2kw solar panel price in India with subsidy
2kw Solar Panel Price in India with Subsidy: Everything You Need to Know
The increasing demand for electricity and the environmental concerns have led to the rise of solar energy usage in India. Solar panels are a great way to generate electricity while reducing the carbon footprint. If you are planning to switch to solar energy, you may want to consider installing a 2kw solar panel system. In this article, we will discuss everything you need to know about the 2kw solar panel price in India with subsidy.
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Introduction:
Solar energy is an excellent renewable energy source that can power your home or business while also helping to reduce your carbon footprint. The Indian government has also taken several initiatives to promote the use of solar energy. One such initiative is the subsidy provided by the government for the installation of solar panels.
If you are considering installing a 2kw solar panel system, you may be wondering about the 2kw solar panel price in India with subsidy. In this article, we will discuss the 2kw solar panel price in India with subsidy and everything you need to know about it.
What is a 2kw solar panel system?
A 2kw solar panel system is a solar energy system that is designed to produce 2 kilowatts of electricity per hour. The system comprises solar panels, an inverter, and batteries. A 2kw solar panel system can produce enough electricity to power a small home or office. The amount of electricity produced by a 2kw solar panel system will depend on several factors, including the location of the system, the angle and orientation of the panels, and the weather conditions.
What is a solar panel subsidy?
The Indian government provides a subsidy for the installation of solar panels to promote the use of solar energy. The subsidy is a financial incentive provided by the government to encourage the installation of solar panels. The subsidy amount varies depending on the state and the size of the solar panel system. The subsidy amount for a 2kw solar panel system can range from 20% to 40% of the total cost of the system.
What is the 2kw solar panel price in India with subsidy?
The 2kw solar panel price in India with subsidy will depend on several factors, including the type of solar panel, the quality of the inverter and batteries, and the installation charges. The cost of a 2kw solar panel system can range from ₹1,00,000 to ₹2,00,000, depending on the quality of the components used.
The subsidy amount provided by the government can range from ₹20,000 to ₹80,000, depending on the state and the size of the solar panel system. Therefore, the effective cost of a 2kw solar panel system after the subsidy can range from ₹60,000 to ₹1,20,000.
Factors that affect the cost of a 2kw solar panel system:
Type of solar panel: The type of solar panel used in the system will affect the cost of the system. Monocrystalline solar panels are more expensive than polycrystalline solar panels.
Quality of the inverter: The quality of the inverter used in the system will also affect the cost of the system. A good quality inverter will be more expensive than a lower quality inverter.
Quality of the batteries: The quality of the batteries used in the system will also affect the cost of the system. A good quality battery will be more expensive than a lower quality battery.