10 KW Solar Panel (System) price in India with Subsidy 2024

Mahesh Patel

Solar System Price & Unit Generation

A 10 Kilowatt solar panel system generate nearly 1200 units of electricity in a month. That’s why those who needs this much power will think to install 10 kw solar system. When you reached at your final decision to install solar panels then it’s necessary to think again and again about price of 10 Kilowatt solar system.

That’s why I hope you will find all the aspects of 10 Kilowatt solar plant either for your home, colony or any commercial use. Without wasting so much time let’s check the details in deeply about price and subsidy under the solar system.

Who deserves 10 Kilowatt solar panel system?

First you have to final that are you really deserved a 10 Kilowatt solar panel system or not? Because it’s generate more power daily and if you don’t consume that much power then it will not fit for you. For example, if you want to install for your home or office then first see how much power consumption of your home or office in a month. Because 10 Kilowatt system will generated 1200kwh in a month.

In a case you want to install for your colony or a company then you think right to choose 10 kw solar panel which may meet your energy requirements. So, finally you can calculate your energy consumption and if it will meet the energy generation by 10 Kilowatt system then go ahead.

Types of 10kw solar systems – Necessary to kick your decision

First of all you should know about the types of solar system because every single type of the system will be different in terms of price. Not only price but some of the system will lead you to avail subsidy benefits too. Let’s explore the solar system types.

  • On Grid solar system (Grid Connected)
  • Off Grid solar panel system
  • Hybrid solar system

In India there are mainly these three types of systems. Out of which Grid connected system installed by majority of the households even commercial units too.

  • Grid Connected System:- In this system, you don’t need to store the energy which is generated from the sun rays. All the system will work on net meter. Suppose, your system will generated 10 units a day then first it will consume by you and if there will remain 2 units in a day then it will automatically transfer to the grid.
  • Off Grid System:- In this system, you need a batteries to store DC power. Because here is no setup of grid. So, when you store DC power and this power will convert to AC power with the use of inverter.
  • Hybrid System:- As the name suggests, here are both setup will be done grid connected through net metering and also need of batteries.

Solar Companies that offer 10 kW solar system setup

Here is the list of top 10 solar panel manufacturers in India.

  1. Tata Power Solar
  2. Adani Solar
  3. Patanjali Solar
  4. Waaree Energies Ltd
  5. Saatvik Green Energy Pvt LTD
  6. Vikram Solar
  7. Goldi Solar
  8. Renew Sys India
  9. Servotec Solar
  10. Loom Solar

Components required for installation and their price

As we stated earlier every system requires various parts to serve electricity in home or anywhere through solar panel. Like if you install off grid solar then you need batteries to store the energy while there are no need to battery in On grid system. Let’s check the list of components and their estimated price.

  • Solar Panels:- This is the main component which grabs the solar power from the sun rays. If you want to install 10 Kilowatt solar plant then you need approximately 30 panels of each capacity is 375 watt. The price of the solar panels is something around 4 to 4.5 lakhs.
  • Solar Inverter:- Once your solar panel generates power then keep in mind that this power is in the form of Direct Current (DC) but our electrical appliances required AC power. So, you need an Inverter. For 10 kw system you need to install solar inverter that’s cost to you around 1.8 to 2 lakhs.
  • Batteries:- Keep in mind, if you want to install Of grid system then and then you require a batteries which store the energy, and for a 10 Kilowatt system it will cost to you something around 2.5 lakhs.
  • Net Metering:- If you install grid connected system then you also need net metering service from the electricity provider in your area. Here you need to some extra cost like MCBs, Net meter etc. and that will cost you nearly 40 thousand rupees.
  • Miscellaneous and Installation cost:- You require 3 phase cables, fuses, distribution boxes etc along with the installation cost of the structure. All solar companies have different installation cost. If we calculated then it will something around 1 lakh INR.

10 Kilowatt solar panel price

Here is the main thing because you have to choose right type of system that will recover your cost as soon as possible. In the below table we provide you all these 3 types of solar system with capacity of 10 Kilowatt. Once again the price of the system will varies from place to place and company to company.

Types of System10 KW price (INR)
10 Kilowatt On grid solar priceRs 6.5 to 7.5 lakh
10 Kilowatt Of grid solar priceRs 7 to 8 lakh
10 Kilowatt Hybrid solar priceRs 8 to 9 lakh

Price with subsidy

As per the new initiative of central government, PM Surya Ghar Yojana will provide subsidy on solar panels for households. If you want to install 10 kw capacity solar panel for your home then you can avail the solar subsidy from the government. Let’s check the details of subsidy in the below table.

Types of SystemPriceSubsidy AmountPrice after subsidy
10 KW On gridRs 7,00,000Rs 78,000Rs 6,22,000
10 KW Of gridRs 8,00,000Not ApplicableRs 8,00,000
10 KW HybridRs 9,00,000Not ApplicableRs 9,00,000

Note: Central government provide fixed amount of subsidy for 3 Kilowatt or more capacity of solar system and this amount is 78,000 INR. You can verify by visiting the official portal.

Installation cost of 10 KW solar system

Installtion cost of the solar panel system is again depends on various factors like level of base where you want to mount the structure, peak hours where sunlight go through your panels it means the degree of solar panels at the time of fitting are some of them. That’s why once you finalize the solar company then you ask them for the site verification. After that they will provide the quotation of the installation cost. Installation cost also depending on the company.

But here is the solution for your queries regarding the installation cost, you just prepare a list of top 5 solar companies and ask all them to send the quotation of installation. That will save your money on installation of solar panels.

Features & Benefits

  • Energy Output:- 10 Kilowatt system will generated nearly 40 electricity units everyday. It means you 1200 units in monthly and 14,400 units in a year. That will save your money.
  • Area Required to Install:- Generally, 1 Kilowatt solar panel system requires 100 square feet area that’s why commonly you required 1000 square feet area for 10 kw system.
  • Chance to sell solar energy:- Earning potential also available here because in any month if you save electricity then you can sell solar energy to the government too through grid. That’s will earn money for you and meet faster recovery cost.
  • Reduce electricity bills:- Solar panel system requires initiative investment. It’s high value but once you installed it’s not required so much cash for the maintenance or cleaning the solar panels. It means once you installed the solar panel system from that day your electricity bills tends to zero.
  • Environment friendly:- Install solar panel is a good decision for your budget as well as for environment. It reduces the carbon level in the atmosphere that’s why helps to clean the environment.
  • Warranty:- Most of the solar companies offer 25 years of warranty on solar panels only. Other parts like battery (~ 5 years), cables are included in this warranty period.

Conclusion

Almost all the details about the price of 10 kw solar panel has been covered in this article. I hope you got the information what you want. If yes then please share it with other and if you want to need the corrections then please comment us below or directly through email. At the end, we appreciate you to make your decision with solar power. For more details about the government schemes as well as solar panel make sure to bookmark this website.

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