Owing to COVID-19 most businesses have resorted to working from home, however, there are businesses where this possibility is very little. Take manufacturing for example. Such businesses are at a standstill. It is an understatement to make that the situation has brought upon us an economic slowdown, unlike ever. Nobody was prepared for this. Unprecedented times, call for unprecedented measures and therefore, your actions today will determine the long term future of your business.

So How Can Solar Help Businesses in This Difficult Time?

It is clear that a number of businesses are going to be impacted in the coming year due to the economic slowdown. In fact, a number of industries have already been taking extreme cost-cutting measures across the globe.

This is where solar energy can play a critical role, as solar can help businesses better manage their operational costs by saving millions every month on the electricity bills. In fact, business owners can control their costs without resorting to measures such as cutting back on work-force or sanctioning pay-cuts, which are some of the most pain-taking measures that companies and industries are being forced to consider.

Solar energy is not an inexpensive investment, and many SMEs and MSMEs in the country may not want to pay the cost of installing a large-scale rooftop solar system, especially with the current economic scenario. Therefore, MYSUN in addition to rooftop solar installation also offers unique solar financing solutions specifically catered towards SMEs/MSMEs and major industries; so as to make solar energy more affordable and accessible for growing businesses.

And while for the time being, we are all busy running our businesses from our homes, this is an opportune time to strategize and plan next steps, while assessing the potential impact solar can have on one’s business in the coming year.

We hope that this global crisis will come to an end soon, and entrepreneurs and business owners alike need to be vigilant for what comes next. And going solar is something that can very well play a beneficial role along the way.

To get an idea of the potential your business has to save with solar, run the MYSUN Solar Calculator and get your personalized solar savings to report in just 10 seconds.

Image Source: commons.wikimedia.org

Chandigarh for the past few years has emerged as a top outsourcing hub and thriving hub for businesses, especially in the IT and higher education space. One of the key reasons for this is the availability of a great business environment and a skilled workforce. Therefore, Chandigarh has evolved as a market with a lot of investor interest with thriving SME and MSMEs. Along with neighbouring cities - Mohali and Panchkula, Chandigarh is looking to become a focal point for upcoming businesses.

It is imperative for businesses and entrepreneurs in Chandigarh to understand the importance of solar energy when it comes to running a profitable business in these modern times. We have written about how corporates and SMEs in Chandigarh can go solar and save millions, but what about the solar savings potential for businesses in the UT?

This is where MYSUN’s Solar Calculator can help, by giving business owners a quick estimation of their business or industry’s savings potential if they go solar, in just 10 seconds.

The Solar Savings Potential of Businesses in Chandigarh:

Let’s take the example of an emerging IT business with its centres based out of IT Park Road, Phase - 1, Manimajra, Chandigarh; having a monthly expenditure of INR 1,00,000 on their power bills which leads to an annual expenditure of up to INR 12,00,000.

Within ten seconds, using this input the MYSUN Solar Calculator tells us about the potential savings of the business centre.

As you can see, by solarizing one commercial building the IT business stands to save INR 56,076 every month, which sums up to a total savings of around 6.7 lacs annually. And that’s just for one commercial establishment, if the IT business were set to solarize four of their commercial properties, they could be potentially looking at annual savings of around 27 lacs, and lifetime savings above 7.6 crores.

Saving such a copious amount of electricity expenditure can lead to great positive results in the long-run for any future business. Given that the lifetime of a Solar Plant is about 25 years, you are basically assured of free power, once your solar system pays back for itself in 3~4 years time. This goes to show that solar is not just necessary for businesses to save money, but also to improve their bottom line and boost long-term profitability.

Business owners and entrepreneurs need to start investing in solar energy as it can have great positive implications for them in the future, and as Chandigarh is set to be the next business hub, going solar in Chandigarh should be a key priority in their business plans.

In what was the longest Union Budget speech in Parliamentary history, there were a number of key announcements in the form of major tax reforms, budget allocations across categories, and a promise of a simplified GST scheme. Amidst all the lukewarm reaction surrounding the income tax reforms, there were some key announcements concerning the renewable energy sector.

In an effort to boost energy generation and the use of renewable energy, the government has expanded the ‘PM Kusum Scheme’ to 20 lac farmers by setting up grid-connected solar farms on barren lands making ‘Annadata an Urjadata’. Carrying out these institutional changes should help reduce the dependence on thermal and other non-renewable resources, and in-turn boost the dependability on renewable energy sources and increase agricultural earnings. The Finance Minister also announced the plans to set up solar power plant on lands parallel to railway tracks that belong to the Government in a bid to increase the installed capacity.

The financial stress that DISCOMs have been facing in the past year has been a major detriment to the industry. The initiative announced by the government to push smart-metering and urging state and union territories to replace and adopt pre-paid smart meters in the next three years, is a good way to encourage DISCOMs to provide better services at competitive prices. The Government admitted to the stress that the DISCOMs are facing and assured to work with the DISCOMs on the same, this may also lead to relaxing the sudden changes to policies in key aspects like Net Metering.

The announcement of the allocation of Rs. 22,000 Crore to the power and renewable energy sectors is all well and good, but the question remains as to where and how will these funds be utilised? Furthermore, finance minister Nirmala Sitharaman announced that Rs. 4,400 Crore will be allocated to climate change management, as air pollution and climate change have only become a greater public health concern in the past year, assuring the Government's commitment to the Paris Agreement.

Amidst all of these revelations, there was little to no mention about the custom duties on imports, and it remains to be seen how the government plans to deal with this issue though there are reports of a 20% Basic Custom Duty on Solar Cell & Module Imports in addition to the safeguard duty. These may lead to price fluctuation.

Update: As per the latest media reports, the 20% custom duty on solar cells and panels has been removed with immediate effect.

The budget also had a very heavy emphasis on MSMEs. It was announced that a new logistics policy will be unveiled soon to make India’s MSME sector more competitive. This scheme should play a crucial role in boosting the country’s dwindling economy and help in the ease of doing business. On the flip-side, the concession in corporate tax for power companies will definitely not benefit many businesses.

And lastly, in regards to the most talked-about issue i.e. the income tax rebate on personal income; its application over time will reveal the benefits and the drawbacks of the new slabs proposed, and how it will be received by the public and the industrial circles.

Conclusion

The longest Budget speech, may already have impacted, for the worse, the health of the FM and the markets, but it did little to encourage people from investing in solar. There is still a lot left to be desired for the solar and renewable industry, as it remains to be seen how the Government will utilize the allocated funds for the industry given the heavy debt that the industry already finds itself in. Thankfully, there are no new subsidies announced and the announcement of a directive to close old Thermal plants may work in the favour of renewables, a lot will depend on the utilisation of the set budget to the power and renewable sector. The concessional tax rate for electrical generation companies and long term reforms are encouraging and we hope that it will ultimately boost the post sector keeping renewables at the heart of out.

In previous articles of this series, we have written about the unique and innovative ways the technology of solar energy has been used across the globe. We have written about how solar energy has been utilized to power boats, space stations, road-ways, and would you know it - even clothes and paint!

There are no limits when it comes to the power of the Sun (it is after all responsible for all life on this blue planet). It can be incredible just how solar energy can be employed in so many different ways to improve our present day-to-day lives, both in terms of productivity and eco-friendliness.

But, what about the future? How will solar play a role in shaping how the future will look like? Well here’s a glimpse into how solar energy could play a key role in bringing back something from our past and make it a big part of our future: Zeppelins.

What Are Zeppelins? A Brief History

Zeppelins are a type of airships, named after the person who pioneered them - Ferdinand Von Zeppelin. Initially, in the late 1800s to the early 1900s, Zeppelins were airships that used hydrogen gas as the main lifting component and were primarily used for commercial purposes such as air travel and transport. Zeppelins were also used extensively in the First World War to carry out aerial bombings.

The most famous and unfortunately in-famous example of the Zeppelin was the LZ 129 Hindenburg, part of the 1937 Hindenburg Disaster that resulted in the deaths of 36 people and eventually banning all use of hydrogen zeppelins and airships across the globe since then.

Zeppelins Today and the Potential of Solar Powered Zeppelins

Zeppelins have come a long way since the early 1900s, as their airship counterparts of today use helium gas (which is non-inflammable compared to hydrogen) and are significantly faster, lighter and fire-free. Today Zeppelins are more of a novelty, as they are rarely seen and used; particularly only seen as part of ad campaigns and sporting events.

However, things might change as Zeppelins could possibly return and be used more frequently in the near future.

As per a recent paper proposed by the International Institute for Applied Systems Analysis in Laxenburg, Austria - Solar-powered Zeppelins could move cargo more efficiently, than traditional ocean-going firefighters, and also produce less pollution in the process. These solar-powered airships are not proposed to be used for passenger service but an environmentally friendly and efficient way to deliver goods around the globe. They would also operate autonomously without a crew.

Aside from this proposal, solar-powered zeppelins are already being put into practical purpose as aeronautical companies in the UK and China, have already been developing solar-powered airships for the purpose of cargo-air transport. In fact, China had already tested its largest Airship that was powered by solar energy, back in 2015 - The Yuanmeng.

MYSUN’s Take

We at MYSUN believe that solar energy, regardless of how it is used, is truly the future, and this is yet another example of how solar energy can play a fundamental role in shaping the future for the better, as solar-powered airship could revolutionise ocean-going and cargo transport and even possibly future air travel; proving a safer and more environmentally friendly form of air transport.

 

If you have been paying attention to the news lately, you would know that ISRO (Indian Space Research Organization) just launched its most ambitious mission yet - Chandrayaan-2.

Chandrayaan-2 is India’s second lunar exploration mission after Chandrayaan-1 that was launched successfully back in 2008. And since then, ISRO had been painstakingly planning Chandrayaan-2 for the past 11 years, and on 22 July 2019 at 14:43 hours (Indian Standard Time), Chandtayaan-2 was launched successfully.

About the Chandrayaan-2 Launch

The launch was initially scheduled for 14 Jul 2019, and although there was a delay due to a technical snag, ISRO bounced back and successfully launched its second lunar mission on 22 July 2019. Chandrayan-2 is expected to enter the moon’s orbit on 20th August 2019 and is planned to land on the lunar surface on 7 September 2019.

If the mission progresses smoothly and a successful landing is carried out on the planned date, India will become only the fourth country to achieve a soft landing on the moon.

The Role of Solar Technology in the Chandrayaan-2 Lunar Mission

The primary objective of Chandrayaan-2 is to demonstrate the ability to soft-land on the moon and operate a robotic rover on the lunar surface while studying the lunar surface and its composition, especially at the Southern Pole. This robotic rover is named Pragyan (translated to ‘wisdom’ in Sanskrit) and will operate on solar power as its equipped with a 50-watt solar panel, that will help operate the vehicle through a sleep/wake-up cycle remotely on the moon’s surface.

But the role of solar doesn't just end there.

How the Chandrayaan-2 Mission Can Help Unlock The Potential of Solar Power on The Moon

The mission’s primary goal is to understand and map the potential of ‘Lunar Water’ near the lunar poles. But aside from understanding the potential sources of water, the lunar south pole is quite possibly the best source of sunlight on the surface, which can lead to future lunar explorers to unlock the potential of a continuous supply of solar power on the moon.

If scientists and explorers can discover the potential of ice water and an endless supply of solar energy on the moon, there is no denying the possibility of humans one-day populating earth’s satellite and building a base for future space exploration.

Here’s hoping that ISRO sees Chandrayaan-2 to success, and helps unlock the mysteries of Earth and Sun’s favorite satellite.

 

Industries in Karnataka

Karnataka is one of the leading industrial states in India, with the fifth highest GDP ranking among all Indian states with a growth of 12.3% in 2018-19. This is a good indicator of the industrial and business potential of the state. The state is the home to several and robust industries in textile, agro, aerospace, heavy engineering, and automobile manufacturing beyond the well known IT industry. As a leading Industrial hub, electricity and power consumption is a necessary and exorbitant expense for the state.

Power Tariff Hike in Karnataka

Recently the Electricity Supply Companies (Escoms) had approached the Karnataka Electricity Regulatory Commission (KERC) with a request to permit hike in the power rates, which has now resulted in the KERC approving an increase of 33 paise per unit in the electricity bills of all electricity supply companies (Escoms) in the state. The five Escoms in Karnataka has cited a hike in tariff ranging from Rs 1 to Rs 1.67 per unit for all categories of consumers. For the domestic consumers in rural areas of Bescom, the fixed charges have been increased from Rs 35 to Rs 45.

Cities such as Bengaluru, Mysuru, Hubli and Mangaluru have reportedly experienced a surge in electricity bills already, and this has led to growing concerns amongst homeowners and business owners alike.

What Does This Mean for Commercial and Industrial Consumers in Karnataka?

While the electricity bills of the households will go up, the ones who will suffer the most will be the Industrial and Commercial Sector who lie in the highest bracket of consumption. For LT (low tension) commercial category users, the increase in tariff is 25 paise per unit. For HT (high tension) commercial users, in all other areas of other ESCOMs, the increase in tariff is 20 paise per unit. These tariff hikes for Industries in the state largely mean one thing: grid power/electricity is only going to become more expensive, and this surge in electricity expenditure is going to have an impact on the balance sheets of businesses and industries.

Why Businesses and Industries should Go Solar in Karnataka?

Karnataka is the leading state in cumulative solar installations with a total of 5 GW. The state is the home to 24 per cent of the total installed solar capacity in the country. However, there has been a minor setback when it comes to utility-scale solar projects, as the KERC has put restrictions on large scale solar projects over the financial health of the state’s discoms.

Rooftop solar remains a very viable and profitable option for businesses and industries in the state. You can estimate your businesses’ potential savings by running the MYSUN Solar Calculator.  

Let’s take an example of a machinery manufacturing unit, based out of Electronic city in Bengaluru, paying an average electricity bill of 5,00,000 INR lac per month. As you can see below in the illustration, there is an estimated 85% saving and a 36.5% ROI per annum, if the business owner decided to install a 350 kW rooftop solar system.

 

At MYSUN we offer end to end solar solutions and services, from design, installation all the way to solar financing and after-sales service. A number of our commercial and industrial clients are saving up to 80% on their electricity bills.

There is indeed great potential to save with solar for large scale businesses and Industries, especially in a thriving state like Karnataka. In addition to the financial benefits; installing a rooftop solar system can increase property value, ensure return on investment and provide you peace of mind for the next 25 years.

Start your solar journey today.

The Indian Machine Tools Industry

Since the advent of the industrial revolution, factories and manufacturers have been the world's biggest energy consumers due to their large scale production needs. India has emerged as a key player in the global machine tools industry and as per a report in 2017, the country is ranked 12th in production and 8th in consumption of machine tools on a global scale.

India is also a leading international hub for various industries and manufacturers in the space of automobiles, auto parts, agro-engineering, FMCG, and many more. Therefore, consumption of energy and therefore the cost that comes with it remains a challenge.

Meet MYSUN Solar Advisors at India Machine Tools Expo & reduce your energy costs. Call Now on +91 8448380218

Why Solar is Necessary for Machinery Manufacturers & Consumers

In most warehouses and factories, machinery manufacturing and processing equipment account for a substantial load, which contributes to high energy spends. Industry decision makers are looking for alternative solutions to mitigate these elevated energy expenses, and solar energy is one such promising solution.

When it comes to the peak energy consumption of manufacturing plants and warehouses, a majority of consumption occurs during the day. This makes solar a near perfect solution as a solar system will be at its peak production during the daytime.

Furthermore, there is immense potential for long term saving benefits as commercial solar systems are extremely economical when it comes to scale. You also have other benefits like AD (Accelerated Depreciation), contribution to the environment that make the decision more lucrative. You can check the savings your business could make with solar by running the MYSUN Solar Calculator.

Key Advantages of Rooftop Solar for Commercial & Industrial Manufacturers

Before considering solar as an option for any business or manufacturing industry, you should understand the key advantages and benefits of going solar:

Assured Return on Investment - Several of MYSUN's clients across India who are business owners, are saving up to 80% on their monthly electricity expenditure by going solar, as it helps offset peak consumption and reduce operational costs by a big margin. There are case studies of industries in Chittorgarh, Rajasthan and Gurugram, Haryana.

Reliability - Solar systems are a low-risk investment with a reliable lifespan of at least 25 years with peak performance. You can opt for a 25-year service guarantee with MYSUN that ensures reliability and the safety of your solar system for the entire tenure.

Flexibility - Rooftop Solar Systems can be installed on different kinds of roofs, and are highly scalable as their capacity can range from 1 kW to more than 1 MW. As warehouses and factories vary from industry to industry, the flexibility to install a rooftop solar system regardless of the size and shape of the rooftop is an added advantage.

Technological development - There are on-going research and development in the world of solar, and further improvements in the technology will only intensify in the near future; doubling or even tripling the electrical generation of solar systems. This will eventually result in much greater savings for industries.

Cost-Effectiveness - It is common knowledge that the cost of going solar today has come down tremendously. In certain areas of the country, the cost from solar is comparable, even cheaper than the cost of energy per unit from coal.

Insulation from rising tariffs - Electricity costs are bound to go up like any other commodity/service. However, with solar you lock your tariff for 25 years, so you are insulated from unwanted surges.

Easy Financing - All said and done, solar is a capital expenditure. However, to make this decision even easier for business owners, MYSUN offers a wide variety of easy solar financing options that will allow you to pay for your solar system in easy installments, from the savings you make with solar.

Start Your Solar Journey at India Machine Tools Expo

We at MYSUN are committed to providing our customers with the most reliable and premium rooftop solar solutions and services. If you are in the business of machinery manufacturing or consumption, and are looking to steer your business towards greater profits. Rooftop solar is the solution for you.

For any query get in touch with MYSUN Solar Advisors here, and meet us for a detail discussion at the India Machine Tools Show held from 14th to 17th June 2019, at Pragati Maidan, New Delhi, India.

To start your solar journey right away schedule a site survey by clicking below.

The shift to solar energy from conventional sources of energy is real. India alongside countries like Germany and the US are championing the cause. On more than one occasion we have written about how if you’re a homeowner in India, going solar makes complete sense. Whether you live in Pune, Delhi, Faridabad or Gurgaon, solar for residential owners is a great choice. However, what about the business-owners, how can a move to solar help small time and big time businesses alike? Let’s take for example the state of Maharashtra, which happens to be one of the sunniest states in the country, but also an industrial hub. What are the advantages for rooftop solar installers in the state? Here are 5 few reasons why you should Go Solar if you are a business owner in Maharashtra:

Save on your monthly power/electricity bills

Whether you own a small-scale business or a large-scale industry, power/electricity costs make up a large portion of your monthly expenses. Investing in Solar can reduce your electricity bills by a huge margin. If that statement is hard to believe below is sample case-study of one our clients in the printing industry, situated in Gurugram, Haryana:

As you can see, investing in Solar proved to be a very wise decision for the business owner, as they’re saving up to 68% on their monthly electricity bills with salary. If you want a fair idea about how much business you can stand to save, please visit the MYSUN Solar Calculator page and enter your commercial or industrial bill amount, and generate your personalized solar savings report. Saving on monthly expenses can have a massive impact on your bottom-line in the long-run and in-turn benefit profitability of the company, and after all, that is what counts, right?

It’s not just energy, it’s an investment

Solar energy shouldn’t be seen as an expense, as it is one of the smartest ways to invest, with returns not just rivaling but also outperforming traditional investments such as stocks and bonds. Add to it that the investment is not market linked and safe, and you have a clear winner. Businesses can benefit a great deal from investing in solar as it will reduce operational costs, result in a good return on investment and eventually lead to a positive impact on business. Not to forget that you stand to gain AD benefits when you go solar for your industry. India itself has seen a surge in solar investments from industries across states such as Delhi NCR, Haryana, Rajasthan and especially Maharashtra.

Low-maintenance and Reliability

A solar system requires little but timely maintenance and unlike traditional thermal powered electricity, is a reliable and sustainable source of continuous energy. Of course, the sun is going to rise tomorrow so as long as your system is optimally maintained, rooftop solar installers have little to worry about. That means you are likely to experience far few power outages and malfunctions every month. To ensure that reliability and maintenance are taken care of, MYSUN offers its customers a 25-year promise of assured and continuous energy generation, regular system maintenance and most important of all convenience and peace of mind. You can contact our customer advisor to know more about MYSUN Assured™ by clicking here .

Boost Employee Morale

It is true that employees are the single biggest asset to an organization. They no longer see working for organizations as just a job, they are all seeking to be part of something vital and meaningful and that is why are willing to invest a lot of themselves into a company. Rising temperatures, unpredictable weather conditions, and pollution scares are now more than ever impacting day to day life. Hence, employees just like consumers, have a greater appreciation for companies acting and operating responsibly. And having happy and committed employees can only lead to better business results.

Stay Ahead of the Curve

Apple, Amazon, and Microsoft, to name a few, are just some of the many top global organizations that already run on renewable sources of energy, and are reaping its financial benefits. This trend has already begun influencing leading Indian companies to go solar and states like Maharashtra and Rajasthan are at the forefront of this change. As more and more companies in the Indian SME/MSME ecosystem look towards the advantages of investing in solar, it’s only smart for business owners to stay ahead of the competition and act now.

Read more about the top things to consider before going solar and the Maharashtra Solar Policy. So get going, give us a call on +91-8448380218 and ask for our Solar Advisor to help you start your solar journey today.

At the inception of MYSUN, a good three years ago when the first thoughts came aloft, we set ourselves a challenge to solarize every rooftop possible in India. In our attempt to meet that challenge heads on, in the last year and a half or so we have held outreach programs in one way or the other across India. Some of these have been online some offline. However, it is the opportunity to meet the residential customers offline, hearing their problems, proposing a solution and completing the project has been the most critical component of our learning curve. It is this nature to put the demands of the customers first that has helped MYSUN grow into a reputable brand when it comes to rooftop solar.

Continuing with our endeavour we held a pop up camp a couple of weeks ago in Nirvana Country in Gurgaon. Several hundred residents from the locality and the areas nearby attended and showed the keen interest in going solar on their rooftops. They recognized the potential of solar not just as a benefit to the environment but also what an amazing investment it can be. Who would not like to save 70-80% of their recurring monthly electricity bills?

Top that with the easy solar financing options that MYSUN provides with MYSUN Flexi-Pay and MYSUN Deferred Payment Agreement where you can virtually build your own payment terms and a promise to be with you for 25 years with the most comprehensive service and extended warranty package, MYSUN care and it is clear why several across the country are choosing MYSUN as their preferred solar partners. Several of our customers have shown really keen interest on the payment plan for MYSUN Flexi-Pay and Deferred Payment. Our prime advice to the customers is using solar energy and save electricity.

However, if you love your numbers and are looking to know the exact mathematics of the savings and how solar can be such a trusted investment, we prepared a case study for you from one of our customers in Nirvana Country in Gurgaon. Gurgaon being a strong residential area provides a great case study for residents wanting to go solar. As long as you have roof rights, there should be nothing stopping you from going solar in Gurgaon.

It is extremely clear from the case study above that the resident who was paying just a little over Rs 7,000 every month is now paying just 25% of that cost. That is a saving of 75% every month. With the onset of summers, and ACs set to run at peak, the electricity bill will only go northwards, however, with a 5.5 kW solar system on his rooftop, the resident is confident of saving even more.

What is even more interesting is that the said resident has not even opted for subsidy and gone ahead with imported modules which have been in field tested and trusted for years on end. It is due to this that his generation is uniform and stable and he is able to generate a 20% return on his investment. So get your solar rooftop solution soon and help us to achieve the target of making Green Gurgaon, Solar Gurgaon.

MYSUN is one of the top solar company in Gurgaon and provides the best solar rooftop solutions to the customers in the field of reasonability, accessibility and reliability.

To know more about going solar in Gurgaon or if you have already made up your mind and would like to discuss the project, make sure you start your solar journey by hitting the link below. You can always call our solar advisors at +91 98731 67009.

Maharashtra has one of the highest electricity tariffs in India for residential consumers. It is a well known fact that an urban city consumers, along with the industries and commercial establishments, contribute to the state government subsidize the electricity for farmers. With little respite from the populist measures of subsidizing electricity costs for the rural consumers, high transmission and distribution losses and an ever increasing cost of electricity from sources like coal and gas, we will continue to have our electricity tariffs going up by 4~5% every year for several years to come. This means that the approximate Rs 7/unit tariff will go up to more than Rs 30/unit in the next 25 years. That definitely does not bode very well. The only way to tackle this problem of rising  electricity tariffs is by producing your own power. The only viable solution to do that is by going solar and that too in a highly economical and reliable manner. This is where your vacant rooftop comes to your rescue. If you have an unused rooftop, today, every homeowner can save lacs of rupees by installing a rooftop solar power system. And in the process, also make a huge contribution to the environment and to their children’s future. Would it not be awesome to take a decision today and make a difference for the full 25 years? Look at the illustration below, derived from the MYSUN Solar Calculator. Mr Pant lives in Wakad in Pune and pays Rs 8000 per month electricity bill. By installing a solar system of 6kW, his monthly electricity bill reduces by approx 98% to Rs 165 per month, which is the fixed meter cost. And with a solar system life of 25 years, he ends up saving Rs 26.7 Lakh overall with 35.7% Return on Investment. As you can see from the illustration above that there is a lot of merit in going solar. Pune is a city that receives an abundance of sunlight and the Solar Policy of Maharashtra is one that encourages all residents to make the move to the sunny side. Therefore, there is definitely no better time to Go Solar than now. In the case above, Net Metering has been switched on since the state allows it. In case you are wondering what is Net Metering, it is a process where all the extra units that you generate from your solar system that go unused, are sent back to the main grid and adjusted monthly against your consumption from the grid. Going solar will not just be a great financial investment because the biggest benefit of all is that you will be making a difference and a positive environmental impact by moving to greener and cleaner source of energy. So, if you are living in Pune or areas close by, going solar for your home, Industries or even a Commercial establishment makes a lot of financial sense. You can get in touch with us at ‭+91 98731 67009‬ to get a free consultation with our Solar Advisors, who will explain you the case of going solar in greater details. For anything more, you can also e-mail us at: [email protected]