Then you should go with Solar systems. You just need a one-time investment in the life and just have to pay a small amount every year. What you pay every year is not the bill of per month bases but it is extra electricity charges which you use incomplete year.
Importance of Solar System
Hello folks, here we will be telling you the importance, risk, cost, and technology in the solar system. The solar system has become the main resource of electricity not just because of less cost nowadays but also for the reason Govt of Jharkhand provide a small fund to everyone that install Solar system. It is becoming the main business option which is getting its name in the market.
Investment Opportunity
For those who have a business mind, this is a great option to invest in. People who invest in property nowadays investing in solar panels because of low risk and high profit . Solar energy is becoming the highest return giving industry.
Reducing Electricity Bill
If you have a bill on monthly basis then it is different for different units and it is costly for businesses in some states. If you are a lazy person that you forget about the last date of the bill then it is a good option for you. Your bill will only come once a year and that too only meter charges if you haven’t used any electricity.
Power backup
You can install a solar panel as an option of backup. In the case of a power cut, a solar system can be a good option. You can get as much as electricity you need. If you pay for generators then you should go with the solar system as you just need to pay once here.
Solar System Range & Their Output per Day
Solar is getting popular day by day. Every popular places in your locality like schools, offices, hospitals, residential complexes, banks, railways, airports, parking lots, government buildings etc has solar system mounted in your area.  

System Investment*
In lakhs Per Day
(10 hour) Per Month
(30 days) Per year
( 300 days) Return Per year ROI
(Per year)
1kW 1 5 150 1500 10,500 11%
2kW 2 10 300 3000 21,000 11%
3kW 3 15 450 4500 31,500 11%
4kW 4 20 600 6000 42,000 12%
5kW 5 25 750 7500 52,500 12%
10kW 10 50 1500 15000 1,05,000 12%
20kW 15 100 3000 30000 2,10,000 14%
50kW 37.5 250 7500 75000 5,25,000 14%
100kW 50 500 15000 150000 10,50,000 21%

Solar System Subsidy

If you purchase a solar system nowadays then the Indian Govt has a huge discount on Solar systems. You only have to pay 70 percent of what it’s the actual cost is. If you purchase a solar system of 1kW then its cost is 1 lakh but you only have to pay 60 thousand nearby. Approximately 50% of the cost can be saved subsidy of center govt and by advertisements.
However, in India where electricity is a big issue; our govt only provides a 30% subsidy.
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