Reduce Your Electricity Bill to ZERO
Using solar power can bring your electricity bill to zero. Just install solar panels on your roof. They turn sunlight into electricity for your home. You’ll need less electricity from the power company, and sometimes, you can even sell extra electricity back to them. This way, your electricity bill can disappear completely.
Initial Installation Cost
The cost per kW multiplied by the size of your solar system (e.g., for a 5 kW system, if the cost is ₹ 60,000 per kW, enter 5 × ₹ 60,000 = ₹ 3,00,000)
*Actual cost may vary
This is the upfront cost to install a solar power system, including panels, batteries, inverters, mounting structures, and labor.
In India, the average cost for an on-grid solar system is approximately ₹ 50,000 to 70,000 per kW
Average Monthly Bill
Monthly average electricity bill is like the typical amount you pay each month for electricity or recharge in case of a prepaid connection
Let's say you want to find the average monthly electricity bill for the past year.
Here's how to do it: Collect your electricity bills for the past 12 months. Add up the amount you paid on each electricity bill for the year and divide it by 12
Subsidy Amount
Central Government provide ₹ 30,000/kW upto ₹78,000 and some state Government provide additional ₹ 15 ,000/kW upto ₹45,000
Hence for a 2kW system, consider ₹90,000
Subsidies are financial incentives provided by the government to reduce the initial cost of solar installations
Electricity Cost Inflation Rate
In India, the average electricity cost inflation rate is between 3-5% per year
This is the annual increase in electricity costs, reflecting the rise in energy prices over time
(e.g., Assuming inflation at 4% rate, if last year for 100 unit (1 unit = 1 kWh) bill was ₹ 600, it will be ₹ 624 this year for the same