricity grid by almost 60%. The World Environment Day is celebrated in June every year. The residents of this housing society marked this auspicious day by collecting Rs35 lakh to install a 65kW rooftop solar system. The efforts, however, started much before that when all the tube lights of the society were replaced by 650 LED bulbs that substantially reduced the unit consumption.

The society has around 211 panels that generates around 260-280 units of energy per day with on-grid solar systems. The energy consumption of the society is around 863 units per day. And from this 337 units are drawn from the utility grid. This has resulted in saving Rs 2.2 lakh per month and has also reduced the maintenance charges paid by each family by three times.

Every Step Taken Towards Environmental Sustainability

The residents of Raheja Eternity have left no stone unturned towards an eco-friendly living. They have a wastewater treatment plant, a rainwater harvesting system with a huge storage tank. In their lawns and terrace, they have been nurturing 20 mango saplings to make their surroundings better. Once these saplings grow to a desired size, they are planted in the Sanjay Gandhi National Park.

The society has also aimed to install sensor systems to ensure that the lights will switch on only when someone passes by the sensor. This move, which is scheduled to take place within a month will also enhance the life of bulbs by nine times.

The residents want to tap and exploit every opportunity available that has a positive environmental impact. They have also planned to get two automated composting machines that can convert kitchen waste into compost in merely three days.

Setting a Perfect Example for Everyone

The residents of Raheja Eternity are setting the perfect example for all the other housing societies. It has been observed that other societies have taken up similar projects and more and more residents are now willing to join the green wave by adopting on-grid solar solutions. The government must not be worried since much of the load from their shoulders are been shared by the common people. This is one area that demands people to take care of all the aspects of the environment for a better living in a cleaner world.

Transforming Sunshine into Savings with On-Grid PV Solar Solutions

Transforming Sunshine into Savings with On-Grid PV Solar Solutions

No matter how discontented one is of the present, the truth is running a successful business, now or then, has always been a challenge. Despite ensuring the quality of the services and products to be high, businesses also strive to stand out from their competitors. And why not? If being distinctive in some way helps to gain the upper hand, one should not shy away from exploiting it. On-grid PV Solar Solutions, if utilized well, can reap tremendous benefits for businesses.

A Small Step Towards Solar, A Giant Leap Towards Sustainability

If we ask, what is the first thing that comes to your mind when you see solar panels on a rooftop or ground-mounted racking? I am sure most of you would speak highly of the asset owner for taking an environment friendly step. A responsible step with forward thinking, in addition to being appreciated, is also emulated. This is how an eco-friendly gesture inspires others to become more and more conscious ultimately transforming the earth into a cleaner and greener planet.

Net Metering and Profit with On-Grid PV Solar

Talk about the benefits availed by a business, and the first thing that comes to everyone’s mind is cost. Something that offers quality and is cost-effective at the same time is, to a business, like a mouthwatering delicacy to a gourmet! With on-grid PV solar, you can save a lot on electricity bills. Since the price of power would be fixed for 25 years, one can save oneself from the surging of utility bills with time. If your rooftop or ground-mounted solar is on-grid, and if you are producing excess power than what is required, you can opt for net metering and get compensated. If your business is heavily dependent upon higher supply of power, going solar with on-grid solutions is a better option. By investing into a grid-tied solar system, your business can avail accelerated depreciation benefits which would help reduce your tax liability.

Cost-Effective Aspects Driving You Towards On-grid PV Solar

Sometimes, going solar seems daunting at the speculative thought of higher price of equipment and gadgetry involved. Truth, not speculation, is real. Solar energy has achieved grid-parity with cost per unit being much lower than coal or thermal power. The cost of panels and inverters have come down. Add several financial schemes to it, and you will realize that finances are the last thing to keep you away from solar.

Summing it Up

On-grid rooftop solar solution and ground-mounted solar systems have found acceptance everywhere, and people from all walks of life can benefit from it. Businesses, especially small to medium-sized are more likely to find tremendous value in going solar with on-grid solutions.

How Businesses Can Harness the Power of On-Grid Solar

For the betterment of our environment, solar energy is one of the most popular forms of renewable energy. We all know how detrimental are traditional energy production methods that typically involve burning coal, gas, or oil. People are now choosing solar energy due to the abundant availability of sunlight making it a viable choice of powering their lives. In addition to being efficient, it helps to keep up with the efforts mitigating the effects of climatic change.
While adopting solar energy, do keep in mind that it comes in 3 different kinds: On-Grid, Off-Grid, and Hybrid. Before choosing the right technology, you must thoroughly consider your requirements. In this article, we are going to discuss about on-grid solar solutions.

Driving Welfare for the Masses

An on-grid solar energy system connects with the utility grid to provide economic returns on investment by offsetting some or all your power usage. There are some utilities that provide income through renewable energy certificate (REC) incentive program. An array of solar photovoltaic (PV) panels converts energy from sunlight to produce DC electricity, and an inverter then converts the DC into AC to power your electrical panel. When the solar power system produces electricity, it either slows down your billing meter or spins it in the reverse direction. The electricity usage not met by the solar power is compensated by the utility and the net amount is billed. This process is called Net Metering.

Sizing and installing an on-grid solar power system is based on the asset and the premises. EPC (Engineering, procurement, and construction) providers based upon your usage over a fixed course of time, study several other properties, such as specific usage profile for each month, your budget, and the space that is available for mounting the solar array.

Perks for Businesses

When we look at the annual electrical usage, we find that the solar systems are typically sized to offset most of the electricity from the utility grid, but not all of it. For the maximum ROI, an amalgamation of solar fraction, utility rate structure, the utility and tax benefits, all come into play together. For added benefits, some people also incorporate solar panels of their on-grid system into shade structures, such as solar awnings and car ports.

Considering ROI, for businesses there is an exemption due to tax credits and accelerated depreciation. Also, the paybacks are for around 10 years until the advantage is taken of the incentives. In that case, consumers can obtain their own conventional financing, or opt for the funding through Power Purchase Agreement (PPA) or equipment leasing companies.

On-Grid Solar Power System: Placing India Right on the Solar Track

On-Grid Solar Power System: Placing India Right on the Solar Track

Solar PV technology to generate electricity from solar energy is gaining momentum, slowly but steadily. This progress has been slow due to the deprivation of economic feasibility for the Indian populace. But recent developments testify the productivity of going solar. There is a considerable drop in the prices of the solar PVs. Besides, the Government of India has implemented some significant policies conducive for the promotion and dissemination of solar PV technology. The use of solar energy, a free renewable resource that saves electricity bills and increases the green footprint, is an alternative worthy of choice.

An On-Grid Solar Power System or grid-connected PV power system is an electricity generating system that is connected to the utility grid. The benefits that it offers can succinctly unravel the intricacies of going solar that has since so long plagued the minds of the people. All that is needed is proper implementation strategies. When there is a shortage or no generation of electricity, an on-grid solar power system comes handy. Even when electricity is produced in excess compared to the requirement, the excess energy can be sold back to the utility grid. A meter connected to the solar PV system tracks the energy difference and the profit that you make.

Gross metering facilitates the entire energy generated by the on-grid system to be fed back directly into the utility grid. The owner of the on-grid system with gross metering reaps benefits based upon the feed-in tariffs directly proportional to the energy that is fed back to the utility grid.

Net Metering tracks the net energy which is the result of both selling the generated energy to the utility supplier and buying the energy from them. This can be achieved utilizing 1 or 2 meters, as per the rules of the state, which facilitates recording both the buying and the selling of electricity. When an excess of energy is generated by the on-grid solar power system, it is sold back rather than being stored using a battery. Apart from this, there are times when there is a dearth of sunshine—on a rainy day or during the night. In such cases, when there is a deficit in the power generated by the system, power is drawn from the grid. Based on the amount of electricity drawn or sold back to the utility, the supplier charges the user or gives credit or pays the requisite amount. Different states have different policies and directives based on which the incentives and charges may vary somewhat.

An on-grid solar power system grants financial benefits to the asset-owners and makes them independent of the cumbersome and costly batteries. These reasons are good enough to extend the adoption of solar solutions by the citizenry, and make the dream of clean and green future come true.