1- What devices can run on solar?

A. AC

B. Refrigerator

C. Television (TV)

D. All of the above

The correct answer is D – all of the above.

When you install a solar system of the suitable capacity, it produces enough electricity to run all household appliances.

2- How long does a solar system last?

A. 5 years

B. 15 years

C. 20 years

D. 25 years

The correct answer is D – 25 years.

Branded solar panels have a minimum life of 25 years. Even after 25 years, these panels continue producing electricity from sunlight at an efficiency of 70-80%.

3- How much subsidy does the government offer on a 3 kW system?

A. ₹5,000

B. ₹10,000

C. ₹25,000

D. ₹43,764

The correct answer is D – ₹43,764

The Indian government offers financial help to homeowners and housing societies installing an on-grid rooftop solar system. This financial help is known as a subsidy.

## How installing solar can save lakhs of rupees?

Now that you know the correct answers, it’s natural that you might have developed the curiosity to understand how a solar system can help save lakhs and lakhs of rupees.

If yes, this bonus section will delight you. Let’s talk numbers!

• – Price of a 3 KW solar system = ₹1,80,000 to ₹2,40,000
• – Subsidy on a 3 KW solar system = ₹43,764
• – Price of a 3 KW system after subsidy = ₹1,36,236 to ₹1,96,236
• – Approx yearly units a 3 KW system produces are also about 4200
• – Let’s assume, the tariff/ unit you pay = ₹8

According to the numbers we’ve used for reference, the approx yearly bill you must be paying without a 3 KW solar system would be close to ₹33,600 (4200 x 8)

When you install a 3 KW solar system, it will generate 4200 units of electricity. Since you’ll get these units for free, your yearly savings would be about ₹33,600.

Since branded solar systems last for a minimum of 25 years, your savings in 25 years will be minimum of ₹8,40,000 (₹33,600 x 25)

We said that ₹8,40,000 would be your minimum savings because electricity tariffs increase by 3-5% yearly.

Hence, the actual savings will be much higher than ₹8,40,000.

## Conclusion:

We hope you have all the answers about solar that you were looking for. Installing solar at home saves lakhs of rupees in the long run since solar is a one-time investment. Once you get it on your rooftop, it will work at its best for 25 years.

Going solar is the best investment you can make in the current times when electricity from fossil fuels is getting ridiculously expensive.
If you’re convinced that going solar is worth a try, get back to the quiz and book a free solar consultation with us.