Mr Nikhil from Goregaon in Mumbai was looking for a long term solution to address his increasing electricity bills. The electricity bill was approximately INR 25,000 per month.
This was a huge figure and he wanted a solution that was cost effective and sustainable.
TrueSun Energy stepped in and explained that his roof space that’s lying idle can be used to install solar panels which will help him generate electricity in-house, reducing the expensive units that he draws from his utility – Reliance Energy. Recognising the importance of the cost-effective alternative, he tied up with us for a quality implementation that will last for a good 25 years.
We installed a 12 kW plant along with Net-Metering in July 2016. Net-Meter is a meter that records the import and export of power to the electricity smart-grid. It allows consumers to use that electricity anytime, irrespective of when it is generated. Post Net-Meter installation, it was observed that his total electricity consumption from the utility had reduced further from 1400 to 450 units.
The monthly bill reduced from INR 25,000 per month to approximately INR 5,000 per month. Calculating on a yearly basis, he is saving up of more than 1.5 lakhs which means that he will recover his money in less than 5 years. The remaining 20 years he will enjoy absolute savings. Mr Nikhil is very happy with his decision to go for solar; not only has he hedged the cost of increasing utility power tariff but also gained from the return on investing in solar.
To learn how solar can help you save, please write to us at [email protected].