The most extensively used type of rooftop solar in the world is an on-grid solar system, often known as a grid-tied solar system. These systems are great for consumers that have reliable grid electricity and few power outages. These systems can be used as the principal source of power in educational institutions, industrial units, and commercial businesses, besides homes. An on-grid system is designed to allow the client to utilize solar energy directly. If the consumer needs additional electricity, it is obtained from the grid.
Net Meters
If the customer’s energy demand is less than the electricity generated by the solar system, the excess units are exported to the grid. This is accomplished through the use of a ‘Net-meter.’ A net meter is an electricity meter that keeps track of how much electricity is exported to and imported from the grid. The net energy consumption is recorded at the end of each month, and the consumer receives a bill. With net meter, an on-grid solar system is a terrific investment with a high return.
Benefits of on grid solar system
1. Significant savings on power bills
With a net-meter in place, the consumer only pays for the excess electricity he consumes. Many of our customers have been able to save up to 90% on their monthly electricity bills.
2. Simple to maintain
The on-grid system’s maintenance is simplified by the absence of batteries. It also eliminates the cost of battery maintenance.
3. Works seamlessly with other power sources
These devices can also work in tandem with an on-site diesel generator. This is critical in case of a power outage
4. Better ROI
Because there are no batteries, the cost of an on grid solar system is cheaper than that of other types of solar systems. The consumer will see a 25–30% solar return on investment due to the low maintenance and savings on electricity bills. This means that for every Rs.100,000 invested in solar, the client earns Rs.25,000.
Freyr’s Specialization in Solar
Being one of India’s leading solar companies, we at Freyr recognize that investing in solar energy for your house can be a major step. No matter where you are in India, our presence ensures that you have a hassle-free experience. Furthermore, because of our empanelment with state nodal agencies, we are able to provide residential clients with solar subsidies.
Frequently Asked Questions
A grid-connected solar system is an arrangement of rooftop solar panels that are tied to a regular grid-based power system. This offers the best of both worlds and makes power outages, almost nil, with a stable line.
Net metering is a way where the meter keeps track of how much solar energy is exported back to the grid. This forms a reading, offers a record of energy generation, and reduces further on grid-based electricity monthly bills.
Here are some benefits of grid connected PV system:
- Hefty savings on power bills
- Easy to maintain
- Works efficiently with other power sources
- Enhanced ROI assurance
Consumers with grid connected photovoltaic power systems save a whopping 90% on their monthly electricity bills.
Yes. On-grid solar systems work seamlessly alongside diesel generators and reduce the probability of a power outage.
A consumer having a grid-connected photovoltaic system can see a 25-30% ROI with a reduced maintenance cost and savings on monthly power bills. In short, for every INR 1 lakh invested in solar power could save INR 25,000 – 30,000.
Freyr Energy is a renowned name specialising in providing solar panels to both residential and commercial operations. Our pan-India presence allows us to provide services across the country in terms of the installation of solar panels and assisting customers in all possible ways.