Survey Says 9 Out of 10 People Want To Install Solar At Some Point...
Golden Rule for Solar:
SOONER = WINNER LATER = LOSER
Losses Due to Monthly Bills
A Solar Plant will work for Minimum 30 Years and will give you benefit via Free Power/ Zero Electricity Bill.
Those who delay going solar and continue paying monthly bills are 100% losing out on the value of those bills. These are the biggest LOSSES.
Losses Due to Withdrawal of Subsidy Support
Once the government decides to withdraw subsidy, the ROI on plants will increase dramatically. PM Suryaghar is expected to continue till 2027,
but
Goa State Subsidy Scheme has a hard stop on 31st March 2026. In fact, there is already discussions for an early sunset for the state subsidy scheme.
Losses Due to Increase in Raw Material Prices
The cost of solar components has increased steadily, reflecting global instability, and our government's push to Make in
India. Here are some of the recent examples of price hikes:
a. Only panels made with DCR or Made in India cells qualify for subsidy. However, India's DCR production capacity cannot match the demand, leading
to panel prices jumping nearly 30%.
b.
Government imposed anti-dumping duty on Chinese glass used in solar panels, increasing panel prices by nearly 10%.
We expect the prices to go up further as we believe that the government will mandate Make in India for other solar components like inverters etc.
Losses Due to Missed Opportunities
A. Transformer Capacity Limitations
There is a limitation on the number of solar plants which can be installed per transformer. We expect the electricity department to start rejecting applications
if the transformer capacity is already achieved in that area. We recommend that you install before your neighbors!
B. Withdrawal of PSU Bank Loans
As part of the push for PM Suryaghar, PSU banks are giving unbelievable collateral free loans. Loans upto Rs. 2 Lakhs are free from income proof documents and CIBIL checks.
We expect these loans to wind down once PM Suryaghar targets are met.
C. Affiliate Program Losses
Under Anmax's affiliate program, our esteemed clients can further earn from their solar plant by referring them to us. The current rate is Rs. 1000/- per KW installed.
The more you wait, the more you will miss out on this opportunity to further earn from solar.