With ever-growing energy needs, factories in India are seeking efficient, sustainable power sources to reduce their reliance on traditional electricity sources. Commercial rooftop solar solutions are among the most efficient and environmentally sustainable solutions for manufacturing and other industries today.
In this blog, we discuss the reasons why rooftop solar systems have become an indispensable element of the country’s industrial energy policy.
Why Rooftop Solar is the Ideal Solution for Factories in India
Close to half of India’s electricity is used by the industrial sector, and thus, power expenses are among the most significant operational costs for factories. In certain areas, with regular tariff increases and unreliable power supply, there is growing interest in factories switching to relatively cheap rooftop solar solutions for a dependable, affordable source of energy.
Solar energy is a long-term solution with minimal maintenance requirements. Solar panels are ideally placed on the spacious roofs of factories, enabling entrepreneurs to generate their own clean energy and increase energy efficiency. Moreover, there are government incentives, such as the net metering policy and accelerated depreciation benefits, that make it an even more attractive investment.
Understanding the Cost of Commercial Rooftop Solar Systems for Factories
The cost of commercial rooftop solar installation for factories is determined by a variety of factors, such as the system size (in kW or MW), solar panel type, inverter quality, and structural design. The cost can be lower for large-scale installations (above 100 kW).
Factories can cover their investment costs through various state and central government subsidies and net metering.
How to Calculate the ROI of Rooftop Solar for Industrial Applications
One should know the return on investment (ROI) before investing in any solar project. ROI here primarily relies on energy consumption, local electricity tariffs, system capacity, and the availability of sunlight.
A commercial rooftop solar solution usually delivers an impressive ROI of 20-30 per cent in a single year. For example, the payback period would be about 4-5 years if a factory spends 1 crore on solar installation can save 20-25 lakh on electricity bills every year. The system will then produce free electricity for another 15-20 years after this period.
Step-by-Step Guide to Installing a Rooftop Solar System for Your Factory
Installing a solar power system in your factory requires careful planning and execution. The breakdown of the process is as follows:
- Energy Assessment: Conducting an energy audit to understand the energy needs and use in your factory.
- Site Inspection: Engineers from the best commercial rooftop solar EPC companies for factories assess the roof structure, orientation, and shading to determine the most efficient layout.
- System Design: Based on the analysis, a customised solar system is designed by selecting appropriate panels, inverters, and mounting structures.
- Permits and Approvals: The required clearances and approvals have been received from the local authorities and DISCOMs (Distribution Companies).
- Installation: Solar panels, inverters, and other materials are installed and connected to your existing electrical system.
- Testing and Commissioning: The system undergoes several quality tests to ensure optimal performance before commissioning for operation.
- Monitoring and Maintenance: Current solar systems are equipped with a remote monitoring solution that allows real-time tracking of performance to maintain stable output.
Top Benefits of Choosing Affordable Rooftop Solar Solutions for Factories
Implementing affordable rooftop solar solutions has several benefits. Some key benefits include:
- Lower Electricity Bills: Produce your own power and drastically save on the power bills.
- Energy Independence: Reduce the use of grid power and ensure your business is not affected by any future rise in tariffs.
- Sustainability: Establish your factory as an environmentally friendly company that supports India’s renewable energy objectives.
- Government Incentives: Take advantage of tax rebates, net metering and subsidies on the installation cost.
- Low Maintenance and Long Lifespan: Solar systems require minimal maintenance and can operate efficiently for 25 years or longer.
- Improved Brand Value: By demonstrating your dedication to green energy, you improve your brand value among your clients and partners.
Conclusion
Go green and reduce your operating expenses by investing in long-term energy independence by using rooftop solar for factories in India. Make the first move towards a sustainable future by switching over to using solar energy.
