3kW Solar Panel Price in India with Subsidy_ A Comprehensive Guide

1. 3kW Solar Panel Price in India with Subsidy: A Comprehensive Guide Making the switch to solar energy is a thoughtful decision thus, you may indeed be a little bit concerned about how much it will cost you. Today, we're going to walk you through everything you need to know about the 3kW solar panel price in India with subsidy, including how government schemes can help you save on the cost. With the increasing trend of people beautifying their homes with solar panels for energy supply, the question of the price of a 3kW solar power system has received paramount attention. We present to you with all the nitty-gritty to help you make an informed decision by explaining the costs associated with the same. What is a 3kW Solar Power System? A 3kW solar power system would fit in a house with average electricity usage, the ones that are usually searched on the internet such as 3 to 4 BHK. The entire process would result in the

2. production of electricity from the solar panels of approximately 12-15 units of electricity per day which you can use to operate different appliances such as fans, lights, refrigerator, TV, and air conditioners, among others. The following components are expected to be found in a 3kW solar power system: ● Solar Panels: The key unit that takes energy from the sun and turns it into electricity. ● Inverter: It is the part, which changes the energy the panels get into AC power to use at home. ● Mounting Structure: It is the frame that is on the rooftop solar panels to keep them in place. ● Cables and Wires: Are the necessary connectors that go to every equipment in order to have the appropriate power and operation come through. ● Batteries (optional): Storing excess power for immediate or later use, a battery is a necessity for those who are going off-grid. Based on the above, would be the cost of the primary equipment. Breakdown of 3kW Solar Panel Price in India First of all, how much does a 3kW solar panel system cost in India? The cost of these panels can differ since there are several components like the category of panels, charges for installation, and the actual site that come into play when you talk about the prices of the unit. Below is a rough estimate of the 3kW solar panel price in India without subsidy: ● Monocrystalline solar panels (more efficient but pricier): ₹65,000 to ₹70,000 per kW. ● Polycrystalline solar panels (more affordable but slightly less efficient): ₹50,000 to ₹55,000 per kW. For a 3kW solar power system, the overall price could range from ₹1.5 lakh to ₹2.1 lakh. Keep in mind that this is before any government subsidies are applied, and the total can also vary depending on your choice of inverter, mounting, and additional installation costs. But don't worry—this is where the subsidies come in to make things a lot more affordable! Government Subsidies for 3kW Solar Panels in India

3. The Indian government has been pushing hard to promote solar energy, and one of the biggest incentives is the subsidy provided for installing rooftop solar panels. Under government schemes like the PM Surya Ghar Muft Bijli Yojana and various state-specific programs, you can get a subsidy of up to 40% for systems up to 3kW in capacity. This makes the 3kW solar panel price in India with subsidy much more affordable, significantly reducing your upfront costs. For example: ● If a 3kW system costs around ₹1.8 lakh, a 40% subsidy would reduce the price by approximately ₹72,000, bringing your total to just ₹1.08 lakh. ● The exact subsidy amount can vary based on your state’s policy, but the savings are considerable. By opting for 3kW solar panels under these schemes, you’re not only helping the environment but also cutting your installation costs almost in half. Now, let’s look at how much you’ll actually pay after applying these subsidies. How Much Will You Pay for a 3kW Solar Power System with Subsidy? After applying the government subsidies, the 3kW solar panel price in India with subsidy could range from ₹90,000 to ₹1.3 lakh, depending on the specific scheme in your area and the type of solar panels you choose. Here’s an example: ● For a 3kW system costing ₹1.8 lakh (without subsidy), you might end up paying only ₹1.1 lakh after the 40% subsidy is applied. This makes switching to solar not only a smart choice for the environment but also a financially sound one. And remember, your rooftop solar panels will start paying you back in the form of reduced electricity bills, typically within 4-6 years. Installation Process and Additional Costs Once you decide to install rooftop solar panels, the process is pretty straightforward. Here are the key steps: 1. Site Survey: The installer will evaluate your rooftop space and energy needs.

4. 2. Design and Quotation: They’ll design the system based on your requirements and provide a detailed cost estimate. 3. Installation: Once you approve the plan, the installation is done within a few days. 4. Commissioning: After installation, the system is connected to your grid, and you’re good to go! While the 3kW solar panel price in India with subsidy covers most of the costs, there are a few additional expenses to consider: ● Installation charges: Labor costs can vary but are typically included in the overall price. ● Maintenance: Solar panels require minimal upkeep, but it’s good to budget for occasional cleaning and inspections. ● Warranties: Make sure your system comes with a solid warranty for the panels and inverter (usually 10-25 years for panels and 5-10 years for inverters). Why Now is the Best Time to Install a 3kW Solar Power System So, why wait? With the current government subsidies, the 3kW solar panel price in India with subsidy is incredibly affordable. Not only will you be doing your part for the environment by reducing your carbon footprint, but you’ll also start saving on electricity bills from day one. Here’s a quick recap of why a 3kW solar power system is a great choice: ● Ideal for average households, providing enough power for daily needs. ● Rooftop solar panels are easy to install and maintain. ● Government subsidies can reduce your cost by 40%, making it more affordable than ever. ● The payback period is just 4-6 years, after which you’ll enjoy almost-free electricity! Switching to solar energy is not just about saving money—it’s about creating a sustainable future for everyone. So, why not take the plunge and start benefiting from 3kW solar panels today?