Are you getting a high electricity bill in your New Delhi factory, office or institutes? You can reduce the electricity bills by going solar. Solar system installation in New Delhi NCR is the best way to reduce your electricity bills substantially.
The return on investment or IRR on solar is unmatchable and without risk. The solar plant is installed at the roof of your place, thus generating electricity to be consumed at your factory/office/institute etc. In fact if your company is not interested in making one time investment then they can take a loan. The EMIs will be paid within 5 years through the savings generated by solar power plant. In fact even after paying off EMIs there would be savings in electricity bills due to the solar plant installed in your Delhi NCR premises.
Solar Power Plants installed by Verde in Delhi NCR has a very high Internal Rate of Return in addition to it being very good for environment. The synopsis of money saved by installing a 100 KW solar plant in New Delhi NCR with 75% debt as well as 100% equity is as follows:
Solar Power Plant with 75% Debt | |
Project Capacity (in KW) | 100 |
Gross Generation/KW (unit) | 1450 |
Contracted Tarrif (Rs/kwh) | 9.0 |
Term of the project (years) | 25 |
Project Cost/KW (Rs lakh) | 0.41 |
Total Project Cost (Rs lakh) | 41 |
Annual Savings (Rs lakh) | 13 |
EMI (Rs lakh) -annual | 9 |
Interest Rate | 9.25% |
Debt (Rs Lakh) | 31 |
Equity (Rs lakh) | 10 |
Repayment period (years) | 5 |
Project IRR | 40.84% |
Equity IRR | 95.57% |
Project payback (years) | 3.39 |
Equity payback (years) | 2.32 |
Solar Power Plant with 100% equity | |
Project Capacity (in KW) | 100 |
Gross Generation/KW (unit) | 1450 |
Contracted Tarrif (Rs/kwh) | 9.0 |
Term of the project (years) | 25 |
Project Cost/KW (Rs lakh) | 0.41 |
Total Project Cost (Rs lakh) | 41 |
Annual Savings (Rs lakh) | 13 |
Project IRR | 38.08% |
Equity IRR | 38.08% |
Project payback (years) | 3.58 |
Equity payback (years) | 3.58 |
The savings in electricity bill by installing solar plant in New Delhi NCR depends on the tariff being paid as well as the capacity of the solar system. Government of India also gives accelerated depreciation benefits to commercial consumers for installing solar power plant
You can know more about savings in electricity bills through installation of solar plant by contacting us
