{"id":1858,"date":"2024-04-04T12:35:36","date_gmt":"2024-04-04T12:35:36","guid":{"rendered":"https:\/\/freyrenergy.com\/?p=1858"},"modified":"2025-06-25T10:09:47","modified_gmt":"2025-06-25T10:09:47","slug":"why-solar-rooftop-system-is-good-investment-in-2024","status":"publish","type":"post","link":"https:\/\/sanskriticomputers.co.in\/freshdemos\/freyrold\/why-solar-rooftop-system-is-good-investment-in-2024\/","title":{"rendered":"Why Solar Rooftop System is Good Investment in 2025"},"content":{"rendered":"\n

Significant adoption of rooftop solar can be witnessed across India, especially in states such as Maharashtra, Tamil Nadu, Karnataka, Rajasthan and Uttar Pradesh. Improved net metering<\/a><\/strong> policies, high grid tariffs and increased awareness among consumers are the major reasons for an increase in rooftop solar adoption<\/a><\/strong>. However, is solar a sound and viable investment? How does it compare to other preferred investment options such as gold, mutual funds, etc? Read further to know more.<\/p>\n\n\n

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\"Solar<\/figure>\n<\/div>\n\n\n

Rooftop Solar- The best option for investment in India<\/h2>\n\n\n\n

With reliable grid access and a reduction in solar panels installation cost<\/a>, several businesses and homeowners are shifting to solar power. Below are a few reasons as to why one should invest in rooftop solar<\/a><\/strong>:<\/p>\n\n\n\n

Cost-benefit:<\/strong> According to the ‘India Residential Energy Survey’, there has been an increase in sales of star-labelled electric appliances that are energy efficient. This shows that people have already started to look for options that can help them reduce their electricity bills. A solar rooftop installation can reduce 80-90% of the electricity bill every month. A 5kW solar system<\/a> can generate around 600 units and save Rs. 4,200 per month.<\/p>\n\n\n\n

Security against future grid tariff increase:<\/strong> Solar systems are highly reliable and have a life span of 25 years. This means that you are protected against any increase in the grid tariff in the future. As solar systems<\/a> are very reliable, you save money in terms of maintenance as well.<\/p>\n\n\n\n

Socially responsible Solar Investment:<\/strong> Solar is green and an environmentally sustainable choice. A 5 kW solar system is equivalent to reducing 7.3 tons of carbon dioxide emissions every year. Investing in solar creates a positive impact on everyone. Pollution, Climate change, positive public sentiment and natural resource constraints are creating more demand for electricity procured from renewable energy sources.<\/p>\n\n\n\n

Great ROI and attractive paybacks: <\/strong>Solar is one of the few investments available in today’s market that is relatively risk-free and offers a high Return on Investment (ROI). Compared to other investments such as investment fixed deposit (ROI of 5.8% – 6.7%),  Gold (ROI of 16%), and Stocks (ROI of 10%), solar promises an ROI of 25 to 30%. Solar rooftop investment is one of the secure & safest investments as it promises attractive paybacks; with a payback period of 3-5 years.<\/p>\n\n\n\n

Solar Subsidy & Tax Benefits<\/strong><\/h2>\n\n\n\n

In addition to all the benefits mentioned above, the government offers subsidies to homeowners for installing on-grid solar system<\/a> (systems with batteries). In case you own a business then you will be eligible for tax credits through accelerated depreciation up to 40%. This improves the return on investment of solar substantially.<\/p>\n\n\n\n

Conclusion<\/strong><\/h2>\n\n\n\n

Solar is the best investment right now that offers low risk and high returns compared to any other investment.<\/p>\n\n\n\n

Going solar<\/a><\/strong> is the best investment after the pandemic which is helping to cut down costs. You can now go solar with little to no upfront cost with Freyr Energy’s<\/a> financing options.<\/p>\n\n\n

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Frequently Asked Questions<\/h2>\n <\/div>\n

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