Economically viable for long term investment

One of the greatest benefits of installing solar panels on the roof is that they provide cost savings. The tariff quotes for rooftop solar relative to industrial and commercial tariff rates are 17% and 27% lower, respectively. With the trend in solar being that panels keep getting cheaper, industries opting for solar are bound to see gains in the next few years.

Low maintenance cost

Roof top solar System is a cost-effective system. It simply requires proper cleaning and good maintenance from time to time, which is not even a complicated process. Most solar rooftops have a life expectancy of 25 years which makes them worth the investment. Basically, no major costs are involved.We have a system, an asset management technology that monitors your solar panels’ health and maintenance, so if there is any issue you will be notified immediately.

Reduces carbon foot prints

By installing solar panels, no health hazards are involved and don’t generate any heat-trapping gases that contribute to global climate change. It not only doesn’t generate carbon dioxide but also none of the other harmful emissions or wastes associated with coal – nitrogen oxides, sulphur dioxides, and mercury – are produced.

Greenhouse gas reduction

Solar Power means producing energy through photovoltaic process. The environmental impact of solar power is significantly smaller than other power generation method. No harmful emissions are released into the air when electricity is produced by solar panels This means your small measure can contribute significantly to save the environment. Suitable for Indian climate Our country is situated in such a geographical location that is ideal for receiving ample tropical sunlight. With almost 300 sunny days with clear skies, each year India has one of the best conditions in the world to harness solar energy.

Support from the government & income tax benefits

There’s 40% subsidy on benchmark capital costs on offer for units of up to 3KW capacity, and 20% for larger units up to 10 KW. They provide income-tax benefits for installing such decentralized roof-top power units of 0.5 KW to 3 KW.

Security against frequent power cut

Increasing usage of solar energy would lighten the load on the power grid and therefore ensure grid security. This implies frequent power cuts and more protection from disasters.

Reduction in electricity bills

Installing solar panels for home or office use can reduce your electricity bill. A normal electricity connection relies on coal, oil, and natural gas to power homes across the country. By installing panels on your home’s rooftop saves you economically as well as the environment.Of course, each household is unique and has a different solar panel requirement.There is a misconception that homes must be located in the south to use rooftop panels, however time and again with successful installation, Mahindra Susten has proved that #SolarIsPossibleEverywhere.

How solar panel works?

Solar power converts the light of the sun into electricity via solar panels and an inverter. Solar panels absorb energy from the sunlight to create direct current (DC), and the inverter turns this into alternating current (AC), which is usable electricity for your home.

To absorb energy from sunlight, solar panels use photovoltaic (PV) cells to create an electric field that causes electricity to flow into the inverter.

The inverter is considered to be the heart of your solar power system. It converts the DC output created by your solar panels into AC, which is the standard 240-volt electricity used by your home.

What is Net Metering?

Net metering is an incentive that allows you to store the extra energy produced by your solar photovoltaic system in the grid system, in exchange for credits. The credits can be used to “take back” energy from the grid in situations when the solar PV system cannot produce sufficient energy due to factors like low sunlight. It is a quite simple technique that helps bridge the differences between needing more energy at a moment and generating more than required at the other during any particular year. For instance, in India, most areas receive bright sunlight during the summer months, whereas the same areas receive a low income of sunlight during the winters. Net metering allows establishments with solar PV systems to store the extra energy produced during the summer months in the grid, and then “take back” energy from the grid when the cold winter comes along

How does net metering work?

To use net metering facilities, the solar PV system needs to be connected to the utility grid via the main service panel of the consumer and the meter. The meter should be a bi-directional meter, as when more power is generated by the solar PV system than required, the excess power can be returned to the grid by reversing the meter from its normal direction. Since the meter works in both directions, one can get readings of both power purchased (when demand on-site is greater than the on-site power production) and power returned to the grid (when demand-on site is less than the generation on-site). The customer pays the “net” of both transactions.

Solar EPC

The Company offers Design, Engineering, Procurement, Installation and Commissioning services under Turnkey Solar EPC Solutions for Utility-scale Ground-mounted, Rooftop and CAPEX as well as OPEX projects.

Capex

CAPEX (Capital Expenditure Model) CAPEX is the most common form of solar power plant business model in India. In this model consumer generally hire a solar EPC company who provide turnkey installation of entire solar power system and hand over assets to consumers Allows residential, industrial and commercial customer to own the system

Opex

OPEX model, a Renewable Energy Service Company (RESCO) invests, builds and maintains an onsite solar plant. The customer pays for the power generated under a long-term power purchase agreement (PPA) at an agreed tariff for a fixed tenure.