5kw on-grid solar system price in India

5kW On-Grid Solar System Price in India: Best Deals

India’s push for more renewable energy makes solar power systems highly sought after. The 5kW on-grid solar system is a top pick for both houses and companies. It’s a budget-friendly way to use the sun’s energy and lower power costs.

Industry insights show the 5kw on-grid solar system price in india varies. It can be between ₹315,499 and ₹360,000. This price range is affected by the components used, setup costs, and any state subsidies available.

Key Takeaways

  • The 5kW on-grid solar system is a popular choice for homeowners and businesses in India.
  • The price range for a 5kW on-grid solar system in India is ₹3,15,499 to ₹3,60,000.
  • The solar panel cost can be as low as ₹3,47,000 from a leading solar EPC company in Chennai.
  • The exact price depends on factors like location, panel efficiency, and available government subsidies.
  • Investing in a 5kW on-grid solar system can provide long-term savings on electricity bills and a positive environmental impact.

Understanding a 5kW On-Grid Solar System

A 5kW grid-tied solar system is a top choice for making energy from the sun. It’s a set of solar panels on your roof, connected to the power grid. This way, you can use the sun’s power and sell extra energy to the grid.

What is a 5kW On-Grid Solar System?

This kind of residential solar system can make 5 kilowatts of power from sunlight. It hooks up to the normal power grid, letting you use solar and regular power easily. So, you get to save money and the planet at the same time.

Key Components of a 5kW On-Grid Solar System

The important parts of a 5kW on-grid solar system are:

  • Solar Panels: It has 12 to 20 solar panels. They change sunlight into electricity.
  • Solar Inverter: The inverter turns the electricity from the sun into what your home can use or send to the grid.
  • Mounting Structure: This part keeps the solar panels safe and in the best spot for catching sunlight.
  • Wiring and Cabling: They make sure all parts of the system work right and safely.

These pieces work together to capture solar power. They let you use the energy you make and share with the electrical grid. This means you can make the most of your 5kW solar energy system.

5kw on-grid solar system price in India

Cost Breakdown of a 5kW On-Grid Solar System

The cost of a 5kW solar system in India changes based on a few things. This includes how efficient the solar panels are, where it’s installed, and if there are government subsidies. Reports say it can cost between ₹3.5 lakh to ₹6 lakhs. The average cost is about ₹347,000.

For a 5kW solar system, you’ll usually pay for:

  • Solar panels (around ₹1.5 to ₹2.5 lakhs)
  • Inverter (around ₹50,000 to ₹1 lakh)
  • Mounting structure (around ₹30,000 to ₹50,000)
  • Wiring and safety devices (around ₹20,000 to ₹40,000)
  • Installation and labor costs (around ₹30,000 to ₹60,000)

Government Subsidies and Incentives

The Indian government gives out subsidies to push renewable energy use. For a 5kW solar system, they offer up to a 20% subsidy. This can reduce the cost by as much as ₹72,000.

State governments might also provide other incentives. Before buying a solar system, it’s smart to see what subsidies and incentives are available in your area.

Component Cost Range
Solar Panels ₹1.5 – ₹2.5 lakhs
Inverter ₹50,000 – ₹1 lakh
Mounting Structure ₹30,000 – ₹50,000
Wiring and Safety Devices ₹20,000 – ₹40,000
Installation and Labor ₹30,000 – ₹60,000
Total Cost ₹3.5 lakhs – ₹6 lakhs

Benefits of Installing a 5kW On-Grid Solar System

Using solar power is smart for both houses and businesses. It lowers the impact on our planet and saves money over time. A 5kW on-grid solar system provides many benefits. This makes it a smart choice for an investment.

Environmental Impact

When a 5kW solar system turns sunlight into power, it helps stop using oil and gas. This lowers the pollution your home or business creates. Solar power is a clean and endless energy source. It doesn’t harm our environment like burning fuels does.

This system can reduce about 6 tons of CO2 each year. This is a big step towards a cleaner world.

Long-Term Savings

This rooftop solar system not only helps the planet but also cuts costs in the long run. It can produce 25-30 units of energy every day. This can greatly lower your electric bills.

With government help and special policies, the 5kW solar system quickly pays for itself in 5 to 10 years. Afterwards, the savings are significant. This lets homeowners and businesses recover the cost of the system. Plus, they benefit from clean energy for many years.

“Investing in a 5kW on-grid solar system is not only an environmentally-conscious decision but also a smart financial move that can pay dividends for years to come.”

Conclusion

The 5kW on-grid solar system is a top choice for many in India. It offers great savings and helps the environment. Priced between ₹3.5 lakh to ₹6 lakhs, it’s a smart investment, especially with government support.

This solar system helps both people and businesses save money in the long run. It also makes our world cleaner and greener. It’s perfect for any size, from big homes to medium-sized companies.

The 5kW system is changing how India uses solar power, mixing good price and performance. As more people want clean energy, this system is key for India’s move to a better, sustainable future.

FAQ

What is a 5kW on-grid solar system?

A 5kW on-grid solar system makes 5 kilowatts of power from sunlight. It connects to the grid. This lets you sell extra power back or use it when the sun is down.

What are the key components of a 5kW on-grid solar system?

This solar system has solar panels to capture sunlight. There’s a string inverter to change the sunlight into usable power. It also includes a sturdy mounting structure, plus all the wires and cables needed.

What is the typical cost of a 5kW on-grid solar system in India?

The cost in India ranges from ₹3.5 lakh to ₹6 lakhs. Prices vary based on where you are, how well the panels work, and if you get any government help.

What government subsidies and incentives are available for a 5kW on-grid solar system in India?

The MNRE gives a 20%  solar subsidy for home solar systems from 4kW to 10kW. This means a 5kW system could get up to ₹72,000 off. It’s a big help in cutting costs.

What are the benefits of installing a 5kW on-grid solar system?

Putting in this solar system is good for the planet. It cuts down on using fossil fuels and your carbon footprint. You’ll also save money over time with lower electric bills and a system that pays for itself quickly.

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