Return on investment (ROI) refers to the financial benefits gained from an investment relative to its cost. When it comes to on-grid solar systems for domestic consumers in Kerala, several factors contribute to ROI. Let’s explore them. Cost of the solar system: The initial cost of installing an on-grid solar system includes solar panels, inverters, mounting structures, wiring, and installation charges. The total cost will vary depending on the size of the system and the […]

The Ministry of New and Renewable Energy (MNRE) in India offers a number of subsidies for solar power projects. The amount of subsidy available depends on the project size, location, and other factors. For rooftop solar projects, the MNRE offers central financial assistance (CFA) of 30% of the benchmark cost or the tender cost, whichever is lower. The state government may also offer an additional subsidy. For example, the government of Maharashtra offers a subsidy […]

On-grid solar, also known as grid-tied solar or grid-connected solar, refers to a solar power system which is connected to the local electrical grid. It allows the photovoltaic system to generate electricity and supply it directly to the home or workplace while also being able to draw electricity from the grid when needed. Here’s how an on-grid solar system generally works: Solar Panels: The system consists of solar panels that capture sunlight and convert it […]

Solar panels offer several advantages, which contribute to their growing popularity as a renewable energy source. Here are some key advantages of solar panels: Renewable and sustainable: Solar panels harness energy from the sun, which is an abundant and renewable resource. As long as the sun shines, solar energy will be available, making it a sustainable energy solution. Environmentally Friendly: Solar power is a clean energy source that produces no greenhouse gas emissions during electricity […]