The amount you can save on your electricity bill each month with a solar system depends on various factors. Firstly, the size of your solar system matters. A larger system can generate more electricity and potentially lead to higher savings. Secondly, your location within India matters because sunlight availability varies across regions.
On average, a small residential solar system in India can save you around 40-50% on your monthly electricity bill. For example if your usual monthly bill is around ₹5,000, you could save ₹2,000 to ₹2,500 every month. As like through a big solar system of 5 KW and above you can save upto 80% of monthly bills and in some cases you can enjoy zero monthly electricity bill.
Keep in mind that solar panel prices, government subsidy, schemes can also impact your savings. In some states, there are subsidies and net metering policies that can further enhance your savings. Additionally, the quality and efficiency of your solar panels and their maintenance also play a role in how much you save.
It's a good idea to consult with a local solar installer to get a more precise estimate based on your specific circumstances. Investing in solar panels not only helps you save money but also contributes to a cleaner and more sustainable energy future.
