Not only does a solar plant reduce your energy expenses, but it can also significantly enhance the value of your residence. The optimal size of a Domestic solar system is contingent upon a variety of factors, including the energy demand and the dimensions of the building. A 3kW solar system is typically well-suited for modest to medium-sized homes. Choosing to live sustainably on a budget is not only a wise decision, but it also enables future flexibility by facilitating the addition of additional solar panels as required. Learn more about the price of a 3kw solar system in India, the practical applications of these systems, the government subsidies, and the numerous options available by exploring this blog.
Understanding The Functionality Of 3kw Solar Panels
Solar photovoltaic technology is employed in panels to produce electrical energy.
Irrespective of the dimensions or category of your 3kW solar panel, or the details of your solar energy system, the electricity is produced through the photovoltaic phenomenon.
When sunlight illuminates a photovoltaic (PV) module, the solar cells contained within it capture and assimilate the photons that are present in the light. The method produces a constant flow of energy, which may be transformed into usable alternating current (AC) energy using a solar inverter. Subsequently, the energy is harnessed to provide electricity for your residence or workplace.
Discover The Price Of A 3kw Solar System: Comprehensive Price Guide
In India, the price range for a solar panel with a capacity of three kilowatts can range anywhere from Rs 1,25,000 to Rs 1,80,000. This price range is determined by several factors, including the quality of the solar panels and the brand of the solar system.
Different Types Of 3kw Solar Systems And Their Prices In India
When considering the installation of a 3kW solar system at your home, you have three distinct alternatives to select from. Now, let us conduct a more thorough examination of each one.
1. On-grid solar system
This 3kW solar system is designed to seamlessly integrate with an electric grid, providing a reliable and efficient renewable energy source. Thus, it is commonly known as an on grid solar system. Establishing a connection with the external electric grid makes it an attractive option for those interested in government subsidies, net metering, and other benefits.
Discover the Price of On-Grid 3kW Solar Panels for Homes in India
The price range for a 3-kilowatt solar panel in India varies from Rs 1,25,000 to Rs 1,80,000, depending on factors such as the quality of the panels and the brand of the solar system you choose.
2. Off-grid solar system
A 3kW Home solar system that operates off-grid functions independently from the electrical grid. Instead, it relies on solar panels to generate and store solar energy in a battery for distribution. Even in the event of power outages, the system’s battery guarantees an uninterrupted energy supply.
The Cost of 3kW Off-Grid Solar Panels for Homes in India
The price of a 3KW off-grid solar system in India is approximately Rs 2,40,000, which covers the cost of system installation.
3. Hybrid 3kW Solar System
A 3kW hybrid solar system combines the benefits of both on-grid and off-grid solar systems. Individuals can experience the advantages of both types of connections.
The hybrid solar system offers the benefits of both off-grid and on-grid systems, albeit at a slightly higher price. In India, the cost of a 3kw hybrid solar system, which includes installation charges, ranges from around Rs. 2,70,000 to Rs. 3,00,000.
Price of 3kW Hybrid Solar Panels for Homes in India
Also Read: Sun-Powered Solutions: Rooftop Solar in Varanasi – Installation, Prices with Subsidies, and Benefits
A 3kW solar system for Indian homes costs varied amounts depending on the panels. For your 3kW solar system, PV array mounting structure and component quality matter. The average upfront solar investment is Rs. 1,60,000–3,00,000. This estimate covers 3000-watt solar panel system prices in India.
| Model | 3kW Solar Price |
| 3kW On-grid solar system | Rs. 2,13,300 Onwards* |
| 3kW Off-grid solar system | Rs. 2,40,000 |
| 3kW Hybrid solar system | Rs. 2,70,000 |
3kw Solar Panel Prices in India with Subsidy – A 2024 Update
For you to be eligible for the subsidy on solar panels in India, you must comply with the following guidelines:
- Solar subsidies are exclusively available to residential consumers, with commercial and industrial consumers being ineligible.
- The solar system must be solely connected to the electrical grid.
- The maximum allowable load should not exceed 10 kilowatts.
- The central government offers a subsidy of Rs. 43,764 for On-Grid Solar Systems with a capacity of 3kW. In addition, certain states provide a state subsidy of Rs. 30,000 for a complete solar system.
As an illustration, you have the potential to obtain a sum of money that falls within the range of Rs. 43,764 to Rs. 73,764. However, it is necessary for you to bear the entire expense of the solar project. The subsidy will be deposited into the consumer’s bank account for a period of 30 to 60 days following the installation of net metering.
Also Read: Om Solar Solution: Your Trusted Partner for Seamless Solar EPC in Uttar Pradesh
A 3kW solar system price in India with Subsidy is estimated based on the CFA calculations that are presented in the table below.
| Model | 3kW Solar Plant Price | Subsidy Applicable | Prices After Subsidy |
| 3kW On-grid solar system | Rs. 2,13,300 Onwards* | Rs. 18,000 x 3 = Rs. 54,000 | Rs. 1,59,300 Onwards* |
| 3kW Off-grid solar system | Rs. 2,40,000 | Not applicable | No change |
| 3kW Hybrid solar system | Rs. 2,70,000 | Rs. 18,000 x 3 = Rs. 54,000 | Rs. 2,16,000 |
Main Government Incentives
1. Rooftop Solar Panel Subsidy: Rooftop solar installations are still subsidized by MNRE. Starting in 2024, residential customers can receive a 40% subsidy for systems up to 3 kW and 20% for systems 3-10 kW. This incentive has greatly reduced home rooftop solar costs.
2. The government runs the PLI Scheme: We improved the high-efficiency solar PV module PLI scheme in 2021. This program aims to boost domestic solar panel production and reduce imports. Local panel production and quality improve due to the program’s financial incentives for solar module sales and efficiency.
3. Lower GST Rates: To encourage solar panel use, the GST has been lowered to 5%. The lower tax obligation has directly reduced solar installation costs.
4. Rapid devaluation: Solar power plant investors can still use accelerated depreciation to deduct a larger amount of the asset’s value in the early years. Solar investments appeal to businesses due of tax advantages.
5. Net metering policies: Net metering is beneficial in most of India, even though state restrictions vary. These policies reduce the cost of electricity for owners of solar systems by enabling them to export excess electricity to the grid and obtain credits.
Facts & Benefits of a 3kW Solar Panel System
Energy Output: I’m curious about the energy output of a 3kW solar panel system. Can you tell me how many units it generates? A 3-kilowatt solar system typically generates an average of 12 units per day. Therefore, anticipate your solar system to generate 360 units (12 units x 30 days) within a month. There are 4320 units per year, which is calculated by multiplying 360 units by 12 months.
- Area Needed: A 3kW solar panel system requires a minimum of 21 square meters of roof area.
- Warranty: Your 3kW solar panels are guaranteed to be protected for an amazing 25 years under our warranty coverage. The product warranty for the other necessary solar components varies from 5 to 10 years, depending on the brand.
- Subsidy: When looking for 3kW solar panel prices in India with subsidy, it’s important to understand that solar subsidies are only applicable to solar systems that fall under net metering regulations. Government subsidies do not apply to off-grid solar systems.
Residential solar systems offer a sustainable and cost-effective solution for generating electricity at home. Let’s explore some of the benefits of transitioning to solar energy:
Savings on Electricity
Solar energy lowers monthly electricity expenditures significantly. You can avoid grid electricity by using your 3-kilowatt solar panels. Instead, export excess power to the grid to gain solar credits.
Also Read: Exploring the Various Solar Panel Options in Uttar Pradesh
Profit from Solar Energy Transfers to the Grid
Depending on your location and net-metering tariffs, you can sell excess electricity to the government grid. Net-metering tracks grid exports and awards you with solar credits for each unit. If your solar electricity production is below average, you can buy grid electricity with these solar credits. You will also receive cash for any remaining solar credits at year’s end.
Long-term financial return maximization
Monthly electricity savings add up to a lot over a year. Your 3-kilowatt solar panels require 6–8 years to provide enough energy to cover the installation cost, depending on the payment plan and weather. Additionally, your house solar plant will generate electricity for 25–30 years. Solar energy has a great return on investment.
Environmental Support for Sustainability
Pure solar energy comes from the Sun. With the growing usage of solar electricity in homes, we can reduce our dependence on traditional energy sources and greenhouse gas emissions. The majority of electricity still comes from fossil fuels. Mining and burning fossil fuels to generate power emits toxic gasses that pollute the air and cause climate change. Besides harming the environment, these resources are scarce and cannot supply our future electrical needs.
Check out our flexible financing options
Solar energy is affordable for every homeowner thanks to government backing and easy financing. If you are unable to pay in full, you can get a solar loan to buy a 3kW solar panel system. Many people also like solar leases or power purchase agreements. These options save you from a significant upfront payment. Both options don’t give you ownership of the solar plant, but you can benefit from a budget-friendly payment plan.
Summary
People in India who want to save money on energy costs and do things that are better for the environment should buy a 3kW solar panel system. The cost of solar power is much lower at first thanks to government funding. This makes it easier for everyone to use. On-grid systems have the benefit of net metering, while off-grid and mixed systems give you the chance to be self-sufficient in energy.
Also Read: Success Stories: Businesses in Uttar Pradesh Switching to Solar Power
There is a system that fits everyone’s wants and preferences because each one has its benefits. With its big financial benefits, good effect on the environment, and ability to grow in the future, solar power is a smart and farsighted choice. A 3kW solar system is good for homeowners because it gives them good, cheap, and eco-friendly power for a long time.
FAQ’s
Not at all. Many domestic solar systems are easy to maintain and cost little. The guarantee on your solar installation protects you from unforeseen system damage or failure. Solar Annual Maintenance Contract (AMC) packages include monthly inspections and maintenance for the life of your 3 kW solar system from many solar companies.
Typically, a 3kW solar panel requires 300 square feet. Better-efficiency solar panels allow 3kW solar panels to be installed in a smaller space, reducing the number of panels in your system. A raised rooftop mount like Homescapes’ pergola-style installation can maximize your limited space.
Every day, a 3 kW solar system generates a total of 12 kWh. The average number of units per month is 360, while the average number of units per year is 3,600. Therefore, the system is capable of providing electricity for a household of three to four people.
Your AC unit can be powered by a 3–10 kW solar power system. A small household air conditioning unit can be powered by a 3 kW grid-connected solar system. A tiny air conditioning machine requires a lot of solar energy to run for several hours a day.
Solar power typically supports one modest air conditioner in low-electricity households. You can increase your solar energy generation by adding panels if you want to buy more air conditioners.
Contact Us
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Email: sales@omsolar.in
Website: www.omsolar.in