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3 Top Factors To Consider Before Installing 1Kw Solar Panel In India

The decision to install solar panels at home is not an easy one. Thereโ€™s an upfront investment involved. Which is why you should focus on installing the right size of the solar system. Anything that produces more power or less power than actual consumption isnโ€™t the right investment.

In this guide, we will be walking you through the ins and outs of a 1 KW solar system including the solar panel 1kw price in India, factors that you should consider while installing a system of this capacity, and also the state-wise subsidy that you can get on the solar panel 1kw price in India.ย 

Dive in for details!

3 Things to keep in mind while choosing a 1KW solar systemย 

#1. Consider your power consumptionย 

This is the very first thing that should be considered when planning to install a 1KW solar system. Under ideal conditions (a bright, sunny day), a 1KW solar system can produce 4 units of electricity. Which amounts to 1440 units/year, and 120 units/month.ย 

Hence, if youโ€™re somebody whose power consumption is between 100-120 units/month, then a 1KW solar system is a suitable option for you.ย 

The solar panel 1kw price in India ranges between Rs. 45,000 to Rs. 70,000. This cost range includes the entire installation cost. The reasons why thereโ€™s so much difference between the price are as follows:

  • The type of panel you choose matters: Poly panels are cheaper because theyโ€™re less efficient. Mono panels are slightly expensive because their efficiency is higher.ย 
  • The brand you buy from: A premium brand offers the best quality products made from the cutting-edge latest technology. Hence, their systems last for over 25 years.ย 
  • The value-added services you buy: If you buy extra services, that is also one reason behind the cost variationย 

Considering all these factors, the solar panel 1kw price in India ranges between 45k to 70k. However, the subsidy is not calculated against these prices. Itโ€™s calculated against the L1 rates (to be discussed a little later).ย 

#2. Consider your budget

Weโ€™ve already mentioned the solar panel 1kw price in India. The investment might seem a little higher but the amount of money you will save with a drastic reduction in electricity bills is something to ponder.ย 

Let us walk you through a basic calculation of how much money you can save and why solar panel 1kw price in India is absolutely worth it.ย 

Suppose, the electricity tariff in your state is Rs. 9/unit and you consume 130 units of electricity/month. Your monthly electricity bill on average will be Rs. 1170.ย 

Now, if you have a solar system that produces 120 units, you will have to pay just for the extra 10 units. Which means your bill after installing and paying solar panel 1kw price in India will be Rs. 90.ย 

Imagine the savings youโ€™re making every month. The 1kW price in India that you paid for installation will be recovered within 2-3 years (considering, the subsidy will reduce the cost further).ย 

And since tier-1 solar panels last for 25 years and even after 25 years, they produce power at 70% efficiency, you will enjoy free solar electricity for decades to come.ย 

No FD or RD can give you such high returns on investment.ย 

#3. The type of panel you choose

Solar panels in a solar system convert sunlight into electricity. Hence, the more efficient they are, the more your savings will be. Although Mono-perc solar panels are slightly more expensive than polycrystalline panels, their efficiency is higher as well. In fact, their performance will be better during the rainy season too.ย 

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In fact, now the government has started offering a subsidy on mono panels too because theyโ€™re also being manufactured within the country. Hence, if you can marginally increase your budget, installing mono panels from premium brands is the best option.ย 

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These are the 3 most important things to keep in mind when choosing a 1 KW solar system for your home. That said, now letโ€™s walk you through the state-wise subsidy that you can expect from the government.ย 

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State-wise subsidy on 1 KW solar panelsย 

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A subsidy is offered against L1 prices, also known as the discovered rates. We have tabulated all the details below.ย 

State Solar panel 1kw price in India without subsidyย  L1 priceย  Subsidy against L1 price Solar panel 1kw price in India with subsidy
Gujaratย  โ‚น45,000 to โ‚น70,000 โ‚น40,991/KW โ‚น16,396 โ‚น28,604 to โ‚น53,604
MP (Bhopal) โ‚น45,000 to โ‚น70,000 โ‚น39,100/KW โ‚น15,640 โ‚น29,360 to โ‚น54,360
Chhattisgarhย  โ‚น45,000 to โ‚น70,000 โ‚น42,000/KW โ‚น16,800 โ‚น28,200 to โ‚น53,200
Haryana โ‚น45,000 to โ‚น70,000 โ‚น39,450/KW โ‚น15,780 โ‚น29,220 to โ‚น54,220
Delhiย  โ‚น45,000 to โ‚น70,000 โ‚น39,000/KW โ‚น15,600 โ‚น29,400 to โ‚น54,400
Rajasthan โ‚น45,000 to โ‚น70,000 โ‚น40,991/KW โ‚น16,396 โ‚น28,604 to โ‚น53,604
UP โ‚น45,000 to โ‚น70,000 โ‚น37,000/KW โ‚น 14,800 โ‚น30,200 to โ‚น55,200
Maharashtra โ‚น45,000 to โ‚น70,000 โ‚น41,400/KW โ‚น16,560 โ‚น28,440 to โ‚น53,440

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Conclusion:

Now that you know everything about the 1kw solar panel price in India and the factors you should consider when planning to install this capacityโ€™s solar system, we hope you will make a decision to switch to solar soon. The governmentโ€™s subsidy will not last forever.

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Aslam-o-Alaikum ๐˜๐˜ฐ๐˜ฑ๐˜ฆ ๐˜บ๐˜ฐ๐˜ถ ๐˜ข๐˜ณ๐˜ฆ ๐˜ฆ๐˜ฏ๐˜ซ๐˜ฐ๐˜บ๐˜ช๐˜ฏ๐˜จ ๐˜Ž๐˜ฐ๐˜ฅ'๐˜ด ๐˜ฃ๐˜ญ๐˜ฆ๐˜ด๐˜ด๐˜ช๐˜ฏ๐˜จ๐˜ด! ๐˜'๐˜ฎ ๐˜ข ๐˜š๐˜Œ๐˜– ๐˜ธ๐˜ฐ๐˜ณ๐˜ฌ๐˜ฆ๐˜ณ ๐˜ข๐˜ฏ๐˜ฅ Guest Post provider. ๐˜'๐˜ฎ ๐˜ช๐˜ฏ ๐˜ค๐˜ฐ๐˜ฏ๐˜ต๐˜ข๐˜ค๐˜ต ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ต๐˜ฉ๐˜ฐ๐˜ถ๐˜ด๐˜ข๐˜ฏ๐˜ฅ๐˜ด ๐˜ฐ๐˜ง ๐˜ด๐˜ช๐˜ต๐˜ฆ๐˜ด' ๐˜ข๐˜ถ๐˜ต๐˜ฉ๐˜ฐ๐˜ณ๐˜ด & ๐˜ข๐˜ฅ๐˜ฎ๐˜ช๐˜ฏ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ข๐˜ญ๐˜ด๐˜ฐ ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ญ๐˜ญ๐˜ฆ๐˜ณ๐˜ด. I'm ๐˜ญ๐˜ฐ๐˜ฐ๐˜ฌ๐˜ช๐˜ฏ๐˜จ ๐˜ง๐˜ฐ๐˜ณ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฑ๐˜ข๐˜ฏ๐˜ช๐˜ฆ๐˜ด & ๐˜ค๐˜ญ๐˜ช๐˜ฆ๐˜ฏ๐˜ต๐˜ด ๐˜ธ๐˜ฉ๐˜ฐ๐˜ฎ ๐˜ ๐˜ธ๐˜ข๐˜ฏ๐˜ต ๐˜ต๐˜ฐ ๐˜ธ๐˜ฐ๐˜ณ๐˜ฌ ๐˜ธ๐˜ช๐˜ต๐˜ฉ! ๐˜ ๐˜ค๐˜ข๐˜ฏ ๐˜ฑ๐˜ณ๐˜ฐ๐˜ท๐˜ช๐˜ฅ๐˜ฆ ๐˜บ๐˜ฐ๐˜ถ ๐˜ฎ๐˜บ ๐˜ฃ๐˜ฆ๐˜ด๐˜ต ๐˜ด๐˜ฆ๐˜ณ๐˜ท๐˜ช๐˜ค๐˜ฆ. ๐˜–๐˜ณ๐˜ฅ๐˜ฆ๐˜ณ ๐˜ฎ๐˜ฆ ๐˜ธ๐˜ฉ๐˜ข๐˜ต ๐˜ค๐˜ข๐˜ฏ ๐˜ ๐˜ฅ๐˜ฐ ๐˜ง๐˜ฐ๐˜ณ ๐˜บ๐˜ฐ๐˜ถ? Your Brother: Farman Ali from Pakistan

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