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Arjun
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Arjun
Asked: July 8, 2024

Can you earn money from solar panels?

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  • Solar Faqs Team
    Solar Faqs Team
    Team of Solar Faqs | Answer on July 8, 2024 at 3:09 pm

    In case of rooftop solar, a cosumer cannot sell his/her electricity generated from his residential rooftop solar to any party other than the local electricity distribution company and make profits. Rooftop solar systems are usually designed not to earn money but to reduce monthly electricity bills.Read more

    In case of rooftop solar, a cosumer cannot sell his/her electricity generated from his residential rooftop solar to any party other than the local electricity distribution company and make profits. Rooftop solar systems are usually designed not to earn money but to reduce monthly electricity bills. Under the net-metering arrangement under the PM Surya Ghar the surplus energy is taken your power company and they also compensate it accordingly. However, in commercial projects, solar project developers earn money from solar projectsBut usually to make money and profits from solar plants, you need to invest more and go through other formalities.

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Shreya Yadav
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Shreya Yadav
Asked: February 24, 2025

I live in UP and planning rooftop solar. Will my power bill reflect surplus solar?

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  • Solar Faqs Team
    Solar Faqs Team
    Team of Solar Faqs | Answer on February 24, 2025 at 11:31 am

    If you are a resident of UP, your bill will show total surplus solar energy exported to the grid, total power taken from the grid and balance surplus solar power from previous month (if any). In UP, the calculations of net energy charges are done based on the solar power an grid power usage. HoweverRead more

    If you are a resident of UP, your bill will show total surplus solar energy exported to the grid, total power taken from the grid and balance surplus solar power from previous month (if any). In UP, the calculations of net energy charges are done based on the solar power an grid power usage. However, even if your surplus solar power is more than your consumed grid power and the energy charges are in negative, you have to pay for your fixd monthy electricity meter charges and electricity duty.

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      Manjunath AR Global Product Manager, Fimer

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