2kW Solar Panel Price in India with Subsidy: A Comprehensive Guide

2kW Solar Panel Price in India with Subsidy

Solar energy is becoming increasingly popular in India as a sustainable and cost-effective solution to meet energy needs. Among the various options available, a 2kW solar panel system is one of the most sought-after choices for residential users. This article will provide detailed information about the 2kW solar panel price in India with subsidy, its advantages, key takeaways, and a comparison table to help you make an informed decision.

Key Takeaways

  • A 2kW solar panel system is ideal for small to medium-sized homes.
  • The 2kW solar panel price in India with subsidy ranges between ₹1,00,000 to ₹1,50,000, depending on the brand, quality, and installation costs.
  • Government subsidies can reduce the cost by up to 40% under the PM Surya Ghar Muft Bijli Yojana.
  • A 2kW system can generate approximately 8-10 units of electricity per day, reducing your electricity bills significantly.
  • Solar panels have a lifespan of 25 years, making them a long-term investment.

What is a 2kW Solar Panel System?

A 2kW solar panel system consists of solar panels, an inverter, mounting structures, and other accessories. It is designed to generate 2 kilowatts of electricity under optimal conditions. This system is perfect for households with an average monthly electricity consumption of 200-300 units.

2kW Solar Panel Price in India with Subsidy

The 2kW solar panel price in India with subsidy is a crucial factor for many homeowners. Here’s a breakdown of the costs:

1. Cost Without Subsidy

The average price of a 2kW solar panel system in India ranges from ₹1,50,000 to ₹2,00,000, depending on the brand, type of solar panels (monocrystalline or polycrystalline), and installation charges.

2. Cost With Subsidy

The Indian government offers subsidies for residential solar installations under the PM Surya Ghar Muft Bijli Yojana. For a 2kW system, the subsidy is approximately 40% of the total cost. This reduces the 2kW solar panel price in India with subsidy to around ₹1,00,000 to ₹1,50,000.

Advantages of Installing a 2kW Solar Panel System

  1. Reduced Electricity Bills
    A 2kW solar panel system can generate 8-10 units of electricity per day, significantly reducing your monthly electricity bills.
  2. Environmentally Friendly
    Solar energy is clean and renewable, reducing your carbon footprint.
  3. Government Subsidies
    The subsidy makes the 2kW solar panel price in India with subsidy affordable for most households.
  4. Low Maintenance
    Solar panels require minimal maintenance, with occasional cleaning and annual inspections.
  5. Long Lifespan
    Solar panels have a lifespan of 25 years, ensuring long-term savings.

Comparison Table: 2kW Solar Panel Price in India with Subsidy

ParameterDetails
System Capacity2kW
Average Price (Without Subsidy)₹1,50,000 – ₹2,00,000
Subsidy (40%)₹60,000 – ₹80,000
Price After Subsidy₹1,00,000 – ₹1,50,000
Daily Electricity Generation8-10 units
Payback Period4-6 years
Lifespan25 years

Factors Affecting the 2kW Solar Panel Price in India with Subsidy

  1. Type of Solar Panels
    Monocrystalline panels are more efficient but costlier than polycrystalline panels.
  2. Inverter Quality
    The type and brand of the inverter can impact the overall cost.
  3. Installation Charges
    Installation costs vary depending on the complexity of the setup and the location.
  4. Government Subsidy
    The subsidy amount depends on the state and the scheme you apply for.

How to Apply for a Subsidy on a 2kW Solar Panel System

  1. Visit the Official Portal
    Go to the PM Surya Ghar Muft Bijli Yojana website or your state’s solar subsidy portal.
  2. Register Your Details
    Provide your personal and property details.
  3. Submit Required Documents
    Upload documents such as your Aadhaar card, electricity bill, and property papers.
  4. Choose an Approved Vendor
    Select a government-approved vendor for installation.
  5. Inspection and Approval
    After installation, an inspection will be conducted, and the subsidy will be credited to your account.

FAQs

1. What is the 2kW solar panel price in India with subsidy?

The 2kW solar panel price in India with subsidy ranges from ₹1,00,000 to ₹1,50,000, depending on the brand and installation costs.

2. How much subsidy is available for a 2kW solar panel system?

The government provides a 40% subsidy for a 2kW solar panel system under the PM Surya Ghar Muft Bijli Yojana.

3. How much electricity does a 2kW solar panel system generate?

A 2kW system can generate 8-10 units of electricity per day, depending on sunlight availability.

4. What is the lifespan of a 2kW solar panel system?

Solar panels have a lifespan of 25 years, with minimal maintenance required.

5. How can I apply for a solar subsidy?

You can apply for a subsidy through the PM Surya Ghar Muft Bijli Yojana portal or your state’s solar subsidy website.

Conclusion

Investing in a 2kW solar panel system is a smart decision for homeowners looking to reduce electricity bills and contribute to a greener environment. With the 2kW solar panel price in India with subsidy being highly affordable, there has never been a better time to switch to solar energy. You can enjoy long-term savings and energy independence by taking advantage of government subsidies and choosing the right system.

If you’re considering installing a 2kW solar panel system, now is the time to act. Explore your options, apply for subsidies, and take the first step towards a sustainable future.

By Admin

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *