In present times, the world has been adopting renewable power at a rapid rate. India is also emerging in the global arena as a leading generator of renewable energy. In its efforts to move further towards sustainable development, the government has set a target to achieve 175 GW of installed capacity of renewable energy by the end of 2022. Out of this, 100 GW is the target set for solar installations.
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This is an era where more and more people are adopting eco-friendly items. The consumers, especially industrial and commercial consumers, are willing to make capital investments to contribute towards the preservation of the environment. Environment-friendly customers are even willing to pay higher than grid power.
Suitable for Indian climate
Rooftop solar panels utilize sunlight to convert it into electricity. India is situated at an ideal geographical location and receives ample tropical sunlight. There are almost 300 sunny days with clear skies each year in India. Thus, rooftop solar panels are ideal to be used here.
It increases access to energy
Though the deficiency of power in India is decreasing rapidly, still there are many people both in the rural and urban areas, who have improper and unreliable access to electricity. These people are forced to rely on alternatives like diesel generators. These alternatives pose harmful effects on the health and they are volatile in terms of their operating costs. In such a scenario, solar energy serves as an affordable source of electricity. Since rooftop solar panels harness the power of the sun to generate electricity, they are eco-friendly. Furthermore, their cost of operation is also stable.
Support from the government
In order to encourage people to adopt solar energy, the government offers tax credits to those who install rooftop solar panels whether it be for residential or commercial purposes. As per the Ministry of New and Renewable Energy, the government pays 30% of the installation cost as a subsidy to the installer.
They offer cost savings
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Low maintenance cost
The chief factor that accentuates the importance of rooftop solar panels is that they require very less maintenance. They come with a service life of over 20 years if maintained properly.
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