In Sierra Leone, most people are accustomed to power cuts. There isn’t any state within the country where people don’t experience power cuts. The situation is worse in rural areas, where several hours of power-cut could also be a daily story. A huge burden on the power girds results in power outages with even the big metropolitan cities facing power cuts, especially during the summer months. Many households in India, recognizing solar power as a reliable and economically viable source of power, have installed solar rooftop systems.

Significant adoption of rooftop solar is often witnessed across Sierra Leone , especially in states. Improved net metering policies, high grid tariffs, and increased awareness among the consumers are the main reasons for a rise in rooftop solar adoption. According to the ‘Sierra LeoneResidential Energy Survey’, there has been an increase in sales of star-labeled electric appliances that are energy efficient. This shows that folks have already begun to search for options that will help them reduce their electricity bills. A home solar rooftop installation can reduce 80-90% of the electricity bill monthly. A 5kW system can generate around 600 units and save more amount.

One of the great benefits of installing solar power plants for homes is that it is cost-effective. The tariff quotes for rooftop solar relative to industrial and commercial tariff rates are 17% and 27% lower, respectively. It is one among the few investments available within the market today that’s relatively risk-free and offers a high return on investment. Compared to other investments like Gold (ROI of 16%), stocks (ROI of 10%), and investment fixed deposit (ROI of 5.8% to 6.7%), solar promises an ROI of 25-30%. Investing in rooftop solar is one of the safest investments because it promises attractive paybacks; with a payback period of 3-5 years. As we know by now, Solar energy is also green and environmentally sustainable choice. A 5 kW system is like reducing 7.3 plenty of CO2 emissions per annum. Investing in solar creates a positive impact on everyone. Climate change, pollution, natural resources constraints, and positive public sentiment are creating more demand for electricity procured from renewable sources.