How much does a 1kW grid-connected solar system cost?

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People are excited to install rooftop solar power plants on their home’s roof who are getting monthly electricity bills of approx. 400 to 1,000 or electricity consumption is around 200 units per month. They have a 1kW or 2kW sanctioned load provided by the local electricity board. In this on-grid solar system buying guide, you will get a step-by-step guide on how you can install it. Let’s continue…

First, what is the meaning of 1kW?

kW (kilowatt) is a measurement of electricity consumption and every electrical appliance consumes electricity in units. If 1000 watts of electricity is consumed in 1 hour, it consumes 1kW or 1 Unit of electricity. In simple terms, 1kW rooftop solar means the maximum solar PV module which has the capacity of 1000W. Generally, a single solar panel capacity starts from 440W to 575W based on technology and manufacturer. Before knowing the detailed information about this solar system, consumers query for approximate pricing of 1kW.

What appliances can run on a 1kW on-grid solar system?

This solar system can be used for 3bhk homes to run basic appliances such as lights, fans, cooler, laptop, wi-fi, computer, and more.

What are the benefits of an on-grid solar system?

The benefits of an on-grid solar system are as follows
1. On-grid solar system helps to reduce electricity bills
2. On-grid solar system is low-maintenance
3. On-grid solar systems are reliable and sustainable
4. It is eco-friendly

How much does a 1kW grid-connected solar system cost?

If you are planning to install a 1kW solar panel without a battery (also known as a grid-connected solar system), then you should invest approximately ₹60,000 including everything such as products, installation and documentation. If you don’t want to pay money at a single time, you can pay it on easy EMI.

Capacity	Budget
1kW Grid Connected Solar System	₹60,000
Down Payment (10%)	₹6,000
Monthly EMI	₹9,238
No. of Installments	6
Total Interest	₹1,426
Total Amount	₹55,426
Generation	4-5 Units Per Day 1200-1500 Units Per Year
Saving in Electricity Bill	Rs. 28-35 Per Day or Rs. 8,400-10,500 Per Year

What are the major components of a grid-connected solar system?

A grid-connected solar system (also known as an On-grid solar system) has 4 major components such as PV Modules, Grid-Tie Solar Inverter, Balancing of System, and Net metering. Some components of this solar system are provided by solar companies and net metering is provided by the electricity board. Below is the list of components that will be installed at your home.

Components	Specification	Quantity
PV Module	DCR / Non-DCR (anyone) 450W/550W/575W (anyone)	2
Solar Inverter	Micro Inverter / String Inverter 1kW, 1 Phase	1
BoS	Panel Stand - 2 Panels DC Wire - 4 sq. mm. DCDB - 2-in-2-out ACDB - Lighting Arrester - 1 Earthing Kit - 3	As per MNRE standards
Net Metering	1kW, 1 Phase	1

How many solar panels are required for 1KW?

1kW solar system requires no of 2 solar panels.

How much solar subsidy is available on a 1kW rooftop solar plant?

The Indian government (Central as well as State) has more focus on the solar sector and they are financially helping with solar subsidy. The government had announced to give up to Rs. 45,000 on a 1kW solar power plant installation. There are two subsidy slabs, one is a central subsidy (rs. 30,000) and another is a state subsidy (rs. 15,000).

Is a loan facility available for an on-grid 1KW solar system?

Yes, the loan facility is available for a 1kW on-grid solar system you need to do a 20% downpayment. You will get 80% of EMI monthly for the remaining amount.

What is the process to install this solar system?

If you are a beginner then we will recommend you to watch some solar videos on social media sites and understand if this solar system is worth it for you. If your answer is yes, then follow the following steps:

Step 1: Visit the official website of rooftop solar: https://pmsuryaghar.gov.in/

Step 2: Registration on this website using your mobile number, email address, and consumer ID mentioned on your electricity bill.

Step 3: Fill in the important information after logging in to this portal and wait for a feasibility report.

Step 4: Choose any solar vendors near you based on location and pricing.

Step 5: After finalizing the budget, you need to do a vendor agreement (Consumer & Solar Installer)

How much area is required to install solar panels?

Installation area of solar panel installation depends on solar panel wattage. If you choose the low-wattage solar panel, then It will occupy the maximum area and if you choose high high-wattage solar panel, then it will occupy less rooftop area. On average, we can say almost 60 sq. ft. of shadow-free area will be required. We have visited multiple residential homes, and we saw many consumers do not have their rooftops and are planning to install solar in the balcony area. Can they install it here? Our answer is Yes, but it is a difficult job in terms of installation, cleaning and safety. Because a solar panel requires regular cleaning for better generation. We are working on it and if we have some solution, we will also recommend it.

Conclusion

We have covered important information about a 1kW rooftop solar system, but you need more information. You also need some guidance from the rooftop solar company in your area so that they can understand what you exactly need. We Loom Solar, a leading solar panel manufacturer in India provides the complete solution for residential, commercial, industrial and agricultural sectors. We have already installed solar power in 50,000 consumer homes across India, even in rural areas.