Project Overview
- Client: Mr. Thomas K Mathew
- Installer: Jibin Solar Energy Pvt. Ltd.
- System Capacity: 5 kW grid-connected rooftop solar
System Details
- Panels: High-quality Luminous solar modules installed on rooftop
- Inverter & Balance of System: Including mounting, cabling, net-metering setup, civil work — typical budget for similar installations is around ₹500,000.
- Total Estimated Cost: ₹500,000 (based on industry standard for 8 kW systems)
Electricity Generation & Earnings
- Annual Generation:~12,000 kWh (approx. 32 kWh/day × 365 days)
- Average Tariff:₹7 per kWh (range ₹7–7.5 per kWh)
- Estimated Annual Earnings/Saving:₹84,000 (12,000 × ₹7)
Return on Investment (ROI)
- Estimated Payback Period: ~6 years ₹500,000 investment ÷ ₹84,000 annual saving ≈ 5.9 years Post-payback, continuous savings contribute to long-term RO
Summary Table
| Parameter | Value |
|---|---|
| System Capacity | 8 kW |
| Installed Cost | ₹500,000 |
| Annual Generation | 12,000 kWh |
| Tariff Rate | ₹7/kWh |
| Annual Savings | ₹84,000 |
| Estimated Payback | ~6 years |
Final Takeaway
The 8 kW solar installation by Jibin Solar for Mr. Thomas K Mathew is a smart investment: it delivers substantial annual savings, a dependable ROI, and reduced carbon footprint. Plus, the quality of service, equipment, and financial facilitation makes it a compelling choice for sustainable energy adoption.
