Is Solar Really Worth It in India?
With rising electricity bills and power cuts, many Indians are switching to rooftop solar panels to save money. But how much can you really save? The short answer: Up to 80% on your electricity bill! Plus, with government subsidies and net metering, solar is now more affordable than ever.
How Solar Panels Reduce Electricity Bills in India
India gets ample sunlight throughout the year, making it an ideal place for solar power. Solar panels generate electricity from the sun, so you use less power from the grid, reducing your monthly electricity costs.
For example:
✅ If your monthly electricity bill is ₹3,000, solar can reduce it to ₹500-₹800!
✅ With net metering, you can sell excess electricity back to the grid and earn credits.
Government Subsidies & Net Metering in India
The Indian government offers several schemes to promote solar adoption:
✅ PM Surya Ghar Muft Bijli Yojana – Offers up to ₹78,000 subsidy for residential solar systems.
✅ State-Level Subsidies – Many states like Gujarat, Maharashtra, and Delhi offer extra benefits.
✅ Net Metering – Sell excess solar energy back to your electricity provider and reduce your bill further.
✅ GST Reduction – Solar equipment has only 5% GST, making it cheaper.
Cost vs. Savings: How Much Can You Save?
| Solar System Size | Cost After Subsidy (Approx.) | Monthly Savings | Payback Period |
|---|---|---|---|
| 2 kW | ₹90,000 – ₹1,20,000 | ₹2,000 – ₹3,500 | 4-6 years |
| 3 kW | ₹1,20,000 – ₹1,50,000 | ₹3,500 – ₹5,000 | 3-5 years |
| 5 kW | ₹2,00,000 – ₹2,50,000 | ₹5,500 – ₹8,000 | 3-4 years |
After the payback period, your electricity is nearly free for the next 20+ years!
Real-Life Example: Solar Savings in India
Mr. Sharma from Delhi installed a 3 kW solar system for ₹1,40,000 (after subsidy).
🔹 Before Solar: Monthly electricity bill = ₹4,500
🔹 After Solar: New bill = ₹800
🔹 Annual Savings: ₹44,400 per year
🔹 Lifetime Savings (25 years): ₹11+ lakhs!
How to Calculate Your Solar Savings
Use this simple formula:
📌 (Monthly Savings × 12 months × 25 years) – Total Solar Cost = Total Savings
For example, if you save ₹4,000/month and your solar system costs ₹1.5 lakh, then:
📢 ₹4,000 × 12 × 25 – ₹1,50,000 = ₹11.5 lakh total savings!
Conclusion: Why Now is the Best Time for Solar in India
With low solar prices, government subsidies, and huge electricity savings, now is the best time to switch to rooftop solar panels in India. The investment pays off in just a few years, and after that, you enjoy free electricity for decades!
📞 Want to install solar? Contact us for a free consultation!