Installation Of Solar Panels Cost In India
However to see average solar power system cost and how to use a solar cost and savings estimator to calculate the cost of solar panels for your home read below.
Installation of solar panels cost in india. Wire cutter solar panel installation cost in india 2020 standard rate of solar panel installation is approx. Usually it ranges from rs 40 000 to rs 6 00 000. Solar panel cost data 2020 updated. System size cost per watt in rs 1kw 7 000 2kw 14 000 3kw 21 000 4kw 28 000 5kw 35 000 6kw 42 000 7kw 49 000 8kw 56 000 9kw.
It would cost anywhere between rs 45 000 to rs 80 000 per kw. In case you go for a grid connected solar panel system which includes panels inverters wiring structure connectors junction boxes etc. In india monocrystalline solar panels are available in a panel efficiency range of 17 18 and 19. The price of monocrystalline solar panels with 17 efficiency and a watt range of 250 above 300 w is rs 47 per wp.
It is combined with inverters for generating electricity to make usage in homes and offices. September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt. Furthermore this is considered as the best solar panel in india due to its efficiency and performance. To check the size that you need read the sizing section in this page below.
The further quotation can be described as. Though the upfront cost may seem large it saves money in the long run as it cuts electricity bills and reduces carbon footprints. To avail subsidy the average cost of installation of rooftop pv system without subsidy should be around rs 60 000 70 000. It may even go beyond this in the case of large installations.
Electricity is getting more expensive nowadays. Since the demand has increased at great levels in india the price of home solar panels has become most affordable. Frequent power cuts are making the audience find out more alternatives to the same. In order to avail generation based incentive the customer should generate 1100 kwh 1500 kwh per year.
A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. If you are already familiar with the cost of solar energy installation and how much solar panels will save but want to know more about the steps involved in the solar installation process then i recommend this linked article. A person who is interested in getting a subsidy needs to follow some protocols.