The environmental watchdog has argued that decline in cost of solar panels means they are now a financially viable option and the cost of electricity generation through them, including the capital cost, is a third (Rs 10 per unit) of that generated through diesel generator (DG) sets (Rs 27- Rs 33 per unit).
The solar rooftop can also reduce monthly power bill of the consumers. The extra units generated through solar rooftop can be exported to the grid, something which cannot be done with DGs, according to CSE.
For instance, ICON, an upscale society in Gurugram, which experiences an outage of only 16 minutes per day on an average had "full backup" with DG size of 1,112 KW.
"DG back-up has become increasingly redundant because of reducing power outages in cities. We must realise that full back up was considered a basic need by upscale societies when the outages often lasted several hours a day," said Chandra Bhushan, director general, CSE during the launch of report 'Solar Rooftop: Replacing Diesel Generators in Residential Societies'.
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However, solar power providers, who develop, operate and
maintain, solar power generation equipment for their customers have their set of concerns as well.
"My potential customers currently are those who have very high credit rating and have not defaulted. But individuals do not come with credit rating, same for MSMEs. So, there is a need to develop a credit strengthening framework which can give credit enhancement and credit security if there is a default by a customer," Ritu Lal, vice-president, business development, Amplus Solar, said at the launch of the report.
The need to spread awareness among house owners and RWAs about the economic viability as well reliability of solar units has also been highlighted in the report.
A solar calculator was also unveiled which has been designed for a domestic consumer to help them install a solar plant it provides information about electricity needs, viability of the plant as well as total project cost.