Moving to green energy is no longer just a nice to have, but an imperative. Businesses and companies in India are looking to large-scale solar power plants to reduce costs and have less of an impact on the environment due to their growing energy needs. 2 MW Solar Power Plant is a great option for businesses, farms, and other organizations that need a long-term, cost-effective energy solution. Om Solar Solution is a renowned Solar Installation Company that works with people in Lucknow, Allahabad, Kanpur, Haryana, Varanasi, and Kannauj. We want your switch to solar energy to go smoothly and give you value for money. Find out how much does a 2 MW solar power plant cost, what it can be used for, and its return on investment (ROI).
What is a 2 MW Solar Power Plant?
A 2 megawatt solar power plant can make anywhere from 8,000 to 9,000 units of energy every day, depending on where it is kept and the weather. In a year, it can make about 2.5 million to 3 million units of electricity, greatly reducing your dependence on conventional energy sources. This much power could run a number of factories, business buildings, or even big farming projects. It has the same technology as smaller systems, but it’s made to handle more energy on a bigger size.
Inverters: Convert DC electricity from panels into usable AC power.
Mounting Structures: Hold panels at the right angle to capture maximum sunlight.
Cables and Connectors: Transfer power efficiently across the system.
Monitoring System: Analyses the plant’s functioning in real-time.
Cost of a 2 MW Solar Power Plant
It is possible for the cost of creating a 2 MW solar power plant in India to range anywhere from ₹9 crore to ₹12 crore, depending on a variety of factors including the location, the quality of the equipment, and the cost of the land. The information that is presented below offers a comprehensive breakdown of the costs that are involved.
2 MW solar power plant cost & Components
Cost Component
Approximate Cost (₹)
Details
Solar Panels
6-7 crore
60–70% of the total cost is covered; high-efficiency panels are suggested.
Inverters
80 lakh – 1 crore
Converts direct current (DC) to alternating current (AC); essential for the utility of electricity.
Mounting Structures
70-90 lakh
Panel supports made of steel or metal.
Land Acquisition
30-50 lakh
Needs 5–6 acres; price depends on location.
Installation and Labour
50-70 lakh
Includes wiring, panel, and structural assembly.
Cables, Monitoring System
40-60 lakh
Small but crucial parts for efficiency.
Key Factors Influencing The 2mw Solar Plant Cost
Location: Areas with better solar irradiance (sunlight availability) require fewer panels to generate the same energy.
Land Costs: Cities like Kannauj and Varanasi have cheaper rural areas than Kanpur and Lucknow.
Equipment Quality: Although more expensive, premium panels and inverters are more efficient and durable.
Benefits of a 2 MW Solar Power Plant
2 MW Solar Power Plant is a good solution for energy sustainability and a smart business decision for industries, businesses, and the community.
1. Huge Financial Savings: Business electricity expenditures range from Rs. 1.5 crore to Rs. 2 crore per year with the two-Megawatt solar power plant. Energy is nearly free after the payback period of 4 to 6 years.
2. Positive Environmental Impact: About 3,000 to 4,000 tonnes of CO2 are saved every year by a 2 MW solar facility, making the environment cleaner and more stable.
3. Reliable Energy Supply: In areas with frequent grid failures, solar power provides uninterrupted power. Industries in remote areas or cities with inconsistent power supply benefit from this.
4. Low Maintenance Costs: Solar systems don’t need much upkeep. The main needs are cleaning the panels and repairing the inverter every so often, which costs about 10 to 15 lakh rupees a year.
A 2 MW solar power plant is versatile and meets the energy needs of various sectors. It generates 8,000–9,000 units of electricity per day, making it ideal for medium to large applications. Some major uses:
1. Industrial Applications: Heavy machinery in factories in Kanpur and Lucknow can be powered, so they don’t have to rely on expensive grid energy.
2. Agriculture: Farmers in places like Varanasi and Kannauj can use solar power for water pumps, cold storage, and irrigation systems. This saves them money and makes sure they always have energy.
3. Commercial Complexes: Solar power is very helpful for hospitals, shopping malls, and offices because it lowers the amount of energy they use.
4. Community Energy Needs: A 2 MW solar plant can give power to small towns, housing complexes, or schools, which helps people become self-sufficient.
Return on Investment (ROI) for a 2 MW Solar Power Plant
Solar electricity is a great investment that pays off many times over the life of the plant. We know what the 2 megawatt solar power plant cost is; let’s take a look of ROI:
Parameter
Details
Initial Investment
₹9-12 crore
Annual Savings
₹1.5-2 crore
Payback Period
4-6 years
Lifespan of the Plant
25-30 years
Total Savings
₹40-50 crore (over the lifespan of the plant)
Trends in Solar Energy for 2025
AI-Driven Solar Monitoring: Advanced AI systems look at how well a plant is doing and offer ways to make it better.
Battery Storage Integration:When you combine solar panels with batteries, you can get power even when it’s dark or at night.
Bifacial Solar Panels: These panels get light from both sides, which makes them more efficient.
Sustainable Manufacturing:Growing numbers of panels and systems are being made using environmentally friendly methods, which is good for companies that care about the environment.
Floating Solar Farms: This technology puts solar panels on bodies of water, which makes it perfect for places where land is limited.
Government Incentives for Solar Power
There are several ways the Indian government encourages people to use solar energy:
Central Financial Assistance (CFA): Gives up to 30% of the cost of certain solar projects.
Accelerated Depreciation: Businesses can get tax breaks by saying that solar assets have accelerated depreciation..
Net Metering: Allows power plant owners to sell back to the grid any extra electricity they have.
State-Specific Benefits: In Uttar Pradesh, rooftop solar panels installation can get even more help, and in Haryana, people who use solar power don’t have to pay electricity duty.
Why Choose Om Solar Solution?
At our solar company in Kanpurwe develop, build, and take care of solar power plants that are exactly what you need. We work in Lucknow, Allahabad, Kanpur, Haryana, Varanasi, and Kannauj, and each job benefits from our years of experience and knowledge of the area.
Our Services Include:
Site Assessment: We look at the site to find the best place to install solar panels.
Custom Design: Solutions that are made to fit your energy needs.
Maintenance Support: Making sure that the plant is as efficient as possible for as long as it lasts.
Affordable Pricing: Reasonable prices without lowering the quality.
Conclusion
Investing in a 2 MW solar power plant is a great way for businesses, industries, and communities to save money on energy costs and help build a more sustainable future. With a payback period of only a few years and long-term savings of up to ₹50 crore, it’s a choice that pays off both financially and environmentally.
At Solar EPC Company in Haryana we want to help you use the power of the sun. If you’re ready to make the switch, contact us today and let’s make tomorrow greener together!
As a result of India’s growing focus on renewable energy, many solar photovoltaic (PV) module manufacturers have become major players in the market. Solar PV modules are the heart of any solar power system; they turn sunlight into electricity. With India’s growing focus on renewable energy, choosing the right solar PV module manufacturer is essential for making long-lasting and efficient solar installations.
In this blog, we’ll look at the top 10 solar PV module manufacturers in India for 2024, including what they offer, how much they charge, and how they’re changing the solar industry. Along the way, we’ll also talk about Om Solar Solution, a leading solar power installation company in India.
Introduction to Solar PV Modules and the Indian Market
Solar PV modules, which are also sometimes called solar panels, are important parts that use photovoltaic cells to turn sunlight into power. Solar photovoltaic modules are in very high demand because India is moving more and more toward renewable energy. Finding a trustworthy solar PV module manufacturer in India is important for any solar project, whether it’s for a home, a business, or a big solar farm.
India has big plans to increase its solar power capacity, and both Indian and foreign companies are doing very well in this area thanks to government policies that encourage them to do so.
Category
Statistics/Insights
Installed Solar Capacity
As of March 2024, India’s total installed solar capacity is over 70 GW. Target: 100 GW by the end of 2025.
Solar Power Contribution
Solar energy contributes around 13-14% to India’s total renewable energy generation.
Manufacturing Growth
India had 18 GW of solar PV manufacturing capacity in 2022, expected to grow with government incentives like the PLI scheme.
Government Policies
India aims for 500 GW of renewable energy by 2030, with 280 GW of solar power under the National Solar Mission.
Market Demand
Solar PV module demand is growing rapidly, with the residential rooftop market expected to have a 15% CAGR from 2023 to 2028.
Solar Tariffs
Solar tariffs in India are among the lowest globally, with bids as low as ₹2 per kWh (~$0.03/kWh).
Global Position
India is the third-largest solar market globally, following China and the United States.
Many good things happen when you switch to solar power:
Cost Savings: Even though it costs more up front, solar power can save you a lot of money on your electricity bills over time.
Environmental Impact: Solar power is a green and clean way to get energy that helps lower our carbon footprint.
Energy Independence: With the price of power going up and worries about energy security, installing solar panels can help you get off the grid.
Government Incentives: To get more people to use solar energy, the Indian government offers a number of grants and tax breaks.
Top 10 Solar PV Module Manufacturers in India 2024
To understand the Top 10 Solar PV Module Manufacturers in India 2024, see this table.
Rank
Manufacturer Name
Headquarters
Year Established
Production Capacity (MW)
Specialty/Products
Certifications
1
Adani Solar
Ahmedabad
2015
3500
Monocrystalline & Polycrystalline Panels
BIS, IEC 61215
2
Waaree Energies
Mumbai
1989
5000
Mono & Polycrystalline Modules
UL, ISO 9001
3
Vikram Solar
Kolkata
2006
2500
High-Efficiency PV Panels, Mono PERC
BIS, IEC 61215
4
Tata Power Solar
Bangalore
1989
1100
PV Modules, Rooftop Solar
ISO 9001, 14001
5
RenewSys
Mumbai
2012
750
PV Panels, Encapsulants, Backsheets
ISO 9001, 14001
6
Emmvee Solar
Bangalore
1992
500
Mono & Polycrystalline Solar Modules
ISO 9001, 14001
7
Goldi Solar
Surat
2011
2500
Mono PERC, Polycrystalline Modules
BIS, IEC
8
Jinko Solar India
Shanghai (Global)
2006
4000+
High-Efficiency PV Modules
BIS, IEC 61215
9
Premier Energies
Hyderabad
1995
1500
Mono PERC, High-Efficiency PV Panels
BIS, ISO 9001
10
Saatvik Green Energy
Gurugram
2016
1000
Cost-Effective PV Panels
BIS, IEC 61215
The following is a list of the top 10 solar photovoltaic module manufacturers in India in 2024, broken down into the following points:
1. Adani Solar
The green energy branch of the Adani Group includes Adani Solar as one of its subsidiaries. It is one of the biggest makes of solar PV modules in India. Adani Solar’s factory is state-of-the-art and can make 3.5 GW of solar panels. Their monocrystalline and polycrystalline panels ensure that the panels operate effectively and efficiently.
Price Range: ₹18,000 – ₹22,000 per 1 kW solar panel system
ROI: 3-4 years for commercial installations
2. Waaree Energies
Another well-known name for solar panel manufacturers in India is Waaree. The business sells high-quality solar panels that can handle power levels from 3W to 600W. Waaree is well-known for its cutting-edge solar PV technology and has a large customer base both in India and around the world.
Price Range: ₹20,000 – ₹25,000 per 1 kW solar panel system
ROI: 3-4 years
3. Vikram Solar
Vikram Solar specializes in high-efficiency photovoltaic (PV) panels that are known for working well even in bad weather. They make more than 2.5 GW of PV modules every year and sell them to homes, businesses, and factories.
Price Range: ₹21,000 – ₹23,000 per 1 kW
ROI: 4 years
4. Tata Power Solar
Indian solar companies like Tata Power Solar were some of the first to use solar power. They are recognized as one of the most prominent names in the market. They have a lot of different solar options, from PV panels to whole solar systems.
Price Range: ₹18,000 – ₹22,000 per 1 kW
ROI: 4-5 years
5. RenewSys
PV panels, solar encapsulants, and backsheets are all available from RenewSys. They are known for putting a lot of effort into new ideas and being environmentally friendly. Their goods are very durable and come with long-term warranties.
Emmvee Solar has been in the solar business for a long time and has a variety of monocrystalline and polycrystalline solar modules. They are known for making solar panels that work well and can be used in both homes and large-scale setups.
Price Range: ₹18,000 – ₹23,000 per 1 kW
ROI: 3-4 years
7. Goldi Solar
Goldi Solar sells Tier-1 solar panels that are made to produce more energy and last longer. Because they care about quality, they’re a popular choice in places all over the world.
Price Range: ₹19,000 – ₹22,000 per 1 kW
ROI: 3-4 years
8. Jinko Solar India
Jinko Solar is a world leader in solar technology, and their efforts in India have helped meet the growing need for solar solutions that work well. Their PV modules have a high conversion rate, which means they make the most energy possible.
Price Range: ₹20,000 – ₹25,000 per 1 kW
ROI: 3-4 years
9. Premier Energies
Premier Energies is one of the oldest and most well-known solar module manufacturers in India. Their high-efficiency PV panels are great for installing on roofs, in factories, and for large-scale utility projects.
Price Range: ₹21,000 – ₹24,000 per 1 kW
ROI: 4 years
10. Saatvik Green Energy
Saatvik Green Energy sells solar PV panels that are both cheap and good at what they do. Their products are known for having a lot of power and being reliable, which gives you a great return on your investment.
Price Range: ₹18,000 – ₹22,000 per 1 kW
ROI: 3-4 years
The Role of Solar Installation Companies like Om Solar Solution
While manufacturers focus on making solar PV modules, businesses like Om Solar Solution are very important in making sure that customers can use these goods correctly. Om Solar Solution is a reputable solar installation company that is equipped to meet all your needs for both residential and commercial projects.
Om Solar Solution provides a variety of services, including rooftop solar panel installation and large-scale solar systems, to ensure the effective use of solar power. The Om Solar Solution can help you whether you need solar panels put up on your home in Lucknow or solar EPC services (Engineering, Procurement, and Construction) for your business in Allahabad or Kanpur.
Their solar panel installation in home services cover many places, including Lucknow, Allahabad, Kanpur, Varanasi, and even Haryana. They offer excellent solar solutions for homes and businesses in these areas. Their experience with solar power installations makes sure that every job is done quickly and correctly, with a strong focus on getting the best return on investment (ROI) through well-planned and expertly carried out installations.
How to Choose the Right Solar PV Module for Your Needs
When picking a solar PV module, think about the following:
Efficiency: More energy is made per square meter when the efficiency is higher.
Durability: Select panels that come with long warranties (usually 25 years) and promises of good performance.
Cost: Look at different prices based on the panel’s power.
Manufacturer Reputation: Choose well-known names that have been shown to work well.
Solar PV Module Prices in India
In India, the price of solar panels usually falls between ₹18,000 and ₹25,000 for each kilowatt, influenced by the manufacturer and whether the panel is mono or polycrystalline. Prices are subject to fluctuations due to variables such as the cost of raw materials, government policies, and market demand.
Solar PV Module Prices and Installation Costs in India:
Category
Details
Price of Solar PV Modules (per kW)
₹18,000 – ₹25,000
Factors Affecting Prices
Manufacturer, Mono/Polycrystalline type, raw material costs, government policies, market demand
Installation Cost (Without Subsidy, per 1 kW)
₹60,000 – ₹70,000
Installation Cost (With Subsidy, per 1 kW)
₹40,000 – ₹50,000 (for systems up to 3 kW)
Government Subsidy
Up to 40% for systems up to 3 kW; 20% for systems between 3 kW and 10 kW
It cost of solar PV module installation can change based on the solar panels used, their size, and where they are installed. However, with the subsidies given by the Indian government, solar installation costs can be reduced significantly.
The government’s program to help people install solar panels at home usually gives up to 40% of the cost of systems up to 3 kW and 20% of the cost of systems between 3 kW and 10 kW. This greatly lowers the upfront cost of installing rooftop solar panels.
Conclusion
There are a lot of solar PV module manufacturers in India, so it’s important to pick a brand that offers the best balance of price, efficiency, and durability. Companies like Om Solar Solution are very important for bringing solar power to homes and businesses because they offer expert installation services. If you pick the right solar PV module and work with a reputable installation company, you can make the switch to clean, renewable energy go smoothly.
In today’s world, hospitals need a reliable energy source for everything from ICUs to diagnostic equipment to keep patients safe and operations running smoothly. With frequent power cuts and rising electricity costs in India, hospitals need to find long-term solutions. Solar power is a reliable, eco-friendly, and cost-effective option that is becoming increasingly popular in hospitals across the country. Om Solar Solution, a leading Solar Company in Lucknow, specializes in rooftop solar panel installation for hospitals, businesses, and commercial areas. In this blog, we will talk about why solar energy is a game-changer for Indian hospitals and how it is paving the way for a greener, more sustainable healthcare industry.
Why Solar Power is Essential for Hospitals in India
Because hospitals are open 24 hours a day, seven days a week, they need electricity all the time. Power outages can put patient care at risk, especially in emergency rooms, intensive care units, and operating rooms. The problem is even worse in rural and remote areas, where power supplies aren’t always reliable. Solar power, especially rooftop solar for hospitals, can provide a reliable and uninterrupted energy source, making sure that life-saving equipment keeps working during power outages.
Key Benefits of Solar Power for Hospitals
Cost Savings on Electricity Bills One of the best things about putting rooftop solar panels in hospitals is that the power costs will go down. Solar energy allows hospitals to produce their power, lowering their dependence on the grid and saving thousands in utility bills. The money saved can be used to improve hospital facilities and care for patients through commercial solar installations. The initial cost of installingsolar panel is quickly paid for by the money you save over time.
Uninterrupted Power Supply It’s not possible for hospitals to have power outages. When hospitals use solar power and battery storage systems, they can keep getting power even when the main grid goes down. Solar EPC companies in Kanpur and solar companies in Lucknow like Om Solar Solution build systems that keep important services running smoothly.
Environmentally Friendly Energy Source Solar energy is clean and can be used over and over again. Hospitals can make a big difference in lowering their carbon footprint by switching to solar power. This is good for the environment because it cuts down on harmful emissions and helps India reach its national goals for green energy.
Government Incentives and Subsidies The Indian government offers tax breaks and grants for rooftop solar installations as ways to encourage people to use solar energy. Through these programs, hospitals can lower the initial cost of installation and save money in the long run.
Energy Independence When hospitals use solar power, they need less energy from outside sources and have more control over their energy needs. This freedom is very important during natural disasters or pandemics when the demand for power goes up and grid stability goes down.
Understanding Solar Panel Sizes, Prices, And Types For Hospitals In India
If hospitals want to use solar panels, they need to know about the different sizes, prices, and types of solar panels so they can make an informed choice. The hospital’s energy needs, available rooftop room, and budget all play a role in how solar power systems are made. This complete guide will help you understand the most important things.
1. Types Of Solar Panels For Hospitals
Hospitals can choose from three main solar panel types with different efficiency, cost, and space requirements:
Type of Solar Panel
Efficiency
Cost (per kW)
Ideal For
Durability
Monocrystalline Panels
High (18-22%)
₹40,000 – ₹60,000
Hospitals with limited rooftop space
25+ years
Polycrystalline Panels
Moderate (15-18%)
₹30,000 – ₹50,000
Hospitals with more rooftop space
20+ years
Thin-Film Panels
Low (10-12%)
₹20,000 – ₹40,000
Large hospitals with expansive rooftops
15-20 years
2. Solar Panel Sizes (Capacity) For Hospitals
The hospital’s daily energy need determines the solar power system’s size. This guide shows how much capacity a hospital needs based on its size and energy use:
Hospital Size
Number of Beds
Average Daily Energy Consumption (kWh)
Recommended Solar System Size (kW)
Rooftop Space Required (sq. ft.)
Small Hospital
20-50 beds
200 – 500 kWh/day
50 – 100 kW
5,000 – 10,000 sq. ft.
Medium Hospital
50-100 beds
500 – 1,500 kWh/day
100 – 250 kW
10,000 – 25,000 sq. ft.
Large Hospital
100+ beds
1,500 – 3,000 kWh/day
250 – 500 kW
25,000 – 50,000 sq. ft.
How to Choose the Right Size for Your Hospital
Small Hospitals (20-50 beds): Need between 50 and 100 kW to power most things, like lights, air conditioning, and medical equipment.
Medium Hospitals (50-100 beds): A system with 100 to 250 kW of power is needed to run important areas like intensive care units and surgery rooms.
Large Hospitals (100+ beds): A 250–500 kW system works best for bigger hospitals that need a lot of power for services that run all the time.
The cost of installing solar panels in hospitals depends on the type of panels, the size of the system, and other factors such as energy storage. Here is a rough rundown of the costs:
Solar System Size
Cost per kW (₹)
Estimated Total Cost (₹)
Savings (per year)
ROI Period (Years)
50 kW (Small Hospital)
₹40,000 – ₹60,000
₹20 – ₹30 lakhs
₹4 – ₹6 lakhs
5 – 7 years
100 kW (Medium Hospital)
₹35,000 – ₹55,000
₹35 – ₹50 lakhs
₹10 – ₹15 lakhs
5 – 7 years
250 kW (Large Hospital)
₹30,000 – ₹50,000
₹75 lakhs – ₹1.25 crore
₹20 – ₹30 lakhs
6 – 8 years
500 kW (Very Large)
₹30,000 – ₹50,000
₹1.5 crore – ₹2.5 crore
₹50 lakhs – ₹1 crore
6 – 8 years
Additional Costs to Consider:
Battery Backup: Adding battery storage can cost between ₹8,000 and ₹20,000 per kWh if the hospital needs power 24 hours a day, seven days a week, even when the power goes out.
Maintenance: The annual maintenance costs are typically 1-2% of the total system cost, which guarantees optimal performance.
Factors Affecting Costs
Location: Prices can change depending on where you live (for example, city vs. country).
Type of solar panel: Most of the time, monocrystalline panels, which are more efficient, cost more than polycrystalline panels.
Government Subsidies: Government grants and rebates can help hospitals save a lot of money. In some cases, they can cover up to 20 to 40 percent of the cost of installation.
ROI (Return on Investment)
In hospitals, the return on investment (ROI) lasts between 5 and 7 years, based on the size of the system and the amount of electricity saved.
After the payback time, solar power gives you free electricity for the next 20 years or more, which saves you a lot of money in the long run.
Challenges Of Implementing Solar Power In Hospitals
Solar power is good for hospitals in many ways, but some issues need to be fixed before it can be used:
Initial Installation Costs It might cost a lot of money to put up solar panels. Even though it makes sense in the long run, some hospitals might not make the move because of the cost. But government aid and cash rewards can help pay for these things.
Space Constraints In towns, there might not be enough space for solar panels to be put up in hospitals. Some clever solutions are Solar EPC Company Kanpur like Om Solar Solution, which can build solar carports on roofs or energy systems that work with other systems.
Maintenance and Monitoring Solar power systems need to be taken care of regularly to work well. Hospitals will have to pay for ongoing tracking to make sure the system works right. If you work with a solar company in Lucknow that does repairs, this process will go more smoothly.
Grid Integration Solar power can be hard for hospitals to connect to their current power sources. A hospital must make sure that its solar panels can work with its other power sources, such as backup generators and uninterruptible power supply (UPS) systems.
Government Policies and Incentives for Solar Energy in Hospitals
India has been pushing solar energy hard with several programs and incentives. These perks can help hospitals save money on the cost of installing solar panels. Some of the most important government programs are:
Subsidies and Tax Benefits: The Ministry of New and Renewable Energy (MNRE) helps pay for solar systems on roofs. Also, hospitals can claim faster depreciation on solar systems, which lowers their tax bill.
Net Metering: Net metering lets hospitals send extra energy from their solar panels back to the power grid and get credits in return. This lets hospitals save even more money on their power bills.
Solar Energy Corporation of India (SECI) Programs: Large solar projects can be made easier to carry out with SECI’s help, and hospitals can work with SECI to set up solar power plants.
Solar Financing: Several banks and other financial institutions offer loans with low interest rates that can be used to put solar panels. These financial goods can help hospitals deal with the high cost of installing solar panels at the start.
As a reliable solar company in Lucknow that specializes in commercial solar installations, Om Solar Solution can help hospitals and other healthcare facilities with all of their solar needs. Om Solar Solution makes sure that solar integration goes smoothly from the first consultation and design to installation and ongoing upkeep.
Om Solar Solution’s main goal is to provide rooftop solar for hospitals. They work closely with healthcare workers to make sure they get the energy solutions they need. No matter how big or small the hospital is, we help lower their energy costs, make them more reliable, and make them more environmentally friendly.
Conclusion
Indian hospitals need to use solar power, it’s not just an environmentally friendly choice. As the price of electricity goes up and hospitals need reliable power, they need to look into long-term options like solar energy. Our company, Om Solar Solution, is one of the best solar EPC company in Kanpur and solar companies in Lucknow. We are dedicated to giving hospitals reliable and affordable solar power solutions.
Hospitals can make sure they can provide uninterrupted care, save money on energy bills, and have less of an effect on the environment by switching to solar energy. India’s health care will need long-term answers, and solar power is at the front of this revolution.
India wants to use clean and green energy, and solar power is becoming an increasingly important part of that plan. A lot of businesses and industries are switching to solar power to cut down on the pollution and money they spend on energy. Putting in a 100 kW solar power plant is one of the best things that businesses can do. In this blog, we’ll talk about how much a 100 kW solar plant in India costs. What sorts of financial incentives does the government offer in the year 2024? What good things does this method do for your business?
What Is A 100 Kw Solar Power Plant?
A significant solar energy system that is able to generate 100 kilowatts of power is referred to as a solar power plant with a capacity of 100 kW. Businesses that have significant electricity requirements, such as factories, hotels, schools, and shopping malls, are the perfect candidates for this solution because it is ideal for medium to large businesses.
These plants make use of solar panels, inverters, and other pieces of equipment that work together to maximize the amount of sunlight that is captured and converted into electricity. When the conditions of sunlight are favorable, a system of this scale has the potential to generate approximately 400 to 450 units of electricity on a daily basis.
Cost Of A 100 Kw Solar Power Plant In India (2024)
The total cost of a 100 kW solar plant is made up of several parts:
1. Solar Panels: This component carries the highest cost, with each panel being priced according to its wattage.
2. Inverters: Inverters convert the electricity generated by the panels from direct current (DC) to alternating current (AC) for practical use.
3. Mounting Structures: The panels are held in place and ensured stability by these supports.
4. Cabling and Wiring: High-quality wiring facilitates seamless energy transmission.
5. Labor and Installation: Bringing in specialists for your system installation is essential for optimal performance.
6. Other Costs: This may encompass transportation and various minor charges.
In 2024, the overall expense for a 100 kW solar plant without subsidies is projected to be between ₹50 lakhs and ₹55 lakhs (₹5,000 to ₹5,500 per kW).
Component
Approximate Cost
Solar Panels
₹35-40 Lakhs
Inverters
₹5-6 Lakhs
Mounting Structures
₹2-3 Lakhs
Cabling & Wiring
₹1-2 Lakhs
Labor & Installation
₹5-6 Lakhs
Total
₹50-55 Lakhs
100 Kilowatt Solar Panel Price List (Approx)
Model
Approximate Price
100kW On-grid solar system
Rs. 60,00,000
100kW Hybrid solar system
Rs. 80,00,000
100 Kilowatt Solar Panel Specifications
Key Specifications
Details
Key Components
Solar panels, mounting structure, inverter, batteries (optional), cables, fuses, MCBs, distribution boxes
Energy Output
430-480 kWh/day14,400 kWh/month1,72,800 kWh/year
Area Required
600 Sq. Mtr. (shade-free)
System Types
On-grid, Off-grid, Hybrid
100 Kw Solar Panel Price In India With Subsidy (2024)
The Indian government provides financial assistance to enhance the accessibility of solar power. These subsidies have the potential to lower the cost of a 100 kW solar plant by 20-30%, influenced by your location and the specific scheme you are eligible for.
For instance, once subsidies are applied, the overall cost could decrease from ₹40 lakhs to ₹45 lakhs, presenting a more accessible investment opportunity for businesses.
Here are a few reasons that highlight the benefits of installing a 100 kW solar power plant:
1. Big Savings on Electricity Bills: After installation, the solar plant has the potential to significantly reduce or completely remove your electricity expenses.
2. Environmentally Friendly: Solar power serves as a sustainable energy option that contributes to lowering pollution and carbon emissions.
3. Energy Independence: Implementing a solar power system allows your business to become less dependent on the grid, offering a safeguard against increasing electricity costs.
Solar Subsidy In India For 100 Kw Solar Systems
The government offers financial assistance to promote the adoption of solar energy. These subsidies may be provided by either the central government or your state government. The Ministry of New and Renewable Energy (MNRE) is responsible for managing the main subsidy program. Certain states, such as Uttar Pradesh and Haryana, provide extra incentives to enhance the appeal of solar energy.
Collaborating with a professional Best Solar Company in Lucknow allows you to discover the specific subsidy you are eligible for and the steps to apply for it.
Cost Comparison Of Solar Plants In Different Indian States
The cost of installing a 100kw solar plant can differ depending on the state. Elements such as installation expenses, local government regulations, and sunlight exposure in your area can influence the overall cost. Here’s a brief overview:
Kanpur and Lucknow (Uttar Pradesh): This area is recognized for its significant solar potential, and the installation costs tend to be somewhat reduced.
Haryana: A different state is fostering the growth of solar energy by providing attractive pricing options.
Return On Investment (Roi) For A 100 Kw Solar Plant
Solar power systems are appealing to a multitude of businesses due to the fact that they provide a promising return on investment (ROI). For instance, a solar plant with a capacity of 100 kW typically recovers its costs in four to five years as a result of reduced electricity bills. After that period of time, you can enjoy the benefits of free electricity for up to twenty-five years! These can help you comprehend this better:
Solar power: high ROI
100 kW system saves
Recover cost: 4-5 years
Cuts electricity bills
Free electricity: 25 years
Factors That Affect The Cost Of A 100 Kw Solar Plant
Various elements can affect the overall expense of a solar system:
Type of Solar Panels: Monocrystalline panels offer higher efficiency, though they come at a higher price compared to polycrystalline options.
Inverter Quality: An inverter of high quality promotes improved energy conversion and enhances the lifespan of the system.
Installation Costs: The costs for labour and installation can differ based on where you are and how intricate the setup is.
Choosing The Right Solar Installation Company
Selecting the appropriate company for your solar project is essential. Om Solar Solution, solar panel installation in home located also Lucknow, stands out as one of the leading solar companies in India. They provide a comprehensive range of services, including consultation, installation, and maintenance, to ensure your solar plant operates efficiently throughout its lifespan.
Om Solar Solution is a well-regarded solar company in Haryana, and there are other options in different parts of India that are also valuable to explore. It’s important to review the company’s certification and previous projects to ensure they have a reliable history. To put together a 100 kW solar plant, follow these easy steps:
1. Site Assessment: Do a to see if solar power could work at your place.
2. Permits and Approvals: Get the permits you need from the local government.
3. Installation: Set up the panels, inverters, and wires with the help of a professional.
Maintenance And Lifespan Of A 100 Kw Solar Power Plant
Solar power systems require minimal upkeep, yet it’s beneficial to clean the panels consistently and arrange for periodic inspections. With proper care, a solar system has the potential to last for 25 years or even more.
Government Policies Supporting Solar Energy In India
The Indian government is actively implementing new policies aimed at fostering the growth of solar energy. These initiatives enhance the affordability of solar energy for businesses and contribute to decreasing the nation’s dependence on fossil fuels.
Conclusion
A 100 kW solar power plant offers an excellent opportunity for your business to lower energy expenses while also contributing positively to the environment. Thanks to government subsidies and the durability of solar panels, this investment has the potential to recoup its costs in just a few years. Companies such as Om Solar Solution simplify the process, making it an ideal moment to embrace solar energy.
Solar power in commercial settings is smart and strategic due to the growing emphasis on environmental awareness and sustainable practices. More companies, large and small, are understanding the many advantages of using solar electricity. This blog discusses “Solar Power for Businesses,” highlighting the benefits of commercial solar installation. Moving from fossil fuels to renewable energy is no longer solely an environmental option.
It’s a sensible business move that can establish your innovation-focused brand. Given the worldwide emphasis on decreasing carbon footprints and tackling climate change, corporations are spearheading this vital transformation. Companies aim to satisfy informed customers while enhancing financial performance and guaranteeing long-term survival. We will also examine the usual challenges companies face when switching to solar energy. To guarantee a seamless and profitable transition to an eco-friendly lifestyle, we’ll help you choose the right commercial solar installation company.
With energy demand rising and non-renewable energy costs rising, Indian companies are seeking methods to cut energy costs and become more energy-efficient. Solar electricity is an attractive choice for companies.
The compelling argument for commercial solar power adoption will be discussed here, along with financial advantages, environmental effects, energy dependability, and property marketability. Check it out;
Section 1: The Benefits of Solar Power in Commercial Settings
The advantages of solar power for businesses go well beyond just being environmentally responsible. They present a persuasive argument that goes beyond the usual energy options.
In this section, we’ll explore the reasons why commercial solar installation is not only a smart choice but also a crucial decision for businesses of all sizes.
1.1 Environmental Impact and Corporate Social Responsibility
It is widely known that traditional energy sources have significant environmental consequences. Conventional power generation heavily relies on fossil fuels, which unfortunately contribute to significant greenhouse gas emissions, air pollution, and habitat destruction.
Businesses are becoming more aware of the importance of sustainability and environmental stewardship. They understand that it is not only ethically responsible but also a smart branding and marketing strategy.
Solar power is a perfect fit for corporate social responsibility (CSR) initiatives, enabling businesses to make a substantial impact in reducing their carbon footprint.
Companies can make a significant impact on reducing carbon emissions and combating climate change by harnessing the power of clean, renewable energy from the sun.
This is in line with the increasing consumer desire for environmentally friendly products and services, which helps create a favorable public perception and strengthens customer loyalty.
The popularity of commercial solar power is increasing, and it’s easy to see why. Businesses in India and around the world are increasingly recognizing the numerous advantages of adopting solar energy.
Commercial solar installations in India have experienced significant growth, with a large number of businesses opting to make the switch every year. The surge in popularity is fueled by a variety of factors, such as:
Financial Feasibility: Solar power has become a compelling choice for businesses seeking to lower their operational costs, as it is now comparable in price to conventional energy sources.
Government Incentives such as Numerous governments provide attractive incentives, including tax credits and rebates, to businesses that make investments in solar installations, resulting in significant financial advantages, and the cost of commercial solar panels also becomes cheaper.
Progress in Technology: Ongoing developments in solar technology have resulted in improved efficiency and reliability, making solar power even more attractive.
Our Sustainability Goals: Many businesses are now dedicated to achieving ambitious sustainability goals, with solar power being a crucial component in reaching these objectives.
Independence in Energy: Solar power provides businesses with the ability to achieve energy independence, giving them more control over their energy supply. This reduces their susceptibility to energy price fluctuations and guarantees a dependable power source.
In the upcoming sections, we will delve into these trends and benefits, providing businesses with a comprehensive understanding of the substantial advantages that come with incorporating solar power into their operations.
After reading this blog, you will gain a thorough understanding of the environmental benefits and business advantages of commercial solar panels installation.
Section 2: Exploring the Advantages of Commercial Solar Installation
There are numerous benefits to commercial solar installation that go beyond just being environmentally responsible.
In this section, we’ll explore the significant financial advantages of adopting solar power, making it a wise choice for businesses.
2.1 Maximize Your Savings with Solar Power: One compelling reason for businesses to adopt solar energy is the opportunity to achieve substantial cost savings. Integrating solar power into a company’s operations can lead to significant reductions in electricity bills.
Solar power systems are a great option for generating electricity without the need for ongoing fuel costs, making them a cost-effective alternative to traditional grid power. By redirecting these cost savings, businesses can fuel growth and foster innovation.
Conserving energy is a straightforward and effortless method to achieve important goals. If you hold the position of ‘Head Of Sustainability’ or ‘Sustainability Director’, solar energy should be given serious consideration.
2.2 Government Incentives and Tax Credits: The Indian government provides a range of incentives to encourage the use of solar power in commercial settings. These incentives can greatly reduce the initial expenses of solar installation.
There are various financial incentives available, such as tax credits, grants, and feed-in tariffs, which can greatly benefit businesses.
2.3 Return on Investment (ROI): Investing in commercial solar installation is more than just a cost; it’s a smart investment with an impressive return on investment.
The cost savings from lower energy bills and the additional income from selling excess energy back to the grid can lead to a rapid return on investment.
After the initial investment is recovered, businesses can reap long-term financial benefits from their solar power system for many years to come.
2.4 Examples of Successful Financial Cases: Consider the success stories of businesses that have already made the transition to commercial solar installation to understand the financial advantages it offers.
Through the analysis of real-world examples, it becomes evident how companies from different industries have successfully implemented solar power adoption to lower operational costs, increase profitability, and gain a competitive advantage.
Section 3: Considering Sustainability And Environmental Effect
Commercial solar installation is crucial for advancing towards a more sustainable and environmentally conscious future.
This section explores the environmental advantages of implementing solar power for businesses, highlighting the positive effects on the planet and corporate values.
3.1 Minimizing Carbon Footprint: One of the key benefits of commercial solar installation is the significant decrease in carbon emissions. Traditional energy sources, particularly those dependent on fossil fuels, make a substantial contribution to the release of greenhouse gases and the exacerbation of global warming.
By embracing clean, renewable solar energy, businesses have the power to significantly reduce their carbon footprint and take proactive steps toward combating climate change. It’s impressive to see the increasing importance placed on companies partnering with environmentally conscious businesses.
Solar energy is not primarily focused on saving you money. However, it is focused on helping you generate income. When companies can secure better talent and increase their success in acquiring tenders, it becomes an obvious choice.
3.2 Creating A Positive Environmental Impact: The adoption of solar power has numerous benefits, including the reduction of carbon emissions and the alleviation of strain on ecosystems and natural resources.
Solar panels are a great way to generate electricity without relying on resource-intensive fuel extraction. They have the added benefit of producing no air or water pollution.
This results in improved air quality, more robust ecosystems, and a decreased reliance on finite resources.
3.3 Embracing Sustainable Business Practices: Sustainability has become a crucial aspect of business operations, no longer just an optional choice.
Companies that prioritize sustainability not only fulfill their environmental responsibilities but also showcase their dedication to being responsible corporate citizens.
The environmental impact of solar power perfectly complements sustainable business practices, creating a positive corporate image and strengthening brand loyalty.
3.4 Working Towards Sustainability Goals: Many businesses have established ambitious sustainability goals to meet the expectations of both consumers and investors. Solar power plays a vital role in achieving these objectives.
By embracing renewable energy sources, companies can showcase their commitment to long-term sustainability, which can enhance their appeal to environmentally conscious consumers and partners.
The environmental advantages of industrial solar system installation are significant and extensive.
As we delve into the various benefits of solar power for businesses in the upcoming sections, you’ll gain a thorough understanding of how this transition can strengthen your corporate sustainability efforts, minimize your environmental footprint, and contribute to a more responsible and eco-friendly future.
Section 4: Ensuring Energy Independence And Reliability
In today’s fast-paced business world, having a reliable source of electricity is crucial for seamless operations. Commercial solar installation provides a solution for achieving greater energy independence and reliability.
This section delves into the significance of obtaining a secure and self-sufficient power source for your business.
4.1 Embracing Solar Power For Achieving Energy Independence: Commercial solar installations offer businesses an unmatched level of energy independence.
Generating your electricity from the sun helps you become less dependent on external energy suppliers and the grid.
By implementing this solution, your business can effectively shield itself from the uncertainties of energy price fluctuations and enjoy a reliable and consistent power source.
4.2 Ensuring Dependability In The Event Of Power Loss: Power outages can have a significant impact on businesses, causing disruptions, financial losses, and potential harm to equipment and data.
Solar power, when paired with energy storage solutions like batteries, provides a reliable source of electricity that remains unaffected by grid failures.
This is a revolutionary solution for businesses that rely on uninterrupted power, such as data centers, healthcare facilities, and manufacturing plants.
4.3 Storage Of Energy Solutions: Energy storage technology has made remarkable progress in recent years, enabling businesses to effectively store surplus solar energy during periods of cloudiness or at night.
Not only does this improve the dependability of your power supply, it also helps you save money by using stored energy when electricity rates are higher during peak demand periods.
Section 5: Enhanced Property Value And Market Appeal
Installation of commercial solar panel can have a positive impact on your financials, increase the value of your property, and make you more attractive to potential buyers or tenants.
This section explores the advantages of solar power for your company’s assets and how it might draw in environmentally aware clients.
5.1 Increased Property Value: Incorporating a solar power system into your commercial property is a wise investment that can greatly enhance the value of your real estate.
Rooftop Solar Installations in Industries are highly valued and can significantly increase the market value of your property.
There are potential benefits to consider if you ever choose to sell, lease, or use your property as collateral for financing.
A business property with solar energy is more likely to attract attention from investors and other entrepreneurs. For those seeking to make a lucrative return on their investment, this property is quite enticing.
5.2 Enhancing Marketability and Building a Strong Brand Image: Consumers and businesses are becoming more attracted to eco-friendly practices in today’s environmentally conscious marketplace.
By embracing solar energy, your business can tap into the growing demand for eco-friendly solutions and position itself as a leader in sustainability. This will not only attract more customers and partners, but also demonstrate your commitment to the environment.
Highlighting a dedication to sustainability and corporate responsibility can have a positive effect on your brand image and reputation.
5.3 Gain a competitive edge: Utilizing solar power can give a business a distinct advantage over competitors who have not yet embraced renewable energy sources.
Customers are increasingly drawn to environmentally responsible companies, which can give your business an edge in a market that values sustainability.
5.4 Exploring the advantages of tax and incentive benefits: In India, businesses have the opportunity to take advantage of tax incentives and rebates when they choose to install solar power systems. These financial incentives not only help lower the upfront expenses of installation, but they also enhance your overall return on investment.
Throughout the upcoming sections, we will delve into the numerous benefits of commercial solar installation. By the end, you will have a thorough grasp of how this transition can enhance your property value, boost your marketability, and give you a competitive edge in the business world.
Section 6: Addressing Challenges And Factors To Consider
Although commercial solar installation offers clear benefits, businesses need to address various challenges and considerations.
This section provides helpful tips for overcoming common obstacles and ensuring a smooth transition to solar energy.
6.1 Site Evaluation and Feasibility: Do a thorough site inspection before installing solar panels to make sure your area is suitable. When choosing solar panels, consider roof space, shading, and local climate.
6.2 Initial costs and funding methods:
For certain businesses, the initial expenses associated with a commercial solar installation may pose a challenge. Fortunately, there are several financing options available that can make solar power accessible without requiring a large upfront investment. These choices consist of power purchase agreements, leases, and loans.
6.3 Overcoming Regulatory and Permitting Challenges: Understanding the regulatory landscape can be challenging. It is important for businesses to ensure that they meet all the necessary local, regional, and national requirements for solar installation. It is important to ensure that all necessary permits are obtained, building codes are followed, and grid connection rules are complied with.
6.4 Monitoring and maintaining your systems to ensure smooth functioning: Maintaining solar power systems is crucial for maximizing their efficiency. It is important for businesses to anticipate and budget for ongoing maintenance expenses. Additionally, investing in system monitoring tools can help businesses keep track of energy generation and quickly address any potential issues that may arise.
6.5 Finding the Perfect Solar Installation Partner: Choosing a trustworthy and knowledgeable solar installation partner is absolutely essential. Consider things like the track record of the business, its credentials, and the caliber of the equipment it uses. To find the ideal fit for your company, thoroughly investigate possible partners and get numerous quotations from them.
Section 7: Finding The Perfect Solar Installer Company
For your business solar installation project to be successful, selecting the right partner is essential. Here, we’ll provide you useful advice on choosing a reputable and informed solar power installation company like Om Solar Solution.
7.1 Extensive Knowledge and Proficiency: Seek out companies that have a demonstrated history of success in commercial solar installations. Having experience is crucial when it comes to designing and installing systems that perfectly cater to your business’s unique requirements. Make sure to review case studies and references from previous projects.
7.2 Professional Credentials and Expertise: Make sure the solar installation partner has the required certifications and qualifications.
Seek out companies that have received accreditation from industry organizations and employ certified professionals with expertise in solar energy systems.
7.3 Quality of Equipment: The choice of solar panels and equipment used in your installation can greatly affect the performance and lifespan of your system.
Choose a company that utilizes reliable and top-notch equipment sourced from well-known manufacturers.
7.4 Tailored Solutions: Every business has its own specific energy requirements. It is important to find a partner who can customize a solar power system to meet your unique needs.
It would be beneficial for them to evaluate your energy consumption patterns and create a system that optimizes efficiency and saves costs.
Conclusion: Finally, Brightness And Sustainability Are Possible.
As we conclude “Solar Power for Businesses: The Benefits of Commercial Solar Installation,” we have covered the many benefits of solar energy in India.
Commercial solar installation is smart for several reasons. They save money, benefit the environment, improve energy dependability, raise property value, and boost marketability.
Businesses may reduce carbon emissions, become energy self-sufficient, boost market attractiveness, and secure a sustainable future by using solar power.
You must do rigorous site inspections, handle complicated laws, and carefully choose the best solar installation partner to overcome frequent problems.
Solar electricity helps your company in many ways. It shows your environmental responsibility and may raise your profitability, sustainability, and market position.
Feel free to contact us. Please offer information so we may better understand your business’s requirements and objectives. Following receipt of your information, we will react soon.
Your firm may succeed and help clean up the globe by adopting sustainability and solar energy.
I am grateful that you have decided to accompany us on this amazing journey.
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.
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.
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.
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.
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.
