Key benefits

Cost Savings and Energy Efficiency

Reduction in Electricity Bills: Hospitals consume vast amounts of electricity daily. By installing solar panels, hospitals can significantly reduce their reliance on the grid and lower their monthly electricity expenses. Solar energy can offset a substantial portion of energy needs, ensuring long-term savings.

Fixed and Predictable Costs: Solar energy allows hospitals to lock in predictable energy costs for the next 20-25 years. Given the rising energy tariffs in India, solar panels act as a hedge against future price hikes in conventional electricity.

Reliable and Uninterrupted Power Supply

Essential for Critical Operations: Hospitals require a constant and reliable power supply to ensure the smooth functioning of medical equipment, lighting, air conditioning, refrigeration for medicines, and other vital systems. Solar power can help provide backup during grid failures and power cuts, which are common in many parts of India.

Energy Independence: Solar panels help hospitals become less dependent on the local power grid, reducing the risk of downtime during power outages or grid failures. By integrating solar with energy storage systems (batteries), hospitals can achieve round-the-clock power supply, ensuring that critical systems remain operational even during blackouts.

Government Incentives and Subsidies

Financial Assistance: The Indian government offers various incentives for adopting renewable energy, including subsidies, tax rebates, and low-interest loans. Hospitals can take advantage of schemes like the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) or the National Solar Mission to make solar installation more affordable.

Accelerated Depreciation: For hospitals investing in solar energy, the government offers accelerated depreciation benefits, which can help recover a significant portion of the installation cost within the first few years.

Sustainability and Green Image

Reduce Carbon Footprint: Solar power is a clean, renewable energy source that helps reduce carbon emissions. By adopting solar panels, hospitals can significantly cut down their environmental impact and contribute to India’s goals for a greener future.

Corporate Social Responsibility (CSR): As sustainability becomes an increasingly important issue, hospitals can enhance their reputation by adopting renewable energy solutions. Going solar showcases a commitment to environmental stewardship, which can be a valuable asset for hospitals aiming to boost their public image and attract environmentally conscious patients and partners.

Enhanced Patient Experience

Improved Air Quality: Many hospitals, especially large ones, have HVAC systems that require substantial energy to maintain indoor air quality. By using solar energy, hospitals can reduce their environmental impact while maintaining a comfortable environment for both patients and staff.

Cost Savings for Patients: Lower operational costs from solar energy can potentially result in more affordable treatment and services for patients. The savings from reduced energy bills may allow hospitals to reinvest into healthcare services and improve the quality of patient care

Long-Term Investment

Durability and Low Maintenance: Solar panels have a lifespan of 20-25 years, making them a long-term investment that offers reliable energy production with minimal maintenance. Once installed, the maintenance costs are relatively low compared to other energy solutions, making solar power an economical choice for hospitals in the long run.

Increased Property Value: Installing solar panels adds value to hospital properties, enhancing their appeal for future buyers or investors. It can be an attractive feature for those looking to make the facility more energy-efficient and sustainable.