FAQ

The amount you can save on your electricity bills each month by using SOR-power solar energy depends on various factors, including:
System Size: The larger the solar power system, the more energy it can generate, potentially covering a higher percentage of your electricity needs.
Sunlight and Location: The amount of sun your location receives directly affects the efficiency of your solar panels. Regions with more sunlight generally result in higher energy yields.
Energy Consumption: Your current energy consumption is a critical factor. Higher usage may require a larger solar system to offset your needs and achieve significant savings.
Local Utility Rates: The rates you pay for electricity from your utility company impact your potential savings. Higher rates often mean more substantial savings through self-generated power.
Incentives and Rebates: Government incentives, tax credits, and rebates can substantially reduce the upfront costs of installing solar panels, contributing to overall savings.
Net Metering Policies: Favourable net metering policies in your area enable you to earn credits for the excess energy your solar system produces, potentially leading to additional savings.
System Efficiency and Maintenance: The efficiency of your solar panels and how well you maintain the system over time can directly influence its performance and, consequently, impact your overall savings.
Let us understand this with an instance. In standard Indian scenarios, a 1 kW solar system is anticipated to produce around 4 units of electricity daily on an annual average, totalling 120 units monthly.
For residential consumers, electricity rates can vary from 4 to 9 rupees per unit. Assuming it to be 8 rupees per unit, the calculated value of 120 units is (120*8) = Rs. 960.
Consequently, the installation of a 1 kW solar system is projected to result in monthly savings of Rs. 960.