A 1KW solar Panel system is the best choice for poor families and small businesses with a regular daily load consumption of 800 watts. The Indian government is also offering subsidies for the 1kW solar system, but this subsidy is only for grid or hybrid systems. Here is a comprehensive guide to 1kw solar Panel price in India and government subsidies.
1kW Solar Panel Price with model types
Types of 1kW Solar system models
There are three types of 1kW solar system models available:
1kw solar Panel price in India 2024
The cost of 1kW solar systems varies depending on the model installed and subsidies provided by the state government. The 1kW available solar model typically costs between 60000 and 120000 Indian rupees. Here is the list of prices for a 1kW system with a system model.
Serial No. | Model Type | Solar system price (IND RUPEES) |
---|---|---|
1 | 1kw off-grid solar system | 80000 |
2 | 1kw on grid solar system | 72000 ( Price mentioned on Govt. Portal is 50000) |
3 | 1kw Hybrid solar system | 120000 – 150000 |
1KW solar Panel Price in India with subsidy 2024
To help needy families, the Indian Govt. is providing subsidies on 1kW solar panel systems. This subsidy is applicable to hybrid and on-grid solar system models, not off-grid solar system models. How much subsidy is provided for the 1kW solar system according to the model given below?
Model Type | 1Kw Solar Panel price before subsidy (IND RUPEES) | Subsidy | 1Kw Solar Panel Price after subsidy |
---|---|---|---|
1kw off-grid system | 80000 | Not applicable | ____ |
1kw on grid system | 72000 (Govt. Portal price is 50000) | 30000 | 42000 (According to the Govt. 20000) |
1kw Hybrid solar system | 120000 – 150000 | 18000-30000 | Ranges from 102000-120000 |
Also Know About: 2kW solar panel prices in India with subsidy. Click Here
1kw solar system specifications and facts
Key specifications of the 1kw system are given below:
Components required | Solar plates, Solar batteries (optional), Inverter, Mounting structure, Net Meter (only for On-grid and Hybrid system), Alternating Current distribution box or ACDB, Direct current distribution box or DCDB, Connectors and charge controller, Monitoring system |
Number of Solar panels Required | 2 solar plates of 550 watt OR 4 solar plates of 250-350 watt. |
Area required | 100 Sq. ft Shade free area |
Average daily Electricity production | 4-6 units |
Load capacity | 800 watt |
Powered Appliances | 1 freezer 4-6 lights/bulbs 2-3 ceiling fans TV |
Warranty | Solar Panels 25 years warranty Your Product warranty 10 years |
1kW Solar System Installation Cost in India
For the installation of a 1kW system, an area of almost 100 sq. ft. is required. Although the 1kW system is a very small model, it is better to hire a professional or service-provider to install solar panels seamlessly. The complexity of the mounting structure and the installed solar system model determine the installation costs. Installation prices for hybrid and on-grid solar systems are usually higher than those for off-grid systems.
Benefits of 1kW solar system
Easy to Install
A 1kW solar system is easy to install and can be installed within 1–2 days.
i. Reduced Electricity Bills
Installing solar systems is an investment for the next 25–30 years. Upfront cost of the solar installation is heavy, but it promises to return to you within 6–8 years. By installing a 1kW solar system, you can save up to 120–180 units per month, depending on weather conditions and location.
ii. Low Maintenance Cost
Solar panels installed on the roof have no moving parts, so there is no need to hire a professional for 1kW solar system maintenance; only simple cleaning is enough to work at its own optimum level.
iii. Environmental Benefits
Solar energy is a green energy source that emits no carbon into the environment. It’s an eco-friendly and non-polluted source of energy.
iv. Economic benefits
Relying on the local power grid system for electricity is expensive for poor families, and they cannot afford electricity bills. By switching to solar energy, they may save up to 40–60 percent on their electricity bills.
Who Should Purchase 1kW Solar Panels?
Despite the India’s Government offering subsidies on solar panels up to 10kW, an average family or individual cannot afford a 10 kW system. So a 1kW solar system with subsidies is the best option for a poor or average family to purchase.
Is 1kW solar system a better choice than 2 or 3kW system?
A 2 or 3kw solar system is better than a 1kw system if your load is higher than 800 watts regularly. However, for average families with a consumption of only 800 watts, a 1kW system is the best option.
How many solar panels are required for 1kW?
It depends on the panel’s wattage capacity. If you purchase a 550-watt panel, you will need 2–3 panels, and for a 250-watt panel, you will need 4 panels.
Is a loan facility available for the solar system?
A loan facility is available for 3 kw to 25 kw solar systems. You have to pay a 20% down payment to avail of the loan scheme.
Final Verdict
The Indian government is subsidizing solar panels so that they can switch to a green energy source and help poor families reduce their bills. A 1Kw solar system with a subsidy is a great opportunity for a poor family to transition to green energy.