Guide to Solar Panel Installation in Cities: Challenges Plus Solutions - FreyrEnergy:

1
Going Solar 2023 Financing Your Solar Panels for
Home in India - Payment Options and Budgeting
Strategies FreyrEnergy
2

• Ready to go solar? Say goodbye to power bills and
  hello to the sun! Let's dive into payment options
  and budgeting for solar panels for home.
• The current rate of solar panel installation is
  around Rs. 60 per watt, and the size of your
  solar panel system will determine the overall
  cost.
• At Freyr Energy, we have flexible financing
  options to provide you with all kinds of a solar
  panel for home installation and maintenance
  services.
• It's essential to ensure that the initial
  installation goes correctly to maximize the
  lifespan of your solar panel for home and enjoy
  long-term benefits. For this reason, contact
  professional solar panel installers.
• So why not switch to solar power today and save
  money on your energy bills while contributing to
  a greener future?

3
Types of Solar Panel for Home Financing in India

• Purchasing your solar panel system outright
  Purchasing solar panels for home can be a
  significant investment, with a typical rooftop
  solar photovoltaic system costing around ?1.5 to
  ?1.8 lakhs for a 3 kW system.
• Leasing Regarding financing solar panels for
  home systems, leasing is a popular option that
  falls somewhere between the OPEX and CAPEX
  models.
• Power Purchase Agreement A solar power purchase
  agreement (PPA) is an financial agreement where a
  solar developer handles the design, financing,
  permitting, and installation of a solar panel
  system on your property, typically at little or
  no cost.

4
Pros Cons of Leasing Solar Panels for home

• Let's analyze the pros and cons of leasing solar
  panels for home and how it affects the solar
  panel price in India.
• Pros of Leasing Solar Panels
• No upfront cost
• Reduced electricity bills
• No need to invest a large amount of money
  initially
• Regular maintenance
• Cons of Leasing Solar Panels
• Cannot claim tax benefits
• Have to wait for a certain period
• The leasing company owns the solar panels
• May face complications when selling house
• The leasing company's minimum credit standards
  may be a barrier 

5
In this article, we'll take a closer look at the
pros and cons of buying versus leasing solar
panels for home
6
Freyr Energy Affordable Solar Panel System 

• Hassle-Free Quick Approvals
• Freyr Energy understands the importance of quick
  approvals, digital loan evaluation, and a
  sanction process.
• Flexible EMI Option
• Freyr Energy offers a zero-cost EMI option for up
  to 6 month tenures, making it easier for
  customers to pay for their solar panels in
  installments.
• High-Quality Products
• Freyr Energy prides itself on providing
  high-quality solar panels and other components
  for its customers.

7
Conclusion

• With Freyr Energy, homeowners in India can enjoy
  the benefits of solar energy while saving money
  on their electricity bills and contributing to a
  cleaner, more sustainable future.
• For more solar related information visit the
  site https//freyrenergy.com/
• https//freyrenergy.com/financing-your-solar-panel
  s-for-home-in-india/