How do solar panels work in Sri Lanka?

Solar panels convert sunlight into direct current (DC) electricity. The efficiency of these panels can vary, but in Sri Lanka, with its average solar irradiation of around 4.5 to 5.5 sun hours per day, solar panels can generate significant amounts of electricity. High-quality solar panels often use materials like P-type and N-type silicon cells.

How long does a solar installation last in Sri Lanka?

The payback period for industrial solar installations in Sri Lanka typically ranges from 3 to 4 years. Efficient project designs and use of high-quality components contribute to favorable ROI. The upfront costs for a factory-sized solar installation can be significant.

Are solar panels tax deductible in Sri Lanka?

Government Incentives: Although there are no specific subsidies for solar systems in Sri Lanka, homeowners can deduct a portion of installation costs from their taxable income—the solar industry benefits from tariffs supporting energy adoption.

Why should you choose a residential solar system in Sri Lanka?

Adopting a residential solar system in Sri Lanka can lead to substantial savings on electricity bills, enhance energy security, and contribute to environmental sustainability. Whether opting for an on-grid, off-grid, or hybrid system, working with certified professionals is crucial to ensure a properly designed and installed system.