Do you know why 2024 is the right time to consider solar panel electricity as a powerful medium to save on your electricity bills?
With the Government increasing the subsidy on rooftop solar panels by 60%, house owners whose consumption is less than 300 units will get the benefit of free 300 units per month and can save up to Rs, 15,000 to Rs. 18,000 annually. Read on to find out how you can install a solar panel easily and then reduce the electricity bill to up to 0 in the long run.
How does a solar panel generate electricity?
First let’s understand how a solar panel generates electricity. Solar panels operate on the simple principle of converting sunlight into electricity through photovoltaic cells. As the sun’s rays hit these cells, electrons are set into motion, generating a flow of electricity. Solar technologies capture the radiation emitted by the sun and turn it into energy.
There are 2 types of solar energy technologies; Photovoltaics (PV) and Concentrating solar-thermal power (CSP).
With respect to Photovoltaics (PV), energy from the sunlight is absorbed by the PV cells in the panel. This energy creates electrical charges that move in response to an internal electrical field in the cell, causing electricity to flow.
Concentrating solar-thermal power (CSP) systems use mirrors to reflect and concentrate sunlight onto receivers that collect solar energy and convert it into heat, which is then used to produce electricity.
How much electricity can one solar panel produce?
On a good sunny day, an efficient 1kW solar panel system, with an installation cost of approximately ₹50,000 per kw, can generate about 4-5 units of electricity, which is around 120 units of electricity per month. The daily electricity production produced by solar panels can vary based on weather conditions.
What are the advantages of generating electricity through solar panels?
1. Clean and renewable energy source
2. Can be used for various purposes like electricity, supply water, etc.
3. Easy to maintain – solar panels need to be cleaned just twice every year!
4. Save on monthly electricity bills
5. Long term investment with good savings
Adoption of solar panel electricity and subsidy
Recognizing the potential of solar energy, the Govt of India has taken significant steps to encourage its adoption. Under the Pradhan Mantri Suryoday Yojana scheme, the rooftop solar subsidy has now been increased to 60% in the latest interim budget, making solar energy more accessible and affordable for homeowners. The subsidy for the northeast and hilly states across India will be 70%.
The finance minister projected that 10 million beneficiaries of the scheme could save annually between ₹15,000 to ₹18,000 through the generation of 300 units of free power via the rooftop solar installations.
The initiative by the Govt not only encourages house owners to adopt solar energy and save annually, but also transition towards cleaner and sustainable energy sources and contribute to the environment.
Adding more power through wind!
The conventional methods of generating electricity for households have been through the ones supplied by the respective state electricity departments (like BESCOM, TANGEDCO, etc) and for the energy and environment conscious consumers, solar panels have been the go to source for generating electricity. What if you could generate electricity from an additional natural source like wind from the convenience of your home?
Introducing Suryavya: A hybrid power source
Suryavya (a combination of surya and vayu) is a hybrid renewable energy device that produces electricity through both wind and solar energy. Suryavya is not just a device; it is a game-changer in the field of renewable energy. This hybrid product is designed to seamlessly integrate both solar and wind energy to produce electricity efficiently.
Suryavya’s dual source advantage
The unique aspect of Suryavya lies in its ability to harness both solar and wind energy, ensuring a constant and uninterrupted power supply. During the day, when the sunshine is at its best, electricity is drawn from the solar panels, capturing the maximum energy potential. As the day transitions into night, Suryavya effortlessly switches to wind energy, generating power. Depending on the conditions, even a fan speed could help in generating electricity!
Unlike the existing solar panels and other energy sources, this device operates initially on 1 KW wind energy and 500 Watts solar energy and can be scaled up to the user’s requirement.
Using both the sources results in a reliable and stable power supply for the consumers. It also reduces dependence on conventional sources and mitigates the impact of rising electricity tariffs across the states.
How does Suryavya work?
The device produces DC current through a generator and an electric converter changes DC to AC current with steady voltage and this current is stored in a battery. As and when the power is required, the current stored can be used.
Setup and maintenance
The device can be set up easily and only requires minimal maintenance. You just need to apply distilled water to the battery and clean the solar panels regularly.
The cost advantage
By drawing electricity from both solar panels and wind energy, Suryavya not only reduces your electricity bill on a monthly basis but also adds to your savings in the long run. In fact, you can reduce your electricity bill by up to Zero (depending on the power requirement of your household and the climatic conditions). The initial investment in this innovative device pays off over time and it’s an investment towards a cleaner and greener future. Read more about how how power tariffs are being revised in every state and how you can reduce your electricity bills here.
Conclusion
In conclusion, with the Govt increasing the subsidy on rooftop solar panels, now is the right time to save on electricity through solar panels and along with that you could also rely on a hybrid renewable energy device like Suryavya. The device not only optimizes your solar panel electricity bills, but also generate electricity additionally through wind energy and increases your savings and contributes towards a sustainable future.
Schedule your Suryavya demo today!
Embark on the journey towards a sustainable and cost-effective energy solution. Schedule a demo of Suryavya today and be a part of the movement towards cleaner, greener, and affordable energy consumption.
Your choice today shapes the energy landscape of tomorrow!