Solar Energy Systems, Solar Power Plants

Commercial entities generally have a bigger requirement of Solar Power Plants and Solar Power Plants for them can vary from small sizes to large scale Solar Power Plants. The businesses have the most profit making opportunity by using Solar Power Plants as Solar Power Plants when used as a substitute for diesel generator which can payback its initial investment within a period of 5-6 years and for the balance period of 18-19 years of the Solar Power Plant life the organization can receive energy at free of cost. The factors that requires a commercial organization to use Solar Power Plants as their backup power supply source are (1) 80% accelerated depreciation benefit and (2) rising diesel prices. The price of diesel in India has been rising at around 17% per annum and at present diesel electricity costs around Rs 17/KWh. In this trend in a few years from now diesel electricity will cost around Rs 40-50/KWh which will be a huge burden for any organition to bear the cost of producing electricity from diesel generator. At present many commercial entities like Schools, Hospitals, Hotels, factories etc have expenditure on diesel per month about varying from Rs 50,000/month to Rs 500,000/month. Solar Power Plants for these organizations as Diesel Generator substitute can be a ugely beneficial thing.