Solar Panel for Home Price in India
Everybody wants to know the details about 'solar panel for home price' in the country. We will walk you through the price range. But first things first – why is there a variation in the 'solar panels for home cost'. Here are some reasons for cost variations that you might encounter:
- Types of solar panels are different.
- Different solar panels have different efficiency rates.
- Different installation companies offer different quality of services.
- Different consumers buy different value-added services.
All these factors combined affect the solar panel for home price in India. Moving on, let's now walk you through the 'solar panels for home cost range'.
Solar Panel for Home Cost Range (per kW)
- 1 KW = Rs. 70,000 to Rs. 1,10,000
- 2 KW = Rs. 1,40,000 to Rs. 1,80,000
- 3 KW = Rs. 1,80,000 to Rs. 2,40,000
- 4 KW = Rs. 2,40,000 to Rs. 3,20,000
- 5 KW = Rs. 3,00,000 to Rs. 4,00,000
- 10 KW = Rs. 6,00,000 to Rs. 8,00,000
Benefits of Using Solar Energy for Home
As a company that has already aided 7000+ customers to switch to solar, we can say with absolute surety that solar energy is the future of the face of Earth. Here are some staggering benefits of installing solar panel for home:
- You don't have to pay electricity tariffs as high as Rs. 8/unit since solar energy is free.
- You can get credits when the solar panel for home on your residential rooftop produces more power than what's consumed.
- You'll definitely no longer be responsible for global warming.
- You will be the boss of your electricity requirements since most of the energy needs will be met by solar energy alone.
- With the yearly savings of up to Rs. 44,000 on your electricity bills (if you install a 4 KW system), you'll be able to recover the upfront installation cost of solar panel for home in less than 5 years.
- You can avail of government subsidies on a solar system for home.
Government Subsidy Breakdown
For homeowners:
- System capacity up to 3 kW: Receive a subsidy of ₹14,588 per kW
- System capacity above 3 kW and up to 10 kW: Receive a subsidy of ₹14,588 per kW for the first 3 kW and ₹7,294 per kW for the remaining capacity
- System capacity above 10 kW: Receive a fixed subsidy of ₹94,822
For Housing Societies:
- Plant capacity up to 10 kW: Receive a fixed subsidy of ₹94,822
- Plant capacity above 10 kW: Receive a subsidy of ₹7,294 per kW for common facilities up to 500 kWp, with a limit of 10 kWp per house
Please note: No subsidy is offered for commercial and utility-scale solar system installations.
If you are planning to install solar for home or housing societies, the solar panel for home price list we've curated will greatly help you.
Solar Panel for Home Price List (without subsidy)
1 KW rooftop solar system: ₹70,000 to ₹1,10,000
Particulars
| Particulars | Description |
| Solar Power Plant | 1 KWp |
| Solar Panel in Watt | 335 KWp |
| Solar Panel Qty | 6 nos. |
| Solar Structure | 1 KW |
| On-Grid Solar Inverter | 1 KW |
| MC4 Connector | 2 Pair |
| DC Junction Box | 1 Nos |
| AC Junction Box | 1 Nos |
| DC Cable | 30 Mtr |
| AC cable | 20 Mtr |
| Space Required | 200 sq feet |
| Solar Accessories | Fasteners, Cable tie, Crimping Tool, Earthing Kit, Lighting Arrestor |
| Average generation | 6 units Per Day. |
| Warranty | 5 years for Complete System 25 years for Solar Panels. |
| Delivery and Installation | Delivery within 3 days from the date of order/Sanction. Installation within 3 days from the date of delivery. |
| Solar Net-Metering | Yes, Solar Net-Metering is applicable to this system. |
| Govt. Subsidy | Yes, 40% Govt. Subsidy on benchmark cost. (Rs 29,176/-) |
| Price | Rupees 70,000* including Installation. |
2 KW rooftop solar system: ₹1,40,000 to ₹1,80,000Particulars
| Particulars | Description |
| Solar Power Plant | 2 KWp |
| Solar Panel in Watt | 335 KWp |
| Solar Panel Qty | 6 nos. |
| Solar Structure | 2 KW |
| On-Grid Solar Inverter | 2 KW |
| MC4 Connector | 2 Pair |
| DC Junction Box | 1 Nos |
| AC Junction Box | 1 Nos |
| DC Cable | 30 Mtr |
| AC cable | 20 Mtr |
| Space Required | 200 sq feet |
| Solar Accessories | Fasteners, Cable tie, Crimping Tool, Earthing Kit, Lighting Arrestor |
| Average generation | 8 units Per Day. |
| Warranty | 5 years for Complete System 25 years for Solar Panels. |
| Delivery and Installation | Delivery within 3 days from the date of order/Sanction. Installation within 3 days from the date of delivery. |
| Solar Net-Metering | Yes, Solar Net-Metering is applicable to this system. |
| Govt. Subsidy | Yes, 40% Govt. Subsidy on benchmark cost. (Rs 29,176/-) |
| Price | Rupees 140,000* including Installation. |
5 KW rooftop solar system: ₹3,00,000 to ₹4,00,000
Particulars
| Particulars | Description |
| Solar Power Plant | 5 KWp |
| Solar Panel in Watt | 335 KWp |
| Solar Panel Qty | 15 nos. |
| Solar Structure | 5 KW |
| On-Grid Solar Inverter | 5 KW |
| MC4 Connector | 2 Pair |
| DC Junction Box | 1 Nos |
| AC Junction Box | 1 Nos |
| DC Cable | 40 Mtr |
| AC cable | 30 Mtr |
| Space Required | 500 sq feet |
| Solar Accessories | Fasteners, Cable tie, Crimping Tool, Earthing Kit, Lighting Arrestor |
| Average generation | 20 units Per Day. |
| Warranty | 5 years for Complete System 25 years for Solar Panels. |
| Delivery and Installation | Delivery within 5 days from the date of order/Sanction. Installation within 5 days from the date of delivery. |
| Solar Net-Metering | Yes, Solar Net-Metering is applicable to this system. |
| Govt. Subsidy | Rupees 14,588 per KW up to 3KW and thereafter Rupees 7,294 per KW (total Rupees 58,352). |
| Price | Rupees 290,000* including Installation. |
10 KW rooftop solar system: ₹6,00,000 to ₹8,00,000
Particulars
| Particulars | Description |
| Solar Power Plant | 10 KWp |
| Solar Panel in Watt | 335 KWp |
| Solar Panel Qty | 30 nos. |
| Solar Structure | 10 KW |
| On-Grid Solar Inverter | 10 KW |
| MC4 Connector | 6 Pair |
| DC Junction Box | 1 Nos |
| AC Junction Box | 1 Nos |
| DC Cable | 90 Mtr |
| AC cable | 40 Mtr |
| Space Required | 1000 sq feet |
| Solar Accessories | Fasteners, Cable tie, Crimping Tool, Earthing Kit, Lighting Arrestor |
| Average generation | 40 units Per Day. |
| Warranty | 5 years for Complete System 25 years for Solar Panels. |
| Delivery and Installation | Delivery within 7 days from the date of order/Sanction. Installation within 7 days from the date of delivery. |
| Solar Net-Metering | Yes, Solar Net-Metering is applicable to this system. |
| Govt. Subsidy | Rupees 14,588 per KW up to 3KW and thereafter Rupees 7,294 per KW (total Rupees 94,822). |
| Price | Rupees 480,000* including Installation. |