Zero Electricity Bill | No need to pay electricity bill… Just fit ‘it’!

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Summer is coming. In such a situation, heavy electronic devices like air conditioner, fridge, AC etc. are running continuously and the electric bill will get shocked. With electricity charges already being hiked elsewhere, the current bill is nothing short of shocking. In such a situation, if you want to save money, install solar panels on the roof of the house. This will not only save you money but also contribute to the environment. The central government gives subsidy money to set up solar panels.

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Central government wants to promote green energy. Ministry of Renewable Energy has launched this scheme. Under this, the government is providing subsidy for setting up solar panels. If you want to install solar panels, you first need to estimate your electricity consumption. By knowing how many units of electricity are used per day in your home. Accordingly solar panel will be installed in your house.

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Electricity requirement

Let’s say your house has appliances like 3-4 electric fans, a refrigerator, 6-7 LED lights, a water motor and a working TV. So 6-8 units of electricity have to be spent daily for this. A two kilowatt solar panel will fulfill this requirement of yours. Because a two kilowatt solar panel can generate 6-8 units of electricity every day. Now coming up with monopark bifacial technology solar panels. It generates power both front and rear.

The cost of setting up a solar panel

40% subsidy available for setting up 2 kW solar panel. It costs 1 lakh 20 thousand but after subsidy you have to spend 72 thousand rupees. In this you will get a discount of Rs.48,000 from the government. On the other hand, if solar rooftop is installed up to 500 KV, the central government will provide 20% subsidy on it. The lifespan of a solar panel is 25 years. In such a situation, by installing a solar panel, you can get rid of the electricity bill for a long time.

Also read: What is the minimum balance to keep in banks… How much is the penalty? – Full details

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