Solar Power is essential in a world steeped in Fossil Fuel usage. One of the cornerstones of “Sustainable Development” is altering our energy use. Gradually, India must move away from using coal and hydro power plants and onto Solar and Wind energy. The usage of renewable makes sense not just from a societal perspective but also from the point of view of personal finances. Electricity generation from Fossil Fuels is only going to get more expensive. Meanwhile producing electricity from Solar Power is getting cheaper by the day. So with this in mind comes a pivotal question, does it make sense to install a Solar Panel on the roof of your house?
For starters, there are millions of Indians who have currently installed Solar Panels on their property. In 2016, Indian rooftop solar surpasses the 1 GW mark showing 113% growth over 2015. In 2017, this sector added nearly 863.92 MW of solar capacity, reaching ~2.1 GW capacity. Statistics show that capacity additions in the Rooftop sector in India has increased from 72 MW to 227 MW capacity per year since 2013. And the current growth rate is estimated to lead the Indian rooftop solar sector to become a 3 GW per annum market by 2020.
So perhaps there is some merit to it all. But does it make sense for you in particular? Well, there are a few questions you can ask yourself to find out.
Will installing Solar Panels save me money?
Answer: Yes, in the long term installing Solar Panels will certainly save you money. By connecting your solar energy generation plant to the grid, you can send the excess energy back to the grid, thus reducing your energy bills and getting return on your investment in the rooftop solar plant.
Will my roof even support a Solar Panel?
Answer: You will need to check and make sure that your roof is capable of taking the load of the solar PV modules. Firstly, you’ll need to know how many panels are required on your roof to generate the necessary amount of energy. Secondly, you would have to figure out how much they weigh. While Solar Panels in general aren’t that heavy and the mounting structure is made up of lightweight material, you’d want to make sure you are completely informed. You can get these details by calling up PowerOne, and we’d help you with it.
What sort of Solar makes sense?
Answer: The two dominant solar technologies to pick from are photovoltaic, which uses arrays of cells to turn sunlight into electricity, and thermal, which uses sunlight to heat water or air for use inside. If your home uses a lot of energy for heating, or you live somewhere where heating fuel is expensive relative to electricity, a solar thermal investment could break even sooner.
Does my local climate and duration of sunlight make a difference?
Answer: Not entirely, Solar energy can be generated in all sorts of extreme climates, from rainy areas such as Bangalore, to extremely hot locations such as Ahmedabad. However, if you live in a rainy and cloudy city, you might want to opt for High Efficiency Solar Panels. High-efficiency solar panels convert direct and indirect sunlight into electricity, so they work even on cloudy days. You can use PowerOne’s consultation services to get a better idea which Solar Panel is ideal for you.
Is it worth the major investment it comes with?
Answer: Absolutely! Solar Energy is the future of electricity everywhere. Coal and Hydro electricity is only going to get more expensive and less reliable. Perhaps the initial costs seem too high, but Solar Panel Systems tend to pay for themselves within a few years. Which makes them one of the most valued additions you could make to your house.
The country is heading towards a Solar revolution, and the government is making it easy for individuals to invest in the future. All of the states in India have announced their net-metering policies, which will help you in getting up your solar installation and connecting it with the grid. The pros of installing a Solar Panel on your house outweigh the cons. So go ahead and install that Solar Panel. It’s the right step for all of our futures!
If you’d like to consult with PowerOne Micro Systems, whether an Off-Grid Solar Plant is ideal for your house, click here.