Solar Panel for Housing Society To Save Electricity Bills
Are you worried about high electricity bills at your housing society or apartments? Why will you not as the electricity tariff is at a high inflation rate? Plus, more number of electric devices or electrical appliances are being installed almost every year to provide better amenities to housing society members.
You can now install a solar system with us, and let solar energy pay your common area electricity bills. At NoBrokerHood, we offer solar panel for housing society at zero installation costs.
Why Should You Install Solar Panels for Apartments & Housing Society?
A solar system does not only reduce your electricity bills but also has multiple benefits such as–
1. High Savings on Electricity Bills
The first and foremost reason for choosing solar panels for housing society is to reduce your regular electricity bills, especially for common areas like parking lots, elevators, street lights, etc. Using solar energy, you can save up to 80% on your bills.
2. Easy and Short Payback Period
Solar is a cost-effective and convenient renewable energy source. It comes with a short payback period. After investing in solar panels for your housing society, you will get back your initial investment in 4 – 5 years.
3. High Return on Investment
Do you know?- Your investment in solar will give you returns between 20% – 40% every year. This is an investment where the returns are guaranteed in terms of free electricity.
4. Permanent Shield Against Inflation
Using solar panel for housing society, you can create a permanent safeguard against the price inflation in electricity costs. Even if the prices go up in future, your savings are confirmed as it will keep on generating electricity.
5. Utilisation of Unused Spaces
In a housing society/apartments, there are many unutilised spaces, including building rooftops, parking rooftops, unused ground etc. You can transform these into profitable assets with assured returns after the solar energy system installation.
6. No GHG Emission
The grid-connected electricity is not only costly for you but also harmful for the environment. However, the solar panel for housing society emits zero greenhouse gases in the environment.
7. Zero Carbon Footprint
Using solar energy you can contribute to reducing the carbon footprint on the environment. Did you know? With every 1 kW solar system installation, you can ensure the environmental benefit equivalent to planting 41 trees.
Let’s contribute to the net zero target of our government by 2070 by installing solar panel for housing society.
Types of Solar Power Systems for Housing Societies
At NoBrokerHood, you can choose any of the following solar systems for your apartment:
1. On-Grid Solar For Housing Society
The on-grid solar system is directly connected to your DISCOM’s electricity grid. With this system, a net meter installation is mandatory. The meter calculates the total bill by reducing the total electricity generated from the electricity consumed.
Both the installation and maintenance costs are the lowest among others as there are no requirements of solar batteries. However, this system stops working if there is a power cut in your grid.
2. Off-Grid Solar System for Apartment Buildings
Off-grid solar systems have no connectivity with the power grids. This system is useful for the locality where the power cut rate is high or if there is no grid connectivity.
During the daytime, the solar system produces energy into the solar batteries that you can use later as per requirement. However, the cost is higher than on-grid systems as you have to buy solar batteries with this.
3. Hybrid Solar Power System For Societies
You can go for the installation of hybrid solar panels for housing society, a combination of both on-grid and off-grid solar systems. This system saves the energy in the solar batteries and also sends excess energy to the power grids.
If you want a 24/7 electricity supply along with a reduced electricity bill, you can choose this solar system. However, the cost of this system is highest as it comes with the features of both on-grid and off-grid technology.
Why Choose Us for Solar Power System for Housing Society?
We at NoBroker Hood, will first understand your specific energy requirements and then suggest the best solar solutions for your housing society:
1. Zero Installation Cost
Solar installation companies take an additional fee as installation charge and sometimes the final amount becomes too high due to this fee. But we take zero installation costs for solar PV panel installations.
2. 6 Months ️No Cost EMI
Here you can take solar financing and pay the total amount of housing society solar system with a no-cost EMI facility for 6 months. We charge zero interest for this facility. With us, you can ease your financial burden.
3. Installation in 3 Weeks
To install the solar panel for the housing society, we take a few days after your order confirmation and formalities. Unlike other platforms, you don’t have to wait 1/2 month due to less workforce or solar components.
4. No Headache for System Maintenance
We take all the necessary measures on time for the periodic maintenance of your solar system. The maintenance ensures your solar system can generate electricity at its optimum level over time. It maintains the performance of the solar system for years.
5. End-to-end Support Team
For any type of pre and post-solar system installation support, you can contact us through our customer support team. You can reach us anytime during our business hours with your queries.
Cost of Solar System Installation at Housings Societies/Apartments
The actual cost depends on multiple factors such as installation location, type of solar system, mounting structures, size of battery backup system, transportation cost, type of solar panel for housing society you are choosing etc.
Therefore, we prefer a proper discussion with you before we share the cost details with you. It also allows you to share your budget and specific requirements before installation.
Call us at +91 91193 00000 or drop us an email at hello@nobrokerhood.com to proceed with your housing society solar system installation process.
Savings on Electricity Bills After Installing Solar Panels for Apartment Buildings
You can follow this table to get an approximate idea of savings after solar system installation in your apartment:
Size of Solar System | Monthly Electricity Generation | Monthly Savings |
10 kW | 1,500 Units | Rs. 12,000 |
50 kW | 7,500 Units | Rs. 60,000 |
100 kW | 15,000 Units | Rs. 1,20,000 |
200 kW | 30,000 Units | Rs. 2,40,000 |
300 kW | 45,000 Units | Rs. 3,60,000 |
500 kW | 75,000 Units | Rs. 6,00,000 |
Note: Per day electricity generation = 5 units /kW and the electricity cost = Rs. 8/kWh
Frequently Asked Questions:
What is the average lifespan of the solar panel for housing society?
Solar panels come with an average performance warranty of 25 – 30 years. Its lifespan can go longer than this period. As a result, you do not need to change them frequently. However, if you want to upgrade them with the latest technology, you can do that once every 10 – 12 years.
What is the maintenance cost of a housing society solar system?
At NoBrokerHood, we offer maintenance free of cost when you install solar systems for housing society with us. Generally, the annual cost is 1% – 2% of your system cost.
Which type of solar system is the best option for an apartment?
The best solar system type depends on your specific requirements. If your only motive is to save electricity bills, you should choose our on-grid system. Otherwise, if you want to create a power backup system for power cuts, you can go off-grid. And, if your target is both savings and power backup, you can buy the hybrid solar for housing society.
Is net metering required after installing solar systems in our housing society?
Yes. A net meter installation is mandatory if your housing society solar system is on-grid or hybrid type. This net meter calculates both how much you saved and how much you consumed. However, for off-grid solar, there is no requirement for a net meter.