Now 4kW solar system will be installed at such a low price with government subsidy, know complete details

Install 4kW Solar System at Affordable Price with Government Subsidy

As electricity costs continue to rise, many citizens are turning to solar energy as a viable alternative. Previously, the high installation costs deterred many from adopting solar power. However, with the Government of India’s new subsidy programs, installing solar panels at home has become more accessible.

This article explores the 4kW solar panel system, its installation costs, and available subsidies. Utilizing government subsidies, homeowners can now install solar panels at a significantly reduced price.

Affordable 4kW Solar Panel Installation

To determine the suitability of a 4kW solar panel system for your home, assess your electrical load. If your monthly consumption is around 600 units, this system can generate approximately 20 units daily, making it an ideal choice. Both central and state governments offer subsidies to ease installation costs.

Price of the 4kW Solar Panel System

Under the PM Suryaghar Yojana, subsidies are available for on-grid solar systems ranging from 1kW to 10kW. A 4kW system typically costs ₹2.75 lakh, but with a subsidy of up to ₹78,000, the cost drops to around ₹1.8 lakh.

Annual Savings with a 4kW Solar System

Installing a 4kW solar panel system can generate about 600 units monthly. Assuming an electricity rate of ₹8 per unit, this could save you up to ₹4,800 per month, resulting in an annual savings of ₹57,600. With additional state subsidies, the installation cost can decrease further, providing free electricity for over 25 years, with a return on investment in just 2-3 years.