How much is the 2kw solar panel price with subsidy in India 2023? - Jaysis Green Energy & Infra How much is the 2kw solar panel price with subsidy in India 2023? - Jaysis Green Energy & Infra

How much is the 2kw solar panel price with subsidy in India 2023?

Introduction:

With the increasing global focus on renewable energy sources, solar power has emerged as a sustainable and economically viable alternative. Solar panels play a vital role in harnessing the power of the sun and converting it into electricity. In India, the government has implemented various initiatives to promote solar energy adoption, including subsidies to make it more affordable for the masses. In this blog post, we will delve into the details of 2kW solar panel systems, their benefits, pricing, and subsidies available in India.

Understanding Solar Panels and their Advantages:

Solar panels are devices that convert sunlight into electricity through the photovoltaic (PV) effect. The key advantages of solar panels include:

  1. Renewable and Sustainable Energy: Solar power is derived from the sun, making it an abundant and inexhaustible energy source.
  2. Cost Savings: Solar energy can significantly reduce electricity bills, providing long-term savings.
  3. Environmentally Friendly: Solar energy production does not release harmful greenhouse gas emissions, contributing to a cleaner and greener environment.
  4. Energy Independence: By installing solar panels, homeowners and businesses can reduce reliance on the grid and enjoy uninterrupted power supply.

The significance of 2kW Solar Panel Systems:

A 2kW solar panel system is an ideal choice for small to medium-sized residential properties and small businesses. It consists of approximately eight 250W solar panels or six 330W solar panels. A 2kW solar panel system can generate around 8-10 units of electricity per day, depending on factors such as location, orientation, and weather conditions.

Factors Influencing 2kw solar panel price with subsidy in India:

Several factors affect the price of 2kW solar panel systems in India, including:

  1. Solar Panel Quality: High-quality solar panels generally have a higher price due to their superior performance and durability.
  2. Inverter Type: The inverter converts the DC electricity generated by the solar panels into usable AC electricity. Different types of inverters, such as string inverters and micro-inverters, vary in price.
  3. Mounting Structures: The cost of mounting structures for solar panels depends on the type of roof and its complexity.
  4. Installation Charges: Installation costs can vary based on factors like the size of the system, location, and labour charges.

Understanding Solar Subsidies in India:

The Indian government has implemented several subsidy schemes to promote solar energy adoption and make it more accessible for individuals and businesses. Some key solar subsidy schemes include:

  1. Ministry of New and Renewable Energy (MNRE) Subsidy: MNRE provides capital subsidies for solar installations, including residential rooftop systems.
  2. State-Level Subsidies: Various state governments offer additional subsidies and incentives to promote solar energy adoption. These subsidies may vary from state to state.
  3. Net Metering: Net metering allows solar panel owners to feed excess electricity generated back into the grid, earning credits that can offset their electricity bills.

Calculating the 2kw solar panel price with subsidy:

To estimate the cost of a 2kW solar panel system in India, you need to consider the following components:

  1. Solar Panels: The cost of solar panels depends on the brand, efficiency, and quality, which can range from INR 20,000 to INR 40,000 per kilowatt.
  2. Inverter: The price of inverters varies based on the type, brand, and capacity. A 2kW inverter can cost between INR 20,000 to INR 30,000.
  3. Mounting Structures and Accessories: These costs depend on the complexity of the installation, type of roof, and additional accessories required.
  4. Installation Charges: Labour charges for installation may range from INR 10,000 to INR 20,000.

Availing Subsidies for 2kW Solar Panel Systems:

To avail subsidies for a 2kW solar panel system in India, you need to follow these steps:

  1. Research Government Subsidy Schemes: Explore the MNRE and state government websites to understand the subsidy schemes available.
  2. Choose Approved Vendors: Select vendors and installers approved by the government to ensure eligibility for subsidies.
  3. Obtain Required Documentation: Prepare the necessary documents such as identity proof, address proof, and electricity bills to apply for subsidies.
  4. Submit Applications: Submit subsidy applications along with the required documents to the respective government agencies.
  5. Install and Claim Subsidy: After installation, complete the required processes to claim the subsidy as per the guidelines provided by the government.

Types of Solar Panel Grids and Specifications

2 KW On-Grid/Grid Tie Solar Panel Power Plant

Particulars Description
Solar Power Plant 2 KWp
Solar Panel in Watt 335 kWp
Solar Panel Qty 6 nos.
Solar Structure 2 KW
On-Grid Solar Inverter 2 KW
MC4 Connector 2 Pair
DC Junction Box 1 Nos
AC Junction Box 1 Nos
DC Cable 30 Mtr
AC Cable 20 Mtr
Space required 200 sq feet
Solar Accessories
Fasteners, Cable Tie, Crimping Tool, Earthing Kit, Lighting Arrestor
Average Generation
* 8 Units Per Day.
Warranty
5 years for Complete System.25 years for Solar Panels.
Delivery and Installation
Delivery within 3 days from the date of order/Sanction.Installation within 3 days from the date of delivery.
Solar Net-Metering
Yes, Solar Net-Metering is applicable to this system.
Govt. Subsidy
Yes, 40% Govt. Subsidy on benchmark cost.

 

2 KW Off-Grid/No-Grid Solar Panel Power Plant

Particulars Description
Solar Power Plant 2 KWp
Solar Panel in Watt 335 kWp
Solar Panel Qty 6 nos.
Solar Structure 2 KWp
Off Grid Solar Inverter 3.5 KVA
Solar Battery 4 Nos
Junction Box 1 Nos
DC Cable 30 Mtr
AC Cable 20 Mtr
Space required 200 sq feet
Solar Accessories
Fasteners, Cable Tie, Crimping Tool, Earthing Kit, Lighting Arrestor
Average Generation
* 8 Units Per Day.
Warranty
5 years for Complete System.25 years for Solar Panels.
Delivery and Installation
Delivery within 3 days from date of order. Installation within 3 days from the date of delivery.
Solar Net-Metering
No, Solar Net-Metering is not applicable on this system.
Govt. Subsidy
No Subsidy on Off Grid Solar System

 

Recommended load on 2 kw off-grid solar panel system

Recommended Load Load Back-up Time
* 8 LED Lights + 2 Fan + 0.5 ton inverter AC 1600 watt 4 Hours
* 8 LED Lights + 2 Fan + 1 Cooler+ Fridge 1200 watt 6 Hours
* 8 LEDs + 4 Fan + 1 TV 700 watt 12 Hours

 

2 KW Hybrid Solar Panel System Specification

Particulars Description
Solar Power Plant 2 KWp
Solar Panel in Watt 335 kWp
Solar Panel Qty 6 nos.
Solar Structure 2 KWp
Hybrid Solar Inverter 3 KVA
Solar Battery 4 Nos
Junction Box 1 Nos
DC Cable 30 Mtr
AC Cable 20 Mtr
Space required 200 sq feet
Solar Accessories
Fasteners, Cable Tie , Crimping Tool, Earthing Kit, Lighting Arresstor
Average Generation
* 8 Units Per Day.
Warranty
5 years for Complete System.25 years for Solar Panels.
Delivery and Installation
Delivery within 3 days from the date of order/Sanction. Installation within 3 days from the date of delivery.
Solar Net-Metering
Yes, Solar Net-Metering is applicable to this system.
Govt. Subsidy
Yes, 40% Govt. Subsidy on benchmark cost.

 

Recommended load on 2 kw hybrid solar panel system

Recommended Load Load Back-up Time
* 8 LED Lights + 2 Fan + 0.5 ton inverter AC 1600 watt 3 Hours
* 8 LED Lights + 2 Fan + 1 Cooler+ Fridge 1200 watt 5 Hours
* 8 LEDs + 3 Fan + 1 TV 700 watt 10 Hours

 

Conclusion:

Investing in a 2kW solar panel system in India can be a wise decision for residential properties and small businesses. Understanding the pricing, subsidies, and benefits of solar energy can help individuals make informed decisions while adopting solar power. By harnessing the power of the sun, we can contribute to a sustainable and greener future, reducing our dependence on fossil fuels and mitigating climate change.

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