1 Kilowatt Solar Panel System Price in India with Subsidy

1 Kilowatt Solar Panel Price in India after Subsidy

1 Kilowatt Solar Panel System Price in India with Subsidy

You must check the components of a solar system to determine its price. If you buy DCR-certified and ALMM-listed panels for a 1 kW solar system, you can get a subsidy of Rs. 30,000 under the PM Surya Ghar: Muft Bijli Yojana. The 1 kilowatt solar panel price varies across manufacturers. Mono-PERC half-cut panels are currently the most-purchased panels in the market.

1 kW Solar Panel Price in India

The cost of solar panels depends on 2 main factors:

  1. The Technology of The Panels
  2. DCR / non-DCR Certification

Here’s how these factors affect a solar panel’s cost:

1. Solar Panel Technology

Solar panels are continuously evolving with upgraded technologies. Each upgrade comes with new features and higher efficiency. The cost of a solar panel varies according to its technology. Different types of technologies along with their prices are as follows:

2. DCR vs Non-DCR Solar Panels

1 kilowatt solar panel cost depends on where the cells and panels were made and sourced from. This is because solar cells imported from abroad are cheaper than the ones made in India. A solar panel gets a DCR certification if all its components are made and produced in India. DCR stands for ‘Domestic Content Requirement’. 

You may think it is best to buy the cheapest solar panels, that is, solar panels with cells made abroad. But then you will miss out on government subsidies.

The PM Surya Ghar subsidy is only available for DCR-certified panels. Depending on whether a panel is DCR or non-DCR, here’s how much they cost:

Solar Panel Types 

Average Price/Wp (Non-DCR)

Average Price/Wp (DCR)

Polycrystalline (335 W)

Price: Rs. 9000 to Rs. 11000

Per Wp Price: Rs. 27 to Rs. 33

Price: Rs. 10000 to Rs. 12000

Per Wp Price: Rs. 30 to Rs. 36

Mono-PERC (550 W)

Price: Rs. 10000 to Rs. 12000

Per Wp Price: Rs. 18 to Rs. 22

Price: Rs. 12000 to Rs.14000

Per Wp Price: Rs. 22 to Rs. 25

Mono-PERC Half Cut (550 W)

Price: Rs. 15000 to Rs. 17000

Per Wp Price: Rs. 27 to Rs. 31

Price: Rs. 17000 to Rs. 19000

Per Wp Price: Rs. 31 to Rs. 34

Mono-PERC Half Cut Bifacial (550 W)

Price: Rs. 17000 to Rs. 19000

Per Wp Price: Rs. 31to Rs. 34

Price: Rs. 18000 to Rs. 20000

Per Wp Price: Rs. 33 to Rs. 36

TOPCon Bifacial (N Type) (570 W)

Price: Rs. 17000 to Rs. 19000

Per Wp Price: Rs. 30 to Rs. 33

Price: Rs. 20000 to Rs. 25000

Per Wp Price: Rs. 35 to Rs. 44

 

Comparing the quotations for installation is necessary before installing a solar system. Das Energie Private Limited is India’s 1st platform to offer a quotation comparison service for installing a solar system. Use our service for free to get access to the best vendors!

Solar Components Required with 1 kW Solar Panel

Here’s a list of major components of a 1 kW solar system:

1. Solar Panels

The solar panels receive the sun’s radiation and convert it into solar electricity. The efficiency of a rooftop solar system depends on the panel’s technology. Here’s how efficiency varies with the technology:

Type of Solar Panel

Efficiency

Polycrystalline 

13-17%

Mono PERC

20-21%

TOPCon

22-23%

2. Inverter 

The electricity generated by a solar panel is Direct Current (DC). A solar inverter converts this DC power into Alternating Current (AC). Once the inverter converts DC into AC, the solar system sends this power to the grid. The grid then uses the AC to meet the electricity demand of households connected with it.

3. Mounting Structure

A mounting structure has to be strong enough to hold your solar panels for 25-30 years. A mounting structure made of galvanised zinc is better due to its strong resistance to corrosion.

4. Net Meter

An on-grid home solar panel system stays connected to a DISCOM’s grid to export solar electricity to the grid. To measure the electricity exported and consumed from the grid, you have to install a net meter. A net meter is a bidirectional meter that measures the net consumption or export of electricity.

5. ACDB Box

ACDB protects your appliances and inverter. The ACDB box is located between your inverter and the appliances. An ACDB box saves appliances from voltage fluctuations by using a Surge Protection Device (SPD) and MCCB (Molded Case Circuit Breaker).

6. DCDB Box

The DCDB box is located between the solar panels and the inverter. It saves the inverter in case of voltage fluctuations and short circuits. It uses SPD and fuses to protect the panels and the inverter. 

7. AJB Box

The Array Junction Box (AJB) gathers electricity generated by the solar system from multiple wires and sends it to the inverter. It uses blocking diodes to save the panels from reverse current flow.

8. Lightning Arrester

A lightning arrester protects the panels from the impact of lightning. If lightning strikes the arrester, the lightning arrestor sends the power to the earth through an earthing rod, buried within the ground.

9. Other Components

You will need some other components such as conduit pipes, MC4 connectors, and wires while installing a solar system. MC4 connectors are used for connecting solar panels and wires are needed for electrical transmission.

You can compare quotations offered by vendors around you on our platform. The vendors follow all the government guidelines and will ensure a hassle-free installation process.

1 Kilowatt Solar System Price

From the solar panels to the lightning arrester, you have to account for the cost of several components to calculate the cost of a solar system. 

To explain how to calculate the price of a 1 kW solar system, we will assume that you will install DCR panels. This is because it will make you eligible for the PM Surya Ghar subsidy. Here’s a breakdown of the cost of installing a 1 kW solar system:

Solar System Component

Cost

1 kW Mono PERC Solar Panels (DCR)

Rs. 34,000 to Rs. 38,000

Solar Inverter

Rs. 19500 to Rs. 21500

ACDB

Rs. 3000 to Rs. 4000

DCDB

Rs. 3000 to Rs. 4000

AJB Box

Rs. 5000 to Rs. 6000

Mounting Structure

Rs. 8640 to Rs. 8,800

Lightning Arrester

Rs. 2000 to Rs. 2500

Installation Charge

Rs. 10,000 to Rs.30,000

Other Components

Rs. 4,860 to Rs. 15,200

Total Cost

Rs. 90,000 to Rs.1,30,000

You must compare the prices charged by vendors before installing your solar system. Our vast network of DISCOM-empanelled vendors can offer you the best quotations to ensure you get value for your money. You can compare quotations side by side at our platform.

Area Required For 1 kW Solar Panel

1 mono-PERC half-cut panel has a capacity of 550 W. Thus, for 1 kW, you will need 2 panels.

A solar panel of 550 W usually has a length of 2.3 m and a width of 1.2 m.

Area of 1 panel = 2.3 x 1.2 sq. metres = 2.76 sq. metres

As we need 2 panels, the area required for a 1 kW solar system is 2.76 x 2 sq. metres = 5.52 sq. metres.

Apart from the area occupied by the panels, you must account for the space between the panels. A solar system of 1 kW could have a distance of 0.3 m between the panels.

Therefore, the area occupied by the solar panels of 1 kW is around 5.5 sq. metres.

Monthly Electricity Generated by a 1 kW System

Daily, a 1 kW system with mono-PERC half-cut solar panels can generate 4 to 6 units of electricity. Electricity generated depends on the radiation the panels receive.

You can expect generation of 120 to 180 units of electricity monthly. Here’s an example of how much electricity a 1 kW system can generate daily across months.

Month

Units Generated Per Day 

January

4.2

February

4.9

March

5.6

April

6.3

May

6.8

June

5.4

July

5.1

August

5

September

4.9

October

4.7

November

4.6

December

4.2

Monthly Savings Generated by a 1 kW System

We have already shown that a 1 kW system can monthly generate 120 to 180 units of electricity. You can multiply your electricity charges with the monthly solar electricity generation to calculate your savings.

If you have to pay Rs.8 for every unit of electricity you consume, the monthly savings will be Rs. Rs. 960 to Rs. 1440.

1 kW Solar System Subsidy in India

You can get a subsidy of Rs. 30,000 for installing a solar system of 1 kW under the PM Surya Ghar: Muft Bijli Yojana. To be eligible, you must install solar panels which are DCR-certified and listed in ALMM. We have already explained the meaning of DCR. Now let’s look at the meaning of ALMM.

ALMM stands for ‘Approved List of Models and Manufacturers’. It is a list of models approved by Ministry of New and Renewable Energy (MNRE) for government schemes such as PM Surya Ghar.

The vendor who installs your solar system must be empanelled with your DISCOM. If you want to install a 1 kW solar system, it is better if you apply for solar system installation on our platform. We help you receive the best solar system quotations and compare them to pick a vendor that gives you the best service at affordable rates.

1 kilowatt solar panel price depends on factors such as the location of manufacturing of the solar cells and technology of the panels. The cost of mono-PERC half-cut DCR panels can range between Rs. 34,000 to Rs. 38,000 and between Rs. 30,000 to Rs. 34,000 for non-DCR panels.

FAQs

DCR stands for ‘Domestic Content Requirement’. If a panel is DCR-certified, its solar cells are manufactured and sourced from India. DCR certification of a panel is necessary for availing the PM Surya Ghar subsidy.

A 1 kW solar system with DCR panels can cost between Rs. 90,000 to Rs.1,30,000. The cost depends on the cost of the equipment such as ACDB and DCDB boxes, inverter, and the mounting structure.

The main eligibility criteria for getting PM Surya Ghar subsidy are as follows:

  1. Using DCR-certified and ALMM-listed solar panels
  2. Installation of an on-grid solar system by a DISCOM-empanelled vendor
  3. DISCOM must be empanelled with the MNRE

Main components of a 1 kW solar system are a net meter, inverter, ACDB DCDB, AJB box, lightning arrester, and mounting structure.

Solar panels available in the market include mono, mono PERC, mono PERC half cut, and TOPCon.

Non-DCR panels are sold at Rs. 23-25/Watt and DCR panels are sold at Rs. 30-33/Watt. For a 1 kW system, the cost of non-DCR and DCR panels will be Rs. 25,300 to Rs. 27,500 and Rs. 33,000 to Rs. 36,300 respectively.

Solar panels in a 1 kW system occupy a space of 5.52 sq. metres. You have to add the area between the panels and the area occupied by other components to calculate the total area needed for a system.