Should you install a 3 kW rooftop solar system in India?

For many Indian households, a 3 kW rooftop solar system is often the perfect fit. However, installing a system of this capacity largely depends on two key factors: your household’s energy consumption and the amount of shadow-free rooftop space available.

What is a 3KW solar photovoltaic (PV) rooftop system?

A 3kW solar photovoltaic (PV) rooftop system has the following typical specifications: Output and Applications: Electricity Generation: A 3kW solar system in India can generate an average of 12-15 units of electricity per day, depending on location, weather conditions, and panel efficiency.

How much does a 3KW Solar System cost in India?

The prices for a 3kW solar system for homes in India vary depending on the type of panels. Other factors include the quality of the solar components making up your 3kW solar system and the mounting structure used to set up your solar PV array. On average, your upfront solar investment can range between Rs. 1,60,000 to 3,00,000.

How do I finance a 3 kW rooftop solar system?

Funding your 3 kW rooftop solar system is now easy with financing options available through banks and other financial institutions (NBFCs). If you have a good relationship with your bank, you can request a loan to fund your solar installation.

Does India offer a subsidy on 3KW Solar System?

The Indian government offers a generous subsidy of 40% on 3kW solar systems under Phase II of the Grid Connected Rooftop Solar scheme applicable for residential, institutional and social sector consumers. Below mentioned Table gives you an overview on 3kw solar system price in india with subsidy

How much does a solar subsidy cost in India?

If you are considering solar for self-consumption, the subsidy can reduce the price of your 3-kilowatt solar panel system in India by up to Rs. 54,000 (Rs. 18,000 per kW). The CFA calculation depends on the type of your solar system and the capacity you choose for your home.