The PM Suryaghar Yojana provides residential societies with an excellent opportunity to harness solar energy for common areas, benefiting from lower electricity costs and government subsidies. By incorporating hybrid solar systems, societies also gain added security during power outages, ensuring an uninterrupted power supply.
Key Benefits of Solar Power with Hybrid Systems for Residential Societies
1. Subsidy of ₹18,000 per kW
Under the PM Suryaghar Yojana, residential societies installing solar systems receive a government subsidy of ₹18,000 per kW, significantly reducing the upfront investment.
For example:
- 5 kW system = ₹90,000 subsidy
- 10 kW system = ₹1,80,000 subsidy
This subsidy makes solar installation more affordable and attractive for societies.
2. Hybrid Solar: Backup Power When Grid and Solar are Unavailable
A hybrid solar system combines solar power with battery storage, offering reliable energy even during grid outages. While grid-tied systems only work when the grid is functioning, hybrid systems store excess solar energy in batteries for later use.
How Hybrid Systems Work:
- During the day: Solar panels power common areas and charge the battery.
- During grid outages: If there is no power from the grid and the solar panels are not generating energy (e.g., during the night), the battery kicks in to provide backup power.
This ensures that critical common facilities like elevators, water pumps, and lighting remain operational even when there’s no power from the grid or the solar system, adding an extra layer of convenience and safety for residents.
3. Illustrative Savings with Hybrid Solar
For a residential society with a 10 kW hybrid solar system:
- Total cost: ₹9,00,000 (approximately ₹90,000 per kW with battery storage)
- Government subsidy: ₹1,80,000 (₹18,000 x 10 kW)
- Net cost: ₹7,20,000 after subsidy
Estimated annual savings on electricity: ₹1,20,000 to ₹1,44,000.
With the added benefit of backup power, the society can continue to operate smoothly even during power cuts, increasing reliability and peace of mind for residents.
4. Reduced Electricity Bills
By installing hybrid solar systems, societies reduce dependency on the grid and lower their electricity costs for:
- Elevators
- Water pumps
- Common area lighting
A 10 kW hybrid system could result in monthly savings of ₹10,000-₹12,000, leading to annual savings of ₹1,20,000 to ₹1,44,000.
5. Visual Illustration of Hybrid Solar System Usage
Consider a residential society where the solar panels power common areas during the day and store excess energy in the battery. When there’s a power cut and the solar panels are not generating electricity, the battery automatically provides backup power to keep essential services like security systems, elevators, and lighting running smoothly.
This ensures that common areas remain functional, even when there’s no power from either the grid or solar system.
6. Environmental and Financial Benefits
- Lower Carbon Footprint: By adopting solar energy, residential societies contribute to reducing greenhouse gas emissions and fostering a greener community.
- Long-Term Savings: Once the installation cost is recovered, societies enjoy low maintenance costs and near-free electricity for the next 20-25 years, while also benefiting from reliable backup power during emergencies.
Illustrative Breakdown of Hybrid Solar Installation Costs
| Solar System Size | Total Cost (₹) | Subsidy Amount (₹18,000/kW) | Net Cost (₹) | Estimated Annual Savings (₹) | Payback Period (Years) | Backup Power |
|---|---|---|---|---|---|---|
| 5 kW | ₹5,00,000 | ₹90,000 | ₹4,10,000 | ₹60,000 – ₹72,000 | 4-5 | Yes |
| 10 kW | ₹9,00,000 | ₹1,80,000 | ₹7,20,000 | ₹1,20,000 – ₹1,44,000 | 4-5 | Yes |
| 20 kW | ₹18,00,000 | ₹3,60,000 | ₹14,40,000 | ₹2,40,000 – ₹2,88,000 | 4-5 | Yes |
Conclusion: Maximizing Benefits with Hybrid Solar Systems
By opting for hybrid solar systems under the PM Suryaghar Yojana, residential societies not only enjoy government subsidies and long-term savings but also benefit from reliable backup power during grid and solar outages. This ensures continuous operation of critical systems, making it an ideal solution for a secure and sustainable energy future.
Ensure your society remains powered even during outages with hybrid solar technology!
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