In recent years, solar power has become a common source of renewable energy in India. However, the initial cost of installing a residential solar rooftop system has often discouraged homeowners from making the switch. To overcome this barrier, easy monthly instalments (EMIs) have been introduced as a practical and affordable solution.
Nowadays, families across the country are peaceful because of low electricity bills, energy independence and a greener lifestyle. They are able to achieve this while paying affordable monthly instalments that fit within their household budgets.
Why EMIs Are Changing the Game
The cost of a rooftop solar system for home installation varies depending on the system size. But, a typical 3 kW system can cost between ₹1.2 and ₹1.8 lakh after a subsidy of around Rs. 78,000. For many middle-class families, paying this amount upfront is challenging. By offering EMIs, financial institutions and solar providers make it possible to spread this cost over several years.
For example, if the same 3 kW system is financed with an EMI plan, a family could pay between ₹2,500 and ₹3,000 per month, depending on the tenure and interest rate. Interestingly, this amount is almost equal to the average monthly electricity bill for a middle-income household in urban India. This means families are essentially replacing their electricity bill with a solar EMI.
Monthly Bill vs. EMI
Let’s imagine a household in Delhi that pays ₹2,800 per month in electricity bills. By installing a 3 kW residential solar rooftop system through EMI, their monthly repayment could also be around ₹2,800.
Within 5 to 6 years, once the loan is paid off, the household will save close to ₹30,000 annually. These savings will only increase as electricity tariffs continue to rise. Over a 25-year system life, the family can save approximately ₹7 to 10 lakh cumulatively.
Affordable Solar for All Income Groups
The government’s PM-Surya Ghar: Muft Bijli Yojana aims to provide subsidies and promote rooftop solar for home adoption in millions of households. The government provides benefits like low-interest loans and subsidies of up to 40% for smaller systems. So, families across income levels can now access clean energy. Notably, there is an increased demand in rural households and small towns as EMI options reduce the upfront financial burden.
According to the Central Electricity Authority, India’s residential sector accounts for nearly 24% of total electricity consumption. As electricity tariffs rise by 4 to 5% every year, EMIs help households fix their energy costs and support a cleaner future.
Real Experiences: Families Making the Switch
Many Indian households have already shared positive experiences after choosing solar EMIs. Families who once worried about high monthly electricity bills now pay almost the same amount as an EMI. In a few years, their solar system will be fully paid for, and they will enjoy free power.
Others highlight how EMI options made it possible to adopt solar without disturbing their family budgets. They now save money every month and feel proud to contribute to a cleaner environment.
Mahindra Solarize: Making Clean Energy Accessible
Thousands of households trust Mahindra Solarize for affordable and reliable solar solutions. The company brings solar energy to Indian homes with a focus on quality and care. It offers flexible EMI options, expert installation and government-approved subsidies. These benefits make it easy for families to move to clean energy without worry.
You can choose a small residential rooftop system or a larger setup based on your needs. Mahindra Solarize follows a customer-first approach to ensure both quality and affordability.
Solar EMIs are changing the way people adopt clean energy by removing the need for heavy upfront costs. Families now pay monthly instalments that are almost the same as their electricity bills. At the same time, they build a long-term asset that saves money and protects them from rising tariffs. Supportive government schemes make this shift even easier.
Trusted providers like Mahindra Solarize ensure that rooftop solar for homes is no longer a distant dream. It has become a practical and affordable choice for millions of Indians.
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