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Latest Profitable Business Idea: Now Spend Just Rs. 75,000 & Earn Good Income up to 25 Years by Sitting at Home

If you are thinking of doing a business where you do not have to arrange a separate place, then you can earn in millions by using the vacant roof of your house. Isn’t that amazing! For this, you have to install solar panels on the roof. Moreover, this solar panel can be installed anywhere.

Updated on: 15 March, 2021 10:41 AM IST By: Pronami Chetia
solar panel

If you are thinking of doing a business where you do not have to arrange a separate place, then you can earn in millions by using the vacant roof of your house. Isn’t that amazing! For this, you have to install solar panels on the roof. Moreover, this solar panel can be installed anywhere.  

If you want, you can also supply electricity to the grid by installing solar panels on the roof. The Central Government's Ministry of New and Renewable Energy gives a 30% subsidy on rooftop solar plants to solar panel users. It costs about 1 Lakh rupees to install a rooftop solar panel without subsidy. 

Let’s know about the whole process and the benefits of this scheme. 

What will be the Total Expenditure? 

The cost of a solar panel is about one Lakh rupees. This expenditure is different according to each state. But after the subsidy from the government, a solar plant of one kilowatt is installed for only 60 to 70 thousand rupees. Moreover you need to know that some states also give additional subsidy for this. If the lump sum is not 60 thousand rupees for setting up a solar power plant, then you can also take a home loan from any bank. The Finance Ministry has asked all banks to give home loans. 

Now Let's t alk about the Benefits from This Scheme 

Solar panels are 25 years old. You can easily install this panel on your roof. And the electricity received from the panel will be free. Also, the remaining electricity can also be sold through the grid to the government or the company. If you install a two-kilowatt solar panel on the roof of your house, about 10 units of electricity will be generated in the event of sunlight for 10 hours of the day. If we calculate the month, then a two-kilowatt solar panel will generate about 300 units of electricity. 

How to Buy Solar Panels? 

>> You can contact the Renewable Energy Development Authority of the state government to buy solar panels. 

>> for which offices have been created in major cities of the states. 

>> Solar panels are also available with private dealers in every city. 

>> The form for subsidy will also be available from the authority office itself. 

>> The authority has to be approached first to take a loan. 

No major expense in Future 

You don’t need to get tension for the maintenance of the solar panel as well as the cost of the maturity. But its battery has to be changed once every 10 years. Its cost is about 20 thousand rupees. This solar panel can be easily moved from one place to another. 

Solar Panels up to 500 watts will be Available 

This initiative was started by the government in view of environmental protection. Depending on the requirement, you can install solar power panels of up to 500 watts capacity. 

Under this, each such panel of five hundred watts will cost up to 50 thousand rupees. This plant can be installed from one kilowatt to five kilowatt capacity. 

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