» s investing money in solar makes sense?

s investing money in solar makes sense?

03 Mar, 2022 posted by solaretribe

There is a new trend in the world to go natural for everything, similarly, in power, there is no source of power called renewal energy, power is necessity of human life and indication of advancement in human life. All the comfort that we get just because of power, from running factory to making milk, everything is now done through machines using power. The cost of power is going up every year because of scarcity of natural resources hence people are looking for renewal way to product power and that’s how innovation of solar power happened, in solar system, using solar pv modules power is produced.

Largely, there are two segments, Residential (home) and commercial (office, factory, shops) which consumes power, innovation of solarsystem happened long year ago, but from past few years, it is very popular among consumers to install solar system in home. When you use solar system for home, you can run, Air – Conditioners, television, freeze, washing machine, lights, fans, anything that you want during the day, the range of solar system starts form minimum of 1 kw and goes up to megawatt scale.

 

5 kw solar system is the best solar system for home in India and it is also priced well, you can get 5 kw on grid solar system between 3 lacs – 4 lacs with a payback time of 4- 5 years depending upon efficiency of power plant. There are two types of solar system 1) on-gird solar system and 2) off – gird solar system – it comes with storage, that means, you can use it at night as the power is stored in battery,

In India, there are many brands which sell sola PV modules, and solar systems, but these are top 5 brands in solar

1)     Luminous

2)     Microtek

3)     Sukam

4)     Tata power

5)     Exide

If you want to understand in detail, how to know about on-grid and off-grid solar system, watch this video.

https://www.youtube.com/watch?v=uZ8GZ2ZWXh0&t=8s

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