New Delhi. At present, many experiments are being conducted on renewable energy resources all over the world. Many people are installing solar panels in their homes for cheap electricity. You can install a solar panel that generates electricity as per your requirement. However, a lot of investment is required to install solar panels, which can be costly for everyone.
If you also want to install solar panels at your home but you do not have that much budget, then a model has solved this problem as well. Actually, a company has come up with a model that will set up solar at your home and will charge you for the electricity used every month.
The company will bear the entire cost of installing solar panels
Renewable energy service company RESCO provides electricity to consumers through renewable energy sources. This company has come up with a model in which the company will install solar panels on your roof. Along with this, the company will also do its maintenance and management. The electricity produced through this will be supplied to you as per your requirement and the remaining electricity will be supplied to the grid. You do not need to make any kind of investment in RESCO model solar. The company bears its entire cost. However, you will have to pay for the electricity you use.
What will be your benefit?
If you install solar panels on the roof of your house under the RESCO model, then RESCO is responsible for managing and operating the entire project, which saves you from making heavy investments. RESCO can sell the excess energy generated from this project, which prevents energy loss. Solar energy projects are an economical option for electricity. This can help reduce your monthly cost of electricity.
It is also beneficial for the environment
To minimize carbon emissions, many experiments are being done on solar energy all over the world. Solar energy is very helpful in reducing air pollution because it does not release carbon like fossil fuels. Nowadays solar panels are also being used for irrigation in the fields, for which the government also provides subsidy to the farmers.
Tags: Business news, Save Money, Solar power plant, Solar system, Tips and Tricks
FIRST PUBLISHED : August 27, 2023, 13:16 IST