Tata Power Solar Systems has launched a new rooftop solar initiative to provide clean energy to homes in Uttar Pradesh (UP), India.
Kicking off in Varanasi, this project aims to offer significant financial savings and environmental benefits for residents through advanced Rooftop Solar Solutions.
Residents in UP can benefit from a maximum subsidy of up to Rs 1,08,000 on rooftop solar installations. This includes a Central government subsidy of Rs 78,000 for systems up to 3 kW and an additional State government subsidy of up to Rs 30,000 (Rs 15,000 per kW for systems up to 3 kW).
Tata Power Solar said its dedication to quality and innovation will greatly enhance the region’s energy availability and sustainability. Tata Power Solar has a strong network of channel partners to provide quick rooftop solar connections to residents of Varanasi and UP.
This initiative supports India’s national goal of achieving 40 GW of solar rooftop installations.
Praveer Sinha, CEO and MD of Tata Power, said: “Tata Power Solar offers state-of-the-art, made-in-India solar panels that ensure superior performance and longevity. Our bifacial panels absorb light on both sides, providing higher efficiency in less space.”
Switching to solar energy provides substantial economic benefits. A typical household installing a 3 kW rooftop solar system, with an initial investment of around INR 1.08 lakh (which can be fully claimed as a subsidy), can generate 12 units of electricity per day, totaling about 360 units per month.
With the average electricity tariff in Varanasi, this setup can save residents up to INR 27,000 annually on their electricity bills, according to Tata Power.
Additionally, net metering allows residents to earn credits for any excess electricity generated by their solar systems and fed back into the grid. This further reduces their electricity bills and ensures that no generated power goes to waste, maximizing the financial benefits of adopting solar energy.