The cost of installing a commercial solar system can vary significantly depending on various factors such as the size of the system, location, type of solar panels, mounting structure, inverter capacity, and other components. Additionally, government incentives, subsidies, and prevailing market rates can also influence the overall cost. here's a rough estimate of the cost per kilowatt (kW) for installing a commercial solar system.
Small-scale systems (10 kW - 100 kW): Roughly ₹70,000 - ₹90,000 per kW
Medium-scale systems (100 kW - 500 kW): Roughly ₹60,000 - ₹80,000 per kW
Large-scale systems (above 500 kW): Roughly ₹50,000 - ₹70,000 per kW
Please note that these are just approximate figures, and the actual costs can vary significantly. Additionally, these costs might have changed due to factors like technological advancements, changes in government policies, fluctuations in component prices, and overall market trends.
It's also important to consider that various incentives and subsidies may be available from both the central and state governments, which can significantly reduce the upfront cost of installing solar systems. These incentives can include capital subsidies, tax benefits, and net metering arrangements, among others. Loom solar also offers a loan/EMI benefit to consumers for installing the solar system more affordable.
To get an accurate and up-to-date estimate for your specific project, I recommend reaching out to local solar installation companies or consulting with renewable energy experts. who can provide you with customized quotes based on your requirements and location.