Top Myths About Going Solar in Bengaluru

Going solar is not the easiest decision to make, there are several misconceptions that confuse homeowners looking to opt for solar.

Here are the top 3 myths, and facts that debunk them.

Myth 1: Solar is Too Expensive and Not Worth the Investment 

Fact: Investing in solar energy is a lucrative financial opportunity with an approximate 15-30% return on investment (ROI). This as compared to Savings Account (3-4%), Fixed Deposit (5-7%), Gold (10-12%), and Stock Investment (12-15%) is relatively higher. This is due to the current boost by the government in order to promote renewable energy through favourable policies like the PM Suryaghar Yojana and the exemption of customs duties on capital goods for use in the manufacture of solar cells and panels in the country, lucrative prices. Given the rising electricity rates in Bengaluru, solar power offers substantial long-term savings, making it a prudent investment. 

Myth 2: Solar Panels Require Extensive Maintenance to Reduce Electricity Bills 

Fact: Solar panels available in the market right now are designed for durability and low maintenance, with their typical lifespan exceeding 25 years. Bengaluru's climate is highly convenient for the maintenance of solar panels as it generally involves only periodic cleaning with soap and water, making them easy to manage.

Myth 3: Solar Panels Are Ineffective in Cold or Cloudy Conditions 

Fact: The effect of lower temperatures on solar panels is minimal, they in fact tend to perform better in low intensity heat. Panels in the market have an efficiency of around 15-20%, although energy production decreases on cloudy days, advanced components, like the Novasys Alpha Plus panels used by Atria Renewable operate at an efficiency of 21.25% and are designed to capture diffused sunlight efficiently. Such panels undergo electroluminescence testing for high efficiency, to maintain performance even in low light and high temperature conditions. 

For personalized assistance and further details on how solar energy can be advantageous in Bengaluru, reach out to our dedicated solar experts today at 080-62680000 or click here to enquire.