Solar Panel Business Profit India

A typical return is about 6 per year but this requires a long term investment strategy as the company owner.

Solar panel business profit india.

How much profit can a solar panel business make. In fact solar energy business profitability at the top position at present and this will stay there in future also. Of india mnre latest guidelines state that now anyone can generate electricity through solar power system and surplus electricity can be export through net metering system. The installation of net metering at the site will connect it to grid via state.

In starting a solar panel installation business you must have sufficient knowledge and technical skill. Moreover solar panel or solar business is one of the most profitable businesses in today s time. Solar panel franchise in india the best solar panel franchise in india you get more you will earn. Therefore you can take franchise within 20 000 to 32 000 solar panel installation and commissioning company franchise are given by bharat solar energy in all over india for this different franchise charges are applied citizen who lives in town area can request for the franchise only rs 20 000 alternatively tier 3 city where you need to invest.

It all depends on what criteria you are using to choose a solar panel franchise company in india therefore always do a market research before investing. The business is very profitable and it ensures a lucrative revenue also. When you operate a leased solar panel business your profit will depend entirely on the number of panels that you have installed. This can cover twenty million square meters of area for collecting solar energy.

Apart from the fresh panel installation you can also offer to repair service also. The cost for solar power in q4 2019 was below 20 per kwh in all of the states recorded. For consumer and business applications photovoltaic solar panels are much more common than other types. Solar panel franchise in india.