There has been a steady increase in global energy consumption in the last few years. Business owners have started looking for eco-friendly solutions to fulfil their rising electricity demand. Thousands of companies have already installed solar systems. If you are also planning to install solar panels on your commercial property, this is the right time to get in touch with one of the top solar EPC companies in India. You can maximise the benefits of a solar system if you know why this is the right time to get in touch with a solar installer and switch to solar power.
1. Coal Shortage
The coal crisis is a recent issue in India. Since the coal supply has hit rock bottom now, this is the right time to go solar. It will save you from relying entirely on the coal supply for power generation. Solar energy is a more convenient option than fossil fuel in various aspects. They are many EPC companies in India, so the cost of installing the system on your commercial property is no more a barrier. It guarantees almost zero energy production expense.
2. Electricity Tariff Hike
After a price hike in petrol and LPG, electricity rates are expected to increase drastically in our country. Coal is the main source of energy and the shortage in the coal supply is considered the main reason behind the electricity tariff hike. Consumers have to pay a higher energy bill every month once the hike comes into effect. An easy way to deal with the electricity tariff hike is switching to solar energy.
3. Diesel Petrol Price Hike
There has been a recent increase in fuel prices. The price of retail fuel has risen by almost Rs 11 since March. Fuel companies might further increase fuel prices for marketing margins to reach pre-November levels. The objective is to recoup the loss these companies had to face in the five-month period during which the price of retail petrol and diesel was frozen. Instead of worrying about diesel petrol price hike, companies can start using renewable resources like solar power to achieve energy sufficiency.
4. Fear Of Power Crisis In India
The heatwaves and coal shortage issue have sparked the fear of a power crisis in India. Various parts of India are dealing with heatwaves, leading to an increase in power demand. The fear of a coal shortage has always been there. All these have triggered a planned blackout in a few states in India. The surge in demand for electricity will lead to a serious power crisis soon. Instead of relying on electricity, it’s time companies switch to solar power.
Since you know the various reasons why now is the best time to go solar, get in touch with a reputable solar company like KSL Cleantech Ltd.