The 1kw solar panel price in India is not very high, as it is meant for the regular-sized household of 3 to 4 BHKs. Let’s take a closer look.
Solar energy is the most preferred source of power these days. But, most of the small and mid-sized households think that solar energy is not for them. It is only useful for those households which are large and have more demand for electricity. But that’s not true. There are 1kW solar panels available in the market. These solar panels are built to fulfil the needs of small and mid-sized households. Let us learn a bit more about these panels.
Also read: The Solar Inverter is the new solution to your power cut worries
In India, the cost of 1 kW solar power panel is around ₹70,000 to ₹1,00,000. Further, the prices of both on-the-grid and off-the-grid solar panels vary notably. Most likely, an on-the-grid solar system costs about ₹70,000 including installation. In the case of the off-the-grid, the entire solar system costs about ₹90,000 including installation. Both systems include three solar panels and occupy 100sq.ft. Also, these systems come with a warranty for 20-25 years.
Solar panel India government subsidy
Central Government subsidy
As per the Central Govt., the installation of a home solar system kit costs around ₹75 per watt. Since most of the people can’t afford it, the Govt. started a subsidy scheme. Under this scheme, people can avail many incentives for installing solar panels. You can claim about 30% of the total installation charges from the Ministry of New and Renewable Energy. This discount amount is available to all the states.
State government subsidy
Further, this subsidy amounts up to 70% for some of the States which fall under the category of “North MNRE PV Rooftop Cell”. For instance, Sikkim, Uttarakhand, Himachal Pradesh, and many others. Apart from these, many States also provide extra subsidies for this purpose.
Government banks subsidy
Some of the Govt. banks provide loan up to ₹10 lakhs for home solar system kit under the home loan category. When we consider all costs related to the solar panels, the price of solar power falls around ₹2 to ₹3 per unit.
Cost of electric power vs solar power
Before moving further, let’s take a quick look at the electricity charges in some of the metro cities — for instance, New Delhi, Mumbai, Bangaluru, Hyderabad, and Chennai.
Delhi-NCR
Under the AAP Govt’s rule, the users of the capital city do not have to pay any amount if their power usage does not cross 200 units. Those using 201-300 units of power every month need to pay R₹2.5 per unit while those using 301-400 units need to pay ₹5.26 per unit. These users who consume 201-400 units receive a monthly subsidy of 50%. And, the users who use more than 401 units must pay ₹10.75 per unit, as compared to ₹2 to ₹3 per unit of solar power.
Mumbai
In Mumbai, state-owned BEST offers 1 – 100 units for ₹2.21 per unit and 101 – 300 units for ₹3.85 per unit. Further, it offers 301 – 500 units for ₹6.13 per unit and over 500 for ₹7.10 per unit. But, these prices are much less as compared to the prices offered by many private firms. For instance, Adani Electricity and Tata Power.
Bengaluru
The Bengaluru users pay about ₹3.75 per unit for 1 – 30 units and ₹5.2 per unit for 31 – 100 units to the BESCOM. Further, they pay ₹6.75 per unit for 101-200 units and ₹7.8 per unit for more than 201 units as well.
Hyderabad
The TSSPDCL charges ₹5 per unit for 1-200 units and ₹7.2 per unit for 201-300 units in Hyderabad. Also, it costs ₹8.5 per unit for 301-400 units and ₹9 per unit for units above 401.
Chennai
The TNEB do not charge any amount to its users for using up to 100 units. But it costs ₹3.5 unit for 101-200 units, ₹4.6 unit for 201-500 units, and ₹6.6 unit for more than 500 units. All these prices are much costlier when we compare it to solar energy charges.
1kW Luminous Solar System
The 1kW of this brand is designed to produce 5000 watts of electricity during the daytime. It comes with one inverter, two batteries, and three mono-crystalline solar panels. Further, it provides about 8-10 hour backup for a 3-4 BHK home sited in a locality that is prone to more power cuts.
Solar panel output in India
This solar system in our home can support many devices of the house. On average, a 1kW Luminous Solar System can power 20 LED lights, five ceiling fans, and one television. Also, it can be used to support one fridge, one mixer, and a laptop or mobile charging. Today, many reputed firms offer 1kW solar panels in the market. For example, Luminous, PowerHouse, Microtek are a few famous names. Among these Luminous solar panels are bit highly famed.
The total efficiency of these solar panels lies between 13-19%. These solar panels are made up of mono-crystalline and poly-crystalline silicon. The mono-crystalline solar panels are costly and offer the highest efficiency than poly-crystalline solar panels.
Upkeep of batteries
Now, the off-the-grid solar system also comprises two solar cells for storing extra power for later use. But, these batteries need to be replaced at least once after around ten years of their installation. It depends on the usage of these batteries. For instance, whether they are used for providing energy during the night or only as backups.
All the power you need maybe less or more – it doesn’t matter! The point is that with the affordable the 1kw solar panel price in India, your home’s power needs can be fulfilled. In case, you own a 3-4 BHK home whose power usage is much limited, then go for a 1kW solar panel. Install it on your rooftop, let it catch the sunshine, and make your home solar-powered.