should you invest in solar in india

Should You Go Solar in India? Helpful Beginner's Guide to Home Rooftop Solar.

India, with its vast geographical expanse and abundant sunlight, has long been a natural contender for the adoption of solar energy. In recent years, solar power has become an increasingly popular choice for homeowners across the country, especially in urban and semi-urban areas. But is it the right time for you to switch to solar energy? Is it feasible? And what are the practical steps involved in installing a rooftop solar system? As an industry professional, I’ll walk you through everything you need to know, addressing common concerns, potential benefits, and the process of adopting rooftop solar power for your home. This beginner’s guide aims to simplify your decision-making process and help you make an informed choice about solar energy.

Why Should You Go Solar in India?

  1. Abundant Solar Energy Potential

    India is blessed with abundant sunshine, receiving 4–7 kWh/m²/day of solar energy on average, depending on the region. This means solar power has immense potential, especially in states like Rajasthan, Gujarat, Maharashtra, Tamil Nadu, and Andhra Pradesh, where sunlight is almost year-round. Installing a rooftop solar system allows you to tap into this free and renewable resource, drastically reducing your dependence on the grid.

  2. Economic Benefits: Reduction in Electricity Bills

    One of the primary reasons homeowners are shifting to solar energy is the significant reduction in electricity bills. In India, electricity tariffs are on the rise, with many states witnessing hikes every year. With a solar rooftop system, you can generate your own electricity, and in turn, lower your monthly energy costs. The cost of solar technology has also reduced significantly over the past few years. A typical 3kW to 5kW rooftop solar system can cost between ₹1,50,000 and ₹3,00,000, including installation, subsidies, and other charges. Over a period of 5 to 7 years, you can recover the cost of installation, and after that, your solar energy system essentially becomes free. The savings on electricity bills could range from ₹10,000 to ₹15,000 per month, depending on the size of the system and your energy usage.

  3. Government Incentives and Subsidies

    The Indian government is actively promoting the use of renewable energy sources, and various incentives have been introduced to make solar adoption more accessible. Homeowners can avail of subsidies through schemes offered by the Ministry of New and Renewable Energy (MNRE). The subsidy can be up to 30% of the total cost of installation for residential users. Additionally, many states provide net metering facilities, where you can sell excess power generated by your solar system back to the grid, further adding to your savings.

  4. Environmental Impact: Reducing Your Carbon Footprint

    As a country, India heavily relies on coal-fired power plants, which contribute to air pollution and climate change. By installing a solar system, you are reducing your carbon footprint and making a tangible contribution to a cleaner, greener environment. A typical 1 kW solar system can offset around 1.5 to 2 tons of CO2 emissions annually. This not only helps the planet but can also enhance your social image as an environmentally-conscious homeowner.

How to Get Started: Step-by-Step Guide

  1. Assess Your Roof’s Suitability

    The first step in considering a rooftop solar installation is to assess whether your roof is suitable for a solar panel setup. Here’s what to check:

    • Roof Area:

      Solar panels need sufficient space. For a 1 kW system, you need approximately 100 square feet of space.

    • Orientation and Angle:

      Roofs facing south (in the northern hemisphere) are ideal. The angle of the roof also impacts the efficiency of solar panel placement. Flat roofs may require mounting structures to adjust the tilt angle for optimal solar gain.

    • Shading:

      Ensure that your roof is free of shadows from trees, buildings, or other obstructions that could hinder the solar panels' performance.

  2. Economic Benefits: Reduction in Electricity Bills

    One of the primary reasons homeowners are shifting to solar energy is the significant reduction in electricity bills. In India, electricity tariffs are on the rise, with many states witnessing hikes every year. With a solar rooftop system, you can generate your own electricity, and in turn, lower your monthly energy costs. The cost of solar technology has also reduced significantly over the past few years. A typical 3kW to 5kW rooftop solar system can cost between ₹1,50,000 and ₹3,00,000, including installation, subsidies, and other charges. Over a period of 5 to 7 years, you can recover the cost of installation, and after that, your solar energy system essentially becomes free. The savings on electricity bills could range from ₹10,000 to ₹15,000 per month, depending on the size of the system and your energy usage.

  3. Calculate Your Energy Consumption

    Before choosing the size of your solar system, it’s crucial to understand your household’s energy consumption. Your monthly electricity bills should give you an idea of how much electricity you use. For example, if you consume 300 kWh per month, you’ll need a system capable of generating at least that amount. A typical 1 kW solar system generates around 4 kWh per day on average, meaning a 3 kW system could generate 360 kWh per month.

  4. Choosing the Right Solar System Type

    There are two types of solar power systems available for homes:

    • On-Grid Systems (Grid-Tied):

      These systems are connected to the local electricity grid. Any excess energy generated by the system is fed back into the grid, and homeowners receive credits for the power they supply (through net metering).

    • Off-Grid Systems:

      These are standalone systems that are not connected to the grid. They require battery storage to store excess power for use during non-sunny hours.

    • Hybrid Systems:

      A combination of both on-grid and off-grid, hybrid systems use batteries to store excess energy but can also draw power from the grid when needed.

    For most homeowners in urban areas, an on-grid system is usually the most cost-effective choice, as it doesn’t require the installation of expensive battery storage.

  5. Choose a Reliable Solar Installer

    The next step is to choose a professional solar installer. Look for reputable installers who are registered with MNRE or state agencies, ensuring they follow the necessary quality standards. You’ll need to get quotes from multiple installers, compare them, and check reviews before finalizing your decision.

  6. Understand the Financials

    Although solar energy systems require an upfront investment, the return on investment (ROI) is usually excellent. Apart from the initial cost, there are maintenance and operational costs to consider. However, once installed, the system requires minimal maintenance and can last up to 25 years or more. Most solar panel manufacturers offer warranties of 10–25 years, ensuring that your investment is protected.

  7. Installation and Commissioning

    Once you’ve selected your installer and finalized the design and components, installation usually takes about 5–7 days. The system will then be inspected by local authorities (depending on your region) to ensure compliance with regulations, followed by a commissioning process.

  8. Monitor and Maintain Your Solar System

    After installation, it’s important to monitor the system’s performance regularly. Many solar systems come with monitoring tools or apps that track energy production in real-time. The system should ideally require minimal maintenance, with periodic cleaning of the panels (to remove dust, debris, and bird droppings) and inspections every few years.

Now, India stands 5th in solar PV deployment across the globe at the end of 2022 (Ref. REN21’s Global Status Report 2023 & IRENA’s Renewable Capacity Statistics 2023). Solar power installed capacity has reached around 70.10 GW as on 30-06-2023.

Challenges to Consider

While rooftop solar is a great option, there are some challenges to keep in mind:

  • High Initial Investment:

    Although the cost of solar panels has dropped, the initial investment can still be a barrier for many homeowners. However, with government subsidies, loans, and financing options, the cost can be managed more easily.

  • Roof Suitability:

    Not all roofs are ideal for solar installation. If your roof is small, poorly oriented, or frequently shaded, you may need to reconsider the viability of solar power.

  • Energy Storage Costs:

    If you want to go off-grid or store excess power for nighttime use, battery storage can be costly and add significant costs to your system.

Conclusion

As India moves towards a more sustainable and self-sufficient energy future, solar energy offers a unique opportunity for homeowners to cut costs, reduce their carbon footprint, and contribute to a greener planet. Rooftop solar is an excellent investment, not only financially but also environmentally, as it allows you to harness the power of the sun. If you have the right roof, consume a reasonable amount of electricity, and are ready for the initial investment, switching to solar energy is one of the best decisions you can make. Start by assessing your roof’s suitability, understanding your energy needs, and choosing the right system for your home. As technology advances, going solar will only become more affordable, making this the perfect time to consider solar for your home in India.