Solar Thermal Systems

Apart from the direct savings of fuel, by using Solar Thermal systems, industries can get other benefits as follows

• Working time of boilers can be reduced , thereby reduce the work load of boiler technicians

• Savings in electricity cost-of Blowers /ID and OD fans which will be used in the boiler area

• Save labor charges and loading —unloading charges • Save storage area charges, transportation charges — as the fuel quantity will be reduced.

• Tax benefits — The industry also profits from an accelerated depreciation, which allows companies to deduct 80 % of the investment costs on the first tax declaration after the investment.

• MNRE (Ministry for New 8 renewable Energy) Govt. of India subsidy available.