How Solar is becoming the cheapest energy in India and why you should take advantage of it in 2021
Solar energy is becoming the cheapest energy:
According to the International Energy Agency’s World Energy Outlook 2020, solar energy is now “the cheapest electricity in history”. A major rise is seen in the consumption of renewable sources of energy in electricity. India reached its target of 20GW (GigaWatt) of solar capacity in 2018, according to the Ministry of New and Renewable Energy. Currently, over 34 GW of solar capacity is met in 2020, in India. India is the third-largest producer of solar energy only next to the United States and China. It is one of the most affordable, inexhaustible, eco-friendly ways to source your power or electricity.
India is expected to be the largest solar energy producer in near future. States like Gujarat are leading in adopting solar energy as an alternative energy resource. There are companies that provide the best and reliable solar panel installers in Vadodara. In India, solar production will soon cross the 100 GW milestone of solar capacity. The initiative of the current government, to push more renewable sources of energy that are homegrown, and their various schemes, financial support, has resulted in the rapid growth of consumption of solar energy in India. The eco-friendly lifestyle is no longer a luxury of the privileged. There has been a steady decline in energy costs for solar power making it the most widely used source of renewable energy. Solar cheapest energy source when compared to wind and hydropower.
Cost of solar energy:
The cost of electricity using solar energy in India has recently dropped to as low as Rs. 2.0 per unit. It makes solar the cheapest energy source for electricity. Generally, it approximately costs around Rs 3-6 per unit for electricity in India. With additional monthly fixed charges and surcharges according to usage, electricity bills may burn a hole in your savings. This can be avoided by adopting solar power systems for all your energy & electricity needs. After initial installation cost according to your and your family’s needs and requirements, the cost of solar energy has the lowest price per unit
Solar energy, being a renewable source, has been encouraged by both environmentalists and governments. Various government subsidies are provided for solar energy installation. We at Emissions Free World, also provide you with financial solutions for your solar panel installation and are committed to maximizing the use of solar energy in India.
How to take advantage of Solar Energy:
We are already at a great advantage- given India’s sun exposure and coverage. We see great potential in solar energy that can provide electricity to all our needs. To take full use of this, power your house or businesses with solar energy. It can also be used to electrify your cooling systems during hot summer weather, like refrigerators, air conditioning, etc. The additional advantage of this system is you can have both off-grid and on-grid solar power systems. The off-grid solar system encourages decentralized power systems. It allows you to become independent of your energy source. With only the Sun on your side, you are the owner of your energy systems. Solar power reaches every remote corner of India including rural areas where power cuts are often seen along with high prices for electricity. Sun can power even the places where electricity couldn’t reach and the cost of solar energy is also low.
The rooftop solar panel system is one of the most common installations of solar power. These panels use PV cells to electrify an entire building. There are different types of solar panels: Monocrystalline, Polycrystalline, and Thin-film solar panels. The monocrystalline solar panels are the oldest type of solar panels and the most developed, expensive variety. While the Thin-film solar panels are the newest yet least expensive of them all. Polycrystalline type is helpful for residential buildings with a wide rooftop area. If you are not sure what kind to use or how many panels of what capacity are required for needs consult us at Emissions Free World and invest in solar cheapest energy today. We provide consultation, and installation of solar panel systems.