This business is a money printing machine for the villagers, the government is giving subsidy - Newztezz Online

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Saturday, March 16, 2024

This business is a money printing machine for the villagers, the government is giving subsidy


The Government of India also runs many schemes to promote and encourage such small and big startups. Today we are going to tell you about such a business idea, which you can start on your rooftop and earn big money.

In today's time, almost every person wants to start his own business. There are many working people who work on business ideas in their spare time after working hours. Some people are successful in generating the idea, while others take it to completion. The Government of India also runs many schemes to promote and encourage such small and big startups. Today we are going to tell you about such a business idea, which you can start on your rooftop and earn big money.

Make money from solar panel business

Solar panels can be installed anywhere. The roof of the house is a suitable place for this. It is obvious that sunlight must be coming on the roof! So you can generate electricity by installing solar panels there and can also supply it to the government grid. If you want to install solar panels, you can avail 30 percent subsidy on rooftop solar plant from the Ministry of New and Renewable Energy of the Central Government. Or if you get it installed at your own expense, it will cost around Rs 1 lakh. Now the government is also providing separate subsidy under Suryodaya Yojana.

Jugaad of earning for 25 years

The average lifespan of solar panels is 25 years. There is no expense in maintenance also. The battery will have to be changed in just 10 years, which will cost around Rs 20 thousand. The electricity generated from this panel will remain free for you. At the same time, you can also sell the electricity left from your use to the government or company through the grid. This means earning along with free electricity.

If you install a two kilowatt solar panel, then about 10 units of electricity will be generated from 10 hours of sunlight. That means 300 units of electricity in a month. Even if the consumption in your house is 100 units, you can sell the remaining 200 units to the government. You will be paid as per the rate prescribed in each state.

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