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How Much Does It Cost To Install Solar Panels In India, 2023

How Much Does It Cost To Install Solar Panels In India

So, if you are looking for a cost to install solar panels in your home – get cost details in this blog. 

There is no doubt that solar energy will be the fastest-growing energy technology in 2023. 

According to the market facts and professionals, at the end of Q1 2023, solar power accounted for 13.22% of India’s total installed power capacity which is the highest compared to past years’ facts.

This includes a multitude of commodities for solar users such as commercial ventures, domestic consumers, and industrialists. 

And, primitively, most users are from domestic areas. 

Types of Solar Power System Connection for Domestic 

For homeowners, there are three kinds of solar system connections available to install. 

  1. Off-Grid Solar System
  2. On-Grid Solar System
  3. Hybrid Solar System

Look at the list of various components needed to install a solar panel in your home. Those are: 

No.1 – Solar Panel

Solar panels are the main component in this process. The solar cells present in the solar panel soak up the sun’s rays (until direct sunlight comes).

No.2 – Solar Inverter

The holding sun energy also known as Direct Current (DC) is converted into Alternate Current (AC) using Solar Inverter.

No.3 – Solar Battery

A solar battery is a power-storing component that stores electricity and runs loads as the grid powers off.

No.4 – Solar Charger Controller

Solar Charge Controller acts as a converter that converts a normal inverter into a solar inverter.

No.5 – Panel Rack Stand

The panel stands or Solar panel rack system supports the solar panel in a niche direction so that maximum efficiency can be achieved.

No.6 – ACDB

The job of ACDB is to protect solar inverters from the Ac current side. Generally, it is used with a grid-tie solar inverter.

No.7 – DCDB

The job of DCDB is to protect solar inverters from the DC current side. It’s used in both off-grid and on-grid systems.

No.8 – DC Wire

Support in the flow of Direct Current to its destination should be in PVC pipe.

No.9 – AC Wire

AC Wire is used for connecting inverters with grid power and home load.

No.10 – MC 4 Connectors

It is used to connect DC wire with solar panels.

No.11 – Earthing Kit

This toolkit is needed for installation in 6ft to 10ft. 1kW to 3kW: It is done with 2 earthing. Above 3kW: It is supported by 3 earthing.

Solar Panel Installation Cost in India, 2023

Solar panel installation costs differ from provider to provider. 

However, the mentioned table shows general charges for the residential solar power system. 

A) General Cost to Install Solar Panel 

The following charges are only the cost of solar work that is charged by the installers. 

System SizeCost per Watt (as per Rs.7/-)
1kW₹7000
2kW₹14000
3kW₹21000
4kW₹28000
5kW₹35000
6kW₹42000
7kW₹49000
8kW₹56000
9kW₹63000
10kW₹70000

The cost estimation does not include any additional charges or hidden charges. However, be sure to ask about the charges policy from the solar installation company

B) Cost of Solar Panel Installation in India

Cost To Install Solar Panels, Om Solar
System SizeOn-Grid(Rs.60/cpw)Off-Grid(Rs.80/cpw)Hybrid(Rs.90/cpw)
1kW₹60,000₹80,000₹90,000
2kW₹1,20,000₹1,60,000₹1,80,000
3kW₹1,80,000₹2,40,000₹2,70,000
4kW₹2,40,000₹3,20,000₹3,60,000
5kW₹3,00,000₹4,00,000₹4,50,000
6kW₹3,60,000₹4,80,000₹5,40,000
7kW₹4,20,000₹5,60,000₹6,30,000
8kW₹4,80,000₹6,40,000₹7,20,000
9kW₹5,40,000₹7,20,000₹8,10,000
10kW₹6,00,000₹8,00,000₹9,00,000

Advantages of Installing Solar Panels from Om Solar Solutions 

Om Solar Solutions is a leading solar energy solutions provider in Uttar Pradesh. They have installed 1000+ solar power systems for various commodities with 700+ domestic consumers, 200+ commercials, and 100+ SME ventures and industries. 

Read More:Top 10 Solar Panel Manufacturing Companies In India

They also provide services in major cities of Uttar Pradesh such as Lucknow, Prayagraj, Kanpur, and Allahabad.  Get a solar subsidy in Uttar Pradesh for your solar installation. Speak to our expert to negotiate the price for solar panel installation and subsidy information.

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