Now you can also start your solar business with just ₹60,000 and earn good income.

You can start your solar business with just ₹60,000 and earn lakhs.

Solar energy is a valuable renewable resource, and the Indian government is promoting its use through subsidies for solar panel installations. Homeowners with unused rooftops can capitalize on this opportunity by generating income from selling electricity.

Start business with solar panels in just ₹60,000 and earn in lakhs

Installing a 1kW solar system generally costs around ₹1 lakh, but with a 40% government subsidy, this can be reduced to approximately ₹60,000. Additional state subsidies may further decrease installation costs. For those without upfront cash, banks offer loans tailored for solar installations, supported by various government schemes like PM Surya Uday Yojana and National Solar Energy Mission.

Buy Solar Panels with Low Maintenance Cost

To benefit from subsidies, purchase solar panels from government-registered vendors. Maintenance for off-grid systems primarily involves battery replacement, while on-grid systems are more efficient for larger installations. By choosing the right system, homeowners can generate electricity for up to 25 years and sell it to local DISCOMs, translating to substantial earnings over time.