WHY SOLAR?
The Sun is an inexhaustible source of light and energy for our planet. Just one hour of it's abundant energy is enough to power the planet's entire electricity needs for an entire year! The technology to harness The Sun's energy is already here. Solar Power in India is a fast growing industry. As of 31 January 2017, the country's solar grid had a cumulative capacity of 9.24 gigawatts (GW) (source). With the average lifespan of solar panels being around 25 years, the real question should be: "Why Not Solar ?"
Savings On Electricity Bills
With electricity costs constantly on the rise, the installation of a solar power system could be the answer to all your energy needs. Solar power systems literally pay for themselves, this means that you can say goodbye to those annoying electricity bills. Our EPC Solar Solutions Company helps you save on your electricity bills and the planet at the same time!
Government Subsidy
The government of India's objective to achieve large-scale deployment of Solar Energy Systems has initiated a solar subsidy scheme to help individuals and organizations procure Solar Energy Systems at reduced capital costs. The solar subsidy in India is set at 30% for educational and medical institutions as well as residential societies. This means faster returns on your solar energy investment.
Greenhouse Gas Emissions During Power Generation
Solar energy is not only sustainable, it is also a clean source of renewable energy. Over the span of its lifetime, a solar energy plant not only produces clean energy but also offsets its initial production footprint. As a leading solar energy company in Mumbai, India; The Solar Man intends on putting solar power plants on the rooftops of every single home, office and industry across the country.
Income Tax Exemption For Solar Power Generation
Income tax benefit on solar power plants in India is based on the concept of accelerated depreciation. Accelerated Depreciation as per income tax department under the IT act for solar projects in India is set at 40% from the 1st of April 2017. Installing rooftop solar panels in India serves a huge opportunity to save on income tax. Our solar EPC ......company Mumbai can help guide you through the process of acquiring accelerated depreciation for solar projects in India.
Energy Independence
Installing a solar energy system on your rooftop ensures that you essentially have an inexhaustible source of electricity that is entirely yours. What's more is that you can use it or sell it to the grid as per your daily energy requirement. Solar energy frees you from the uncertainty of India's power supply. Being one of the premier solar energy companies in Mumbai, we care.
