Search

Home » Finance » Subsidy boost for solar power systems in Odisha homes

Subsidy boost for solar power systems in Odisha homes

According to reports, the Odisha Renewable Energy Development Agency (OREDA) is encouraging this option by providing subsidy for installing the home solar power system.

“The home solar power system is fast catching up in the city due to its long-term benefits, affordability and solution to frequent power cuts. Presently those who install one MW power plant, the cost of energy will be Rs 7 per unit. But within a year it will be at par with the electricity bills. The government is providing subsidy for installing the power plants,” said OREDA deputy director (technical) B K Swain.

B K Tripathy of Samantarapur, who has installed an one KW capacity solar photovoltaic power plant on his rooftop, said “After its installation, I have not experienced any power disruptions and my electricity consumption, through the conventional EB source, has come down perceptibly. Many in my locality have now evinced interest to shift to solar power.” “The reliability of power supply and the contribution towards environment protection are the factors that encouraged me to consider solar power. I have managed to save four to five units of power daily,” he adds.

For one kilowatt power plant the capital cost was Rs. 2.5 lakh and the consumer’s cost is Rs. 1.7 lakh after the subsidy of Rs 80,000. There is a person in the city who has installed a seven KW power plant with huge subsidy from the government, Swain said.

The solar power supply system is quite successful in interior areas of the state where electricity has not reached so far. “We have installed solar power plants in more than 400 villages of the state. During the day, the power plant light the house and during night, the converter takes over and powers the house by drawing power from the batteries,” said Prasant Panigrahi of Gayatri Solar, a company that installs these systems.

One comment

  1. It is a really appreciated. Kindly clarify from your experience, how far solar power system is effective during monsoons/cloudy weather.?

    s venkataraman

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Scroll To Top