You may have been contemplating a transition from unsustainable fuel-based energy sources to renewable energy for a long time. If that is the case, now is the right time to consider a rooftop solar panel installation, given that the technology is already price-competitive in Kerala with government subsidies. After reading this blog, you will get a fair idea about 3 KW Solar Panel price and the 3 kW Solar Panel subsidy rate provided by the Government of India.
Why use solar panels?
First of all, solar energy is sustainable and helps you save lots of money compared to using electricity. Beyond the high initial cost, it can boost your property value and help reduce your carbon footprint. The maintenance cost is comparatively low as the systems work in good condition for a certain period of time. Typically, 5 to 10 years, depending on your selection of the model.
Whether it's a stand-alone, on-grid, or hybrid connection, a solar energy system is a promising technology in India and offers environmentally friendly energy. These typical solar PV systems consist of solar PV modules, DC/AC inverters, and batteries. Hybrid systems also contain energy storage devices (ESS), such as batteries or fuel cells, and operate in parallel with the grid power system.
Who benefits from 3KW solar panel systems?
- Independent Villa/House Owners - People who are conscious about the electricity bills
- Remote location residents - Solar is the best choice if you are living in an area with an unreliable electricity supply
- Households - Small and medium-sized households
The thing to be noted is that the capacity of electrical energy depends on the roofing, shading and sunlight availability. Daily 12 KWH is a standard output and that cover all major household appliances.
3KW Solar Units
In 3 kW solar unit, the solar panel converts sunlight into DC electricity and the inverter connected converts DC to AC and you can use any purposes residential or business. If batteries exist, you can store excess electricity for later use. In case you have grid solar connection the excess power goes back to net metering for compensation.
Components - Photovoltaic PV panels, battery storage, inverter, mounting structures and monitoring systems
Types of solar collectors - Monocrystalline (High efficiency) & polycrystalline (Cost effective)
Inverter - String, micro or hybrid
Lifespan - 20 to 30 years
3 KW Solar Panel price in Kerala: An overview
A 3 kW solar panel system type differs, so does the pricing. Off-grid, on-grid and hybrid types are used in Kerala. Besides the system type, the components, brand and manpower, and others affect pricing. PM Surya Ghar, which helps with the high upfront cost required for installation. A typical rooftop 3KW solar panel price in Kerala would cost between 10,0000 to 25,0000. 3 kW rooftop solar systems estimate a payback period from 3 to 7 years. A 3 kW system heavily influenced by government subsidies.
Government Subsidy
The Government of India had established an initiative to financially support households to install a solar panel system on the rooftop of their houses (domestic buildings) in different areas of India. The purpose is to monitor the performance of these PV systems and encourage the use of solar energy in domestic houses to generate solar electricity, recognising solar energy’s potential. India’s National Solar Mission has earmarked 280 GW to 300 GW of solar power capacity by 2030. To achieve this, PM Surya Ghar: Muft Bijli Yojana was introduced by the Government of India.
Subsidy differs depending on installed capacity and is noted as follows:
1 KW - 30,000
2 KW - 60,000
3 KW and above- maximum 78,000
Take advantage of government subsidies and reduce your electricity bills with rooftop solar.
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Application Process & Eligibility Criteria
- An online application can be submitted through the official website
- Submit the requested documents without fail and wait for the local discom or KESB to do their work
- Once your subsidy is approved by the authorities, net metering can be completed, as well as the installation
- After the installation, you need to inspect the system for any flaws and ensure effective operational performance. After all, inspection and regular maintenance ensure optimal performance.
Solar energy powers numerous innovative and practical applications across industries, showcasing its versatility and sustainability, whether it is for residential or commercial use. You can count on Bestsolarkerala for your solar panel installation, as we are industry experts in the field.
FAQ(Frequently Asked Question)
1. What is the price of a 3 kW solar panel system in Kerala?
A 3 kW solar panel system in Kerala typically costs between ₹1,00,000 and ₹2,50,000, depending on system type, components, and installation.
2. What subsidy is available for a 3 kW solar system in India?
Under PM Surya Ghar Yojana, you can get up to ₹78,000 subsidy for systems of 3 kW and above.
3. What are the types of 3 kW solar systems available?
There are three types: on-grid, off-grid, and hybrid solar systems.
4. What components are included in a solar system?
A solar system includes PV panels, inverter, batteries (optional), mounting structures, and a monitoring system.
5. How does net metering work in solar systems?
Excess electricity generated is sent back to the grid, and you receive credits or compensation on your electricity bill.
