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FEB 26 2016

Make electricity while the sun shines

  • Economic Times, ET Bureau / Hyderabad
  • Created: Fri 26th FEB 2016

After extensive campaign to educate people on several advantages of solar plants, the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) is all set to woo the domestic sector.

 Domestic solar panels would be fitted on the rooftops at an optimal angle to receive natural sunlight. These solar panels capture daylight, converting the energy into electricity to be used at home for lighting and to run small appliances. With solar energy, one can even receive a fixed income and sell excess electricity.

 “Solar PV panels are a renewable technology and as such, the government is keen on supporting these installations. The most efficient homes will earn additional money besides saving hugely on power bills,” said K. Srinivasa Rao, Krishna District Manager for NREDCAP.

 The department has released a tariff table for solar panels designed for homes. “Successful tales of installation of solar panels in commercial and other segments and the resulting benefits seen in power bills is the easiest way to explain to people the difference seen in power bills in the pre and post-installation periods,” says Mr. Rao. Citing the example of A.G. & S.G. Siddhartha Degree College of Arts and Science at Vuyyuru in Krishna district, Mr. Rao produced copies of power bills served to the college before and after the installation of a solar plant.

 The college incurred an electricity bill of Rs. 27,381 in October 2014, Rs. 17,075 in the subsequent month. In December 2014, it again paid a sum of Rs. 23,981 towards power bill while in January, 2015, it received a pleasant surprise in a bill of mere Rs. 40 (only customer charges). Ever since, the college management has been paying only Rs. 40 for its monthly electricity consumption. The college management opted for a 25 kw solar system costing Rs. 25 lakh, but it actually paid only Rs. 17 lakh as the remaining Rs. 7.5 lakh subsidy was borne by the NREDCAP. “With an annual savings of Rs. 3 lakh, the college will recover the cost of the plant in five years while the life span of the solar plant is 25 years,” said Mr. Rao. The Vuyyuru College is the first ‘Green College’ in Krishna district while a few others are trying to follow suit, he informed.

 In the domestic sector, the NREDCAP is expected to sell 1,600 connections worth 8,000 kw of solar power in the first phase in Krishna district. “To begin with, we have nearly 50 registrations,” he says, informing that smaller plants have been designed for homes in the range of 1 kw solar system for Rs. 89,998; 2 kw plant for Rs. 1,68,245; 3 kw system (Rs. 2,35,550), 4 kw (Rs. 3,02,813) and 5 kw (3,70,014).

Tags

Andhra Pradesh Renewable Energy Solar Energy Tariff Energy Power Electricity solar power Solar

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