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India's step towards adopting solar energy has been significantly driven by multiple factors. To promote early adoption on a large scale government has introduced several subsidy schemes for residential solar panel setup for homes. There are numerous financial incentives to encourage residential solar installation.
With the growing penchant for sustainable energy sources and environmental awareness, the solar energy sector has seen a surge in recent times. On top of it to make it lucrative, incentives like subsidies on residential installations, low-cost EMI loans, and tax benefits, are making residential solar installations more economically viable.
Growing ecological consciousness has accelerated this shift, with consumers proactively choosing renewable sources to minimize the environmental impact. Technological progress in photovoltaic systems has simultaneously improved efficiency while reducing costs, creating durable solutions that deliver long-term savings and sustainability benefits for homeowners.
Let’s look at some of the key things to note while considering solar panel setup for home in India.
Residential solar panel systems have a long life span, and how long they will last depends on the quality of the panels. You must ensure that the panels are of high quality and the material is durable to withstand wear and tear due to weather conditions. You would want your solar system to be up and running as long as possible. The different types of panels are:
Each solar panel type is capable of making its value back (i.e. the payback period which ranges on an average of 5-7 years) in the money it saves on you on electricity costs.
Solar Panel Type | Advantages | Disadvantages |
---|---|---|
Monocrystalline | High efficiency and performance | Higher costs |
Polycrystalline | Lower costs | Lower efficiency and performance |
Thin-film | Portable and flexible | Lower efficiency and performance |
Read More: Residential Solar Installation
The harsh weather conditions can cause wear and tear to the solar panels. It is important to know if the panels are of high quality with good resistance to natural conditions. Also, when selecting a solar panel system, it's important to consider factors like fire safety ratings, which can vary based on your roof type and panel choice. These ratings help ensure your system offers the right level of protection for your area’s fire risk. Some panels have the tendency to adapt to the rising temperature and produce more power than others. It is also a good factor to know which panel will fit in better given the weather conditions of your place.
One of the significant costs post implementation of the solar panel setup for homes is the annual maintenance costs. A lot of providers in India have AMC i.e. Annual Maintenance Contract, where they undertake maintenance of the solar installations and monitor the performance of the panels. With renowned providers like Truzon Solar, you get in-house maintenance team that keeps a tab on the performance and service requirements through their Service apps. For instance, Truzon Solar’s Customer App monitors the performance, offers 24/7 after-sales support, and service technicians at the disposal, and you don’t need to do anything. It is fully tracked by the service team. Make sure you check with your vendor about the AMC before installations of the solar panel setup for homes.
Read More: Benefits of Installing Solar Panels for Home
If you are planning to install the best solar panel setup for home in India, make a list of the following points before finalizing the installation.
Function: Understand your objective of installing the solar panel; If you are looking to reduce your electricity bill or add an additional power source. Understanding your primary reason will help you to make your decision.
Size: Also consider the space available and how many appliances you need to power. Larger homes or more energy-intensive setups may require different panels than smaller homes. For example on average one kW generates 140 units, which might not be suitable for a small family of two in a 2 BHK house.
Cost: The initial installation costs are a bit on the higher side, and with various solar subsidy schemes available solar panel setup for home price in India can be lowered down. However, it is good to see what your budget allows and what price range you are looking for the solar panel installation.
The number of solar panels you need for a proper solar panel setup for home in India depends on the following factors:
- Your energy consumption
- Roof size
- Wattage of the panels
For a 2-bedroom house, you should get a 3 or 5-kW system that would require 10-13 panels. A 3-bedroom house would require a 5 or 7-kW system with at least 15 solar panels. 4-bedroom houses would benefit from an 8 or 9-kW system with at least 20 solar panels.
The solar panel setup for home price in India varies depending on the system size, panel quality, and installation company. On average, the cost for a 1kW solar system can range between ₹40,000 to ₹60,000, with prices increasing for larger setups. Government incentives and subsidies may also help reduce the overall cost, currently, you can avail of subsidies up to INR 78000.
A 2 kW solar system can produce power of about 240 units per month. In that essential appliances like lights, fans, and small devices can be run. However, the adequacy of a 2 kW system depends on the household's energy usage as well. For a larger solar panel setup for homes with higher energy demands, a higher capacity system like 3 kW or 5 kW may be needed.
Yes, there are various subsidy schemes available for solar panel setup for home in India. One of them is PM Surya Ghar Muft Bijli Yojana, where you can get a subsidy of up to INR 78000.