Solar Power Plant
An on-grid or grid-tied solar system is a system which converts solar energy into electrical energy using inverters for ready consumption. In an on-grid system there are is no storage and electricity generated by the system is used by consumers directly. This means that any excess or deficiency of power can be fed to the grid through net metering (subject to local laws).
Many residential users are opting for an On-grid solar system as they get a chance to enjoy credit for the excess power their system produces and save on their electricity bills.
Salient Features:
REDUCE YOUR ELECTRICITY BILL
The electricity generated from solar can be used to offset the electricity used from the grid, thereby reducing your electricity bill
PROTECTION AGAINST TARIFF HIKES
By installing a solar power plant today, you are insured against any future hikes in tariff
EARN FROM YOUR IDLE ROOFTOP SPACE
Your free rooftop space can be used to generate additional revenue in the form of electricity exported to the grid
ACCELERATED DEPRECIATION BENEFITS
Upto 40% accelerated depreciation can be claimed in the first year of installing a solar power plant
BETTER POWER QUALITY
The power generated from solar is free from voltage fluctuations
GENERATION Vs ROOFTOP SPACE REQUIRED
System Size (kWp) | Annual Generation (units)* | Minimum Area Required (Sq. Ft) |
1 kWp | 1,200-1,400 | 100 |
5 kWp | 6,400 – 7,300 | 500 |
10 kWp | 12,775-14,500 | 1,000 |
50 kWp | 64,000– 73,000 | 5,000 |
100 kWp | 1,28,000-1,45,000 | 10,000 |
1000 KWp | 12,80,000-14,50,000 | 1,00,000 |
* Depending on site location