#1. How many solar panels you need to power your home?
#2. How much solar would I need for a 1000-square-foot house?
#3. How much solar panel cost with subsidy and without subsidy?
#4. How many solar panels are required for 1kW?
#5. How much solar panel produces energy in monthly, yearly and lifetime?
#6. How much solar panels saves money in monthly, yearly and lifetime?
#7. How much solar panel reduces CO2 emissions?
Important: Home load calculator gives you an approximate number, so we suggest you that you also contact with our expert team: sales@loomsolar.com
Here is a formula of EMI calculation:
For example, if you want to plan a 5KW Solar System without Battery and It's price is Rs. 3,00,000. First select Bank and EMI Plan, such as Bank is HDFC Bank and EMI Plan is 60 months.
Monthly EMI = Total Cost + (Total Cost * Interest Rate / No. of Month)
= 3,00,000 + (3,00,000 * 15% / 60)
= (3,00,000 + 45,000) / 60
= 5,750 INR.
Here is Monthly EMI = Rs. 5,750 per month*. This is approximate number, it can be vary depending on banks and emi plan. Calculate Solar Loan Monthly EMI here.
Get the estimated EMI you can have for solar power system. It is simple & easy, just need to fill the budget you are planning to spend or cost of your required solar power system & select your bank. An average cost of solar panels starts from Rs. 700 to 15,000 per module. If you don't know the complete solar system pricing, you can check solar system pricing from here.
EMI Calculator for Solar System helps you to calculate:
How to calculate solar panel emi?
How much does interest rate of solar panel emi?, etc.
Customer Name: Shankar Pal, Ghaziabad, Uttar Pradesh
System Details: 5kW Grid Connected Solar System
"I bought 5 kw on grid system from loom solar only because I got monthly emi facility as I had not enough money to pay in advance, whereas I was paying electricity bill approx. 10,000 to 15,000 monthly so LOOM SOLAR helped me to own this system and pay 20,000 monthly emi rather than paying electricity bills. Now I can own this system after 24 months and will use for balance 21 years.
A Rooftop Solar loan is offered to the buyers who are willing to install solar panels in home. This loan assists you financially in buying the rooftop solar panel at an affordable and convenient rate.
A home owner who wants to install solar panels more than two kilowatt solar systems in home, they are eligible for loan. An interested homeowner can visit nearby banks in his area.
The interest rate of solar loan is average 10% to 15% yearly and It is based on the customer profile and loan providers. Your CIBIL profile will help you to build a good rapport and get an exciting interest rate.
You can apply a rooftop solar loan in 4 quick and easy steps:
1. Contact to Rooftop Solar Company, (LOOM SOLAR)
2. Contact nearwise Banks in your area
3. Submit Solar Quotation of Private Limited Company, Income & Address Proof, etc.
4. Bank will verify all documentation, and release first 80% payment to solar provider's bank account at time of product purchase, second 15% payment on the time of submitting installation report and remaining 5% payment on final customer's noc certificate.
Important Information: This is an approximate numbers. For more information for better understanding ,You can also now enquire for a solar loan online. Visit https://www.loomsolar.com/pages/solar-loan-form to apply now!
To simply this complexity, Loom Solar has developed home load / inverter calculator, so you can easily estimate your power backup solution.
We are giving some golden rules to calculate:
#1. Inverter Capacity = Double Size of Home Load after Power Cut
= Double Size * 1000Watt
= 2000Watt
~= 2kW
#3. Battery Capacity = 24V (i.e. 2kW Inverter comes in 24V)
#4. Solar Panel = Double Size of Battery Capacity
#5. Charge Controller = Not More than Inverter Ampere
Important: Home load calculator gives you an approximate number, so we suggest you that you also contact with our team: sales@loomsolar.com
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It is easy to use electricity bill calculator. You have to select state, district, DISCOM name, sanctioned load (it's mentioned on electricity meter / electricity bill), type of electricity meter (single / three phase) and electricity consumptions. This electricity bill calculators will shows slab units cost state wise where you want.
For better understanding, you can remember below two points:
1. Residential: Avg. electricity bill is Rs. 6 to 9 per units including all charges.
2. Commercial: Avg. electricity bill is Rs. 10 to 20 per units including all charges.
Note: The accuracy rate of this calculator is up to 95%, we are working on it to improve it's accuracy rate. If you have any specific query, you can contact with support team via email: sales@loomsolar.com or call: 8750 77 88 00