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When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future. How much you can save depends on the utility rates and solar policies in your area, but going solar is a smart investment regardless of where you live.
In a solar rooftop system, the solar panels are installed in the roof of any residential, commercial, institutional and industrial buildings. This can be of two types (i) Solar Rooftop System with storage facility using battery, and (ii) Grid Connected Solar Rooftop System.
Solar power, like other renewable energy resources, has many environmental and health benefits. Going solar reduces greenhouse gas emissions, which contribute to climate change, and also results in fewer air pollutants like sulfur dioxide and particulate matter, which can cause health problems.
In grid connected rooftop or small SPV system, the DC power generated from SPV panel is converted to AC power using power conditioning unit and is fed to the grid either of 33 KV/11 KV three phase lines or of 440/220 Volt three/single phase line depending on the capacity of the system installed at institution/commercial establishment or residential complex and the regulatory framework specified for respective States. These systems generate power during the day time which is utilized fully by powering captive loads and feed excess power to the grid as long as grid is available. In case, where solar power is not sufficient due to cloud cover etc., the captive loads are served by drawing power from the grid.
The easiest way to find out how much you pay for electricity (and how much electricity you use per month) is to take a look at your utility electricity bill. Contact Solgen Greentech to reading your electricity bill to find out exactly what to look for.
Net metering is the system that utilities use to credit solar energy system owners for the electricity produced by their solar panels. With net metering, you only pay for the electricity that you use beyond what your solar panels can generate. Net metering policies differ from state to state – from Massachusetts to California – so make sure to do your homework ahead of time.
Solar panels absorb the sun’s energy throughout the day and convert it into direct current (DC) electricity. Most homes and businesses run on alternating current (AC) electricity, so the DC electricity is then passed through an inverter to convert it to usable AC electricity. At that point, you either use the electricity in your house or send it back to the electric grid.
The amount of power your solar energy system can generate is dependent on sunlight. As a result, your solar panels will produce slightly less energy when the weather is cloudy, and no energy at night. However, because of high electricity costs and financial incentives, solar is a smart decision even if you live in a cloudy city.
Solar panels convert sunshine into power, so if your panels are covered in snow they can’t produce electricity. Snow generally isn’t heavy enough to cause structural issues with your panels, and since most panels are tilted at an angle the snow will slide off. If snow does accumulate, your panels are easy to clean.
Department of Financial services has instructed to all Public Sector Banks to encourage home loan/ home improvement loan seekers to install rooftop solar PV plants and include cost of system in their home loan proposals. So far, nine PSBs namely Bank of India, Syndicate Bank, State Bank of India, Dena Bank , Central Bank of India, Punjab National Bank, Allahabad Bank, Indian Bank and Indian Overseas Bank have given instructions to extend loan for Grid Interactive Rooftop Solar PV Plants as home loan/ home improvement loan.
The rooftop solar systems from 1 kWp upto 500 kWp or in combination can be set up on the roofs.
About 10sq.m area is required to set up 1 kWp grid connected rooftop solar system
Electricity generation at the consumption center and hence Savings in transmission and distribution losses – Low gestation time – No requirement of additional land – Improvement of tail-end grid voltages and reduction in system congestion with higher self-consumption of solar electricity – Local employment generation
According to a study conducted by TERI, a potential of 124 GWP SPV Rooftop plants has been estimated in the country. This can be achieved through active supports from the States.
The grid connected rooftop system can work on net metering basis wherein the beneficiary pays to the utility on net meter reading basis only. Alternatively two meters can also be installed to major the export and import of power separately. The mechanism based on gross metering at mutually agreed tariff can also be adopted
When you install solar panels on your property, you will still be connected to the grid. This allows you to draw from the grid when your system is not producing all of the power that you need, and send power back to the grid when you produce more than you use. go off the grid with a solar energy system that includes battery storage & it will cost significantly more and is unnecessary for the majority of homeowners.
Unless your solar energy system includes battery storage and you are fully off the grid, you will still receive a bill from your utility. However, you can dramatically reduce your bill, or even cut the amount you owe to Rs 0, with a solar panel system that matches your energy use.
If your solar panel system is connected to the grid,it will shut off in the event of a blackout. This is to prevent emergency responders and electricity utility repair-people from being injured by your panels sending power back to the grid.
Solar panel systems are made of durable tempered glass and require little to no maintenance for the 25 to 35 years that they will generate power. In most cases, you don’t even need to clean your solar panels regularly. If something does happen, most equipment manufacturers include warranties, although warranty terms depend on the company.
There are three solar financing options: you can purchase your system in cash, take out a solar loan to buy your system, or sign a solar lease/power purchase agreement (PPA).Solgen Greentech can help you assess the costs and 20-year savings of each solar financing option; its calculations are based on your roof plus real quote data from your area.
There are three solar financing options: you can purchase your system in cash, take out a solar loan to buy your system, or sign a solar lease/power purchase agreement (PPA).Solgen Greentech can help you assess the costs and 20-year savings of each solar financing option; its calculations are based on your roof plus real quote data from your area.
There are three solar financing options: you can purchase your system in cash, take out a solar loan to buy your system, or sign a solar lease/power purchase agreement (PPA).Solgen Greentech can help you assess the costs and 20-year savings of each solar financing option; its calculations are based on your roof plus real quote data from your area.
Solar loans and solar leases each have advantages and disadvantages. Both options reduce your monthly electricity bills and your impact on the environment, but the terms and conditions of each type of agreement are different. Compare solar loans and solar leases by contacting Solgen Team to determine which one is right for you.
The primary difference between secured and unsecured solar loans is that secured solar loans require that you promise an asset, usually your home, as collateral for the money that you borrow. Unsecured solar loans do not, but their interest rates are generally higher to compensate for the increased risk taken on by the lender. To understand which financing option is best for you, evaluate offers for both secured and unsecured loans.
The primary difference between secured and unsecured solar loans is that secured solar loans require that you promise an asset, usually your home, as collateral for the money that you borrow. Unsecured solar loans do not, but their interest rates are generally higher to compensate for the increased risk taken on by the lender. To understand which financing option is best for you, evaluate offers for both secured and unsecured loans.
The Projects under these guidelines fall within two broad categories i.e.(a) the projects connected to HT voltage at distribution network (i.e. below 33 KV) (b) the projects connected to LT voltage i.e. 400/415/440 volts (3-phase) as the case may be or 230 volts (1-phase). Accordingly, the projects may be under the following two categories.
There can be many possible business models, some of which can be considered are as follows: (a) Solar installations owned by consumer i) Solar Rooftop facility owned, operated and maintained by the consumer(s). ii) Solar Rooftop facility owned by consumer but operated and maintained by the 3rd party. (b) Solar installations owned, operated and maintained by 3rd Party
If the 3rd party implements the solar facility and provides services to the consumers, combinations could be: i) Arrangement as a captive generating plant for the roof owners The 3rd party implements the facility at the roof or within the premise of the consumers; the consumer may or may not invest as equity in the facility as mutually agreed between them. The power is then sold to the roof owner. ii) Solar Lease Model, Sale to Grid The 3rd party implementing the solar facility shall enter into a lease agreement with the consumer for medium to long term basis on rent. The facility is entirely owned by the 3rd party and consumer is not required to make any investment in facility. The power generated is fed into the grid and the roof top owner gets a rent. (c) Solar Installations Owned by the Utility i) Solar installations owned operated and maintained by the DISCOM The DISCOM may own, operate and maintain the solar facility and also may opt to sub contract the operation and maintenance activity. The DISCOM may recover the cost in the form of suitable tariff. The electricity generation may also be utilized by DISCOM for fulfilling the solar renewable purchase obligation. ii) Distribution licensee provides appropriate viability gap funds The DISCOM may appoint a 3rd party to implement the solar facilities on its behalf and provide appropriate funds or viability gap funds for implementing such facility
Many different institutions offer solar loans, including local and national banks, specialty financing companies, manufacturers, and credit unions. To choose the best solar loan for you, compare options from a few different financing providers.
If you can afford to pay your electricity bill you can afford to go solar. $0-down solar financing options, including both solar loans and solar leases, make it easy for homeowners with good credit to start saving on their electricity bills by going solar.
Southerly-facing roofs with little to no shade and enough space to fit a solar panel system are ideal for installing solar. However, in many cases there are workarounds if your home doesn’t have the ideal solar roof. Register your property on Solgen to learn more about all of your options; all installation offers are based on images of your actual roof.
Southerly-facing roofs with little to no shade and enough space to fit a solar panel system are ideal for installing solar. However, in many cases there are workarounds if your home doesn’t have the ideal solar roof. Register your property on Solgen to learn more about all of your options; all installation offers are based on images of your actual roof.
The size of your solar energy system will depend on how much electricity you use on a monthly basis, as well as the weather conditions where you live. Take a look at your past electricity bills and compare offers from licensed, pre-screened solar installers to determine the best system size for your needs.
Solar energy systems can last for 25 to 35 years, and it can be costly to remove and reinstall them if you need to replace your roof. If your roof needs maintenance in the near term, you should complete it before you finish your solar installation. One of Solgen’s pre-screened solar installers will be able to tell you whether to replace your roof before going solar.
In general, solar panels are very durable and capable of withstanding snow, wind, and hail. The various components of your solar power system will need to be replaced at different times, but your system should continue to generate electricity for 25 to 35 years.
There are a few criteria that everyone should use when choosing a solar installer. Confirm that they are certified, licensed and insured, have relevant experience, and can provide references. Solgen is approved installers are pre-screened to ensure that they meet these high quality standards. Meet with your solar installer in person before you sign an agreement to ensure that you are comfortable working with them.
While every solar panel brand and product has unique specifications, Solgen has rated solar panels on a five-tier scale, from Poor to Fair, through Good and Very Good, and ultimately up to Excellent.
Power inverters convert the electricity your panels produce from direct current (DC) to alternating current (AC) power. There are three types of inverters: string/centralized inverters, microinverters, and power optimizers.
The first step to going solar is to register on Solgen to receive and compare multiple installation quotes. These quotes will include a variety of equipment choices, financing options, and solar company reviews. When you find one you’re happy with, your installer will conduct a site visit to assess your property. Once you accept a quote on Solgen, your installer will file the paperwork necessary to have your system approved. The actual installation takes a day or two to complete.
If you are interested in receiving detailed information about how much energy your solar panel system is producing, ask your installer about solar monitoring system options.