Solar power isn’t just better for the environment and our pockets. While the upfront cost may seem higher, the 25-year lifecycle of solar panels reduces the payback period to less than 5 years. Meaning, you can enjoy free electricity in less than 5 years of solar panel installation!
A 3kW solar panel system is sufficient to meet the 10-hour electricity needs of a 2-3 BHK house. But what is the 3kw solar panel price in India? How much do you need to pay first to enjoy free electricity later? You’ll get all your answers in this blog!
The government of India is offering subsidies to promote the adoption of solar power in India. It is because India has significant sunlight exposure and affordable solar panel production capabilities. By the end of this blog, you’ll know the 3kw solar panel price with subsidy for different types of solar panel connections and where to find the best solar panels in India!
3kw solar panel price in India based on its types
The 3kW solar system includes almost 6 solar panels and can produce 12-15 units of electricity per day. You’ll need approximately 300 sq ft of space to set up a 3kW solar power system.
There are three types of solar panel connection systems to meet the needs of different areas and customers. Whether you are a small business or a residential project, you must know the 3kw solar power system price in India and the subsidy as mentioned below.
3kw solar panel price in India with subsidy:
- On grid: 1,65,000 INR
- Off grid: 2,40,000 INR
- Hybrid: 2,70,000 INR
Note: These prices can change based on demand, raw material availability, solar cell technology, etc. For exact pricing and subsidy benefits, contact solar panel manufacturers like Sunora Solar!
Nowadays, nobody installs poly panels; everyone demands mono Bi-Facial and TOP Con solar panels. For a 3kW solar system, only 6 solar panels are required. Let’s understand the prices of each of these solar panel systems.
3kw on grid solar system price
On grid solar system is when you don’t store the excessive energy produced by your system and transfer it to the local utility unit. This solar power system includes the solar panels, inverter, mounting framework and a system to track the net metering.
Through net metering, you can connect your solar system to the government grid. Thus, when you have excessive electricity, you can transfer it to the grid and get extra points. You can also take electricity from the grid when your solar panel can’t create sufficient electricity. It is ideal for areas where electricity cuts are frequent and sunlight exposure is uneven.
Under the PM Surya Ghar Mufti Bill Yojana, you can get 40% or 78,000 INR subsidy on a 3kW solar system for home price in India. Therefore, the 3kw on-grid solar system price can be around 1,65,000 INR with subsidy.
3kw off grid solar system price
Off grid solar system is for areas where grid connection is inconsistent and power cuts are frequent. The off grid has solar batteries that store the excess and unused solar energy for when the solar panel cannot produce solar energy. This system includes classic solar panel tools like panels, inverters, and solar batteries.
There are no subsidies available for off grid connection. Therefore, the 3kw off grid solar system price is around 2,40,000 INR. You can choose different solar panel technologies, like TOPCon or Mono bi-facial solar panels, to get the best efficiency for better ROI and the shortest payback period.
3kw hybrid solar system price
If you can’t decide between the former two options, or want to get the best of these two, a Hybrid solar system might work for you. The hybrid system has a solar battery and net metering to connect with the local grid. It provides you with a safety net of storing some electricity while earning the benefits of sharing the excess electricity with the government grid.
While the upfront cost of the hybrid solar panels is high, the post-installation benefits after the payback period make it worth it. You can get a 40% subsidy under the PM Surya Ghar Mufti Bill Yojana, reducing the solar panel cost to 2,70,000 INR.
Why choose Sunora Solar for a 3kW solar panel system in India?
Sunora Solar is a trusted solar panel manufacturer in Surat. Our customers choose us for our quality and transparent pricing. We have invested in an advanced production facility to create the best quality solar panel. Our thorough installation and maintenance service ensures that your solar panel system is always in the best shape to give you the best ROI! Get the 3kw solar system price in india from our team now by scheduling a call or visiting our office.
Conclusion
A 3kW solar panel system is sufficient for a 2BHK house. Therefore, it is a widely used solar panel plan in residential projects. The government also provides 40% subsidies to reduce the 3kw solar panel price in India. However, it is essential to note that you can avail a subsidy on an on grid and hybrid solar panel system only. Therefore, on grid solar panel price can be near 1,65,000 INR and for a hybrid it could be near 2,70,000 INR. Off grid solar panel helps you store your excess electricity in batteries, and a 3kW solar panel system can cost anywhere near 2,40,000 INR. For an accurate price, contact Sunora Solar.
FAQ
How much money can I save with 3kW solar systems in India?
The 3kW solar system generates 12 units of electricity per day. Therefore, in a month, it can generate around 300 to 360 units of usable electricity. It can save you 3.5k-4k worth of monthly electricity bills.
How much subsidy is available on 3kW solar panels in India?
The government of India offers a subsidy of 40% on 3kW solar panels. Therefore, under the PM Surya Ghar Mufti Bill Yojana, on grid solar panel projects can get a 78,000 INR reduction in their cost. It is also applicable to hybrid solar projects.
What is the 3kw solar panel price with subsidy?
The price of a 3kW solar panel depends on its system. The 3kw on grid solar system price is 1,65,000 INR (with subsidy), for off-grid it’s 2,40,000 INR, and for hybrid it’s 2,70,000 (with subsidy). Note that these prices may change depending on the type of solar panel technology. Contact Sunora Solar for accurate prices.
How much space do you need for a 3kW solar panel?
Ideally, the 3kW solar panel system includes 6 solar panels. Therefore, it takes up to 300 sq feet to mount the framework and set up the system. Contact us now for space assessment!
