Rooftop Solar Power Plant Cost

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.

Rooftop solar power plant cost.

Installation costs around 8 for a typical rooftop pv plant. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. Rooftop solar power plant cost. With a solar ppa it s like having a power plant on your roof only that power comes from a big ball of fire about 92 96 million miles away.

55 60 per watt depending on the quality of components chosen we have given ballpark numbers for the costs of rooftop power plant components below and this holds for 2016. Joining a community solar farm can be a great option if your roof isn t right for solar or don t want solar panels installed on your property. India is on the cusp of a solar revolution and we at tata power solar have been right at the forefront leading the move towards sustainable energy solutions. Average solar irradiation in state is w sq m 1kwp solar rooftop plant will generate on an average over the year kwh of electricity per day considering 5 5 sunshine hours 1.

At present on an average apart from stadium flood lights which runs on dg the stadium consumes 4 lakhs kwh month but with solar installation on an average basis the. Today anyone can set up a solar power plant with a capacity of 1kw to 1mw on your land or rooftop spaces. The installation of the solar rooftop project will help to generate over 1 12 million electricity per year which will lead to 25 of savings in the power consumption cost. Size of power plant.

The cost of a 100 kwp plant installed by a solar developer however can go down to 65 70 lakhs. Solar mango estimates a rooftop solar power plant to cost between rs. Of india mnre latest guidelines state that now anyone can generate electricity through solar power system and surplus electricity can be export through net metering system. Power from a rooftop solar system can be much cheaper than the general grid power.

The installation of net metering at the site will connect it to grid via state. Investing in rooftop solutions leads to great savings while protecting the environment. Even if your roof is good for solar enrolling in a community solar project can still be worth it if the costs are low and the contract terms are beneficial. Tata power solar offers solar rooftop for home.

The longer you use it the higher will be the return of investment. Save and earn from your idle rooftop space. The actual amount you pay for the solar energy that s produced on your roof depends on your location and the solar company you work with but typically the solar company will charge you a lower rate. Also there is no fear of power costs increasing as is the norm with grid power.