{"id":7783,"date":"2023-11-22T09:58:22","date_gmt":"2023-11-22T04:28:22","guid":{"rendered":"https:\/\/www.aurovilleconsulting.com\/?p=7783"},"modified":"2024-08-29T13:49:42","modified_gmt":"2024-08-29T08:19:42","slug":"financial-attractiveness-of-rooftop-solar-energy-for-domestic-consumers-in-tamil-nadu","status":"publish","type":"post","link":"https:\/\/www.aurovilleconsulting.com\/financial-attractiveness-of-rooftop-solar-energy-for-domestic-consumers-in-tamil-nadu\/","title":{"rendered":"Briefing Note: Financial Attractiveness of Rooftop Solar Energy for Domestic Consumers in Tamil Nadu"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7783\" class=\"elementor elementor-7783\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-66575404 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"66575404\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3c61d968\" data-id=\"3c61d968\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-27f9a0 elementor-widget elementor-widget-text-editor\" data-id=\"27f9a0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p><a href=\"https:\/\/www.aurovilleconsulting.com\/reaching-50-energy-from-renewables-by-2030\/#:~:text=In%20December%202022%20Tamil%20Nadu,energy%20by%20the%20year%202030.\">Tamil Nadu’s vision of achieving 20 GW of solar energy capacity by 2030<\/a> is driving a transition to renewable energy. In line with this, we did a detailed analysis of the financial attractiveness of rooftop PV solar systems for domestic consumers in Tamil nadu.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>We found that both <a href=\"https:\/\/www.solsavi.in\/navigating-the-buying-journey-for-solar\/\">net feed-in and net metering mechanisms<\/a> offer financially attractive payback periods for various combinations of monthly consumption and solar PV capacities. Net metering, in most financial attractive cases, gives a faster payback. However the net feed-in mechanism offers better payback with removal of network charges.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>We define a ‘financially attractive’ system as one with a simple payback period of less than or equal to 5 years. In our analysis, we’ve identified nine combinations that meet this criteria under both net feed-in and net metering mechanism.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>Network charges affect significantly in payback period. Removing these charges improves payback periods, especially under the net feed-in mechanism. We recommend a review of the network charges to increase the adoption of rooftop solar in Tamil Nadu.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>To optimize the solar system size, consumers are advised to maximizes self-consumption and minimizes surplus energy export, resulting in shorter payback.<br \/>In conclusion, higher adoption of rooftop solar can play a pivotal role in Tamil Nadu’s journey towards achieving its 20 GW of solar energy goal and tools like \u2018<a href=\"https:\/\/www.solsavi.in\/\">Solsavi<\/a>\u2019 help prosumers to make informed decisions in their journey of adopting rooftop solar PV systems.\u00a0<\/p>\n<p><div class=\"real3dflipbook\" id=\"76_6743bb9752816\" style=\"position:absolute;\" 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10:51:53","status":"published","pages":[],"tableOfContent":[],"rootFolder":"https:\\\/\\\/www.aurovilleconsulting.com\\\/wp-content\\\/plugins\\\/real3d-flipbook\\\/","uniqueId":"76_6743bb9752816"}\"><\/div><\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Report evaluates financial attractiveness of rooftop PV for different system sizes and capacities in Tamil Nadu for domestic 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