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Showing posts from March, 2021

Loom

  Did you know that Solar Energy today is cheaper than Grid energy electricity? Or that the cost of energy from an Inverter or Diesel Generator is about 2~3 times more than the grid energy that is used to charge the batteries? Depending upon your consumer category and location, you could reduce your monthly bill by up to 40%, sometimes even more. https://www.loomsolar.com/collections/dealers-distributor-business-opportunities-in-india A solar system (with a battery system) of up to 10kW in a capacity that is installed at homes qualifies to be a residential solar system. The investment would be somewhere around Rs. 1,00,000 per kW. The electricity bills of a home are generally Rs. 1,000 per month. Installing a solar system in such an establishment could result in savings of Rs.8,400 per annum. The investment is expected to have an RoI (payback period) of ~10-11 years and the return on investments will be around 8%. You can become a Solar distributor and helps in sustaining the futur...

Investment in Solar Energy

Did you know that Solar Energy today is cheaper than Grid energy electricity? Or that the cost of energy from an Invertor or Diesel Generator is about 2~3 times more than the grid energy that is used to charge the batteries? Depending upon your consumer category and location, you could reduce your monthly bill   by up to 40%, sometimes even more.  Solar is not just a safe investment; it also gives much higher returns than some of the traditional investments we make e.g. FDs, Mutual Funds, Stock Markets, etc. Since the returns on Solar investment are in the form of Savings, it is like having cake and eating it too , All this, right at your doorstep…Errr…rooftop! So, whether you are a savvy financial expert or a conservative investor, the time to go solar is now.  Just make sure the solar modules are kept clean. At our homes, it's as simple as watering the plants. At offices/ industries, it is a quick job for the house-keeping staff. Alternatively, you could have the solar ...

Solar Energy

India has become a hot-selling solar market despite people still facing several major issues. People are interested in installing solar systems but are unaware of their full potential and usually get scared away by minor operational issues or huge investment decisions. The major criticisms/ problems that people in India have against solar are:   i)  People think it is better to open a  bank account  and have your money deposited there, rather than investing in solar.   ii)  People do not have the required space to install a solar system. The majority of people in India  stay on rent , especially in large cities.   iii)  Some people say that their electricity  bill is low  and hence it does not make financial sense to invest in a solar system as the payback period will be longer.   iv)  People want such a solar system that will  not only reduce their electricity bills but will also recharge the batteries  or run a...