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People in India are most worried about their electricity bill and are searching for a good permanent solution. Its solution is on grid solar system which reduces our electricity bill by 90% and the best thing is that the government is also supporting on grid solar solutions by providing PM Surya Ghar Scheme subsidy. If you are looking for a reliable solution for your home and business then you will not be surprised by on grid solar system. Let us see how on grid solar system works, what are the benefits and the process of installing it. How much is PM Surya Ghar Scheme subsidy and what is its process?
What is on grid solar system?
On grid solar system is a setup that is directly connected with the electricity grid.
And I don't have any backup plan. When the solar panel is not able to generate enough power, the tab system automatically takes electricity from the grid to meet your demand. It reduces electricity bill by up to 90%. On grid system is also called grid tied system. The main hero in this system is net metering.
How does On Grid Solar System work?
Solar panels- Solar panels are installed on the rooftop which convert sunlight into electricity.
Inverter- DC electricity is generated from solar panel which we do not use for our use, hence inverter converts DC electricity into AC electricity which is used for our use.
Net Meter- Net meter helps us to know how much electricity we have used and how much is still saved.
Grid Connection- Grid is used during solar day and is used to save electricity for night.
Benefits of On Grid Solar System
Huge Saving in Electricity Bill- By using on grid solar system, electricity is reduced by approximately 90% and there is a high possibility that the electricity bill may even be reduced to 0%.
Low Maintenance- Maintenance of solar is also very less, every month the panel has to be kept clean and every year the wiring should be checked once.
High ROI- The return on investment of solar panel is very high, in 5-6 years the amount of installed money is withdrawn and then the profit is made because the life of solar panel is 25-30 years.
Government Subsidy- Subsidy is also available in on grid system like PM Surya Ghar Scheme subsidy is also available.
What is PM Surya Ghar Scheme Subsidy?
Pm surya ghar scheme subsidy is a similar scheme from the government side by paying 40% of the cost of solar panel installation itself so that more and more people can adopt ecofriendly source. A total subsidy of ₹1,08,000 has been provided.
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