Friends, in India majority of small houses want to install 1 Kilowatt solar panel system for getting zero electricity bill. That’s why they want to know what is the price of 1 Kilowatt solar panel system in India with Subsidy.
Here in this article, we explained about 1 KW Solar Panel price in India in full details. After that you can decide that what type of solar system you want to install for 1 Kilowatt capacity. So, let’s start and check the price list of solar panel with subsidy too.
Headings
- 1 Types of Solar Panel System
Types of Solar Panel System
In India, there are mainly 3 types of solar panel system available to open market. In this article, we provide you details of these all types of solar panel system cost.
- On-Grid Solar System
- Off-Grid Solar System
- Hybrid Solar System
1 KW Solar panel price in India 2024
In fact, 1 KW solar panel price is depends on so many factors like which company manufactured, types of solar panel as well as location where you want to install the solar rooftop system. That’s why here we provide price list of solar panel which you can take as a reference.
| Types of System | Estimated 1 KW Solar Panel Price |
|---|---|
| 1 Kilowatt On-grid solar panel | Rs. 70,000 to 80,000 (Rs. 50,000 as per the national portal) |
| 1 Kilowatt Off-grid solar panel | Rs. 80,000 to 90,000 |
| 1 Kilowatt Hybrid solar panel | Above Rs. 1,10,00 |
Note: This 1 KW solar panel price list is totally estimated price because as we informed you earlier that price of the system depends on many factors.
On which rooftop solar system will get government subsidies?
For now, we want to inform you that central government of India provide highest amount of subsidy for rooftop solar (RTS) system. But you have to keep in mind that Indian government provide subsidy benefits to only On-Grid solar system. If you want to install Off-grid or hybrid solar system then you will not become the beneficiaries of solar subsidy.
1 KW Solar Panel system price with Subsidy
In the below table, we discussed about only On-Grid solar panel system in which you can apply for the subsidy to the government.
| Type of System | Price | Subsidy (CFA) | After Subsidy Price |
|---|---|---|---|
| 1 KW On-Grid solar panel | Rs. 50,000 (As per the Government) | Rs. 30,000 | Rs. 20,000 |
| 1 KW Off-Grid solar panel | Rs. 80,000 | Not Applicable | – |
| 1 KW Hybrid solar panel | Rs. 1,20,000 | Rs. 18,000 | Rs. 1,02,000 |
Note: Central Govt of India provide now a days highest subsidy under PM Surya Ghar Muft Bijli Yojana for On-grid RTS system, and the subsidy value is based on the today benchmark which will be different in future.
Key Features of 1 Kilowatt solar system
- Energy Output: In India, Solar energy production is the ideal way because of the atmosphere in country. That’s why it’s an average 4 to 5 units per day electricity generation possible by the 1 Kilowatt solar panel system.
- Necessary Area: Install any type of solar panel system, it’s doesn’t matter huge difference in area required. On an average 100 square feet ideally required for the 1 KW system.
- Parts of system: You need solar panels along with inverter, net meter, electricity cable, MCB, batteries for hybrid and Off-grid system.
- Devices Powered up: A 1 KW system easily power up the small houses like 1 or 2 BHK house. Where you can run freeze, tv, bulbs, fan and small kitchen appliances like blender, mixer etc.
- No. Of Solar panels: It’s depends on the capacity of one solar panel. If your solar panel is 330 watt then you need 3 solar panel for 1 KW.
- Central Finance Assistance: As per the today’s (April, 2024) benchmark, Government of India’ provides 60% subsidy for up to 2 KW solar panel system.
- Warranty: Generally, most of the solar manufacturing companies provides 25 years of warranty for efficiency and 5 to 10 years of warranty for product.
Beyond the capacity – Benefits of Rooftop Solar system
- Reduced Electricity Bills: Solar energy is the natural energy that will affect the economic conditions of every families who installed solar panel. Because it will resulting zero electricity bill.
- Less time to recover the cost: If you apply for PM Surya Ghar Muft Bijli Yojana then you can recover the installation cost of RTS system within 5 years for up to 3 KW capacity.
- Environment friendly power generation: Generation of power from the sunlight is totally emission free and pollution free that will increase the green energy production in the country.
- Low maintenance cost: Whole system requires less maintenance cost. Because once you Installed the system then it will be continued for up to 25 years.
- Easy cleaning: You don’t need to clean daily the parts of solar panel and it’s really easy task that will complete even 18 years boy. Here are the Maintenance and cleaning tips for solar panel.
- Long term return: Once you installed the solar panel then it will provide you free electricity for 25 years. It means you will get good economic benefits from one time installation.
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Frequently Asked Questions
What is the cost of 1 KW solar panel?
Ranging from Rs 50,000 to 80,000 depends on the type of solar panel and their manufacturing company
What is the price of 1 Kilowatt solar panel with subsidy in India?
Central finance assistance (CFA) for On-grid solar is Rs 30,000 per 1 KW and the cost is nearly Rs. 50,000. So, Rs 20,000 is the approximately cost of On-grid solar panel.
How many units produced by 1 KW solar panel?
Average 3 to 5 units a day
Who should install 1 kilowatt solar panel?
Those who used 100 to 130 units of electricity in a month
What is 1 Kilowatt Solar Panel Subsidy in India?
Rs 30,000 as per PM Surya Ghar Yojana