Installing solar within one’s premises
Onsite solar systems are installed within the premises where power is being consumed. Vacant land, rooftop or carports and can directly offset the energy consumption. There is no requirement for any additional investment in the purchase of land for the installation of these systems. Since 2016, over 3.82 lakh sq.ft. of dead real estate has been utilized by roof-top solar plants generating savings of INR 15,000 crores. Since the power generated from Onsite solar power plants are consumed at the same location, there are virtually zero losses due to wheeling and transmission of electricity. With industrial power tariffs hovering between ₹6-8.5 per unit and Commercial tariffs more than ₹12 per unit across most states, Onsite Solar offers immense savings on electricity bills. The average pay-back for On-site solar systems are 3-4 years for Industrial tariffs and 2-3 years for commercial tariffs. Moreover, Onsite solar power plants are also the easiest to get approvals for, when compared to offsite solar or open access.