Solar Panels help Reduces Electric Bills up to 90%
Yes you heard that right! You may reduce electricity bills by installing grid-connected system and hybrid system. If you are living in an area where power cuts are less frequent and you want to implement solar PV system to reduce your electricity bill then the best solution would be to go for a grid-connected solar PV system. A grid connected rooftop solar power plant may help domestic segment to reduce their electric bills up to 90% for next 25 years at least. It will cost you anywhere between 43,000-73,000 per kWp (cost varies based on the type of inverter and panels you choose).
Use of Solar Panels in Domestic Segment to combat with frequent power cuts
If you are living in an area where there are frequent power cuts, then the best solution for you would be to go for an Off Grid Solar PV system will include batteries, which are an expensive part of the system and these would need replacement every few years (5-8 years). A typical 1 kWP Off Grid Solar PV System would cost about Rs. 83 Thousands including batteries.
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https://dayrisesolar.com/use-of-solar-panels-in-domestic-segment/
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