Homeowners are interested in solar panels but haven t taken the time to figure out what it takes to install them.
Cost of installing solar panels at home in india.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
To avail subsidy the average cost of installation of rooftop pv system without subsidy should be around rs 60 000 70 000.
It would cost anywhere between rs 70 000 to rs 1 20 000 per kw depending on the panels and inverter that you go for.
Moserbaer 305 w 30 v solar panel.
Tata power solar offers solar rooftop for home.
Since the demand has increased at great levels in india the price of home solar panels has become most affordable.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years.
In order to avail generation based incentive the customer should generate 1100 kwh 1500 kwh per year.
If you are already familiar with the cost of solar energy installation and how much solar panels will save but want to know more about the steps involved in the solar installation process then i recommend this linked article.
This consumer reality and the undeniable benefits of having solar panels on a home complements recent studies that found property values increase after solar is installed.
The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house.
Investing in rooftop solutions leads to great savings while protecting the environment.
In case you go for an off grid solar panel system which includes panels inverter charge controller batteries wiring structure connectors junction box etc.
The most important consideration when purchasing a solar panel is the amount of power you need for a particular application.
A person who is interested in getting a subsidy needs to follow some protocols.
Solar improves the value of your home.
However to see average solar power system cost and how to use a solar cost and savings estimator to calculate the cost of solar panels for your home read below.
Save and earn from your idle rooftop space.
Electricity is getting more expensive nowadays.