Transitioning to renewable energy is one of the greatest methods through which you can reduce electricity costs and carbon footprint. A rooftop solar is one of the easiest and the most cost-effective way to meet your energy requirements.
When talking about a solar rooftop plant of 1-kilowatt peak (kWp) capacity, it requires almost 10 square meters or 100 square feet in area, apart from the one-time investment of Rs. 50,000- 60,000. A solar rooftop has a lifespan of 25 years, and a one kWp system generates around 120 units of electricity a month and about 1,300-1,500 units a year, depending on your location.
There are several advantages of transitioning to this clean energy system which will have a massive impact on our environment and economic sensibility. Now below are some of the advantages:
1) Reduced electricity costs: An average household consumes about 3600 units of electricity a year. Whereas, with the help of solar rooftop solutions a plant of 2 kWp capacity generates 2,600-3,000 units annually. This easily means that most households' electricity consumption will turn free of cost after you are done installing a solar rooftop plant and then connect it to the grid via net metering.
2) So under the net metering mechanism, the power generated by the plant is used by the household for consumption, and if any excess power is generated, it is then fed back to the grid. Moreover, if the power consumption exceeds generation, then the meter records that as well.
Hence, when you are near the month's end, you only have to pay for the net electricity that is consumed. If you are wondering what happens to the extra units of electricity, then it is credited to the next month's bill. During the year-end, the power utility pays you for any excess generation.
So it is safe to say that the system ensures that you are only charged for the net power consumed.
3) Appreciation in value and reduced carbon footprint- An investment in solar rooftop will help increase your savings. Moreover, it is an easy and cost-effective way to do your bit to save the environment. With the consumption of every unit of solar energy, it will help you prevent 0.7 kg of carbon dioxide emissions. Therefore when you will install a one kWp solar rooftop plant, it is directly equivalent to you planting two trees in terms of carbon sequestration.
Moreover, if you think you are confused as to how much will you save- then there is a solution to that problem and i.e. solar system calculator. It will help you quickly determine the potential savings you can make when you go solar.