MYSUN brings a limited-time opportunity to own the most advanced and luxurious home Solar Systems.

 

Book any system with MYSUN and get a chance to win a complimentary upgrade to our next category product.

You can also email us at: neetu.patro@itsmysun.com  or WhatsApp us on 8448380218

   

• Book any MYSUN model between 24th August to 11th September, 2022 by making the required advance payment to be eligible to participate in this promotion.
• If any client does not want to participate in the lucky draw, they need to inform the Company in writing.
• One winner in each category shall be identified from all eligible client bookings between 24th August to 11th September, 2022. The winning clients will be identified through a lucky draw amongst all the eligible participants and a priority list in descending order shall be prepared.
• For CANOPAS upgrade, the winners shall be offered a discounted upgrade rate of Rs 15/Wp plus GST only against our standard upgrade rate of Rs 40/Wp plus GST.
• The lucky draw shall be conducted by the company at its office and the winners shall be informed through email. The winning clients would need to confirm their acceptance in writing of the upgrade offer, and pay the upgrade price (in case of CANOPAS), within 7 days of being informed.
• The applicable delivery timelines for different models of MYSUN shall apply in case of upgrades. We typically offer 5-6 weeks for CYRA, 6-10 weeks for ARBOR, and 8-12 weeks for CANOPAS. The timelines for all participating clients may get impacted due to their participation in this Independence Offer.
• In the rare case, the winner does not want to avail of the offer and fails to complete the above process within the stipulated timeframe, the company has the right, but not the obligation, to withdraw the offer to that client and offer the same to the next in the line client.
• All the upgrades shall be subject to the technical feasibility of installing the upgraded product. In case such feasibility is not possible due to technical reasons, then the upgrade won’t be offered to the concerned client. In such cases, no discount or cashback or any equivalent amount, product, or service shall be provided to the client and the company shall have no further obligation towards the concerned client with regards to this promotion.
• The decision of the company shall be binding in this case.
• The above offer is applicable on select system sizes only.
• This offer is not available for systems bought under the subsidy scheme.
• The offer is available in Faridabad, Delhi, Noida, Greater Noida, Ghaziabad, and Gurgaon.
• All CANOPAS upgrades will be available for 2 tier structures.
• MYSUN’s products shall continue to be available outside of this offer too during this period.
• The company reserves the right to amend, modify, extend or cancel this promotion without any prior notice.
• MYSUN reserves the right to publish or use otherwise the names and some brief details about the winning clients for its marketing purposes.
•  Any disputes shall be subject to the jurisdiction of courts in Delhi.

As the preferred solarization partner of thousands of homes, commercial buildings, and industrial rooftops, at MYSUN, we are committed to bringing the best solar experience to our customer base. This commitment drives us to innovate and come up with a range of solutions that is not only economically favourable but also aesthetically pleasing. In line with the thought, at MYSUN we recently announced a wide range of products for our Residential customers, including solar pergolas. 

We are delighted to introduce ‘MYSUN for Homes’ with our innovative new range of products and customer experience and first-of-its-kind ‘Live under your Solar System’ concept. Let’s look at the offerings in detail right here.

Cyra

• Cyra is perfect for your home if you have an RCC Roof and are planning to install solar on a Terrace, Balcony, or even go for a Ground Mounted Solar Plant.
• The chief material of the solar pergola is galvanized steel and you have a wide range of options including - low to high height options.
• Cyra is perfectly suitable for homes/ buildings and can cover unused areas like water tanks, store-room, DG sets, etc. This way you will utilise your rooftop to generate electricity, while you reduce your electricity bills very substantially.
• Cyra pergola is ideal for consumers looking to get the best value from their solar systems and forms the starter in our wide range of solar for homes category. 

In terms of pricing, you are looking at Rs 52,000 ~ Rs 65,000/kWp.

Book your Cyra Solar System from MYSUN here.

Arbor

• Arbor is the perfect solar product, a premium pergola to make beautiful terrace ground seating areas.
• It comes with an extra-wide MS column post with 2.5m to 3m high structures in Metallic Finish, which really adds to the aesthetic appeal.
• Arbor is perfectly suitable for villas, bungalows, homes, buildings, pools, and patios. So if you have an independent home, Arbor can be a fantastic addition to your property. 
• Another interesting feature is the option for a glass-on-glass solar panel.
• If you like, you can also opt for Add-ons like high-end flooring, lighting, and complete green-scaping.

In terms of pricing, you are looking at Rs 75,000 ~ Rs 82,000/kWp.

Book your Arbor Solar System from MYSUN here.

Canopas

• The Canopas Pergolas or Gazebos combine next-level elegance and aesthetics with incredible utility.
• They come with Wooden finish (WPC) structures reinforced with steel for luxurious exteriors.
• In case of a Canopas Pergola, you are looking at 2.5m to 3m high structures.
• They are perfectly suitable for villas, bungalows, homes, buildings, pools, and patios.
• Just like Arbor, you also have glass-on-glass solar panel options.
• There are also add-ons like high-end flooring, lighting, and complete green-scaping here.

In terms of pricing, you are looking at Rs 110,000 ~ Rs 125,000/kWp.

Book your Canopas Solar System from MYSUN here.

So, if you are located in the Delhi / NCR region, which includes, Delhi, Noida, Greater Noida, Ghaziabad, Gurgaon, Faridabad etc, get in touch with us today to book your solar pergola from MYSUN. Don’t forget to ask our solar advisors for the offer of the month.

Note: GST extra on all the costs mentioned above.

Over the last few years, at MYSUN, we have shared our views and takeaways from the Union Budget and its impact on the solar industry at large. In case you missed it, here is the blog post outlining the impact of the Union Budget of 2021 on the industry. As is the tradition on the 1st of February, the Finance Minister took the floor and announced the Budget for the Financial Year 2022/23.

The budget at large spoke of the energy transition and the need for attention towards climate change and a greener economy. The Finance Minister announced an allotment of INR 19,500 crore for production-linked incentive for manufacturing of solar modules domestically. The Finance Minister announced, "For facilitating domestic manufacturing for the ambitious goal of 280 GW (GigaWatt) of installed solar capacity by 2030, an additional allocation of Rs 19,500 crore for PLI scheme for manufacturing of high efficiency (solar) modules with a priority of fully integrate manufacturing units for polysilicon to solar PV modules will be made."

On the other hand, the budget estimated to the MNRE for 2022-23 for investment in SECI has been halved to less than INR 1,000 Cr from INR 1,800 Cr from the previous financial year. The Government will also be providing financial support for setting up of Distributed Renewable Energy projects across the border villages, aiding their electrification. The budget also saw the introduction of sovereign green bonds for funding public sector infrastructure projects.

In addition to the direct impact, there is also a substantial increase in spends on building roads, in tune of about 56%, which will definitely aid connectivity and infrastructure, allowing for faster movement of cargo across the country.

Like most budgets, it will be interesting to see the detailed implementation plan and policies that will be key towards the success of the budget. On paper, we look to be well geared towards a green economy overall.

Buying a solar system is one of the most rewarding investment decision for a business across the country. Whether you are a large corporation or a small to medium-size enterprise, going solar saves Lakhs of Rupees on power bills every month, thus optimizing a business’s operating expenses. However, when it comes to going solar, there are still apprehensions which give way to excuses and thus delaying the decision. Here are the answers to some of the top reasons that some of our clients had before they got in touch with us and decided to Go Solar. Today, all of them are proud of their decision and are making their business financially stronger with each passing day.

1.‘Going Solar can’t Possibly Save Lakhs on Power Bills Every year’

One of the major suspicions that business leaders have is the savings potential that going solar offers on their monthly power bills. The amount might seem unrealistic, but it is indeed true - going solar does save lakhs on power bills every year. With a well-optimized solar system, the savings can be up to 80% of the monthly electricity bills. MYSUN clients are a testament to this. Here is a video of a MYSUN client who is saving 190 Lakh rupees on power bills every year.

To know the estimated savings potential of your business you can run the MYSUN Solar Calculator now.

2.‘Solar Systems are too Costly. And our Business doesn't have any Surplus Budget right now.’

Solar systems do require a sizable investment. But with the various solar financing solutions now available with MYSUN, going solar is surprisingly affordable for businesses of any size. Your business can either choose to pay for the capital cost of the solar system upfront or defer the cost in easy instalments with MYSUN DPA (Deferred Payment Agreement Plan). Since the instalments under MYSUN DPA are always less than or equal to the savings your business will make after going solar, your business in a way pays for the system by paying nothing more than its current monthly electricity bill amount. And after the system cost breaks even in 4~5 years, the electricity generated by the system is available to your business virtually for free.

If not MYSUN DPA, your business can also avail a solar loan from numerous MYSUN Partner Banks/NBFCs. With MYSUN’s Power Purchase Agreement facility, your business can even opt to go solar without actually buying the solar system. You can know more about these financing solutions by submitting a request on MYSUN’s solar financing solutions page.

3.‘Going solar will need a lot of planning and evaluation. We don't have the bandwidth to go solar now.’

Transforming your business into a solar-powered organization might seem like a lot of work. With MYSUN all you need to do is express your interest in solarizing your organization and our team of solar experts and advisors will take care of the rest. From assessing the solar potential of your business through a series of highly advanced tests to identifying the feasibility of solar installation as per the unique architecture of your business unit. From designing the most optimum solar system as per your business’s power requirements to installing and maintaining the solar system for the complete 25 years of your business’s solar journey; Our team of solar experts ensures you have a wonderful solar journey. With our innovative solar financing solutions we make your solar journey affordable and thus offer you personalised solar solutions.

4.‘Business is tough and therefore going solar is not our priority right now.’

The economic challenge that the pandemic has brought upon us is no secret. It has affected every business under the sun. However, as the market is gradually opening up there lies immense opportunity ahead of us. And if coming out of this as a winner and increasing profits exponentially is your business's priority then Going Solar is your business's priority. The savings that your business will make after going solar will help it reduce its operational expenditure and increase its profit margins. This will be worth its weight in gold in these challenging times. Many of our clients have been able to navigate through these difficult times by saving handsomely on their operational expenses thanks to solar.

5.‘There are too many solar installers. It is too confusing to decide.’

Solar systems have a life of over 25 years. Therefore it is incredibly important to choose the right solar partner who can offer your business a quality service for 25 years. Committed to a ‘quality-first’ approach, MYSUN offers premium components and robust service and maintenance solutions to keep your solar system’s performance optimum during its lifetime. Being driven by technology, MYSUN also offers advanced technology solutions such as remote monitoring and robotic cleaning, delivering the latest innovations to your rooftop. Above this, we ensure a complete peace of mind and transparency to our customers, which is why Lakhs of rooftops across India have chosen MYSUN as their solarization partner.

We hope this article will help you make your decision to go solar concrete. If you have any query still, our solar advisors would be glad to personally consult you on the same at no cost. Please reach out to us on: +91 8448380218 or write to us on [email protected]

 

In March 2018, MYSUN commissioned a 231kW rooftop solar project for a Label Printing company based out in Gurgaon. Post commissioning, the owners of the company saw a dramatic reduction on their monthly electricity bills and estimated to save over 7 cores on their power expenditures throughout the 25 years of their solar journey. Installing this solar system proved so beneficial that the owners decided to expand their installed solar capacity by installing 119kW more. Now they stand to save more than 15 crore rupees with solar in this 25 year period.

With the above example, it is easy to access the viability of solar for any business in India. But other than this, what are the other specific reasons that signal towards the viability of solar for businesses based out in Punjab, which finds itself in close proximity of Gurgaon, Haryana? Let’s take a look at them down below:

1. Solar Energy Potential of Punjab

Punjab lies in the same geography as Haryana and experiences from 230 to 300 sunny days in a year. That gives enough sunny hours per year for businesses based out in the state to generate electricity from solar for all their power needs. The potential of solar in the state can also be understood from the solar installation target set by the state. As per a renewable energy policy draft proposed by the government of Punjab in October 2019, the state is eyeing at installing a total of 3000 MW of solar power projects by the year 2030.

You can run the MYSUN Solar Calculator now and check the solar potential of your business in Punjab today.

2. Increase in of Solar Energy Installation Capacity in Punjab

The solar energy installation in the state of Punjab has been at a consistent rise across sectors since 2012. As per this tracker, the state has witnessed over a 100x growth in the installed capacity of rooftop solar systems; from zero in 2010 to 136.4 MW till 2019. Given that solar systems require sizable investment and that the cost of going solar was way higher ten years ago than what it is today, this growth in capacity demonstrates the acceptance of solar by the consumers in the state and its benefits being experienced by them.

Rooftop Solar Energy Commissioned Capacity in Punjab

3. Favourable Solar Policy of the State

Like most Indian states, Punjab has a very favourable solar policy for its commercial and industrial power consumers. Punjab’s Solar Policy qualifies its commercial and industrial consumers who go solar, to avail 40% accelerated depreciation on the solar system cost. The policy also allows custom and excise duty concession on solar equipment and a 10 year tax holiday on solar projects. The policy gives an avenue of a solar loan of up to INR 15 Crore for renewable energy projects under the priority sector lending. With the state's net-metering policy, businesses can also sell the excess generated electricity to the DISCOM as per the specific tariff rate defined in the policy.

4. Frequently Increasing Electricity Tariff in Punjab

Electricity tariffs follow the upward trend and it has been increasing in Punjab as well. As per media reports of January 2020, the Punjab State Power Corporation Limited has filed a petition with the state power regulator seeking a 14% hike in electricity tariff for consumers in the state. The hike is likely to be announced in the upcoming month of April 2020. A similar hike of approx. 2.15% was imposed just last year affecting consumers across categories. Tariff increases, even by a minimum percentage, might not affect domestic consumers by much, but owing to the high power consumption of commercial and industrial categories, they increase electricity expenditures by lakhs every year. Thus, impacting the bottom line as well. Going solar freezes such tariffs hikes, giving business owners some stability in business expenses.

5. Positive Growth Potential for Businesses in Punjab

As per a report from the Indian Brand Equity Foundation, Punjab has the easiest procedures to set up a business. It is a key hub for textile-based industries including yarn, readymade garments and hosiery. Its capital city Chandigarh has evolved to be a top spot for the booming IT and Education industries in the state and its cities like Mohali, Ambala, Panchkula, etc has become a fertile place for SMEs and MSMEs of every category. With the state's annual GDP of around 6%, the state has a lot to offer as an opportunity for business enterprises. And as businesses grow in the state, power will become a crucial expenditure. With solar, businesses can save up to 80% of this expenditure and use those savings to speed up their growth further.

Why Go Solar With MYSUN in Punjab?

MYSUN is the largest online rooftop solar platform and the most trusted solar partner for businesses in India. It has proven excellence in designing, installing and maintaining solar projects of SMEs, MSMEs and large corporates across India. With the focus on the end-to-end solar solution and world-class engineering, MYSUN Offers a one-stop solution for your rooftop solar needs in Punjab. Through MYSUN Solar Financing, the company is making solar easy for every business under the sun. MYSUN’s local presence in Punjab, with an office in Chandigarh, makes it the perfect solar partner for your business in the state.

Get in touch with MYSUN Solar Advisors today. Call +91 8448380218 or write at [email protected]

“Going solar is a viable investment opportunity, but currently, my business is not in a position to freeze a fraction from the Working Capital in a solar system”.

This is exactly how plenty of our conversations with business leaders would go, a couple of years ago. We have in fact, in the past been quite vocal about the need for strong financing in order to make a good business case for the C&I segment to go solar. This would eventually prove to be the launchpad of MYSUN Deferred Payment Agreement (DPA). Conceived with MYSUN’s core vision to make Solar financially viable and easy for every business and industry in India, MYSUN DPA allows Businesses to transition to solar with easy monthly instalments.

We have shared the details of the features and functions of DPA in our recent blog post, titled - MYSUN Pioneers Rooftop Solar Financing; Actively Helping Industries Go Solar. Post the release of the article, we received a lot of interest and queries from business leaders seeking to know how the Deferred Payment Agreement works? With this article, we will try and explain the working of the MYSUN Deferred Payment Agreement with the help of an illustration.

Instalments Your Business Pays with MYSUN Deferred Payment Agreement

The Deferred Payment Agreement from MYSUN distributes the total cost of the solar systems in “Easy Monthly Instalments”. But what good is an instalment if it disturbs your working capital by even the slightest? The MYSUN DPA (Deferred Payment Agreement), therefore, keeps these ‘easy instalments’ less than or equal to the savings that your business will make with solar every month; allowing your business to afford solar easily without disturbing your financial standing.

For example, you were to install a 560 kWp solar system worth crores in Haryana, which has the potential to save your business around INR 5.8 Lakhs on power bills every month.



With the MYSUN Deferred Payment Agreement, you can have the solar system installed and just pay INR 35-44 Lakh (20-25% of the solar system cost) as a down payment. The balance amount can be paid in monthly instalments, ranging between INR 5.8 Lakhs for a period of 2.2 to 2.5 years. As the instalments in MYSUN DPA will always be less than or equal the monthly savings from solar (which should be less than or equal to INR 5.8 Lakhs in this case), the solar system ends up paying for itself.

Get In Touch with MYSUN Solar Advisors Today & Avail the Benefits of DPA

As you can see, MYSUN Solar Financing brings solar systems within the budget of any small, medium or large enterprise. It allows businesses to pay just a fraction of the amount upfront and the solar system eventually pays for itself. With such a handy option on the table, you will agree that there is no right reason for your or any business for that matter to not go solar. Call our solar advisors now on +91 8448380218 or write to them on [email protected] to get your personalised solar proposal under the MYSUN Deferred Payment Agreement.

 

Since you are reading this blog post, we are sure you already are well aware of the benefits of solar and are at a stage of considering going solar. Before you decide to go solar there are three key things that you must absolutely consider:

1. Accurately predict the generation potential of your site
2. Understand and seek flexible payment/ loan for the solar system
3. Short list the ‘right solar PV installer and partner’ for you

With the MYSUN Solar Calculator, you can achieve the accurate generation prediction within seconds. Under MYSUN Flexi-Pay^TM and MYSUN Deferred Payment, you can always opt for flexible payments for your solar system. You may want to give a call to our customer delight team on +91 9873167009 to know more.

This blog post dives deep into how should one go about selecting their perfect rooftop solar installer - a solar partner. Choosing the right solar installation company is absolutely critical because going solar is a decision that you have to stand by for the next 25 years. Not only should the solar installer be experienced, well connected and well equipped, but also must stand by the warranties/ guarantees and stand with you for the life of the solar system. A well-reputed solar PV installer as your solar partner will ensure you are well informed and make choices that are in the best economic interests for you rather than seek an interest of its own. The longevity and reliability of your solar system rests solely on the shoulders of your solar installer and this is why this choice becomes a difference between you saving a few Lakh Rupees a year and a Lakh and some more.

So whether you are considering installing a solar system at an industry or your home, you should follow the guidelines below to make an informed choice, and handpick the right rooftop solar PV system installer.

Here are the five things that you must look for before choosing a solar installation company:

1. Existing projects done by the solar PV installer in your region

When choosing your solar installer assessing the local presence of the installer should be your priority. A solar installer with a strong local presence will not only be able to install your solar system with no delay, but will also be able to provide you with a rigorous after-sales service. And since going solar is at least a 25-year long investment, a diligent servicing is more than mandatory. Having your installer at an approachable distance will ensure even minor breakages are attended to in time and your solar system uptime is optimum.

Studying the size and number of projects completed by the installer in your region is therefore necessary. When selecting your solar installer, do not be afraid to ask for a visit to one of the installed systems by them in your local region so that you can see and get a sense of the engineering and civil work.

2. Team background and engineering expertise of the solar PV installer

The engineering behind your solar system dictates not just the savings that you stand to make on your power bills after installing a solar system but also the overall life of your solar system. Power generation from a solar system is dependent on numerous factors, such as the geographical location of your site, the solar irradiance at your location, the shadowing objects on your rooftop and the power requirements of your building. Hence, an optimally performing solar system is a product of precise engineering; taking into account all the aforementioned influencing factors. Unlike a lot of engineering subjects, a good engineering is a product of not just good knowledge but also on-field experience. A lot of practical situations and issues can be tackled best by an engineering team that has been setting up projects daily.

Therefore, a thorough background check on the solar installing company’s past experience and engineering expertise of the team is advised. It will give you a snapshot of the team’s capabilities, giving you a delivery assurance of a high performing solar system.

3. Relationship of the Solar PV installer with top of the line suppliers and vendors

A famous saying in English, ‘you are known by the company you keep’ is perfectly apt here. A solar installer/partner who deals in the most premium segment with the best vendors and suppliers not only will ensure you get top of the line and latest technology but also will get them to you at the market-beating prices. A good solar installer will have a long-standing relationship with these top of the line vendors which would enable them to also stand by the warranties and guarantees efficiently. The direct benefit of a good working relationship between the supplier and solar partner will be extremely beneficial both at the time of installation as well as in the after-sales where replacements can be managed quickly. Do ask your solar partner for who their suppliers and vendors are to get a clear idea.

4. Flexible financing and necessary guarantees/ warranties offered by the Solar Installer

Going solar will help you save millions in your power bills every year, but there is no denying that solar is a sizeable investment. And solar financing options from the solar installer makes the decision economical and easy. With easy flexible payment options such as the MYSUN FlexiPay^TM provided by MYSUN, for residential customers, and the MYSUN Deferred Payment plan for Commercial and Industrial customers you can install a premium solar system and pay for it with the savings you make on your monthly electricity bills over a period of time. Thus, not worrying about the huge upfront cost of the solar system. In a way, your solar system is free of cost as your savings are paying for it. In a matter of 3~5 years, the cost is repaid and you can continue to enjoy the benefits of power generation for the next 20 years and pocket the savings.

A right solar installer will always furnish a transparent and justified guarantee/warranty on your system. You may also want to check with the solar installer for extended warranties. It is a worthy investment and keeps your solar system absolutely safe for large parts of the 25 years.

5. Customer testimonials and reviews of the Solar PV Installer

Customer testimonials and reviews are a true representation of a solar installer’s capabilities. It speaks of the actual performance of the solar system designed and commissioned by the solar installer. It also tells of the relationships that the solar installer is successful in keeping with its customers. Going through the customer testimonials of the installer is, therefore, a smart way to verify the credibility of the solar installer in the market among its customers. In this digital world, just a little bit of diligent research will give you the answers to what the existing customers are talking about their solar installers/partners. For example, to know the customer testimonials of MYSUN customers you can click here, read the reviews on google here, or check our social media pages here: Facebook, Twitter, LinkedIn.

Screening your prospective solar installer with above-mentioned criteria will help you select a perfect solar partner and installer for a rewarding solar journey. At MYSUN, we understand the value of solar investment made by each of our customers. We, therefore, strive to provide the most precisely engineered solar system loaded with technologically advanced components alongside Flexible Payment Plans. Add to it our immaculate after-sale service, a hassle-free 25-year-long solar experience, we make your solar journey memorable. So, if you are convinced and want to go solar, the magical number to dial is +91 9873167009 and our solar advisor will help you not just with your queries but also furnish an absolutely free of cost solar assessment report for your site.

 

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.

Image source: Newsmobile.in

Hyderabad, also known as the city of pearls, is one of the most economically flourishing cities in India. Reputed as a global hub for trade in the past, the city has grown to become the largest contributor to Telangana State’s GDP.

In the past decade, Hyderabad has become a host to some of Silicon Valley’s biggest global technology companies such as Google, Amazon, Deloitte, Infosys, Facebook to name a few; and has become a leading IT hub with a number of emerging start-ups, SMEs and MSMEs. The city is also home to a number of manufacturing industries, such as automobiles and auto parts manufacturing, textiles, apparel, and pharmaceutical.

The Rising Energy Demand in Hyderabad, Telangana

Due to the emergence of new-age businesses and industries in the city and the continuous power supply to the agricultural and industrial sectors; the power demand has only risen in the city and state of Telangana.

The per capita consumption of electricity in Telangana is around 1,507 units which is much higher than the all India per capita consumption of 1,122 units. In fact, just recently the state of Telangana registered its highest ever peak power demand of 10,429 MW in July 2018.

Furthermore, the state offers free 24x7 power supply to its agricultural sector and has curtailed the number of power cuts faced by residents of the state and its thriving capital.

The Solar Potential of Hyderabad, Telangana

As per a joint study conducted by Greenpeace and the Gujarat Energy Research and Management Institute (GERMI) - Hyderabad ranks only second in solar energy generation potential with 1,730 MW, behind New Delhi which has a generation potential of 2GW. This clearly showcases immense potential for expansion and market penetration for solar companies in Hyderabad.

Of Telangana's current target of installing 5000 MW solar capacity, the city of Hyderabad alone will contribute 34% of the total capacity addition. At the current pace, the city can emerge as the leading city when it comes to renewable energy in India.

Prominent businesses and institutions in Hyderabad have already started their move to solar. A perfect example is Amazon, which recently installed close to 1600 kW of solar panels at its fulfilment centres in Hyderabad and Delhi.

Why should Businesses switch to Solar Energy in Hyderabad, Telangana?

There are already growing environmental concerns, as Hyderabad is reported to have the highest annual Particulate Matter (PM) levels amongst Telangana's eleven districts and cities. Hyderabad has emerged as one of the leading tech and business hubs in the country, home to a growing ecosystem of SMEs and MSMEs and mainlining Solar Power in Hyderabad will only add to the city’s growth. While traditional forms of electricity generated via thermal power plants can meet the growing energy demand, this will eventually come at a great cost to businesses, not to mention the environment. Apart from environmental concerns, going solar can help businesses save millions on inflated electricity bills.

Let’s take an example - if a typical metal structure manufacturing company in Hyderabad consumes around 3,80,000 units a month, the monthly electricity bills as per the current commercial rates can go up to approximately INR 29,86,800/- By opting for solar energy, the bill amount can be greatly reduced to INR 3,30,000 - a direct saving of up to 88%!

Below is detailed solar scorecard on the businesses’ estimated savings as projected by the MYSUN Solar Calculator:

As you can see, there is indeed great potential to save with solar for large scale businesses in Hyderabad. In addition to the financial benefits; installing a rooftop solar system can increase property value, ensure return on investment and provide peace of mind for the next 25 years. Not to forget the leadership position that you and your company could take by making the move.

If you are business or an industry owner in Hyderabad, it is time for you to look towards rooftop solar as an alternative solution and say goodbye to steep electricity bills.

MYSUN is one of the top Solar Companies in Telangana. Calculate your businesses’ personalized solar savings with the MYSUN solar calculator and start your solar journey today.