Solar panel price in Delhi vary depending on a number of factors, including the type and efficiency of the panels, the size of the system, and the brand of the panels. On average, prices for a solar panel system in Delhi can range from as low as Rs 30,000 to as high as Rs 3 lakhs or more, depending on the specifics of the system.
Type of Solar Panels
Solar panels come in two basic varieties: monocrystalline and polycrystalline. The efficiencies of monocrystalline panels, which typically range from 15 to 22%, are higher and more expensive since they are produced from a single, continuous silicon crystal. The efficiency of polycrystalline panels, on the other hand, typically range from 13 to 16% and are built from numerous silicon crystals. They are less efficient but also less expensive. How successfully a solar panel turns sunlight into electricity is referred to as its efficiency. Although more expensive, more efficient panels will produce more electricity from the same quantity of sunshine.
Size of the Solar Panel System
The size of the solar panel system also plays a role in the price. A larger system will generally cost more than a smaller one, as more panels are required to generate more electricity. The cost of installation and other necessary equipment, such as inverters and batteries, also add to the overall cost of the system. For example, a 1kW solar panel system can cost around Rs 1.5 lakhs to Rs 2.5 lakhs while a 2kW solar panel system can cost around Rs 3 lakhs to Rs 4 lakhs.
Brand of the Solar Panels
Brand also plays a role in the solar panel price in Delhi. Some brands are more well-known and established in the market, and their panels tend to be more expensive than those of lesser-known brands. However, it’s important to note that the price of the panels is not the only factor to consider when choosing a brand. It’s also important to research the quality and reliability of the panels and the reputation of the company before making a purchase.
Installing a solar panel system can be a complex and costly process. It’s important to consider the cost of installation when determining the overall cost of a solar panel system. Installation costs will vary depending on the size of the system and the complexity of the installation.
Government policies and subsidies
In addition to these factors, government policies and subsidies also play a role in the solar panel price in Delhi. The government provides various subsidies and incentives for individuals and businesses who install solar panel systems, which can help to reduce the overall cost of the system. For example, the Ministry of New and Renewable Energy (MNRE) provides a subsidy of 30% of the benchmark cost for grid-connected systems, and up to 70% for off-grid systems.
The maintenance of a solar panel system is an important factor to consider when determining the overall cost. Regular maintenance is required to keep the system running smoothly and to ensure that it continues to generate electricity efficiently. Maintenance costs will vary depending on the size of the system and the complexity of the maintenance required.
In conclusion, solar panel price in Delhi can vary widely depending on the type, efficiency, size, and brand of the panels, as well as the cost of installation and other equipment. It’s important to research and compare different options and take into account all of the relevant factors before making a purchase. Furthermore, it’s also important to keep an eye on government policies and incentives, as they can also impact the cost of solar panel systems in Delhi.