Solar Panel Price in Mayurbhanj in 2023
With the continuous up-gradation on solar panels esp in technology, also the changes in tax regime the prices of solar panels have seen an increase of up to 50% over the last few years. While prices have gone high, to a certain extent the increased efficiency of solar panels has helped keeping the value proposition in place. Solar power continues to be the most preferred resource for renewable energy.
In Mayurbhanj, with the presence of 150 solar solutions shops along with 50 inverter battery shops and 100 electrical shops are within reach of any customer.
Solar Panel Cost: The price of solar panels varies with the technology, type, size, scope of government subsidy etc.
Generally, solar panels or solar PV modules that have higher capacities are at a lesser cost on per watt calculation vs the small capacity panels as their cost goes higher on per watt basis.
Solar Panel Cost
Solar Panel Type |
Price |
Cost of one Solar Panel |
Rs. 1,000 to 25,000 |
Cost of small Solar Panel |
Rs.1,000 to 3,000 |
Cost of Portable Solar Panel |
Rs 3,000 to 7,000 |
Cost of 12v Solar Panel |
Rs.1,000 to 9,500 |
Cost of 24v Solar Panel |
Rs 20,000 to 25,000 |
Application: Solar power system is looked as an independent of power solution by many and similarly a lot believe it to be a power backup solution. Technically both are true as the solar system can independent power source -ie -
Off Grid Solar Power System - Such system are deployed where the power outage is too frequent, or long power cuts or low voltage conditions. Also places where getting electricity to reach is still a challenge, such a solution is a boon. Subsidy in such a case is not an option.
Price of Off Grid Solar Power System
Solar System Size |
Price |
1 kW Off Grid Solar System |
Rs. 96,000 |
2 kW Off Grid Solar System |
Rs. 1,92,000 |
3 kW Off Grid Solar System |
Rs. 2,88,000 |
5 kW Off Grid Solar System |
Rs. 4,80,000 |
7.5 kW Off Grid Solar System |
Rs. 7,20,000 |
10 kW Off Grid Solar System |
Rs. 9,60,000 |
15 kW Off Grid Solar System |
On Demand |
25 kW Off Grid Solar System |
On Demand |
50 kW Off Grid Solar System |
On Demand |
On Grid Solar Power System -this system is connected with the Grid and is provisioned to avail subsidy. More interestingly the MNRE has recently introduced a new process that will help the home owners to avail the subsidy by getting few entries along with the digital pic of theirs on a specified portal. This initiative has made the entire process for users very convenient and simple. Users who want to leverage the subsidy and the benefits of lower electricity bills tend to avail this.
Price of On Grid Solar Power System
Solar System Size |
Price |
1 kW On Grid Solar System |
Rs. 60,000 |
2 kW On Grid Solar System |
Rs. 1,20,000 |
3 kW On Grid Solar System |
Rs. 1,80,000 |
5 kW On Grid Solar System |
Rs. 3,00,000 |
7.5 kW On Grid Solar System |
Rs. 4,00,000 |
10 kW On Grid Solar System |
Rs. 6,00,000 |
15 kW On Grid Solar System |
Rs. 8,25,000 |
25 kW On Grid Solar System |
Rs. 13,75,000 |
50 kW On Grid Solar System |
Rs. 25,00,000 |
100 kW On Grid Solar System | Rs. 60,00,000 |
Hybrid Solar system- Hybrid is a combination of above 2 with the help of certain control mechanisms
Price of Hybrid Solar Power System
Solar System Size |
Price |
1 kW Hybrid Solar System |
Rs. 1,15,000 |
2 kW Hybrid Solar System |
Rs. 2,30,000 |
3 kW Hybrid Solar System |
Rs. 3,45,000 |
5 kW Hybrid Solar System |
Rs. 5,75,000 |
7.5 kW Hybrid Solar System |
Rs. 8,62,500 |
10 kW Hybrid Solar System |
Rs.11,50,000 |
15 kW Hybrid Solar System |
On Demand |
25 kW Hybrid Solar System |
On Demand |
50 kW Hybrid Solar System |
On Demand |
Applications like : homes, shops, farms, farmhouses, look for the opportunity to deploy solar solutions.