Hybrid Solar System in Odisha

Solar panel prices in Odisha have dropped significantly in recent years, sparking a growing interest among homeowners. As demand for solar installations increases, competition among manufacturers has driven prices even lower. Government incentives and support for renewable energy have further reduced costs, making hybrid solar panels a more affordable and practical option. Today, many residents in Odisha are choosing solar power to save on energy bills and embrace eco-friendly solutions for their homes.

A 1 kW hybrid solar system in Odisha is an excellent choice for small homes and offices looking to reduce energy costs and ensure reliable power supply. It combines solar power generation, grid connectivity, and battery storage to provide seamless energy usage throughout the day and night. With a 1 kW system, you can generate around 4-5 units of electricity daily, which is ideal for powering essential appliances like lights, fans, and small electronics. The system’s built-in battery backup ensures power during grid outages, offering peace of mind in Odisha frequent power cut scenarios. Additionally, this environmentally friendly solution reduces your carbon footprint while helping you save on electricity bills. The 1 kW hybrid system is a cost-effective, efficient, and sustainable energy option for anyone looking to transition to solar power.

A 2 kW hybrid solar system in Odisha is an ideal solution for medium-sized homes and small businesses looking for an efficient and reliable energy source. This system combines solar power generation, grid support, and battery storage, ensuring a continuous power supply even during grid outages. A 2 kW system can produce around 8-10 units of electricity per day, sufficient for running multiple household appliances, lighting, fans, or small commercial equipment.

With the integrated battery backup, you can store excess energy generated during the day for use during the night or when the grid power is unavailable. The 2 kW hybrid system helps significantly reduce electricity bills by optimizing the use of solar energy, while also contributing to a cleaner environment by reducing reliance on non-renewable energy sources. It’s a smart, sustainable investment that provides long-term cost savings and energy independence for households and businesses in Odisha.

A 3 kW hybrid solar system in Odisha is a robust energy solution for homes and small businesses with moderate to high energy consumption. Generating 12-15 units of electricity daily, this system efficiently powers multiple appliances like lights, fans, refrigerators, and air conditioners. By integrating solar energy, grid power, and battery storage, it ensures a continuous power supply, even during outages. The battery stores excess solar energy for use during the night or when grid power is unavailable, significantly reducing electricity bills and reliance on non-renewable sources. This system offers long-term cost savings, energy independence, and a greener footprint, making it ideal for those looking to invest in sustainable energy.

A 5 kW hybrid solar energy installation in Odisha is the perfect solution for large homes, offices, and small businesses with higher energy demands. Capable of generating 20-25 units of electricity per day, this system provides enough power to run a wide range of appliances, including air conditioners, refrigerators, computers, and other essential devices. The hybrid system seamlessly integrates solar energy, grid power, and battery storage, ensuring an uninterrupted power supply even during outages. The battery stores excess solar energy generated during the day for use at night or during grid failures, optimizing energy use and reducing electricity bills. This sustainable solution not only lowers your dependence on the grid but also contributes to environmental conservation by utilizing clean, renewable energy. A 5 kW hybrid solar system is a smart investment for long-term savings, energy security, and reducing your carbon footprint in Odisha.

A hybrid solar system combines the advantages of solar energy with the flexibility of grid power, making it a cost-effective alternative to traditional electricity sources in Odisha. Hybrid systems harness sunlight, which is available for free and unlimited, while grid electricity requires continuous monthly payments. With government electricity, consumers face recurring bills based on their usage, impacting household or business budgets.

In contrast, investing in a hybrid solar system is a one-time expenditure that pays off over time. Typically, the investment in a hybrid solar setup is recovered within 5-7 years through reduced electricity bills. After this period, the majority of your energy consumption is covered by solar power, which means virtually free electricity. Hybrid systems also have the added benefit of battery storage, allowing you to use stored energy during peak hours or when the grid is unavailable, further reducing dependency on expensive grid electricity.

Here’s a breakdown of current electricity rates in Odisha:

As these electricity rates continue to rise, hybrid solar systems become an even more attractive option. They offer long-term savings and protection against future tariff hikes, making them a smart investment for residential, commercial, and agricultural users. Furthermore, solar energy significantly reduces your carbon footprint, contributing to a cleaner, more sustainable environment in Odisha.

The price of a hybrid solar inverter in Odisha varies depending on the capacity and features of the system. On average, hybrid solar inverters can range from ₹50,000 to ₹1,50,000 or more, depending on the brand, size, and battery backup requirements. These inverters are designed to seamlessly integrate solar power with grid electricity and battery storage, ensuring uninterrupted power supply even during outages. While the initial investment may seem high, hybrid solar inverters offer long-term savings by reducing electricity bills and providing greater energy independence. With government incentives and falling solar equipment prices, investing in a hybrid solar inverter in Odisha is an affordable and sustainable energy solution.

Here’s a step-by-step guide for How to Apply for Solar Panel Subsidy in Odisha:

1. Check Eligibility
Ensure you meet the eligibility criteria for receiving the subsidy, which is generally available for both residential and commercial users under schemes like the Ministry of New and Renewable Energy (MNRE) or Odisha Renewable Energy Development Agency (OREDA).

2. Select an MNRE-Approved Installer
The subsidy is only available for systems installed by MNRE-approved or OREDA-certified installers.

Visit the MNRE or OREDA websites to find a list of approved solar installers in Odisha.
3. Apply Through OREDA or National Portal
You can submit the subsidy application through:

OREDA: Visit the OREDA website and find the solar energy subsidy section.
National Portal for Rooftop Solar: Apply online.
4. Complete the Application
Fill out the application form with details about your hybrid solar panel system and personal information. Commonly required details include:

• Property ownership proof
• Solar system size and design (provided by the installer)
• Aadhar card or identity proof

5. Submit Supporting Documents
Along with the application form, provide necessary documents such as:

Property documents (electricity bill, property ownership proof)
Technical specifications of the hybrid solar system
Estimated cost of installation (from the installer)
6. System Inspection
After installation, officials from OREDA may inspect the hybrid solar system to ensure it complies with the subsidy scheme requirements.

7. Receive Subsidy
Once approved and verified, the subsidy will be credited to your account, usually around 30-40% of the cost for systems up to 3 kW and 20% for larger systems.

Example:
For a 5 kW hybrid solar system costing ₹2,00,000 in Odisha, if eligible for a 30% subsidy, you could receive ₹60,000. The final amount payable would be ₹1,40,000 after the subsidy.

The Odisha Energy Development Agency (OEDA) and other governmental bodies may provide subsidy and loan programs tailored for promoting solar installations. Numerous banks and financial institutions in Odisha  extend loans specifically for solar system installations. Below are some guidelines for applying for such loans:

1. Banking and financial institutions: Various banks and private financial entities in Odisha extend loans for solar system installations. Inquire about their terms, interest rates, repayment periods, and eligibility criteria. It’s prudent to compare multiple loan options and select the one aligning best with your needs.

2. Eligibility criteria: Loan eligibility criteria may differ among lenders. Typically, lenders assess factors like your creditworthiness, income, repayment capability, and details of your solar installation project. Prepare requisite documentation, such as identity proof, address proof, income statements, and project estimates, to demonstrate your loan eligibility.

3. Loan amount and repayment terms: Your loan eligibility dictates the amount you can receive, generally covering a substantial portion of the total project cost.

4. Collateral and guarantor requirements: Depending on the loan amount and the lender’s policies, collateral or a guarantor might be necessary to secure the loan.

5. Loan application process: To apply for a solar loan in Odisha, visit your chosen bank or lender and submit a loan application along with the necessary documents. Furnish accurate details regarding your solar installation project, including estimates, quotations, and any applicable subsidies.

6. Subsidy disbursement and loan repayment: If you qualify for a government subsidy, it could be disbursed directly to you or the lender.

Remember to conduct thorough research and compare loan options, interest rates, repayment terms, and available subsidy programs in Odisha before making a decision.

SYNERGY SOLAR SOLUTIONS

Odisha

India

+91 94880 57778