On Grid Solar System To Create your own Electricity

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On Grid Solar System to Create your own
electricity
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• We already started to save electricity by using
  renewable resources.
• Its time to earn from electricity generated by
  these resources.
• Nowadays solar net metering concept growing
  rapidly all over the world .
• In this we use On Grid Solar System to generate
  electricity using solar.
• It is an great opportunity to invest into
  renewable energy for our sustainable future and
  reduce our electricity bill.

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What is On Grid Solar System?

• Like Off grid solar system, On Grid Solar System
  do not stores generated electricity in batteries.
  
• Instead of storing electricity its is directly
  used to powering the lights, appliances and
  electronic devices in your home.
• On grid system generates electricity whenever sun
  shines and whenever system dont produce
  electricity at that time it is directly supplied
  from utility grid.

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Why On Grid Solar System?

• Earlier battery bank was required to store the
  power and use the electricity as and when
  required.
• But due to battery, system cost increases and
  maintenance cost is recurring high.
• Life of battery is not more than 5 years which
  means after every 5 years invest into new battery
  bank, which hampers the ROI. Optimum usage of
  system is not possible.

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On Grid Solar System
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What is Solar Net Metering?

• In Off Grid Solar System we store produced
  electricity in storage battery.
• Major drawback of off grid solar system is that
  we cant store excess amount of electricity.
• Solar net metering is nothing but the upgraded
  version of off grid solar system.
• Government of Maharashtra has declared a new
  policy in solar that is Solar Net Metering.
• Which simply means that we install Solar Power
  Pack system on our terrace, generate our own
  electricity feed into state electricity board
  and reduce our electricity bill by the number of
  units we export.

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How Solar Net Metering Works?

• Solar net metering uses on grid solar system
  which consist of Solar Panels, Charge
  Controllers, Inverters
• Junction Boxes, LT HT Panels, Cables
  Accessories, Structure Fittings Accessories.
• Whenever system generates electricity more than
  required use, then the excess amount of
  electricity then delivered to the utility grid.
• The delivered electricity is then credited to you
  at the same retail price that you pay for the
  electricity you take from the utility grid.

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Benefits Of On Grid Solar System

• Less expensive as battery not required
• Any amount of load can be operated
• Minimum loss of electricity due to high
  efficiency Grid-Tie Inverters
• Reduces cost of operations and maintenance of
  generator set
• Stable and adequate supply of electricity
• Optimal use of all available energy resources
• Reduces reliance on fossil fuels
• Cleaner and healthier energy
• Uninterrupted power supply

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Tax Benefit On Solar Net Metering System

• As an icing on the cake, government has declared
  a 80 accelerated depreciation on Solar Net
  Metering System.
• Which means it will save our Income Tax by approx
  25 of investment.
• But the benefit is only for limited period,
  therefore need to act as a go getters, foresee
  the benefit and take advantage of the opportunity.

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• Solar and Wind are continuously, abundantly and
  freely available source of energy which is
  generated over and over again.
• Hence these have became very popular among the
  Indians.
• Renewgreen Energy Private Limited company has
  been established with mission of connecting and
  reaching the common people with the importance of
  Solar and Wind Energy.