How much can you save by going solar?
The amount of money you save depends on your electricity usage and the capacity of your solar energy system.
The average electricity tariff in India is Rs 7 per unit, depending on state and region.
For eg. a 5 kW solar system costing Rs 2,41,460 (after subsidy) can generate roughly 20-25 units per day.
You can save up to Rs 51,100 in a year by going solar. In 25 years, you’ll be saving Rs 12,77,500.
Also, the payback period typically for a 5 kW solar system would be ~5 years (2,41,460/51,100).
| Capacity | Estimated Cost (₹) | Average electricity tariff | Annual units generated | Annual estimated savings |
| (kW) | (after subsidy) | (per unit) | (kWh) | (₹) |
| 3 kW | 1,56,236 | 7 | 4,320 | 30,240 |
| 4 kW | 1,98,942 | 7 | 5,760 | 40,320 |
| 5 kW | 2,41,460 | 7 | 7,200 | 50,400 |
| 10 kW | 5,05,178 | 7 | 14,400 | 1,00,800 |
*All information provided including financial data (like pricing, return on investment) etc, is for the purpose of broad understanding and is not precise. Please consult your authorized financial advisor for financial advice. Fenice Energy does not intend to provide financial advise and undertakes no liability for the same.
Also, did you know that investing in solar is one of the most lucrative investments, offering you a higher rate of return than most other fixed-return generating instruments?
Don’t believe it, check out the stats below:
*All information provided including financial data (like pricing, return on investment), etc., is for the purpose of broad understanding and is not precise. Please consult your authorized financial advisor for financial advice. Fenice Energy does not intend to provide financial advise and undertakes no liability for the same.
Key Tip!
Get a free quote from Fenice Energy’s solar calculator to determine your estimated lifetime savings available on our website. Click here to get a quote.
