Solar power is becoming an increasingly popular option for both residential and commercial properties as a result of the growing need for environmentally friendly energy options. Taking advantage of the abundant sunlight in Uttar Pradesh (UP), where solar energy may be harnessed, can result in significant cost savings and a reduction in carbon footprints. Nevertheless, the solar panel price Uttar Pradesh and coming to terms with the various subsidies that are available can be intimidating. To assist you in making an educated choice, the purpose of this blog is to break down the cost of a 7 kW solar system in UP and investigate the various available subsidy options.
Understanding the Cost Breakdown of a 7 kW Solar System
Solar Panels
In any solar energy system, the solar panels serve as the central component. When you take into consideration the cost of a 7-kilowatt solar panel in Uttar Pradesh with a subsidy, you will discover that the value is highly determined by the kind, efficiency, and brand of the solar panel. Pre-subsidy costs for a solar panel system with a capacity of 7 kW might range anywhere from ₹4,000,000 to ₹5,000,000 on average.
Also Read: The Cost of a 7 kW Solar System in UP: Exploring Subsidy Options
Inverters
To transform the direct current (DC) electricity that is generated by solar panels into alternating current (AC) power that can be used in your house or place of business, an inverter is an essential component. A portion of the inverter cost, which normally ranges from ₹70,000 to ₹1,000,000 for a 7 kW system, can be covered by the up solar panel subsidy, which is a federal government program.
Mounting Structures
When it comes to boosting the output of solar energy, proper installation is essential. To guarantee that your panels are put safely and in the most advantageous location for sunlight, mounting frameworks are utilized. The total cost of your project can increase by ₹20,000 to ₹30,000 due to the inclusion of this component.
Installation Costs
Installation by a professional guarantees that the system will function effectively and securely. The installation fees that are typically included in the solar panel price in Uttar Pradesh range from ₹40,000 to ₹60,000.
Also Read: 2 kW Solar System Price in Lucknow, UP
Additional Components and Fees
The entire cost may be increased by an additional ₹10,000 due to the presence of various things, including cables, fuses, and junction boxes.
Below is the cost breakdown of a 7 kW solar system in Uttar Pradesh presented in table format:
Component | Description | Cost Range |
Solar Panels | Central component of the system; cost influenced by type, efficiency, and brand. | ₹4,000,000 – ₹5,000,000 |
Inverters | Essential for converting DC electricity from solar panels to usable AC power. | ₹70,000 – ₹1,000,000 |
Mounting Structures | Ensures proper installation and optimal sunlight exposure for panels. | ₹20,000 – ₹30,000 |
Installation Costs | Professional installation to ensure efficient and safe system operation. | ₹40,000 – ₹60,000 |
Additional Components | Includes cables, fuses, junction boxes, and other miscellaneous items. | ₹10,000 |
Note: The costs mentioned are approximate and may vary based on specific requirements, brands, and market conditions. The mentioned solar panel subsidy can help offset some of these costs.
Discover Solar System Prices in Uttar Pradesh
What does a 5kW solar panel facility in Uttar Pradesh cost? Contacting an expert solar firm for a customized quote is the best approach to estimating your home’s solar investment. Based on your property’s technical and financial specifications and budget, the solar company will recommend the best RTS capacity and UP solar panel pricing for your power demands.
For reference, here’s a 1kW to 10kW solar panel price in Uttar Pradesh. The ultimate solar investment depends on many parameters, including solar panel type, size, material, solar system type, and module mounting structure design.
Solar System Size | Price Range (Estimated) |
1kW Solar System | Rs. 75,000 – 85,000 |
2kW Solar System | Rs. 1,50,000 – 1,70,000 |
3kW Solar System | Rs. 1,89,000 – 2,15,000 |
4kW Solar System | Rs. 2,52,000 – 2,85,600 |
5kW Solar System | Rs. 3,15,000 – 3,57,000 |
10kW Solar System | Rs. 5,31,000 – 6,07,000 |
Note: The prices mentioned are approximate and may vary based on specific requirements, brands, and market conditions.
Exploring Subsidy Options Available in Uttar Pradesh (UP)
If you want to make solar energy more accessible and offset the initial expenditure, it is essential to have a solid understanding of the available subsidies.
Government Subsidies
The government provides a subsidy for solar panel installation in the state of Uttar Pradesh to encourage the use of renewable energy. You can be eligible for a subsidy to the tune of up to thirty percent of the entire cost of the system, depending on the location and the plan.
Net Metering Policies
You can sell any extra electricity that is generated by your solar system back to the grid through the use of net metering. By doing so, not only will your monthly electricity bill be reduced, but your return on investment will also be accelerated.
Solar Renewable Energy Certificates (SRECs)
Solar energy system owners have access to an extra revenue stream through the use of SRECs. These certificates can be sold based on the amount of renewable energy that your system generates, which will contribute to the total amount of money that you save.
Other Financial Incentives
If local utility companies and municipalities want to stimulate the adoption of solar energy, in addition to providing subsidies from the government, they might also provide additional incentives or tax benefits.
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Calculating the Net Cost After Subsidies
The 7kw solar panel price in Uttar Pradesh with subsidy may be much less than the initial investment after taking into account the various subsidies that are available, the savings related to net metering, and the potential earnings from SREC. Obtaining the assistance of a solar specialist is necessary to precisely evaluate your net cost and the potential savings.
Unveiling the Best Deals on Solar System Prices in Uttar Pradesh with Subsidy
Here is a table of Uttar Pradesh subsidized 1kW-10kW solar panel costs. The streamlined subsidy plan pays a fixed amount per kW of solar system capacity. Residential installations in all Indian states are eligible for the subsidy slabs and system capacity subsidies below.
The nationwide simplified subsidy plan now provides a set subsidy per kW of solar system capacity. These subsidy slabs for different system capacities apply to all home solar power plant installations in UP and India.
Solar System Size | Estimated Price Range | Subsidy Applicable | Prices After Subsidy |
1kW Solar System | Rs. 75,000 – Rs. 85,000 | Rs. 18,000 | Rs. 57,000 – Rs. 67,000 |
2kW Solar System | Rs. 1,50,000 – Rs. 1,70,000 | Rs. 18,000 x 2 = Rs. 36,000 | Rs. 1,14,000 – Rs. 1,34,000 |
3kW Solar System | Rs. 1,89,000 – Rs. 2,15,000 | Rs. 18,000 x 3 = Rs. 54,000 | Rs. 1,35,000 – Rs. 1,61,000 |
4kW Solar System | Rs. 2,52,000 – Rs. 2,85,600 | Rs. 18,000 x 3 + Rs. 9,000 x 1 = 63,000 | Rs. 1,89,000 – Rs. 2,22,600 |
5kW Solar System | Rs. 3,15,000 – Rs. 3,57,000 | Rs. 18,000 x 3 + Rs. 9,000 x 2 = 72,000 | Rs. 2,43,000 – Rs. 2,85,000 |
10kW Solar System | Rs. 5,31,000 – Rs. 6,07,000 | Rs. 1,17,000 | Rs. 4,14,000 – Rs. 4,90,000 |
Note: The costs mentioned are approximate and may vary based on specific requirements, brands, and market conditions.
Factors to Consider Before Investing in a 7 kW Solar System
Solar Capacity and Geographical Position
Assessing the solar potential of your area is essential to maximize the amount of energy that may be produced. Throughout the year, regions that receive a greater amount of sunlight will produce higher energy outputs, which will result in bigger savings.
ROI stands for return on investment
So to have an understanding of how long it will take to recoup your initial investment through reductions in your monthly electricity bills, subsidies, and other financial incentives, it is vital to calculate the return on investment (ROI).
The costs of maintenance
It is vital to take into account any prospective costs for cleaning, repairs, or component replacements to be incurred over the lifetime of the solar system, even though solar systems typically require only a modest amount of maintenance.
Influence on the Environment
Your carbon footprint will be greatly reduced if you switch to solar electricity, which will contribute to the ecological sustainability of the environment. To determine the overall value of investing in solar energy, it is important to take into consideration the long-term environmental benefits.
Conclusions and Ideas for Improvement
Investing in a 7-kW solar system in UP is a good way to save money in the long run, become energy-independent, and protect the earth. To get the most out of your investment, you need to know everything there is to know about the solar panel subsidy in up and other money-saving options. It is important to know about the government subsidy on solar panel installations in UP, which can greatly lower the starting cost.
It is suggested that you talk to a reputable solar provider before making a choice. The provider will then be able to look at your specific needs, figure out how much money you could save, and walk you through the process of asking for any relevant subsidies or incentives. You could make a choice that is both good for you financially and better for the earth and the future of Uttar Pradesh if you know what you’re talking about. You can do this by taking advantage of the up solar panel subsidy and learning more about how much solar energy costs and what its benefits are.
Also Read: How Much Does a 5kW Solar System Cost in Uttar Pradesh
FAQ’s
Q.1 How many solar panels are required for a 7-kilowatt system?
Ans. A 7 kW solar system generally comprises 18-28 panels. The size of each panel typically ranges from 1.7 to 2 square meters. An instance of a 7 kW solar system equipped with 275-320 W modules could consist of 25-28 panels. Using high-efficiency 320 W panels could reduce the number of panels needed to 22. If you go for less efficient panels, you might require 30 panels. Many homeowners consider 265-watt mid-range panels to provide a fair mix between cost, efficiency, and space.
Q.2 What is the power output of a 7-kilowatt solar system?
Ans. A 7 kW solar system can generate 21-49 kW of electricity daily, sufficient for the majority of homes, including those with typical power usage. The electricity generated varies based on factors like location. Higher latitude results in reduced solar energy due to the angle of solar incidence. Clouds, fog, rain, dust, and darkness can diminish the effective power output of an installation.
Q.3 What appliances can be powered by a 7kW solar system?
Ans. A 7 kW solar system can power various household items such as a 1.5-tonne AC, refrigerator, iron, water motor, fan, and lights.
Q.4 What is the cost of a 3kW solar panel system with a subsidy in Uttar Pradesh?
Ans. A 3 kW solar system is ideal for providing energy to small residential and commercial buildings. Many budget-conscious property owners like this system size to lower electricity expenses without sacrificing their energy requirements. Choosing grid-connected solar infrastructure and opting for Indian-made solar components makes you eligible for a subsidy of up to Rs. 43,764.
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