Rooftop Solar for Flat Owners
We often think that solar panels are just for individual home or bungalow owners. Still, with this option by Ksquare Energy, you can install solar panels at your flat on a shared space basis.
This initiative allows individual flat owners to install their solar systems on the shared building terrace. This innovative approach ensures that each flat owner can independently benefit from solar installation. Below are the benefits of installing solar panels for flat owners.
Save on electricity Bills
Installing solar panels can cut your electricity bills significantly. This encourages an increase in savings.
Gain Energy Independence
By generating your electricity, you’ll rely less on the grid, giving you more control over your energy sources and reducing your vulnerability to rising electricity unit costs.
Enjoy Lower Utility Costs
With solar energy, you’ll see a noticeable drop in your utility expenses, making your finances easier to manage.
Avoid Future Price Hikes
Solar panels help you lock in lower energy costs, so you won’t be caught off guard by increasing energy prices.
Environmental Impact
Contribution to a greener environment by utilizing renewable energy like solar.
Government subsidy
The installer will receive an individual subsidy, which will be directly credited to their respective bank accounts by the government.
How will the division of the terrace?
The terrace will be divided equally among all flats, with each tenant receiving an equal portion of the terrace space. Each unit will be provided with a separate meter and individual connections. If a tenant chooses not to use their allocated terrace area, it will remain vacant, and no solar panels will be installed in that space.
Let’s understand this with an example: