Greetings! At Sunshine Solar, we understand that setting up a solar panel system can burn a hole in your pocket, but in the long run, it’s a smart investment that not only helps you save money but also reduces your carbon footprint. In this comprehensive guide, we will provide you with all the nitty-gritty details about the solar panel installation cost in India that you need to know.
Wrap your head around the Solar Panel Installation Cost in India
The solar panel installation cost in India depends on various factors such as the size of the solar panel system, the type of solar panel, location, and type of installation. The cost of installation can range from INR 40,000 to INR 6,00,000, so it’s crucial to grasp what influences these expenses.
Factors that Influence the Cost of Solar Panel Installation
Size Matters! The size of the solar panel system required for your home or business is one of the main factors that determine the cost of installation. The larger the system, the more expensive it is, but it also generates more electricity, leading to significant savings in the long run.
Types of Solar Panels Choosing the right type of solar panel affect the installation cost. There are three types of solar panels available in the market: monocrystalline, polycrystalline, and thin-film solar panels. Each type has its advantages and disadvantages, so you’ll need to do some research before making a decision.
Location is Key The location of your property is another significant factor that affects the cost of solar panel installation. The amount of sunlight and the cost of permits and inspections in your area impact the installation cost.
Roof or Ground, That’s the Question Solar panel installation can be either roof-mounted or ground-mounted. While roof-mounted installation is popular, it can be more expensive due to the complexity of the installation process. Ground-mounted installation is generally cheaper, but it requires more space.
The Cost Breakdown of Solar Panel Installation in India
Let’s delve into the nitty-gritty details of the cost breakdown of installing a solar panel system in India:
Solar Panels Solar panels are the most significant expense when it comes to solar panel installation. The cost of solar panels can range from INR 20,000 to INR 50,000 per kW, depending on the type and quality of the solar panel.
Inverter An inverter is required to convert the DC power generated by solar panels into usable AC power. The cost of an inverter can range from INR 5,000 to INR 15,000, depending on the size and type of the inverter.
Mounting Structure The mounting structure is used to fix the solar panels to the roof or ground. The cost of a mounting structure can range from INR 10,000 to INR 20,000, depending on the type of structure required.
Batteries (Optional) Batteries can be used to store excess energy generated by solar panels. The cost of batteries can range from INR 5,000 to INR 25,000, depending on the size and type of battery.
Labor Costs The cost of labor for solar panel installation can vary depending on the complexity of the installation and the location. The labor cost can range from INR 10,000 to INR 30,000.
In conclusion, installing a solar panel system in India can save you a lot of money on your electricity bills and reduce your carbon footprint. The cost of solar panel installation depends on several factors, such as the size of the system, type of panel, location, and type