Advantages Of Installing Solar Panels In Dwarka Societies
As Dwarka continues to embrace sustainable living, many housing societies in the area have turned to solar energy as a solution to both reduce their electricity costs and contribute to a greener environment. Solar power is a clean, renewable energy source that does not produce harmful emissions of pollutants. For housing societies committed to reducing their carbon footprint and promoting sustainability, solar energy is an ideal solution. Vikash Baliyan, Director of Vidhi Power Venture Private Limited, sheds light on the numerous benefits of installing solar panels in residential societies of Dwarka.
Q1: Why should a CGHS go solar? What are the advantages of a solar plant to CGHS?
Answer: There are two type of housing societies (CGHS): a) Societies with LT supply : In these societies, every flat has independent DISCOM meters and independent connection for Common area supplies such as Lift/Pumps/Common area lights is also there owned by CGHS/RWA Management committee. Net-metering approval for such societies is for common area supplies only. Per month common area connection bill for these societies varies between ₹30,000/- per month to ₹2,50,000/- per month depending upon nos. of flats in society (60-250). These societies pay per kWh charges for common area @₹15 /kWh including fixed charges. By using captive rooftop solar plants with net-metering, these societies can reduce their monthly common area electricity bill to zero and save ₹30k to ₹250k per month.
b) Societies with HT supplies: In these societies, there are 11kV HT supplies and society gets single bill @₹8.0/kWh charges including fixed charges. Each flat and common area have sub-meters managed by society. These societies can go for maximum solar capacity which is feasible in society rooftop and can get CFA from MNRE up to 500 kW. So these societies can get their power bill reduced to up to 50% or more and can get max benefit of solar installation. So, in HT supply societies, benefits of bill reduction can be extended to flat owners too in addition to making common area electricity bills zero.
Q-2: What are the subsidies extended by central /state govts for CGHS solar plants?
Answer: Following subsidies is extended by central /state governments for CGHS Solar plants in NCT Delhi a) MNRE CFA@₹18,000/- per kW which will be directly transferred to the society account after net- metering commissioning of solar plants.
b) Delhi Govt. GBI@₹2/kWh for complete solar energy generated by plants for 5 years after commissioning. Both subsidies result in a 70% cost of the plant being reimbursed to clients. ROI of solar plants for CGHS varies from 1 year to 3 years. Societies can save electricity bills per month from 30,000/- per month to approx. ₹4,50,000/- per month in their monthly electricity bill with solar plant installation capacity from 30kWp to 500kWp.
Answer: Following subsidies is extended by central /state governments for CGHS Solar plants in NCT Delhi a) MNRE CFA@₹18,000/- per kW which will be directly transferred to the society account after net- metering commissioning of solar plants.
b) Delhi Govt. GBI@₹2/kWh for complete solar energy generated by plants for 5 years after commissioning. Both subsidies result in a 70% cost of the plant being reimbursed to clients. ROI of solar plants for CGHS varies from 1 year to 3 years. Societies can save electricity bills per month from 30,000/- per month to approx. ₹4,50,000/- per month in their monthly electricity bill with solar plant installation capacity from 30kWp to 500kWp.
Q-3 : What is the upfront cost of solar PV power plants for CGHS/RWA?
Answer: For multi-story residential buildings with RCC roofs, cost of SPV power plants varies from @₹45,000/- per kWp+GST to ₹55,000/- per kWp+GST depending on solar panel clearance from rooftop from 1000mm to 3000 mm in Capex method.
Q-4: What is CAPEX and RESCO Model ? Which one is better for CGHS Societies in Dwarka Delhi?
Answer:The CAPEX (Capital Expenditure) and RESCO (Renewable Energy Service Company) models are two common approaches for adopting solar power in residential societies. Under the CAPEX model, Cooperative Group Housing Societies (CGHS) make an upfront investment to own the solar installation and enjoying direct reductions in electricity bills. This model can lead to substantial long-term savings but requires high initial funding and ongoing management. The RESCO model, however, requires apprx 20% upfront cost from the society in form of LC for payment security/ monthly payment and a third-party developer installs, operates, and maintains the solar system, with the society paying only for the power generated at a predetermined rate. This model provides immediate financial benefits and saves the society from ownership responsibilities. RESCO MODEL provides immediate savings with minimal financial risk and management, while the CAPEX model benefits societies ready for larger investments aimed at long-term savings.
Q-5: How can society arrange funds for solar plants?
Answer: There are two ways to arrange fund for solar plants, CAPEX:
a) Contributions from Flat owners against sharing in future electricity bill saving.
b) 100% OD from banks against society FD for solar plants.
(Scheduled nationalized banks generally do not provide loans to CGHS without collateral and personal guarantees from MC members.)
Q-6: If society does not want to go for the CAPEX model, is the RESCO Model available?
Answer: Yes, Vidhi Power Ventures provides RESCO options to societies who do not want upfront 100% investment in plants.
Answer: Yes, Vidhi Power Ventures provides RESCO options to societies who do not want upfront 100% investment in plants.
Q.7: How much time does it take to commission the plant for average societies having 120 flats?
For an average society with 120 flats, commissioning a plant typically takes around 20-26 weeks. This includes this includes tome taken in net metering approvals from BRPL(DISCOM)setting up the equipment, running preliminary tests, and ensuring the system operates efficiently and safely. The exact timeline may vary based on factors like site readiness, plant complexity, and time taken in discom approvals.
For an average society with 120 flats, commissioning a plant typically takes around 20-26 weeks. This includes this includes tome taken in net metering approvals from BRPL(DISCOM)setting up the equipment, running preliminary tests, and ensuring the system operates efficiently and safely. The exact timeline may vary based on factors like site readiness, plant complexity, and time taken in discom approvals.
Q-8: How will you help a society get a Solar Plant in a society?
Answer:To help a society get a solar plant, We’ll conduct an inititial due-deligence, evaluating the available rooftop space and energy needs. We’ll then design the plant of required capacity , do exact costing because rooftop solar plant are customised as per building needs, 3D shadow analysis and client pereference,submit final costing proposal to client for approval, post contract finalization arranging necessary permits, and coordinating financing or subsidy options. Once installation begins, We’ll oversee the process to ensure quality and efficiency, ensuring the society can maximize its solar benefits long-term.
Answer:To help a society get a solar plant, We’ll conduct an inititial due-deligence, evaluating the available rooftop space and energy needs. We’ll then design the plant of required capacity , do exact costing because rooftop solar plant are customised as per building needs, 3D shadow analysis and client pereference,submit final costing proposal to client for approval, post contract finalization arranging necessary permits, and coordinating financing or subsidy options. Once installation begins, We’ll oversee the process to ensure quality and efficiency, ensuring the society can maximize its solar benefits long-term.
Q-9; What are the hurdles societies face while deciding the installation of a Solar Plant and how can you help them?
Answer: Societies often face hurdles like high initial costs, limited awareness of benefits, space constraints, and lengthy approval processes for solar plant installations. To help, We’ll provide cost-effective solutions, clarify long-term savings, and assess optimal space usage. I’ll guide them through government subsidy applications and ensure compliance with regulations. Additionally, We’ll address residents' concerns by arranging informational sessions to highlight the environmental and financial advantages of solar power if required.
Answer: Societies often face hurdles like high initial costs, limited awareness of benefits, space constraints, and lengthy approval processes for solar plant installations. To help, We’ll provide cost-effective solutions, clarify long-term savings, and assess optimal space usage. I’ll guide them through government subsidy applications and ensure compliance with regulations. Additionally, We’ll address residents' concerns by arranging informational sessions to highlight the environmental and financial advantages of solar power if required.
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