2kW Solar System Price in India, 2024

The 2 kW solar system is great for running appliances like fans, lights, TV, and fridge using solar power instead of the regular electricity grid. This system has the capacity to make 10 units of electricity per day by saving you Rs. 3,000 every month. It has high-quality monocrystalline panels with over 97% inverter efficiency and more than 16% module efficiency.

Usages

1-2 BHK Homes, but backup is maximum. Useful for powering homes, Independent floors, Villas, offices.

Benefits

Ideal for powering your homes, villas, office etc. with 24*7 power without depending on the grid electricity. 

Generation

The generation of a 2kW solar system is approximately 250 watts. This system can generate an average of 8-10 kWh of electricity per day, depending on factors like location, weather, and panel orientation.
The result of the generation of a 2kW solar panel is 2,871 kWh/Year*. It can save your money by up to ₹ 20,097 /Year*.

Components

  • The components of a 2kW solar system are
  • PV Modules: 3 to 4 (SHARK Series)
  • Solar Inverter: FUSION2kW, 1P
  • BoS: Mounting Structure, DCDB, and more.

Pricing

2kW Solar System Price is approx. Rs. 1,99,000 in India. This pricing could be vary. We can give you approximate number.

Components Cost
SHARK Bi-Facial Solar Panel, 440 - 530 Watt, 144 Cells, 9 Bus Bar (4)
 ₹ 87,000
150Ah Solar Battery (2)  ₹ 30,000
2500VA/24V Solar Inverter (1)  ₹ 25,000
Loom solar 4 panel stand (Shark Bifacial) (4)   16,000
Solar DC Wire, 6 sq mm, 15 Meters Pair  ₹ 2,500
3 Panel MC4 Connectors pair, 3 Wire In, 1 Wire Out   1,050

EMI

A 2kW solar system has a solar panel, solar inverter, and BoS. It can generate 10 units of electricity per day. To install a solar panel on EMI you need to make a 20%  downpayment of project cost. The interest rate of this system is 9% to 12.5% and tenure is 6 to 60 Months.

Government Subsidy

For residential consumers who want to install a solar system the government provides a subsidy on the solar system to make it more affordable. The central, state and total subsidies that are provided by the government are given below.

  • Central Subsidy: ₹ 60,000
  • State Subsidy: ₹ 30,000(UP Only)*
  • Total Subsidy: ₹ 90,000

Investment & RoI

Investing in a 2kW solar system involves buying and installing a solar panel that can generate up to 2000W of electricity. Return on Investment (ROI) for a 2kW solar system depends on factors like location, energy consumption, and incentives. The total cost of a 2kW solar system is ₹1,20,000 and ROI is up to 2 – 6 Years*.

Installation Area of Solar Panel

The area of installation for a 2kW solar system depends on the size of the roof and it should shadow-free area. The area of installation should be 120 sq. ft.

How to Install Solar Panels?

Here, you can know about solar panel installation process step-by-step. Watch below video:

Conclusion

If you're thinking about getting solar panels with a subsidy, you can book engineer visit. They will guide you through everything about the solar system you need, how much it costs, and provide you with a solar quotation.

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