Categories: Mumbai

Best, Adani offers subsidies on solar panels in Mother

Mumbai: Now, you can get a big savings in the best monthly electricity bills in the island city, adani electricity in the outskirts of the city and Power Power across Mumbai on Monday announced subsidies of up to 40% to install solar panels on the building on the roof.
Installation will also reduce power bills.
Subsidies are initiatives under the ministry of new and renewable energy in the center.
Other companies such as MSEDCL, which includes Thane and Navi Mumbai, will soon announce the same subsidies.
Housing consumers can choose a minimum of 1 kilowatts of peak (KWP) Solar Panel, which will produce 1,400-1,500 units every year.
“This comes to an average of 125 units per month.
There will be a clean measurement system, where solar power whatever you produce goes to the grid.
And this is adjusted to your monthly electricity bill,” said an Adani official.
For example, if you produce 125 units through solar power in a month, and consume 300 units a month at your residence, you have to pay only 175 units (300-125) after the unit is reduced by solar roof.
Savings can range from Rs 800 to Rs 2,400 a month, depending on 1-3 KWP from the installed solar panel, officials said.
“On the other hand, if the panel produces more units than you consume at home, the excess unit is stored in the ‘energy bank’, credited in the future bill,” an official said.
One can install a maximum 10 KWP panel on the roof.
Ideally, the panel of 1 KWP occupies 110 square feet, said an official.
Panels are supplied by official agents returned by the government.
For 1 KWP, the actual cost is Rs 46,000, but subsidies of 40% reduce up to RS 27,600, all including GST, installation and maintenance of a comprehensive 5 years, said an official.
Lokesh Chandra’s best general manager said: “We send SMS and send letters in this matter to all customers.
In the city of the island, the best at first will meet the capacity of 580kW with financial assistance on subsidies from the center.
This is 40% for 3 kwp, 20 % Subsidies for 3KWP up to 10 KWP for housing and 20% for group housing groups.
“A spokesman Adani said,” The solar panel has a life that is almost 25 years after being installed.
Because of the benefits of subsidies, customers will be able to recover costs in 2 to 3 years and will save electricity bills significantly.
” This center has provided sanctions capacity of 3.5 MW to Adani and this scheme is valid until December 10.
Power Tata officials say the company will provide a roof system that is connected to the grid for housing customers through the network partner network of the authorized and exclusive.
Subsidies offered by Tata Power are 40% to 3 KWP and 20% to 10 KWP.

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