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Solar Panel: Installed solar panels on your roof? Find out how to earn money from them..

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The trend of installing solar panels for electricity is growing rapidly. There are numerous benefits to installing solar panels on your rooftop. Power infrastructure remains inadequate; whether in rural or urban areas, frequent power outages are common. Consequently, solar panels offer a great alternative, eliminating the fear of losing power. Additionally, electricity tariffs are rising in many states. High electricity bills are often driven by the use of appliances like air conditioners, refrigerators, and coolers; solar panels can help reduce these costs. Moreover, one can even earn money from the surplus electricity generated by solar panels.

Installing solar panels on your roof or in other areas offers many advantages. While reducing electricity bills is the most well-known benefit, there are several others.

**How ​​it provides relief on electricity bills**
When solar panels generate electricity, your reliance on grid power decreases. You can use the solar-generated electricity to power your household appliances. Since you aren't drawing power from the grid, your electricity meter doesn't run up the bill, which can potentially drop to zero.

**How ​​to earn money from electricity**
If your solar panels generate more electricity than you need, you can sell the surplus. However, you cannot sell it directly to other individuals; instead, you can feed the excess power into the grid via "net metering." The DISCOM (electricity distribution company) tracks the electricity you supply and may offer incentives for this surplus power. Note that regulations regarding this may vary by state.

**Subsidies available for solar panel installation**
The government offers subsidies for installing solar panels, subject to certain conditions. You can install subsidized solar panels through the Central Government's "PM Surya Ghar: Muft Bijli Yojana" (Free Electricity Scheme). Since the initial cost of installing solar panels is quite high, this scheme helps alleviate the financial burden of the upfront investment.


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