As electricity demand surges in India, the adoption of solar systems is on the rise. Homeowners can now consider installing solar panels, with costs comparable to the EMI of an iPhone. This makes solar energy an attractive option for many families.
Cost of 3 to 5 Kilowatt On-Grid Solar Systems
For those contemplating a 3 to 5 kilowatt on-grid solar system, understanding the costs is crucial. Typically, the price per kilowatt is around ₹60,000. Therefore, a 3 kW system would cost approximately ₹1.8 lakh, while a 5 kW system would be around ₹3 lakh. For larger energy needs, a 10 kW solar system would require an investment of about ₹6 lakh.
Subsidies for Rooftop Solar Systems
The Indian government offers various subsidies and loan options to encourage the installation of rooftop solar systems. Homeowners can benefit significantly from these incentives. For instance, a subsidy of approximately ₹73,764 is available for a 3 kW system, ₹88,352 for a 5 kW system, and ₹1,24,822 for a 10 kW solar system. These subsidies can considerably reduce the overall cost, making solar energy more accessible.
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Summary at glance
The demand for electricity in India has led to a surge in the popularity of solar systems, with families opting for 3kW to 5kW installations. The cost of these systems can be comparable to the EMI of an iPhone, with a 3kW system costing around Rs 1.8 lakh and a 5kW system approximately Rs 3 lakh. Government subsidies can significantly reduce these costs, offering up to Rs 1,24,822 for a 10kW system, making solar energy more accessible.
Superfast News Coverage by DelhiBreakings.com team.
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