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On Grid Solar System To Create your own Electricity

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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. know more about On Grid Solar System @ – PowerPoint PPT presentation

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Title: On Grid Solar System To Create your own Electricity


1
On Grid Solar System to Create your own
electricity
2
  • 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.

3
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.

4
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.

5
On Grid Solar System
6
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.

7
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.

8
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

9
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.

10
  • 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.
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