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Costing of System with Battery Back-up of 5Hrs Approx. costing of 1KW plant with 5 hrs battery back-up Capital Subsidy from MNRE @ 30% Effective Cost of System Costing of System without Battery Back-up Approx. costing of 1KW plant Capital Subsidy from MNRE @ 30% Effective Cost of System
Savings: If 50% of these solar generated units (50% of 1650) were taken from grid then, Monthly Saving from decreased Grid usage = Rs. 4, 950 (6*825)
(Cost of Grid electricity assumed= Rs. 6/- per unit)
If 50% of these solar generated units (50% of 1650) were taken from DG set then, Monthly Saving from decreased DG set usage =Rs. 12, 375 (15*825) (Cost of electricity Generation using DG= 15/- per unit)
PAYBACK CALCULATION
With Battery Back-up:
Payback = Capital Investment / Annual Saving.
Commercial & Industrial users can also claim 80% depreciation in 1st year to save Income tax. Terms & Conditions
Payment Terms: o 20% advance by Demand Draft / Cheque in favour of Godrej payable at MUMBAI along with Purchase Order. o 65% against Performa Invoice before dispatch of the material. o 15% against successful installation and commissioning. o All applicable taxes, duties will be charged extra on the above cost.
This sheet should be used only for rough estimation, actual quotation will be delivered by Godrej.