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CONSUMER
PERCEPTION
TOWARDS SOLAR
POWER SOLUTIONS
Imran Khan & Saurabh Gupta
EMBA,
Delhi Technological University
What is Solar Energy?
 A clean renewable source of
energy with zero emission
 Conversion
of sunlight into electricity,
either directly
using photovoltaics (PV) or
indirectly using concentrated
solar power (CSP).
 Concentrated solar power
systems use lenses or mirrors
and tracking systems to focus a
large area of sunlight into a
small beam.
 Photovoltaics convert light
into electric current using
the photovoltaic effect.
Earlier View
 Energy from the sun: source for all planets, mainly for
our earth, as it supports life. Considered as primary
energy source
 It provides energy to all living beings
 Helps in photosynthesis process
 Also used for cooking food, drying clothes etc.
Modern View
 Today SUN is not only used for preparing food.
 It is used as an ALTERNATIVE SOURCE OF ENERGY.
 Solar energy is widely used all over the world as a
source for generating power.
 Used for heating water, transport and
reconnaissance, solar cooker, producing
electricity, water treatment , architecture and
horticulture.
 World population rising at an alarming pace
 Doubled from 3.2 billion in 1962 to 7 billion in 2015
 Forecasted to grow to 9.2 billion by 2050.
 Natural resources (such as oil, gas, coal, uranium)
depleting @ approx same rate
 Puts pressure on the energy sector to move away
from carbon burning to solar and other
environmentally friendly and renewable options.
 India, with more than 1.25 billion people stands fifth in
the world in the production and consumption of
electricity.
Market Scenario
 The power produced in the country is mostly from coal
(53%) and it is predicted that country’s coal reserves won’t
last beyond 2040-50.
 More than 70% population living in villages and half of the
villages remain without electricity.
 To meet this surging demand, solar energy is the best form
of energy to fulfil the energy needs of India and bridge the
energy demand-supply gap.
 The geographical location (near to Tropic of Cancer) of the
country stands to its benefit for generating solar energy.
Market Scenario cont…..
Government Initiatives
 Subsidy Scheme to Promote Solar Energy through the
Jawaharlal Nehru National Solar Mission (JNNSM–With a
target of 20,000MW till 2022)
 30% subsidy is given by central government for home solar
power plants and AP Govt. to offer 20% extra subsidy for
solar units.
 National Bank for Agriculture and Rural Development
(NABARD) is giving 50% loan for solar products.
 For households below the poverty line, 100% capital
subsidy would be provided as per norms of the Kutir Jyoti
Program.
Cont......
 Generation based incentive for grid interactive solar
power generation projects (PV and Thermal both).
 Programme on “Accelerated development and
deployment of solar water heating Systems in domestic,
industrial and commercial sectors”.
 Revised Scheme on “Demonstration and Promotion of
Solar Photovoltaic Devices/Systems in Urban Areas and
Industry”.
 Continuation of the Scheme on “Promotion of Solar
Thermal Systems for air heating/Steam generating
applications, Solar buildings and Akshay Urja Shops”.
 Implementation of the programme on “Development of
Solar Cities” during 12th Plan period including 2012-17.
Solar Development Schemes
 Solar Lantern
 Solar Home Lights
 Solar Street Lights
 Solar Power Plants
 Solar Water Heaters
 Solar Cooker
 Solar Stills
 Solar Add-On Systems
 Solar Chargers
Types of Solar Power Products
 Research Objective: To understand the consumer
perception and attitude towards the usage of solar power
solutions in Indian context.
 Research Design:
 Exploratory till identification of parameters
 Descriptive when it comes to assessing consumer perception
OBJECTIVE & RESEARCH DESIGN
 Methodology : The study was conducted using
convenient sampling technique with the help of
structured questionnaire. The survey was restricted to the
residents of Delhi and NCR only.
 Data Source
 Primary Data: collected by means of a survey.
Questionnaire was prepared and floated online.
 Secondary Data: Books & articles from various search
engines like Google, yahoo search and answers.com.
METHODOLOGY & DATA SOURCE
SAMPLE INFORMATION
SAMPLING UNITS Delhi/NCR residents
SAMPLING SIZE 50 respondents
SAMPLING TECHNIQUE Convenient Sampling
RESEARCH INSTRUMENT Structured Questionnaire
MODE OF CONTACT E-mail & Online availability
Data Collection Tool : The questions measuring respondent
attitudes used Likert Scale (1-5),
1. Strongly disagree
2. Disagree
3. Neither agree nor disagree
4. Agree
5. Strongly agree
DATAANALYSIS & INTERPRETATION
10%
28%
35%
25%
2%
Income
upto 25,000
25,001 - 50,000
50,001 - 75,000
75,001 - 1,00,000
> 1,00,000
10%
29%
36%
25%
Education
Up to Class 12th
Graduate
Post - Graduate
Others
42%
48%
8%
2%
0%
Age
18-30
31-40
41-50
51-60
>61
87%
13%
Gender
Male
Female
12
7
15
12
4
0
2
4
6
8
10
12
14
16
Frequency of Power Cuts
Counts
16%
6%
78%
Awareness towards Solar Solutions
Completely
Somewhat
Unaware
KMO & Bartlett’s Test
 Measure of sampling adequacy
 Shows validity & suitability of responses collected to
problem
 Value of .792 indicating good analytical tool for factor
analysis
Cronbach’s alpha
 Not a statistical test
 A coefficient of internal reliability (or consistency)
 Value of .855 indicative of internal consistency within the
data
Rotated Component Matrix
 Simplify interpretation of factor analysis
 All factors such as performance, service, durability, quality,
etc. are strictly coherent to each other
Correlation Matrix
 Not a statistical test
 A coefficient of internal reliability (or consistency)
 Value of .855 indicative of internal consistency within the
data
Price is not a matter of concern for sample respondents
Word of mouth communication appears to be the most
effective mode of communication.
Alternative energy solutions desirable by 78% of sample
respondents
 However, only 22% are aware about solar power solutions
available as an alternative solution to conventional
electricity generation.
Conclusions
22% respondents awareness towards solar solutions
 UNTAPPED POTENTIAL in an already existing market situation
Increase awareness in rural areas.
Establish R&D setups to boost development and efficiency in
solar power solutions.
Roll out an educational course in Solar Engineering considering
the immense potential and market existing and foreseen in this
sector.
Recommendations
THANK
YOU

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Consumer perception towards solar products

  • 1. CONSUMER PERCEPTION TOWARDS SOLAR POWER SOLUTIONS Imran Khan & Saurabh Gupta EMBA, Delhi Technological University
  • 2.
  • 3. What is Solar Energy?  A clean renewable source of energy with zero emission  Conversion of sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power (CSP).  Concentrated solar power systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam.  Photovoltaics convert light into electric current using the photovoltaic effect.
  • 4. Earlier View  Energy from the sun: source for all planets, mainly for our earth, as it supports life. Considered as primary energy source  It provides energy to all living beings  Helps in photosynthesis process  Also used for cooking food, drying clothes etc.
  • 5. Modern View  Today SUN is not only used for preparing food.  It is used as an ALTERNATIVE SOURCE OF ENERGY.  Solar energy is widely used all over the world as a source for generating power.  Used for heating water, transport and reconnaissance, solar cooker, producing electricity, water treatment , architecture and horticulture.
  • 6.  World population rising at an alarming pace  Doubled from 3.2 billion in 1962 to 7 billion in 2015  Forecasted to grow to 9.2 billion by 2050.  Natural resources (such as oil, gas, coal, uranium) depleting @ approx same rate  Puts pressure on the energy sector to move away from carbon burning to solar and other environmentally friendly and renewable options.  India, with more than 1.25 billion people stands fifth in the world in the production and consumption of electricity. Market Scenario
  • 7.  The power produced in the country is mostly from coal (53%) and it is predicted that country’s coal reserves won’t last beyond 2040-50.  More than 70% population living in villages and half of the villages remain without electricity.  To meet this surging demand, solar energy is the best form of energy to fulfil the energy needs of India and bridge the energy demand-supply gap.  The geographical location (near to Tropic of Cancer) of the country stands to its benefit for generating solar energy. Market Scenario cont…..
  • 9.  Subsidy Scheme to Promote Solar Energy through the Jawaharlal Nehru National Solar Mission (JNNSM–With a target of 20,000MW till 2022)  30% subsidy is given by central government for home solar power plants and AP Govt. to offer 20% extra subsidy for solar units.  National Bank for Agriculture and Rural Development (NABARD) is giving 50% loan for solar products.  For households below the poverty line, 100% capital subsidy would be provided as per norms of the Kutir Jyoti Program. Cont......
  • 10.  Generation based incentive for grid interactive solar power generation projects (PV and Thermal both).  Programme on “Accelerated development and deployment of solar water heating Systems in domestic, industrial and commercial sectors”.  Revised Scheme on “Demonstration and Promotion of Solar Photovoltaic Devices/Systems in Urban Areas and Industry”.  Continuation of the Scheme on “Promotion of Solar Thermal Systems for air heating/Steam generating applications, Solar buildings and Akshay Urja Shops”.  Implementation of the programme on “Development of Solar Cities” during 12th Plan period including 2012-17. Solar Development Schemes
  • 11.
  • 12.  Solar Lantern  Solar Home Lights  Solar Street Lights  Solar Power Plants  Solar Water Heaters  Solar Cooker  Solar Stills  Solar Add-On Systems  Solar Chargers Types of Solar Power Products
  • 13.  Research Objective: To understand the consumer perception and attitude towards the usage of solar power solutions in Indian context.  Research Design:  Exploratory till identification of parameters  Descriptive when it comes to assessing consumer perception OBJECTIVE & RESEARCH DESIGN
  • 14.  Methodology : The study was conducted using convenient sampling technique with the help of structured questionnaire. The survey was restricted to the residents of Delhi and NCR only.  Data Source  Primary Data: collected by means of a survey. Questionnaire was prepared and floated online.  Secondary Data: Books & articles from various search engines like Google, yahoo search and answers.com. METHODOLOGY & DATA SOURCE
  • 15. SAMPLE INFORMATION SAMPLING UNITS Delhi/NCR residents SAMPLING SIZE 50 respondents SAMPLING TECHNIQUE Convenient Sampling RESEARCH INSTRUMENT Structured Questionnaire MODE OF CONTACT E-mail & Online availability Data Collection Tool : The questions measuring respondent attitudes used Likert Scale (1-5), 1. Strongly disagree 2. Disagree 3. Neither agree nor disagree 4. Agree 5. Strongly agree
  • 16. DATAANALYSIS & INTERPRETATION 10% 28% 35% 25% 2% Income upto 25,000 25,001 - 50,000 50,001 - 75,000 75,001 - 1,00,000 > 1,00,000 10% 29% 36% 25% Education Up to Class 12th Graduate Post - Graduate Others 42% 48% 8% 2% 0% Age 18-30 31-40 41-50 51-60 >61 87% 13% Gender Male Female
  • 18. 16% 6% 78% Awareness towards Solar Solutions Completely Somewhat Unaware
  • 19. KMO & Bartlett’s Test  Measure of sampling adequacy  Shows validity & suitability of responses collected to problem  Value of .792 indicating good analytical tool for factor analysis Cronbach’s alpha  Not a statistical test  A coefficient of internal reliability (or consistency)  Value of .855 indicative of internal consistency within the data
  • 20. Rotated Component Matrix  Simplify interpretation of factor analysis  All factors such as performance, service, durability, quality, etc. are strictly coherent to each other Correlation Matrix  Not a statistical test  A coefficient of internal reliability (or consistency)  Value of .855 indicative of internal consistency within the data
  • 21. Price is not a matter of concern for sample respondents Word of mouth communication appears to be the most effective mode of communication. Alternative energy solutions desirable by 78% of sample respondents  However, only 22% are aware about solar power solutions available as an alternative solution to conventional electricity generation. Conclusions
  • 22. 22% respondents awareness towards solar solutions  UNTAPPED POTENTIAL in an already existing market situation Increase awareness in rural areas. Establish R&D setups to boost development and efficiency in solar power solutions. Roll out an educational course in Solar Engineering considering the immense potential and market existing and foreseen in this sector. Recommendations
  • 23.