In Kerala, solar energy is gaining popularity due to its potential for cost savings and environmental benefits. Making the move to solar power has both financial and environmental benefits, from lower electricity costs to government incentives. This article will provide you with a thorough explanation of how solar panels can save money.
Initial Investment Costs
The upfront costs of installing solar panels in Kerala typically include expenses for panels, inverters, mounting structures, wiring, and labour. For a grid-tied system, homeowners should budget between ₹75,000 and ₹85,000 per kilowatt (kW) of solar capacity. For a typical Kerala household, a 3 kW system might cost between ₹2.25 lakh and ₹2.55 lakh. Although this upfront investment may appear high, it is outweighed by the long-term electricity bill reductions and other advantages. The size, direction, and structural support needs of the roof also affect installation costs. To ensure durability and efficiency, selecting high-quality tools and skilled professionals is vital.
Government Incentives and Subsidies
The Government of Kerala strongly encourages the use of solar power by offering incentives and subsidies. Under the Ministry of New and Renewable Energy (MNRE) schemes, homeowners can receive a subsidy of up to 40% for rooftop solar installations up to 3 kW and 20% for systems between 3 and 10 kW. Additionally, to enhance the economic viability of solar systems, the Kerala State Electricity Board (KSEB) assists with net metering setups. Due to these incentives, solar energy has become an achievable option for numerous individuals, significantly reducing upfront costs and promoting households to transition to renewable energy sources.
Net Metering Benefits
Homeowners can feed extra power produced by their solar panels back into the grid under a scheme called net metering. This surplus energy earns credits, which are then deducted from future electricity bills. For instance, any surplus energy is sent to the grid when your solar panels generate more power throughout the day than your home consumes. This approach helps solar customers in Kerala save more by ensuring they only pay for the energy they actually use. By using net metering effectively, households can significantly lower their monthly electricity bills.
Long-Term Benefits and Savings
Solar panels bring long-term savings and various benefits, making them a valuable investment for both homeowners and businesses. Here are some of the key benefits.
Reduced Electricity Bills
A major benefit of solar panels is their ability to reduce electricity costs. A 3 kW solar system can typically generate 12–15 units of electricity daily, enough to meet the energy needs of an average household. Depending on electricity tariffs and usage, this might save between ₹15,000 and ₹20,000 over a year. As electricity rates continue to increase, the long-term savings from solar panels make them an even smarter financial choice.
Increased Property Value
Solar panels can enhance your property’s value. Energy-efficient homes are increasingly in demand, and properties with solar panels often command higher market prices. For prospective buyers, a home with solar power represents reduced utility costs and environmental responsibility.
Low Maintenance Costs
Solar panels need little maintenance; they usually just need to be cleaned occasionally to get rid of dust and other debris that could lower their effectiveness. With inverters lasting around 10 years and most panels covered by a 25-30 years performance warranty, replacements are infrequent. In Kerala, the relatively low maintenance costs translate to long-term savings with minimal recurring expenses.
Environmental Benefits
By embracing solar energy, homeowners in Kerala not only reduce their carbon footprint but also actively contribute to the state’s renewable energy goals, promoting a greener future for all.
Reduced Carbon Footprint
Kerala has set high goals for renewable energy as part of India’s efforts to promote sustainable growth. By installing solar panels, homeowners can help the state achieve its renewable energy goals, reduce reliance on non-renewable sources, and support the transition to greener energy solutions.
Contribution to Renewable Energy Targets
Kerala’s renewable energy goals align with India’s mission for sustainable development. Homeowners who switch to solar energy contribute significantly by reducing the state’s reliance on non-renewable sources and advancing the shift to cleaner, sustainable power.
Important Considerations
When installing a solar system, it’s vital to consider the quality, installation, and maintenance requirements of the panels, as well as energy storage options, to ensure reliable and long-term performance. Here are the key considerations:
Quality and Durability of Solar Panels
Kerala has a tropical environment with high humidity and a lot of rainfall, thus solar panels that can withstand these harsh circumstances are needed. Solar panels with corrosion-resistant features are particularly suitable for Kerala’s unique climate challenges. Peace of mind and long-lasting performance are guaranteed when you choose reputable brands.
Installation and Maintenance Requirements
Accurate installation is essential for solar systems to function at their best. Qualified professionals ensure the panels are securely installed and positioned to maximize sunlight exposure. Regular upkeep, such as cleaning and inverter inspections, guarantees continued effectiveness and reduces any problems.
Battery Backup and Energy Storage Options
In areas prone to frequent power outages, pairing solar panels with battery storage ensures energy independence. Battery backups store excess solar energy generated during the day, offering a reliable power source at night or during outages. Although they increase the initial cost, they boost reliability and can result in substantial savings in the long run.
How Much Do You Save by Installing Solar Panels in Kerala?
Installing solar panels in Kerala can lead to significant savings on electricity bills. Here’s an updated table illustrating the estimated monthly and annual savings based on the system’s capacity:
| Solar Panel Capacity | Estimated Monthly Savings* | Estimated Annual Savings* |
| 1 kW | ₹1,100 – ₹1,350 | ₹13,200 – ₹16,200 |
| 2 kW | ₹2,200 – ₹2,700 | ₹26,400 – ₹32,400 |
| 3 kW | ₹4,700 – ₹5,200 | ₹56,400 – ₹62,400 |
| 4 kW | ₹7,400 – ₹8,300 | ₹88,800 – ₹99,600 |
| 5 kW | ₹9,200 – ₹10,200 | ₹110,400 – ₹122,400 |
| 6 kW | ₹11,000 – ₹12,000 | ₹132,000 – ₹144,000 |
*Savings estimates are based on average electricity consumption and rates in Kerala. Actual savings may vary depending on individual usage patterns and local electricity tariffs.
These figures demonstrate that higher-capacity solar panel systems can lead to greater savings, making them a worthwhile investment for households with higher energy consumption.
Kerala-Specific Information
Kerala implemented advanced solar regulations to encourage the use of renewable energy. The Kerala government’s Solar Connect Program simplifies the installation process for grid-connected solar systems. Simplified net metering procedures and access to state and central subsidies are further advantages for homeowners.
Kerala is ideally suited for solar energy generation due to its abundance of sunshine, which averages four to five hours a day. To guarantee durability and functionality, however, strong mounting frameworks and watertight installations are necessary due to the monsoon season’s intense rains.
It is crucial to take into account a solar provider’s reputation, level of experience, and after-sales support while selecting one in Kerala. GSL Energy Solutions is a trusted solar company in Kerala, offering comprehensive solar solutions for both homes and businesses. With a focus on quality and customer satisfaction, GSL Energy Solutions ensures its installations meet high standards for durability and efficiency. Our staff also specialises in replacing and repairing solar equipment, upholding warranties and offering knowledgeable advice for sustained savings.
Conclusion
Installing solar panels in Kerala is a wise choice, offering not just energy independence but also significant savings and environmental benefits. The benefits of solar energy are indisputable, ranging from lower electricity costs to government subsidies and a more environmentally friendly future. With GSL Energy Solutions, switching to solar is easier than ever. Our installations are customized to meet Kerala’s unique climate and energy needs.
Join the growing movement toward sustainable and affordable living by making the switch to solar today.
