Investment Decision on Renewable Energy with Reference to Rooftop Solar PV- Household Prospective
Janardan Das1, Anup Kumar Samantray2, Duryodhan Jena3
1Janardan Das, Research Scholar, Management Studies, North Orissa University, Odisha, India.
2Dr. Anup Kumar Samantray, Dean, Institute of Business and Computer Studies (IBCS) (Faculty of Management Science), Siksha ‘O‘Anusandhan (Deemed to be University) Bhubaneswar, Odisha, India.
3Dr. Duryodhan Jena*, Associate Professor, Institute of Business and Computer Studies (IBCS) (Faculty of Management Science), Siksha ‘O‘Anusandhan (Deemed to be University) Bhubaneswar, Odisha, India.
Manuscript received on February 10, 2020. | Revised Manuscript received on February 20, 2020. | Manuscript published on March 30, 2020. | PP: 1421-1424 | Volume-8 Issue-6, March 2020. | Retrieval Number: F7681038620/2020©BEIESP | DOI: 10.35940/ijrte.F7681.038620
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: India in 21st century re-emphasized on generation of solar energy by using rooftop solar PV. Looking at global worming and increasing demand of electricity, government of India will be in compulsion to adopt this solar energy in place of existing electricity generation practices. So, by looking at county priority, an attempt has been made to study the perception of household users regarding investment made on rooftop solar PV in place of tradition system. A purposive sampling technique was used to select 100 responses in the city of Bhubaneswar, Odisha, India. The study applies descriptive statistics to know the perception of household user towards rooftop PV. This article suggests that there is ample scope in rooftop solar pv. If private players are being provided with good incentive, motivation and support from state govt. as well as central govt then there will be substantial growth Rooftop solar energy. This study will contribute to the existing knowledge base as well benefited to the practitioner of corporate houses in energy sector.
Keywords: Renewable Energy, Rooftop, Solar Photovoltaic, Household, Investment Decision.
Scope of the Article: Renewable Energy Technology.