Know details here! How much will it cost to install 7KW on-grid solar system?

Consumers can avail many benefits after installing a solar system. The right solar panel installation meets consumer needs and offers various advantages. There are mainly three types of solar panels: on-grid, off-grid, and hybrid. Before installation, it’s crucial to assess your electricity consumption to select the appropriate solar system.

Know About 7 Kilowatt On-Grid Solar System

If your household electricity consumption is between 30 to 35 units, a 7 kW on-grid solar system could be ideal. This system is particularly suited for areas with infrequent power cuts. One of its notable features is sharing the electricity generated with the grid, allowing you to draw power from it when necessary.

Cost of a 7 Kilowatt On-Grid Solar System

Estimating the cost for a 7 kW on-grid solar system is essential. The solar panel price starts around Rs 2 lakh for polycrystalline panels. Additionally, a solar inverter costs about Rs 70,000, along with net metering and other expenses totaling around Rs 50,000. Consequently, the overall installation cost is approximately Rs 3.20 lakh.

Subsidy on On-Grid Solar System

Consider the Central Government’s PM Surya Yojana for your solar installation, offering a subsidy of Rs 78,000 on a 7 kW system. This effectively reduces the installation cost to around Rs 2.50 lakh. Utilizing solar panels not only cuts electricity costs but also contributes positively to the environment by reducing fossil fuel dependency and lowering your carbon footprint.