Solar panels are a great way to cut your electricity bill. A single solar panel can reduce your monthly electricity bill by up to 30% and with an average return on investment of 8-10 years, it’s worth the initial cost. It is estimated that in the next ten years, the global market for solar energy will increase by 40%. You may be wondering how you can get started. Here are some things before checking 1kw Solar Panel Price.
On-Grid Solar System || 1kw Solar Panel Price
1. On-Grid Solar System: A solar power plant is a miniature solar electric power system placed on the roof of a building or plant. The system can be self-contained or include external accessories like a battery bank and a monitoring device. One installation may need one or more solar inverters to convert the direct current (DC) output of the solar panels into alternating current (AC), which is fed into the building. In case of power curtailment due to power outages in the power system, the solar system can supply power into the power grid.
On-Grid Solar System can use it to power a whole building. The grid-tied inverters come with power quality features and voltage visibility controls so that the system will give the most efficient power to the grid at any given moment.
1kw Solar Panel Price || 1kw Solar Panel Price in India
| Price List of 1kW solar system 2021 | ||
| Model | Selling Price | Price per watt |
| 1. On Grid solar system | Rs.73,976 | Rs.73.976 |
| 2. Off Grid solar system | Rs.71,442 | Rs.71.442 |
| 3. Hybrid solar system | Rs.1,14,770 | Rs.114.73 |
Hybrid Solar System || 1kw Solar Panel Price
This type of solar system combines solar panels and batteries. This hybrid solar panel works the best for a scorching climate like north India. It uses both storage and solar panels to power the house. It has a storage capacity of approximately 4 to 7 hours. The solar and battery combination together delivers the best able to run the household appliances and the lights.
Solar panels are installed on the roof of a building. There are two methods of installing these panels. Both ways include mounting solar panels on the top and bottom by considering the air and water resistance of the building. The solar panels are designed to generate electricity and store it in the battery. The two methods have different advantages and disadvantages, and one is called a hybrid solar system. For installation on the roof of a building, the hybrid solar system is the best option. It has high power and average power output. To maintain the intermediate result, system designers have to make sure that amount of sunlight for a particular place on the roof of the building is correct.
Off-Grid Solar System
Off-Grid Solar System, The solar system in an off-grid solar system is the best. It is a tiny piece of power equipment. It is not used to run big household appliances or the high capacity load. It works just for the house. It cannot power the long-distance travelling car, motorbike, bicycle or any other high power machinery. It is more suitable for use in hilly areas and high or less mountainous areas.
Conclusion
We live in an era of reduced energy cost, which has raised the demand for solar panel installation in countries like India. The affordability of the solar system is made famous by a massive gap between the prices of conventional grid electricity and solar electricity. Hence, solar panels have become attractive for customers.
Solar power is one of the cleanest and most sustainable forms of energy. It provides a renewable source of electricity without burning fossil fuels or nuclear materials, which releases harmful gases into the environment. Solar panels are now cheaper than ever to manufacture, so there’s never been a better time to install solar panels on your roof. If you’re thinking about installing solar panels, you may have noticed that prices can vary significantly.
This post will help you understand why prices are different and what factors might affect how much you pay for your solar panel installation.