​​​SUNRISEPOWER

While a majority of the world's electricity supply is generated from fossil fuels such as coal, oil, and natural gas, these traditional energy sources face numerous challenges, including rising prices, security concerns over dependence on imports from a limited number of countries with significant fossil fuel supplies, and growing environmental worries about the climate change risks associated with fossil fuel-based power generation. As a result of these and other issues affecting traditional energy sources, solar power generation has emerged as one of the most rapidly growing renewable sources of electricity.

Solar power generation boasts several advantages over other forms of electricity generation. 

Reduced Dependence on Fossil Fuels: Solar energy production does not require fossil fuels, making it less reliant on this limited and costly natural resource. Although there can be variability in the amount and timing of sunlight throughout the day, season, and year, a properly sized and configured system can be designed to be highly reliable while providing a long-term, fixed-price electricity supply.

Environmental Advantages: Solar power production generates electricity with significantly lower environmental impact compared to other forms of electricity production.

Flexible Locations: Solar power production facilities can be installed at various sites, which reduces required investments in production and transportation infrastructure.

Government Incentives

The Jawaharlal Nehru National Solar Mission was launched on January 11, 2010, by the Prime Minister. The Mission has set an ambitious target of deploying 20,000 MW of grid-connected solar power by 2022, aimed at reducing the cost of solar power generation in the country through (i) long-term policy; (ii) large-scale deployment goals; (iii) aggressive R&D; and (iv) domestic production of critical raw materials, components, and products, to achieve grid tariff parity by 2022. The Mission will create an enabling policy framework to reach this objective and establish India as a global leader in solar energy.

Solar systems can be designed to be highly reliable while providing long-term, fixed-price electricity supply.

Solar Helps You Save on Your Electric Bill
Probably the most significant advantage of solar energy is the immediate savings on electricity bills. No matter how small your installation, you begin receiving smaller monthly bills from your local utility company from Day One.

But how substantial are these electricity bill savings? 

Answering this question depends on two important factors:
1. Solar energy is a modular technology, meaning you can install as many or as few panels as you like—whenever you like. Each additional kilowatt of installed solar capacity leads to greater electricity bill savings. With a large enough installation, it’s possible to reduce your energy bill completely.
2. No matter how large your installation, you can expect your electricity bill savings to increase over time. As utility rates rise, clean energy from the sun remains consistently free. Solar is an investment that yields increasingly larger dividends with each passing year.

Solar Energy and Income Generation
Many states in India, such as Maharashtra, offer generous renewable energy incentives designed to encourage solar photovoltaic (PV) adoption. If you qualify for these incentives, your local utility company actually pays you for the clean energy that your panels produce—either with direct cash or through monthly bill credits. 
At that point, your electricity bill isn’t simply ₹0—it’s in the negative.