Is there subsidy if solar power is installed at home for electric use?
Question by Joe: Is there subsidy if solar power is installed at home for electric use?
I’m planning to install solar power energy at my home to go green and to save money. So I would like to know the cost of the complete product, which will be the company any mainly will there be subsidy from India Government who install solar panels at home?
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What do you think? Answer below!
2 Responses to Is there subsidy if solar power is installed at home for electric use?
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In comparison to the expense of installing solar power to the saving on bills, it takes about 10 years before you recoup the cost of an installation, and start saving on bills.
nosdda
December 1, 2011 at 12:02 am
According to this article http://www.businessgreen.com/business-green/news/2249045/india-launch-55-per-cent not yet, but perhaps soon.
See also the link in the article for India’s “National Solar Mission.”
If your electricity is expensive, it may still be worth it to do a grid-tied solar install.
roderick_young
December 1, 2011 at 12:14 am