Tuesday, April 26, 2016

Is govt subsidy helping to Solar Energy Consumers.

Govt subsidy means-
Renewable Energy is a most developing sector in the world.India is also big opportunity hub to generate solar electricity.But the prices of solar energy equipment make it out of reach then Indian peoples mostly in small town and villages. Govt provide subsidy to easy purchases to peoples.But is it useful to peoples??.. No. Its not in almost all conditions it is not useful .Then whats mean of subsidy to provide.
After a market survey we found that the cost of solar system per KW is 85 to 90k . and the same solar system price through govt subsidy is 1,84,000/- after subsidy its cost is aprox 1,29,000/-.
Then whats the means of subsidy.
If somebody purchasing solar home system without subsidy then its 90k/kw. If he wants to get subsidy then its price goes to 1.3 lac(after subsidy).