Solar Energy Company in Faridabad

With the cost of raw materials rising either due to rising taxes or transportation costs, sustaining the prices of solar panel have never been so challenging. In India, we have witnessed an almost 50% increase in the prices of solar panels. A number of factors influence the cost of solar panels- installation type, equipment type, roof type, energy consumption, weather conditions, interconnection cost, and equipment cost (including the cost of raw materials). 

Three basic components make up the final cost of solar panel hardware, soft costs, and marketing and sales. Hardware includes the solar panel, inverter, battery, and mounting system affects almost 25% of the final cost. The soft costs include labor charges, permits, warranties, taxes and transaction costs, etc, and makeup 55% of the total cost. Rest 20% is spent on creating public awareness about the perquisites of making a transitional shift to solar energy.

With the government adopting solar energy-friendly policies, attractive subsidies, and cutting-edge technologies, the cost of solar energy is witnessing a drop in prices. If paying a small premium can save our globe from high carbon emissions, it is worth an investment. Solar power offers a potential threat to high-cost energy sources like thermal power, which is a limited non-renewable energy source. Solar power is limitless only challenge is to combat the installation cost, which can be mitigated with the use of efficient technology.

Alien Group of Companies, the brainchild of IIT Roorkee is a pool of intellectual brains from the best professionals across the globe and senior retired dignitaries from reputed organizations. With the implementation of world-class technology, the prices we offer are as good as wholesale prices. We take great pride that our innovation and strategic implantation of resources make us the most economical solar installation company in Faridabad.