Mysore(or Mysuru) is a south western city in Karnataka , which has a rich cultural history from the time of the Wodeyar kingdom. The city is well known for its greenery, cleanliness and progressive developments in terms of business and trade.
As per the Karnataka Electricity Regulatory Commission(KERC), the Average Cost of Supply for the State for 2024 (FY24) has increased to Rs.9.12 per unit(kWh) for residential consumers. In Mysore, 70% of homes have a 3kW sanctioned load and 25% of homes have 1kW or 2kW sanctioned load.
Best Rooftop Solar panel Installation in Mysore
The economics of rooftop solar energy in India has become extremely compelling. It makes great sense for commercial and industrial customers to use rooftop solar energy as it has become much cheaper than the grid electricity. You can convert your own property into a revenue-generating avenue by investing in solar and achieving ROI in just 4-5 years.
Solar Panel ( PV Panel) price in Mysore
Solar power continues to be the most preferred resource for renewable energy. The price of solar panels varies with the technology, type, size, scope of government subsidy etc.
We also provide high quality DCR(Domestic Content Requirement) PV panels - endorsed by Ministry of New and Renewable Energy(MNRE), India as part of 'Make in India' plan.
Practical Solar power generation
Solar power system is looked as an independent of power solution by many and similarly a lot believe it to be a power backup solution. Technically both are true as the solar system can independent power source also work along with your existing connection.
There are majorily 3 types of solar system implementations: Off Grid Solar Power System, On Grid Solar Power System and Hybrid Solar Power System.
Off Grid Solar Power System :
Such system are deployed where the power outage is too frequent, or long power cuts or low voltage conditions. Also places where getting electricity to reach is still a challenge, such a solution is a boon. Subsidy in such a case is not an option.
On Grid Solar Power System :
This system is connected with the Grid and is provisioned to avail subsidy. More interestingly the MNRE has recently introduced a new process that will help the home owners to avail the subsidy by getting few entries along with the digital pic of theirs on a specified portal. This initiative has made the entire process for users very convenient and simple. Users who want to leverage the subsidy and the benefits of lower electricity bills tend to avail this.
Hybrid Solar Power System :
Hybrid is a combination of above 2 with the help of certain control mechanisms.
Solar Subsidy in India - Explained
To boost the usage of solar energy in the residential sector, India has a solar subsidy programme in place. It reduces the financial burden of installing solar panels, by providing financial assistance to consumers.
With this incentive, residential consumers can save up to 40% of their installation cost. Moreover, individuals from across the country can apply for these grants. But how much is the incentive and how can individuals claim it? Let’s understand it further.
How much is the Solar Subsidy in India?
Solar energy systems with a capacity of up to 3 kW are eligible for a subsidy
How Can We Help?
At SVB Solar, helping our customers gain maximum benefit is our top priority. We will help you get the subsidy benefits if you are eligible.
SVB Solar - The best Solar Dealer & Installer in Mysore, Karnataka
As a modern player in the field, we are the best Solar Dealer & Installer in Mysore. Reach out to us for a customised quote which will maximize your ROI and benefits.
Get your free consultation & quote today!