Buying Green Electricity produced by Wind and Solar Power in India for your factories and commercial spaces is now Easy & Cheaper than Grid. Let us see what has made Green Electricity more affordable now.
Let’s start with the basics.
Know How Much Money you can save.
Solar & Wind Power is now cheaper than Electricity from the your Electricity Board.
The Cost of producing Electricity from solar is in the range of 2.6 – 2.8 Rs/kWh according to the recent tenders in Solar Energy Corporation of India a part of MNRE. The cost of generating electricity from Wind power is around 3Rs/ kWh. Whereas the Industrial and commercial establishments are paying 6-8Rs/KWh of electricity and sometimes even more.
What is Green Energy Open Access (GEOA)?
- According to the Electricity Act of India, Any consumer with a connected load (Demand) of 100kW+ in their factory or commercial space, can buy green energy from anywhere in India using the Electricity Grid Network of India.
- Earlier one could only purchase power from the local Electricity board which supplied power in the area where your factory was located
- Electricity Purchased from the same state will Account for Intra-state Open Access and its associated charges and If the Electricity is produced in one state and consumed in another state, then inter-state Open access charges will be applicable.
Now you must be wondering what are these charges and how is it possible that green electricity is cheaper. Though there are so many additional charges?
The Major Reason why Green Power is now Affordable for Industries and commercials are as below..
- The Primary reason is that Large scale Wind and Solar Power Generation is cheaper compared to Conventional Power Plants in India.
- The Recent trends show that the Solar Power Generation Tender Floated by Solar Energy Corporation (SECI) has determined a tariff of supplying 1800MW of Solar Power at 2.60Rs/kWh/. This is primarily attributed to reduced module and inverter prices over the years.
- In terms of Wind Power, the Power Generation has reached tariff levels of 2.8Rs/kWh – 2.9Rs/kWh.
- The Second reason why opting to buy electricity through Green Energy Open Access Route in India is because the Retail Commercial and Industrial Electricity tariffs are increasing every year and has reached rates as high as 7Rs/kWh – 8.5Rs/kWh.
Now Do you see what we are getting at?
Buying Electricity from the Local Electricity Board is Expensive for Commercial and Industrial Consumers rather, Buy Electricity from Cheap Renewable Energy sources like Wind and Solar Power and reduce your overall Electricity Bill.
Wind / Solar Power Generation Rates (PPA) + Open Access Charges < Electricity from Local Grid
Buying Green power from a Solar / Wind Company and paying additional Open Access charges for using the National and State Electricity Network and Drawing electricity at your factory is still cheaper than buying Electricity from the Local Electricity Board.
Is Green Electricity Stable source of Power?
Now your next question must be that Wind and Solar power is not available throughout the day what do I do then?
That’s when Hybrid Power Plants takes care of most of the concern, where solar takes care of morning time demand and wind takes care of night time and wind season demand and the remaining you can draw from the electricity grid.
Let’s say your Electricity Consumption is as follows Example.
|Electricity Consumption Annually||10,00,000||Units (kWh)|
|Current Electricity Tariff||7||Rs/KWh|
|Electricity Bill Annually||70,00,000||Rs.|
|Solar Power Generation||200000||KWh|
|Solar Power Purchase Agreement (PPA)||4||Rs/kWh|
|Wind Power Generation||6,00,000||Kwh|
|Total Green Energy Consumed||2,00,000 @ 4Rs 6,00,000 @ 4.2Rs|
|Remaining 2,00,000 from Electricity Grid at 7Rs|
|Total Money Saved||70,00,000Rs – 47,20,000 = 22,80,000 Rs*|
|The above is only for illustration and not actuals. It also does NOT account Open access Charges.|
This means one can easily save up to 1.0-3.0Rs/kWH of Electricity Bill. For large consumers this becomes huge savings annually.
What do I need to Consider Before Opting in for Green Energy Open Access for my factory or Commercial Units?
- You should have a connected load of 100kW and More. You can get this from your Electricity Bill
- Your Unit Electricity Tariff should be above 5Rs/kWh
- Each state in India has different Open Access Charges and Subsidies.
- Talk to our Energy Traders for the best Guidance
Embracing a Greener Future: Your Guide to Renewable Energy in India
Welcome to the era of sustainable power! As a forward-thinking business or conscientious individual in India, you’re likely exploring how to contribute to a greener planet. Let’s dive into the world of renewable energy and discover how you can make a significant impact.
Why Choose Renewable Energy?
The shift towards renewable energy is not just a trend; it’s a necessity. With the growing concerns about climate change and environmental degradation, it’s crucial to reduce our carbon footprint. By choosing renewable energy, you’re not just powering your home or business; you’re investing in the future of our planet.
Renewable Energy Providers India: A Diverse Market
India’s renewable energy sector is booming, offering a variety of options for consumers. From established giants to innovative startups, Renewable Energy Providers India are at the forefront of this green revolution. They offer a range of solutions tailored to different needs and budgets, ensuring that going green is accessible to all.
- Adani Green Energy Limited: Part of the Adani Group, this company is one of the largest renewable energy companies in India, focusing on solar and wind energy.
- Tata Power Renewable Energy Limited: A subsidiary of Tata Power, this company is involved in wind, solar, and hydroelectric power generation.
- ReNew Power: One of the largest renewable energy companies in India, ReNew Power operates in the solar and wind energy sectors.
- Azure Power: A leading solar power producer in India, Azure Power develops, constructs, and operates solar projects of varying scales.
- Hero Future Energies: This company focuses on wind, solar, and biomass energy, aiming to provide innovative and sustainable energy solutions.
- Greenko Group: A major player in renewable energy in India, Greenko specializes in wind, solar, and hydro projects.
- Suzlon Energy: Primarily known for its wind energy solutions, Suzlon is one of the leading renewable energy companies in India.
- ACME Solar: ACME Solar is a prominent solar power company in India, with a significant presence in solar photovoltaic projects.
- JSW Energy: While JSW Energy has interests in thermal power, it has been increasingly investing in renewable energy sources, particularly in solar and wind.
- Waaree Energies Ltd.: One of the leading players in the Indian solar industry, Waaree Energies manufactures solar PV modules and provides EPC services.
Sustainable Power Plans India: Tailored to Your Needs
Every consumer has unique energy needs, and Sustainable Power Plans India cater to this diversity. Whether you’re a small business looking to reduce costs or a large corporation aiming to meet sustainability goals, there’s a plan for you. These plans not only help in reducing your carbon footprint but also in managing your energy expenses more effectively.
Eco-Friendly Electricity Options India: Beyond Just Power
When we talk about Eco-Friendly Electricity Options India, it’s not just about the source of power. It’s also about how energy is generated, distributed, and consumed. These options often come with the added benefits of being more efficient and less harmful to the environment.
Solar Energy Subscriptions India: Harnessing the Sun
One of the most popular forms of renewable energy, Solar Energy Subscriptions India, allows you to harness the power of the sun. With abundant sunshine year-round, solar energy is a practical and cost-effective choice. Plus, with advancements in technology, solar panels are now more efficient and affordable than ever.
Wind Energy Tariffs India: The Power of the Breeze
Wind energy is another key player in India’s renewable energy landscape. Wind Energy Tariffs India are becoming increasingly competitive, making it a viable option for many. Wind farms are sprouting up across the country, contributing significantly to our energy mix.
Green Power Suppliers India: Pioneers of Change
Green Power Suppliers India are not just energy providers; they are pioneers leading the charge towards a sustainable future. They are constantly innovating and finding new ways to make renewable energy more efficient, reliable, and affordable.
Clean Electricity Packages India: A Comprehensive Approach
Clean Electricity Packages India offer a comprehensive approach to green energy. These packages often include not just the supply of renewable energy but also services like energy audits, efficiency improvements, and even carbon offsetting options.
Environmentally Friendly Energy India: A Collective Responsibility
Adopting Environmentally Friendly Energy India is a collective responsibility. It’s not just about individual choices; it’s about creating a movement towards sustainability. By choosing green energy, you’re joining a community committed to making a difference.
Renewable Electricity Sources India: Diverse and Abundant
India is blessed with a variety of Renewable Electricity Sources India, from solar and wind to hydro and biomass. This diversity ensures a steady and reliable supply of green energy, catering to the vast energy needs of a growing nation.
Carbon Neutral Energy Solutions India: The Ultimate Goal
The ultimate goal of all these efforts is to achieve Carbon Neutral Energy Solutions India. This means balancing out any carbon emissions by investing in renewable energy and other carbon offsetting initiatives. It’s a lofty goal, but with collective effort, it’s within reach.
Conclusion: Join the Green Revolution
The journey towards a sustainable future is ongoing, and every step counts. By choosing renewable energy, you’re not just making a wise business decision; you’re contributing to a larger cause. The options are diverse, the technology is advancing, and the time to act is now. Join us in this green revolution and be a part of the change you wish to see in the world. Let’s work together to create a cleaner, greener, and more sustainable India.
What are the factors in the Open Access Charges
- CTU Losses
- CTU Charges
- STU Losses
- STU Charges
- Electricity Duty
- Wheeling losses & Charges
- Banking Charges
- Additional Surcharge
- Cross Subsidy Surcharge
- Load Dispatch & Scheduling Charges
- Grid Stability Charges.
There are many waivers and exemptions for these charges across various states.
Submit your details below. And We shall get back to you.