With ever-increasing power demand in India and the burgeoning costs to meet that, the idea of homemade electricity by harnessing energy from the Sun looks more and more attractive. In what follows, we will be looking into why Solar Rooftop makes the most sense for a country like India where 17% of the world population resides in 2.4% of the total land area of the world.
Residential Solar Installation makes the most sense in India due to many factors. India has the highest electricity production per kilowatt solar installation is the highest compared to any other country in the world. This is because of India’s geographical location on account of which it receives abundant tropical sunshine and clear skies 300 days a year.
Unlike other renewable sources like hydel and wind, Rooftop Solar panel doesn’t require high initial investment which allows ordinary households to generate their own electricity. Solar panels for roofs are now very cheap due to intense competition. Moreover, solar panels on roof don’t have any moving parts which mean freedom from constant upkeeping. On-grid Solar Rooftop system doesn’t require batteries which are expensive and require regular maintenance. Thus, maintenance cost is out of the equation when considering Solar PVs. Residential solar installation operates for over 25 years which more than covers the investment cost. In fact, breakeven for an on-grid solar PV system is achieved in merely 5 years. By installing solar rooftop panels from reliable energy providers, household energy bill can be reduced by up to 50%.
On-grid Solar PV system can draw electricity from the grid when the sun is not available like during night-time. Moreover, it generates most power during peak usage time. It also reduces distribution, transmission and conversion losses since the energy is consumed at the point of generation. This ensures stable power supply.
Unlike large Solar Parks, residential solar installations don’t need large tracts of land which is scarce in India. Also, Power generation from the sun doesn’t produce waste like greenhouse gases as in thermal power plants or radioactive by-products as in the case of nuclear plants. It is the greenest and safest energy source and it beats all other options of power sources for a country that is forecasted to become home to the largest population in the world by 2022.