Savings from solar

•Forget about electricity bill for next 25 years and power tariff increase.

• No separate permissions for LT load side integration if no grid export (as solar UPS). Quick roll out time.

•In case of grid connected system, surplus power can be exported with suitable permissions and government pays Rs 9.56 per unit for such power in Karnataka.

•Presently no subsidies at central level.

•Earn money for every unit of power pumped to grid @Rs.9.56/unit. 

•As a business owner if you are installing solar PV you can claim 80% of the depreciation in the first year. 

•Any income received from solar energy is tax exempt for next 10 years.