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Should you go for rooftop solar power?
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Your return on investment is based on various factors such as cost, subsidy and electricity price
India has the world’s cheapest solar power, suggests a survey by the International Renewable Energy Agency. Even amidst a raging global pandemic, climate change worries still continue to make the headlines. Carbon emissions can be reduced by moving from coal to renewable power such as solar. In the spirit of doing what is in your power to do, should you install a roof-top solar unit? Let’s find out.
Ownership costs
Buying and installing a rooftop unit and associated components is typically how home owners or apartment communities generate solar power. There are various incentives and subsidies provided by Central and State Governments towards the capital cost. For example, the Ministry of Renewable Energy (MNRE) has proposed a subsidy for rooftop solar power plants under the ‘Sustainable Rooftop Implementation for Sol ....

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