On 1st April 2017, power consumers in the state of Bihar saw an electricity tariff hike of 20%. In the same month, Karnataka Electricity Regulatory Commission (KERC) increased power tariff by 8%. There is no dearth of statistics for price rise in the electricity sector. The wholesale inflation rate in fuel and power sector was massive 18% in January’17 and 21% in February’17. To put these figures in perspective, expected salary rise in India for the year 2017 is just 10% according to a report published by Willis Tower Watson. This gap between inflation in power sector and the rise in household income means families across India are spending a larger share of their income on electricity. However, shielding your family from price rise is easier than you think.
It is very much possible to reduce your electricity bill up to 50% without compromising on your living standards. It just requires a one-time investment in Home Solar System. Buying Solar Panels for Home can bring monthly savings for 25 long years. With the government subsidy of 30% on Residential Solar System, the cost you incur buying solar panels for home can be recovered by 5 to 7 years. Once installed, you will be paying only about half of the average electricity bill for 25 years. Such a long-term investment spanning over a quarter of a century can bring you a massive amount of savings.
Buy Solar Panels for home from the best
Before you hurry to Buy Solar Panels for your home, check if your Home Solar service provider is reputed and its products are of World class quality and affordable at the same time. Ujaas Home follows all these requirements. Installing Rooftop Solar in your home also requires regulatory compliances related to net metering and other paperwork for availing subsidies. Ujaas Home not only installs solar panels in your home but also takes care of all paperwork, without any hassle. Know more about why Ujaas Home is your best option to buy solar panels for your home. And if you are wondering when is the right time to purchase solar panels for your home, check out our blog for more answers.
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This post first appeared on Indian Energy Scenario – A Solar Future, please read the originial post: here
