SUMMARY
India today needs to have around 2,OO, OOO MW of power to meet its current energy needs, but it is able to provide only about two third of it. Additional finances are difficult to come by and the infrastructure is often not available to make it reach the remote areas. Heavy roistering in city areas has been a perpetual feature in some states. Many of the dwellers of small cities have come to depend on what is called an 'inverter' and its associated battery based storage system to cope up with the frequent power outages.Seen from another perspective these systems only lack the solar panels to become completely self contained power systems. Thus addition of solar panels to these will be only an incremental cost. By encouraging this approach several problems can be solved all the same time. First of all this additional investment will be from the users themselves. Next the power generated will be environmentally friendly and the regular power supply and the grid may need to be used sparingly. These storage based systems may become parts of Smart Grids for the future as they may be further evolved to feed power into the grid.Evaluation of the performance of these systems has been studied through simulation and the economics of the system has been investigated under various conditions for typical users. The proposed system has been compared with the early telecom systems in India that were based on land lines and could not be expanded fast enough. Later the privatized and decentralized wireless based approach provided the desirable solutions.