Nitu says the invested cost is generally recovered in the next four to five years. But the life of these solar installations is 25 years, so you get free power for 20 years.
Sameer Jagirdar from Mumbai has zero power bills on some months of the year. Thanks to his decision to switch to solar-powered electricity.
Interestingly, the resident from Kurla says he contemplated the decision for nearly three years before taking the plunge. Now almost two years into the installation, Sameer feels the decision should have been quicker.
“We have a single-story building and, we thought solar power is expensive as it requires batteries and also comes with maintenance cost. But, we chose to consult a startup, and after convincing answers, we went ahead with it,” Sameer says.
The residential society members installed an 11KW infrastructure around February 2019. Sameer said the bills…