Top Benefits of Solar Panels for Homes and Businesses

In this blog, Ankit Vyas breaks down the key benefits of solar panels, explaining how they help households and businesses in Madhya Pradesh save money, avoid power cuts, and secure long-term energy stability.

Let’s begin!

Electricity tariffs keep increasing every year in Madhya Pradesh. Most recently in April 2025, the tariffs increased by 3.46%. Despite the increase in tariff rates, issues related to power cuts are still prevalent in cities like Ujjain and Indore. 

That’s why more families and businesses are turning to solar. While it’s a futuristic investment, it’s also a practical solution to the everyday problem of power cuts. 

The benefits of solar panels go far beyond saving money. Solar panels offer long-term stability, freedom from grid dependence, and increase the overall value and appeal of your property. Moreover, with government subsidies and easy financing in place, the timing to go solar has never been better.

In this blog, we’ll walk you through the top benefits of solar panels, bust common myths, and honestly address the challenges you should consider before making the switch.

Top Benefits of Solar Panels for Homes

Lowers Electricity Bills

The most obvious benefit of solar panels is low electricity bills. A rooftop system in Bhopal can generate 70–90% of the average household’s annual energy needs. That means thousands of rupees saved every year, money that can be invested elsewhere.

Generate Uninterrupted Electricity

Frequent power cuts in cities like Bhopal and Ujjain disrupt life. By setting up a solar plant for your home, you are no longer dependent on Government electricity. It ensures 24/7 electricity access for you and saves you from power outages. 

Save Money with a Government Subsidy

Under PM Surya Ghar Muft Bijli Yojana, households installing rooftop solar in MP get subsidies up to ₹78,000 for 3 kW systems. This lowers upfront costs significantly. Combined with easy EMI options, solar is no longer just for the affluent—it’s affordable for middle-class families too.

Low Maintenance, Longer Lifespan

At Green House Solar, we provide tier-1 solar panels that come with a warranty of 25 years. Apart from cleaning dust and periodic servicing, they run smoothly without additional costs. Homeowners can enjoy decades of cost-effective, clean electricity with minimal maintenance. Moreover, we provide free annual AMC for 5 years. 

Protection Against Rising Tariffs

Electricity tariffs in MP have steadily increased over the past decade. By generating your own electricity, you shield your household from these hikes. A rooftop solar system locks in your energy cost at near zero, offering long-term financial stability compared to ever-rising power bills.

Embrace Sustainable Living

Solar electricity reduces carbon emissions. They generate no harmful emissions or cause pollution. A typical home solar system prevents 3-4 tons of carbon emissions annually. This equals planting over 100 trees every year. 

Cooling Effect on Rooftops

This is an unknown benefit os solar panels no one talks about. By shading your roof, solar panels can reduce direct heat and actually lower indoor temperatures by 1–2°C. In cities like Ujjain & Bhopal, where temperatures are high, this can be a welcome value-added advantage of solar panels. 

You may also like – Solar Prices in Bhopal 2025

Top Benefits of Solar Panels for Business

Tax Benefits and Accelerated Depreciation

Businesses installing solar plants can claim 40% accelerated depreciation under Indian tax laws. This reduces taxable income and boosts ROI. For large-scale units, this tax benefit alone can cut the effective cost of solar by 20–25% in the very first year.

Competitive Advantage

By cutting energy costs, businesses can offer better pricing or enjoy higher profit margins. A textile unit in Bhopal or a food factory in Ujjain running partly on solar gains a real edge over competitors still dependent on costly grid power.

Significant Cost Savings

Commercial tariffs in MP can cross ₹8–10 per unit. A 100 kW solar power plant can save businesses ₹10–12 lakh annually in electricity costs. These savings directly improve bottom-line profitability and pay back the installation cost within 3–4 years.

Improve Your ESG Score

Embracing solar energy helps improve ESG scores and makes the business more attractive to partners who value green practices.

Scalable Systems

From a 10 kW rooftop system for a small office to a 1 MW plant for a large factory, solar can be designed to scale as businesses expand.

Check out our recent blog on: Is Solar for Business a Good Idea?

Common Myths About Solar Energy (And Truths)

Solar Panels Don’t Work on Rainy Days

Truth – Modern solar panels can still generate 10-20% output on rainy days. In regions like Bhopal and surrounding regions that receive less rainfall, solar energy can be effective. 

Solar is too Expensive for the Middle Class

Truth – With subsidies up to ₹78,000 for 3 kW systems, solar is now more affordable than ever, even for middle-class households. Moreover, to cater to high upfront costs, there are easy and flexible EMIs in place. 

Solar Panels Damage Rooftops

Truth – Professional installations ensure panels are safely mounted. In fact, panels protect roofs by shading them from heat and weather.

Solar Requires Plenty of Maintenance

Truth – Solar panels require minimal maintenance. Regular cleaning every few weeks and annual service are sufficient. 

Check out our detailed blog on: 7 Common Solar Panel Myths You Should Stop Believing

Challenges to Consider When Setting Up Solar

While the advantages of solar panels far outweigh their challenges, it’s still important to understand some of them before setting up solar. 

Space Requirements

Solar panels need adequate, shade-free rooftop or ground space. Limited rooftop space may restrict capacity. 

Battery Storage Costs

Energy storage adds reliability but comes at a cost. Batteries can account for 30–40% of the total project cost.

Quality of Installation

The performance of a solar system depends heavily on proper design and installation. Poor wiring or substandard components can reduce efficiency by 15–20%. Hence, it’s important to partner with a vendor having a proven track record of setting up residential and commercial solar panels. 

High Upfront Investments

Even with subsidies, the initial cost of installation can feel high for households and small businesses. A 3 kW system may cost ₹1.5–2 lakh before subsidy.

High Dependency on Climate

While Madhya Pradesh gets plenty of sunshine, cloudy weeks can reduce efficiency. You should take this into account. 

Conclusion

From substantial cost savings to environmental benefits, solar energy offers advantages that extend far beyond lower electricity bills. For residents of Bhopal, Indore, and Ujjain, solar energy is definitely a smart investment for the future. 

Yes, there are a few challenges, but with the right installer and government support, the advantages of solar power plants far outweigh the disadvantages.

If you’re ready to make the switch, explore our solutions for residential solar panels or industrial solar systems. 

The sun is free, so why not use its rays to your advantage?