As the price of electricity keeps going up and people learn more about renewable energy choices, more and more people are thinking about installing solar panels as a way to lower their power bills and live in a more environmentally friendly way. Solar panels are a real way for homeowners to save money on their power bills and become energy-independent.
A property that is 1500 square feet is about the same as 168.57 gaz, which makes it a mid-size home. When installing solar panels, even in a large space, it’s important to know how many 1500 sq ft solar panel you’ll need and how much they cost. When we talk about solar panel costs for homes in this blog, we will focus on how this applies to a 1500-square-foot home.
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How Many KW Solar Panels Do 1500 Square Foot Houses Need?
The solar panel system needed for a 1500 square foot house is determined by the amount of energy the household uses. Typically, a house of this size would require a solar panel system with a capacity of 5-6 kW. The estimate is subject to change based on a number of different factors:
- Energy Usage: The size of the system you’ll require is directly proportional to the amount of electricity you consume.
- Sunlight Exposure: Homes located in regions with more sunlight may require fewer solar panels to generate the same amount of energy.
- Efficiency of Panels: Panels with higher efficiency generate a greater amount of electricity while taking up less space.
Cost Of Rooftop Solar Panels Installation On A House
Want to know how much it costs to put solar panels? The way each solar energy system is built is different. A solar power system is carefully tailored to suit the specific structure, roof specifications, shading, and utility requirements.
Also Read: Installing Solar Panels At Home: Comprehensive Guide From Om Solar Solution
3kw solar panel system prices in india for home installation typically range from Rs. 1,89,000 to Rs. 2,15,000 on a national average. Electricity systems with solar panels can cost anywhere from Rs. 75 and Rs. 85 per watt. Here is a table showing the estimated costs of solar panel installations per kW in India for various system sizes:
| 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 |
Factors Affecting The Cost Of A 5kw Solar System
In India, the price range for a 5kW solar system is approximately Rs. 2,00,000/- to Rs. 2,50,000. Nevertheless, the cost may vary depending on various factors:
1. Custom Duty: The cost of production tools and materials often includes custom duty, which can have an impact on the overall price.
2. Installation Process: The complexity of installations, roof remodeling, and the direction of sunlight can impact the costs of installation.
3. Material Cost: The cost of solar panels can be affected by changes in metal prices.
4. Inflation Level: The level of inflation has a direct impact on the cost of solar panels, so timing becomes crucial.
5. Energy Prices: The price of energy used in the manufacturing process can impact the final cost of solar panels.
Types Of 5kw Solar Systems
A solar-powered home starts with choosing a 5-kilowatt solar panel system. Although homeowners prefer a 5kW on-grid solar system over an off-grid one. Each 5kW solar system, on-grid or off-grid, looks and works differently and needs certain components.
1. On-Grid Solar System: Our system seamlessly connects to the power grid, providing users with the convenience of a meter-based billing system and the ability to send any excess energy back to the grid. The price of the 5kW on-grid solar system is comparatively more affordable compared to other alternatives.
2. Off-Grid Solar System: This system operates independently from the grid, providing you with the freedom to utilize the energy it generates as you, please. Batteries are capable of storing excess energy for future utilization. Off-grid systems often come with a higher price tag compared to on-grid systems.
3. Hybrid Solar System: By combining on-grid and off-grid systems, a hybrid system provides both energy efficiency and backup capabilities. In India, there are government subsidies of 30% available for hybrid and on-grid systems.
Also Read: Solar Power for Businesses: The Benefits of Commercial Solar Installation
Solar Subsidy On A 5kw Solar System In India
Subsidies are available from the government to help make solar purchases more affordable. The Ministry of New & Renewable Energy (MNRE) offers a generous 20% subsidy for residential solar plants with a capacity ranging from 4kW to 10kW. Only hybrid and on-grid systems are eligible for subsidies, while off-grid systems do not qualify.
| Rooftop Solar System Capacity | Applicable Subsidy (₹) |
| 1 kW | Rs. 30,000/- |
| 2 kW | Rs. 60,000/- |
| 3 kW and Above | Rs. 78,000/-* |
*Note: Solar systems on roofs that are bigger than 3 kW get a set grant.
5kw Solar Panel System Price In India With Subsidy
Presented below are the CFA calculations to determine the prices of 5kW solar panels in India:
| Model | 5kw solar Plant Price | Subsidy Applicable | Price After Subsidy |
| 5kW On-grid solar system | Rs.3,55,500 Onwards | Rs. 78,000 | Rs. 2,77,500 Onwards* |
| 5kW Off-grid solar system | Rs. 3,50,000 | Not applicable | Rs. 3,50,000 |
| 5kW Hybrid solar system | Rs. 7,50,000 | Rs. 78,000 | Rs. 6,72,000 |
*Note: The subsidy stays the same per kW across all system power ranges, but it doesn’t cover the cost of solar batteries.
Benefits Of Solar Panels
Using solar panels has many benefits:
1. Cost Savings: Experience a substantial decrease in your monthly energy expenses, potentially resulting in annual savings of Rs. 50,000 to Rs. 1,50,000.
2. Environmental Impact: By harnessing solar energy, we can significantly decrease our carbon footprint and lessen our dependence on non-renewable energy sources.
3. Energy Independence: Reduce reliance on traditional electricity sources and safeguard against increasing energy expenses.
4. Increased Home Value: Homes equipped with solar panels tend to command higher property values and sell more quickly.
5. Low Maintenance: Solar panels are incredibly resilient and need very little upkeep, boasting an impressive lifespan of 25-30 years.
Also Read: Comprehensive Guide to 2 kW Solar Systems in Varanasi: Pricing, Benefits, and Installation
Conclusion
Typically, a solar panel system with a capacity of 5-6 kW is required for a 1500 square foot house. The cost of such a system usually ranges from Rs. 3,00,000 to Rs. 4,00,000 before subsidies. With the application of government incentives, the net cost can decrease substantially. Investing in solar panels not only provides significant financial savings but also helps create a more sustainable future. Now is a great time to explore the benefits of solar power installation with Om Solar Solution, a reputable company that can help you make the switch.
If you’re looking for more information and want to discover the best solar solutions for your home, don’t hesitate to get in touch with Om Solar Solution today. Explore the advantages of renewable energy and contribute to both your financial well-being and the environment.
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Brand Name: Om Solar
Call/WhatsApp: +91-9919990945
Email: sales@omsolar.in
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