How Housing Societies in Navi Mumbai Can Benefit From Solar Installation?

Residential societies in India provide several amenities with the uninterrupted power supply being one of the most important luxuries. Societies commonly use generators fueled by diesel to supply electricity during a power blackout. However, the power demands of large housing societies cannot be met with diesel-fueled generators as they are not only expensive but also highly hazardous to the environment.

Housing societies can get uninterrupted power supply by replacing diesel-based generators with rooftop solar PV systems. One of the most interesting features of a solar PV system is that after one-time payment, the cost of running and maintaining the system is negligible. Although the initial capital cost tends to be higher, solar power systems can substantially reduce electricity cost to half the cost of electricity supplied by the local utility grid. Customers can save up to 80% on their electricity bill.

Benefits of installing a solar PV system in housing societies?

Recently, many residential societies in India have been investing in solar power for the following benefits

  1. Societies no longer have to depend on the harmful, expensive generators for power-backup.
  2. Societies can start saving on electricity payouts as soon as the system becomes functional.
  3. Societies can export the excess energy generated into the main utility grid and receive financial benefits.
  4. Societies can meet their long-term energy saving goals while doing their bit to reduce the pressure on the environment.

Apart from the above-said benefits, societies in Navi Mumbai with rooftop solar PV system are eligible for incentives from January 2019.

Societies to get incentives for going green with solar

According to an article published by the Times of India, the Navi Mumbai Municipal Corporation (NMMC) aims to top the chart in 2019, Swachh Survekshan – a survey conducted by the Government of India. The main objective of this survey is to encourage citizens of India to adopt eco-friendly methods for creating cleaner cities. The survey ranks the Indian cities based on several sanitation and cleanliness parameters.

Navi Mumbai Municipal Corporation - Head Office

The annual incentive of ₹ 10,000 to ₹ 25,000 per category will be provided to societies for two years which is the initial period of the scheme. One of the categories includes solar power generation. This will not only benefit the society but also help NMMC improve its ranking in the 2019 survey. Societies can feed the extra unit produced by the solar rooftop into the grid and receive credits in electricity bill. One has to note that this scheme is on a first come, first serve basis. So choose Minus CO2 now and participate in the ‘clean and green city’ drive.