Banking on solar energy: How the bill reduced from Rs. 60,000 to Rs. 500

IMG-20150716-WA0006When you think of a metropolis, a swanky image comes to mind – complete with visions of non-stop water supply, butter smooth roads and 24/7 power supply. But it will come as a surprise to many that there are pockets in India’s urban centres where electricity comes for a mere two to three hours, leading to disruption of work and incurring high expenditure in the deployment of gen-sets.

Till recently, the Indian Overseas Bank branch in Dadri, Greater Noida, was facing a similar problem. However, Su-Kam and its channel partner Green Vidyut came to its rescue.

“The branch was plagued by long power cuts, that too in the working hours,” says Mr. Sahil Singhal, owner, Green Vidyut.

From Rs. 60,000 to Rs. 500

His team of ten technicians and solar experts has collaborated with Su-Kam to solve the power issues of five branches of the Indian Overseas Bank in Wazirabad (Gurgaon), Kheri Kalan (Faridabad), Dadri (Greater Noida), Sector 22 Noida and Ghaziabad. They have also installed a solar water heater at the State Bank of India branch in New Friends Colony.

“We identified banks that were spending nearly Rs 60,000 to a lakh on gen-sets and offered them a solution. Today, thanks to our system design, their electricity bill has come down to a measly Rs 500 a month,” says Mr. Singhal.

How does the system work?

The teams from Su-Kam and Green Vidyut have designed a system that can take care of the bank branch’s overall electricity needs. The off-grid system includes:

  • 3KW control system
  • 8 solar panels of 2 KW each
  • 3KW UPS

The solar-powered system offers the branch a backup of 6 hours a day and can take care of all the electricity load. Most of the branches need three computers, one printer, six lights and four fans to be powered and the system takes care of that seamlessly.

The economical cost of installation – Rs 4 lakhs – adds to the many attractions of this energy efficient system. Su-Kam also offers a warranty of five years for the system and of 25 years for the panels.

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Regular power supply resulted in happy consumers

“There are absolutely no power glitches, thanks to this system. Now, even if we don’t get electricity from the main grid for a major chunk of the day, our power needs are taken care of,” says Mr. Balvinder Kumar, branch manager of the Indian Overseas Bank in Wazirabad. The reduction in electricity costs has also led him and the employees to heave a sigh of relief. “We now get a bill of only Rs 2,500 for two to three months,” says Mr. Kumar.

The satisfaction level of consumers and the efficient working of the system has inspired Mr. Singhal and the Su-Kam team to replicate this success in other banks as well.

Read More:

Delhi house goes solar

Comments

comments

  1. Solar Water heater for domestic purpose will reduce the bill 75% and thanks for sharing these great article. I bookmarked your article for future reference.

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