Installing solar panels has become a popular eco-friendly choice, especially with the subsidies offered under the Pradhan Mantri Surya Ghar Yojana. This initiative makes solar panel installation for homes and businesses more affordable. Additionally, several state governments provide extra subsidies, further lowering costs.
Price of 1 Kilowatt Solar Panel in Uttar Pradesh (2024)
For households with limited electrical appliances, such as fans and bulbs, a 1 KW solar panel can effectively reduce electricity bills, particularly if usage is around 100 units monthly. The approximate cost of a 1 kilowatt solar panel in Uttar Pradesh is Rs 60,000. With the benefits of the Pradhan Mantri Surya Ghar Yojana, this cost can be reduced significantly.
Benefits of 1 Kilowatt Solar Installation
When considering solar panel installation in Uttar Pradesh, you can take advantage of substantial subsidies. The Central Government offers Rs 30,000, while the Uttar Pradesh government provides up to Rs 15,000. This means that the total subsidy can be as high as Rs 45,000, making the effective cost for a 1 kW solar panel much lower, thus making it a financially viable and environmentally friendly option.
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Summary at glance
Installing solar panels is a wise and environmentally friendly choice, especially with subsidies from the Pradhan Mantri Surya Ghar Yojana making it more appealing. In Uttar Pradesh, a 1 kW solar panel costs approximately Rs 60,000, but with combined government subsidies of up to Rs 45,000, the expense is significantly reduced. This investment not only lowers electricity bills but also contributes positively to the environment.
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