The best way to evaluate if you should install rooftop solar or not is to contact us at +91-920-569-5690 for a site review. However, there are several questions that you can try to answer as a basic test:

• 1. Is your electricity bill per month around 2500 rupees or more ?
• 2. Has your energy consumption been increasing over time ?
• 3. Does your area get a lot of sunlight ?
• 4. Do you have enough free surface area for the solar panel installations ?

If your answer to the questions above are yes, then solar panels should be something you should definitely invest in.

Again, the answer to this question depends on a lot of factors. In Delhi/NCR, the amount of sunlight received is substancial, so that factor is out of the way. The other main criteria for any consumer is how much do you tend to spend on your electricty bill? If you pay around 2500 per month on average, then installing a solar PV project will be economically viable for you. Here is why:

• 1. The manufacturers of solar panels give a warranty of 25 years, so the panels will continue to provide output for at least that many years
• 2. You will be able to get your investment back in around 3.5 to 5.5 years in terms of savings on your electricity bill. This will happen even if you have taken a loan to pay for your installations (15 year loan at 9.5%)
• 3. After 5.5 years, all the savings on your electricty bill will in a way be free electricty!

If a company installs a solar panel project, it will be considered an asset for its organization. This solar asset can enable a company to pay lower taxes in the first few years because of a concept known as accerlated depreciation(AD). AD is a method of depreciation wherein larger deductions in the early life of an asset can be made for tax purposes if the asset is in use for more than 180 days. If it has been used for less than 180 days, the tax benefits will have to be spread across multiple years.

After the 2016-17 budget, the cap on accelerated depreciation has been reduced to 40%. Despite this reduction, you can still avail of an overall depreciation of around 60%(20% regular+40% accelerated). This can substancially reduce your tax burden in the initial years.