Solar power is one of the most sustainable forms of energy. When you install a solar system, you choose from 3 types of solar power systems – On-Grid, Off-Grid and Hybrid. However, most consumers prefer on-grid solar systems to enjoy the benefits of net metering policies and avail credit on their electricity bills.
What is an on-grid solar system?
An on-grid solar system or a grid-tied system is a solar power generation system that is connected to the local utility grid. This is the popular choice for corporates and commercial consumption as individual fluctuations – lesser or more – in energy production, get covered by the utility grid. Excess energy is sent to the grid’s power company in exchange for credit which can be cashed out at the end of a year. This is called net metering. As per the feed-in-tariff rates in your vicinity, you’ll be compensated for the extra power fed back to the grid. On the other hand, if your solar electric system is producing less power than you need, you can draw additional power from the grid. On-grid system also does away with the need to install battery back-ups.
How much does an on-grid solar system cost?
An on-grid solar system costs around INR 45,000 to INR 65,000 per Kilowatt in India but the price varies according to the brand you chose. On an average, the on-grid rooftop solar system will cost you about Rs. 75 per watt.
Benefits of on-grid solar system
The various benefits include:
- Significant reduction in electricity bills
- Hassle-free installation
- Easy maintenance as the system does not require batteries
- Longer life than an off-grid system
- Government subsidies on installation of grid-tied rooftop solar systems
- Advantage of net metering
How to get a subsidy?
Do you own an electricity meter? Do you have a valid identity proof and property papers to go through the installation of a grid-connected and battery-less solar system?
If your answer to both the questions is yes, then you are entitled to claim for subsidies and other incentives from the government.
However, the only thing to keep in mind is that an on-grid solar system won’t perform or generate electricity during a power outage. If the on-grid system continues to supply energy to the grid, the lives of the people working on the damaged grid will be at great risk.
There are several advantages of installing an on-grid solar system, which is why, many business owners, organisations and corporate customers are shifting to this eco-friendly lifestyle. By installing a grid-connected solar system, you are not only choosing an eco-friendly life, but also availing of credits on your electricity bills, courtesy net meters. Currently, this program is a huge success in Spain, Australia, Canada, Denmark, Italy and The United States. In India, it is still in the process but it is expected that very soon, on-grid solar power systems will change the face of the energy industry in the country.If you need a trusted partner who can help you switch to solar in a hassle-free way, VEMCO Solar is there for you. We offer end-to-end solutions and have empanelled channel partners with the Ministry of New and Renewable Energy, Government of India, for solar PV rooftop, small power plant system integrators and installation. Guided by the knowledge gained by VEMC over 72 years, our aim is to be by your side at every step of the way. VEMC is ISO 9001:2015 certified and a pioneer in the field of electromechanical engineering products, allied equipment, and services. Depending on your requirement, we provide off-grid, on-grid and hybrid solar system solutions as well. Just contact us on +91 98199 07445.