An on-grid or grid-tied solar system is a system that works along with the grid. This means that any excess or deficiency of power can be fed to the grid through net metering. Many residential users are opting for an On-grid solar system as they get a chance to enjoy credit for the excess power their system produces and save on their electricity bills. You will always have power either from the solar system or from the grid. They do not have batteries

On-grid solar systems are very cost-effective and easy to install. Businesses can recoup the cost of their investment by offsetting electricity bills in just 3-8 years. If a private, commercial or industrial building sets up a solar PV rooftop system it will be eligible to avail an ‘Accelerated Depreciation Benefit’ which is currently 80% in a year. At this rate, a business can completely depreciate the whole value of the project in approximately 4 years. Residential users and business owners can earn a passive income for the surplus energy generated by the system.