Know how much it costs to install a solar system

Solar panels use solar energy from the sun to produce electricity. They are environmentally-friendly as they produce electricity without any pollution. Moreover, using solar panels can significantly reduce electricity grid bills, providing long-term benefits from the electricity generated. Today, the solar energy industry is growing rapidly and this is also due to the subsidy scheme provided by the government which is encouraging solar companies and citizens to shift to solar energy.

Components used in solar system

To install a solar system, you need solar panels, a solar inverter and a solar battery. Solar panels generate electricity from sunlight while solar inverters convert the direct current generated by the panels into alternating current so that you can power your home appliances easily. Solar batteries are used for power backup where the stored power can be used at night or during power cuts.

The cost of powering an entire house with solar panels

The cost of installing solar panels depends on many factors

The cost is calculated on the basis of watt capacity. The higher the capacity, the lower the cost per watt. Different types of solar panels such as polycrystalline, monocrystalline and bifacial panels also affect the overall cost of the system. Polycrystalline panels are the most economical and most widely used.

Monocrystalline panels are more expensive but offer greater efficiency. Bifacial panels use the latest technology and are the most advanced, these panels can generate power from both sides and are therefore the most expensive.

A solar system requires professional installation. The panels must be installed in a location exposed to long-term sunlight. The power load of the installation site must be known to determine the proper capacity of the solar system. A solar inverter converts DC to AC, it is available in PWM and MPPT technologies. Solar batteries are available with C10 and C20 ratings which are used for power storage.

Estimated cost to power a home with solar energy

The total cost for a 5 kW solar system including all the necessary equipment and installation can range from ₹4 lakh to ₹6 lakh. This cost varies depending on the type of solar panels and the capacity of the solar battery used.

Before installing a solar system, it is important to understand the factors affecting the system. This information helps you set up an efficient and cost-effective system. With a solar system, you can not only reduce electricity bills but also contribute to a clean environment.