Why Going Solar is a Smart Move for Bangalore Residents

If you're a homeowner in Bangalore considering solar power, here’s why making the switch is both a smart and rewarding choice:

1. Slash Your Electricity Bills

• Current Costs: If you’re paying ₹4,000 per month for electricity, that’s ₹48,000 annually. Over 25 years, this amounts to ₹12 lakhs.

  

• Solar Savings: Installing a 5kW solar system costs about ₹3,00,000. With a subsidy of up to ₹78,000 from the PM Surya Ghar Yojana, the upfront cost is reduced, leading to significant savings. Over time, your solar system can pay for itself and start saving you money.

  

2. Generate Your Own Power

• How It Works: Solar panels convert sunlight into direct current (DC) electricity. An inverter changes this DC power into alternating current (AC), which powers your home’s appliances.

• Solar Advantage: Solar power systems help you reduce dependency on the grid. Opting for a hybrid solar system allows you to store excess energy in batteries, so you have power during the night or during outages. This setup ensures that you’re less reliant on the grid and have a more reliable power supply.

  
  

3. Benefit from Net Metering

• How Net Metering Works: Your solar system can send extra electricity back to the grid. A net meter tracks the electricity you supply and the energy you consume from the grid.

  

• Financial Upside: You earn credits for the surplus energy you export, reducing your electricity bill. Essentially, you pay for only the net energy you use from the grid, maximizing your savings.

  
  

4. Protect Against Rising Electricity Costs

• Long-Term Stability: Solar panels last over 25 years, shielding you from future increases in electricity tariffs. For example, in FY 2023-24, electricity rates rose by 2.2% in Tamil Nadu and 2.9% in Maharashtra.

• Cost Control: By generating your own electricity, you lock in stable energy costs and avoid the financial impact of rising grid rates.

  

  Source: newindianexpress.com

5. Take Advantage of Subsidies and Financing

• Government Support: The PM Surya Ghar Yojana provides a subsidy of up to ₹78,000, making solar installation more affordable.

  

• Flexible Financing: By getting solar from Atria Renewable you can benefit from financing options with interest rates as low as 7.65%. You can pay in easy EMIs, similar to your current electricity bill, easing the upfront cost.

  

  Why It’s a Good Idea for Bengalurians

  Switching to solar power in Bangalore has clear benefits:

• Cut Costs: Reduce your monthly electricity bills and achieve long-term savings.

• Reliable Power: Generate and store your own electricity to ensure a stable power supply.

• Earn Credits: Use net metering to get credits for surplus power and lower your overall bill.

• Future-Proof: Protect yourself from rising energy rates with a long-lasting solar system.

• Subsidies & Loans: Benefit from government subsidies and affordable financing options.

  Going solar is not only a smart financial decision but also an investment in a more sustainable future. With the support available, now is the ideal time to explore solar power for your Bangalore home.