Rising electricity bills, escalating costs of crude oil and the concern for the environment have prompted many businesses to resort to alternative sources of energy. The recent times have also witnessed a considerable decrease in the prices of buying and installing solar systems. It is no wonder that solar power has emerged as the most sustainable and cost-effective energy option for many businesses.
Companies that have already shifted to solar energy are reaping multiple benefits. Some of the highlights include:
Reduced Operating Costs: Installing a solar system is the equivalent of pre-paying for 40 years of energy, at just a fraction of what you are currently paying for power consumption. The cost per unit of your current electricity bill is much higher than what you would spend for solar energy. This goes a long way in ensuring savings for your business.
Good Return on Investment: Government incentives and the decrease in solar equipment costs make it a sound investment as well as a good financial decision for businesses. Investment in solar power entails long-term savings and a quick payback.
Free of Maintenance: Once installed, a solar system requires little or no maintenance at all.
The “Green” Tag: Solar power facilitates reduce consumption of fuels thus reducing greenhouse gas emissions. Any company resorting to this alternative source of energy can fully express its participation in the battle against global warming.
A Case Study
With ample industry knowledge, top solar companies like Nimbus Solar are always encouraging businesses to join the solar revolution and enjoy the advantages that come with this futuristic move. A case-in-point is Sundeep Traders, a company involved in the manufacturing of plastic pellets, which initially installed a 20KW solar-powered system from Nimbus Solar in a bid to control their escalating power costs as well as to do their bit for the environment. Their benefit from solar usage was so huge and rapid that they soon upgraded their solar power system with a repeat order for another 40KW of power. Currently employing 60KW of solar power, the company estimates its savings to be in the tune of Rs 50,000 per month. Add to this the benefits under the tax incentives announced by the Government and the company is looking at getting a return of investment in a sheer span of 3.5 years. By means of the net-metering system, the company is also getting compensated for the solar power generated on Sundays when the factory is shut, by sending the power back to the grid. All in all, this process of change for this business house has not only given them a conscientious tag but also wowed its management through the huge savings it has brought for them.
The Way Forward
Currently, renewable energy companies like Nimbus Solar are focusing on partnering with more businesses to produce cleaner, greener and cheaper energy. This revolutionary vision aims to drive India to become a global leader in solar energy and create a better future for the generations to come.
Nimbus Solar is the solar division of Nimbus, a renowned player in the field of irrigation. With a pan-India presence, the company is a one-stop solution to ensure the best transition to solar energy from conventional sources. It boasts of the latest upgradation in solar products and is backed by modern technical knowhow through a team of dedicated engineers and technicians. The company is trusted for its sound knowledge about the industry including the various tax exemptions, capital subsidies and incentives offered by the government. It stands for going green the economical way and unleashing the true power of the sun.