As solar energy becomes accessible across India, many homeowners and small businesses are eager to explore solar power as an eco-friendly solution. Solar power systems are a very cost-effective method of harnessing power, which is why many people are looking into the price for a solar panel in India to get a clear idea of all the costs. 

In this blog, you’ll learn about the price of 1 kW solar panel, space requirements, and energy outputs. Let us know if a 1 kw solar panel system fits well for your energy goals! 

How Much Does a 1 KW Solar Panel System Cost in India? 

We know understanding the price of 1 KW solar panel systems in India is the first step to look into. Whether it’s for a small home installation or a business, knowing the price for a solar panel will help you. 

1 KW solar panel price in India varies widely, as it all depends on many factors. Some of them are panel type, brand, installation, inverter, and also on the type of solar power system.

However, to give you a fair idea about the price of 1 KW solar panel, let's break down the costs. These costs are based on panel type and system configuration. 

  • Polycrystalline panels: ₹45,000 to ₹55,000
  • Monocrystalline panels: ₹55,000 to ₹70,000
  • With installation and inverter: ₹60,000 to ₹85,000

Polycrystalline solar panels are generally more budget-friendly, while monocrystalline panels offer higher efficiency. You can choose any one of the polycrystalline and monocrystalline panels for your home or business. 

It's not difficult to install a solar panel system on your own, and noting the lower price for a solar panel setup, many people consider the same. However, for the best energy output, choosing a full-service installation is preferable. 

What Affects the Price for a Solar Panel? 

What Affects the Price for a Solar Panel?

1 KW solar panel price depends on a lot of factors that are mentioned above. Let's go through them in detail. 

  • Panel Efficiency – Solar panels like monocrystalline are usually very efficient and tend to fall on the costly side. 

  • Installation Type – The price of 1 KW solar panel also depends on the installation type (on the roof or on the ground). 

  • Inverter Selection – The inverter also plays a vital role in deciding the price of 1 KW solar panel. An on-grid solar system inverter requires an inverter that is less costly than the hybrid or off-grid ones. 

  • Brand and Warranty – You already know that different brands have different prices for solar panels. Brands that are reputed come with a higher price tag but give off amazing energy output. 

  • Subsidies and Incentives – The Indian government offers various subsidies for the installation of solar panels. For instance, the Central Financial Assistance (CFA) offers up to 40% subsidies for installing rooftop solar systems up to 3 kW. 

Also Read - Solar panel subsidy in India and 2 kW solar panel price with subsidy to learn more in-depth about the same.

How Much Space Do You Need to Install a 1 KW Solar Panel? 

Space for solar panel installation is something you need to consider importantly along with the price of 1 kw solar panel. A 1 KW solar panel system generally requires around 80 to 100 square feet of maximum sunlight space. 

However, it's important that you know the size and efficiency of panels affect the area that is required. 

  1. Roof type and Orientation

  • Flat Roofs - You can easily mount your 1 kW solar panel systems on flat roofs. Orientation is important to make the maximum use of solar energy. The panels should face south to capture maximum sunlight. 

  • Sloped Roofs - A tilt angle between 15-30 degrees works best for solar roofs.

  1. Panel Efficiency

Higher panel efficiency means that you need very little space for the maximum energy output. Panels like monocrystalline panels with efficiency up to 25% take up 10-20% less space than polycrystalline panels. 

If there's a limited space, you can opt for PERC panels that offer amazing energy output. 

How much Energy can a 1 KW Solar Panel Generate? 

A solar panel system, depending on various other factors, generally offers 4 to 5 kWh of electricity per day. That's enough for small households and the daily chores that need to be taken care of. The energy output is also enough for small businesses too. 

Factors that Affect the Daily and Annual Energy Output 

  • Location: Sunshine is different all across the country. Most northern states in India see around 5-7 hours of sunlight, which is more than enough to deliver power. Some states, however, see less sunshine compared to them, which can affect the energy output. 

  • Seasonal Changes: As the seasons continue shifting, there's a change in the amount of energy that a 1 kW solar panel system generates. In the hot summer months, the solar power systems generate more energy. While in the cold and rainy months, these can produce less amount of energy. 

Benefits of a 1 kW Solar Panel System

Benefits of a 1 kW Solar Panel System

  • Payback Period – The initial price for a solar panel generally ranges between ₹ 50,000 to ₹80,000. And you’ll be saving on your electricity bills, which are generally ₹1500-2000 monthly. This means the payback period is typically 4 to 5 years!

  • Long-term Benefits – Your electricity generation is basically free after the payback period. You’ll no longer need to be dependent on the grid for power all the time. 

  • Eco-friendly – Along with the low 1 kW solar panel price, you're getting an environmentally friendly alternative. You're not just saving money but also helping the environment. 

  • Property Value Boost – By installing a solar panel system on your property, you're increasing its value. The potential buyers will be attracted to your building or house due to the solar power systems.

  • Government Incentives – Installing solar panels has become very easy and affordable because of the many subsidies the government offers. Even State-Level governments are contributing to the encouragement of solar power systems. This lowers the 1 kW solar panel price in India further.

  • Quick Installation – Because of the compact size, installing a 1 kW solar panel is very simple. It consumes less time and offers great efficiency. 

Tips for Maintenance and High Efficiency of 1 kW Solar System

Maintaining solar panels for their long-lasting impact is absolutely necessary. You have to take care of them if you want to enjoy high efficiency. Fortunately for you, maintaining them is the easiest job because they are very low-maintenance. Below are some tips: 

  1. Clean your Panels: Solar panels are out in the open and prone to the accumulation of dust, bird droppings and dirt. This can reduce the efficiency. To avoid the same, you need to clean your panels every 25-30 days. 

  2. Track your Energy Output: You need to monitor your solar panel's efficiency to check if there's any sign of an issue. The monitoring devices will let you know of the same. This way, you can easily address the problem. 

  3. Inverter Maintenance: The Inverter is an important solar panel component that needs to be checked. After 8-10 years, you’ll need to replace your inverter as the efficiency is reduced. 

  4. Schedule Solar Maintenance Services: Opting for professional checkups helps maintain efficiency to a greater extent. Reliable solar maintenance services will make sure your solar system works smoothly. 

Conclusion

While the price of 1 kW solar panel may seem like a big decision, it's really beneficial in the long run. The price for a solar panel is usually between ₹50,000 to ₹80,000 which will pay off in the future. You’ll not only save your money but also increase your property value and energy independence. 

With the help of a trusted solar company, you’ll be able to make the best out of your investment. So, wait no more to make the decision!