Solar energy - FITS

[enfable]

Has anyone taken advantage of the free solar energy scheme?
Should I buy / finance (is this likely to last for 25 years), take the free panels or leave well alone?

[enfable]

That's not an answer but a link to my question!

[surajpvsolar]

The Indian government's PM Surya Ghar: Muft Bijli Yojana, launched on February 29, 2024, aims to increase solar rooftop capacity by providing free solar panel installations to residential households. In its first year, over 860,000 homes have benefited from this scheme, with a target of reaching 10 million homes by 2027. citeturn0search4

When deciding between purchasing, financing, or opting for free solar panels, consider the following:

Lifespan of Solar Panels:

High-quality solar panels typically have a lifespan of 25 to 30 years, with many manufacturers offering warranties of 25 years or more. citeturn0search11

Ownership and Benefits:

Purchasing/Financing: Investing in your own solar panels allows you to take full advantage of energy savings and any applicable government incentives. Over time, the initial investment can be offset by reduced electricity bills.

Free Panels: While the PM Surya Ghar scheme offers free installations, it's essential to understand the terms and conditions. Ensure that the system's ownership, maintenance responsibilities, and any potential costs are clear.

Maintenance and Performance:

Regardless of the acquisition method, regular maintenance is crucial to ensure optimal performance and longevity of the solar panels.

Given the typical lifespan of solar panels and the structure of the PM Surya Ghar scheme, opting for free panels can be a viable option. However, if you prefer full control over your solar energy system and can manage the upfront costs, purchasing or financing might be more suitable. It's advisable to consult with reputable solar providers, such as Suraj PV Solar, to explore the best option tailored to your needs.