Similar to other global towns and cities, Delhi has become a prominent eco-friendly hub in recent years. The solar energy industry is performing efficiently, leading to a clean and sustainable power source. The authorities also maintain a reasonable solar panel price in Delhi to create awareness about this noble cause.
The pricing system for different solar panels varies. It depends on the wattage, battery, and other related accessories. The price structure for 5 kilowatt solar panel price is not the same for solar panels of other capacities. Check out the comprehensive guide about solar system prices in Delhi below.
What’s the price of Solar Panel Installation in Delhi?
Usually, the solar panel price in Delhi is determined by the capacity of the panel, battery, installation, and other related charges. Your installation partner will charge you for the PV structure, solar inverter, battery, mounting structure, ACDB, battery rack, and DCDB wiring. The approximate price range for different solar systems is as follows-
● A 1-2 KW Solar system will amount between INR 60,000 to INR 1,50,000
● Any 5 kilowatt solar panel price will vary between INR 1,80,000 to 2,50,000
● For heavy capacity solar panels, including 15 kW to 20 kW, it will charge you between INR 5,00,000 to INR 10,00,000
These are the generic price ranges, as you can always negotiate with the dealers and opt for government incentives wherever applicable.
Factors Related to Solar Panel Price in Delhi
Some of the prime factors that determine the solar panel price in Delhi are as follows-
● Size
The foremost factor influencing the price of solar panels in Delhi is the capacity or size of the solar system. The larger panels have higher power output and cost more in comparison to smaller solar panels. Based on your total energy consumption and purpose of usage, decide on the capacity of the panels.
● Location
The locality also determines the solar system price in Delhi. For instance, solar irradiation, which assesses the amount of sunlight received, varies across regions. Localities capturing more sunlight are beneficial for solar power generation, cutting down on the number of panels and overall cost.
● Government and Tax Incentives
Your typical 1 or 5 kilowatt solar panel price goes down with government incentives, if applicable. In many regions, the government shares such tax cuts and incentives to promote green and renewable energy. Further tax incentives or charges will add to the overall price of the solar panels.
● Market Value
Not all regions have uniform regulations for installing solar panels. While in some areas, you may have an average solar panel price deal, the same model may be higher in other areas. It depends on the market value, where some models have higher demands. Those popular models automatically have soaring solar panel price in Delhi market.
● Additional Equipment
When you are thinking of installing solar panel systems then it comes with additional charges. Precisely the charges of the equipment like batteries, inverters, wirings, and mounting structures add to the overall pricing of the solar system installation.
In addition to the above factors, the solar panel price in Delhi also depends on the brand you choose. Reputable brands charge more for the installation.
Solar Panel Maintenance Costs
You can invest a little in solar panel maintenance in Delhi. Based on the intensity of the damage, it can cost between INR 1000 and INR 3000 per KW. In addition, the average cost of maintenance for a 5 kilowatt solar panel also goes down when you clean your panels weekly. By removing the accumulated debris from the system and monitoring the performance regularly, you can manage the maintenance expenditures.
Types of Solar Panels
There are three types of solar panel installation available in Delhi. These include-
● Polycrystalline Solar Panels
● Bi-focal Solar Panels
● Monocrystalline Panels
In comparison to monocrystalline solar models, the polycrystalline models are more versatile and dynamic in price.
End Words
Both the Delhi Government and the Union Government are sincere about the installation of solar panels in Delhi. Further, with the evolving landscape of renewable energy in India, the solar panel price in Delhi has become dynamic. Consider the above factors, such as government incentives, capacity, and additional equipment, to estimate the price of solar panel installation and accordingly make an informed decision.