Energy
0

Rooftop Solar Panels Underpin Household Income in S. Khorasan

Homes in small towns wanting to set up a rooftop station are eligible for up to $3,000 in loan from the National Development Fund of Iran
Rooftop Solar Panels Underpin Household Income in S. Khorasan
Rooftop Solar Panels Underpin Household Income in S. Khorasan

Households in some deprived regions in South Khorasan Province that have built solar panels on their rooftops are earning almost $75 per month, the head of the provincial Regional Electricity Company said.
"Close to 155 families have rooftop solar panels producing 5 kilowatts on average," Mohammad Ibrahim Shoraka said, IRIB reported Tuesday. 
Each photovoltaic panel with one kilowatt capacity can generate 200 kW of power in 30 days. The state-owned Renewable Energy and Energy Efficiency Organization, aka Satba, buys each kilowatt of electricity for 8 cents, meaning households selling one kilowatt can earn $16 per month.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com