Solar power plant for housing societies
After installing Solar power plant for housing societies. Get 30% subsidy from the government. Many housing societies especially in the urban area have been investing in solar energy to lower their common area electricity needs. So electricity needed to power the lifts, water pumps or common area lighting can be supplied by the solar plant during the sunshine hours typically lasting for 6-7 hours every day. Typically for an entire society building, the capital invested for the solar power plant can be recovered within 4 to 5 years.
Saving you money through a solar PV system
If your Solar power plant for housing societies is self-funded, solar PV system will not only allow you to save money on energy bills but after the recovery of your investment your society can utilise the remaining 20 years for free. The above also applies to big housing complexes and townships, turning your unused roof space into an investment. Depending on your roof size, your sites could also qualify for a Power Purchase Agreement where you will have a free solar PV system installed and maintained for a 20-40 year term. Each site will then purchase the generated electricity at a pre-agreed rate that is lower than your current energy supplier and consequently saving you money on your bills.
LED lighting for bills savings and customer experience
As highlighted earlier, lighting is very important in this sector and by investing in an LED lighting system, you can save up to 90% on lighting costs. With systems typically paying for themselves in as little as 2.5 years, your facilities will also benefit from increased lighting performance and durability giving your customers a better experience.