Solar Panel Installation Cost in India 2024

You definitely have come across the term “solar energy”, It doesn’t matter in which city or town you stay in, you must have seen solar panels. Solar panels harvest solar energy! Every time you see solar panels don’t you get curious to know more about them?

This blog will talk about solar panel types, solar panel price in India, solar panel price for home, Solar Panel Installation Cost in India and more. But first, let’s understand how solar panels harvest solar energy.

How Solar Panel Works?

Solar panels are also called PV Solar Panels (photo-voltaic panels). They consist energy particles called photons which convert sunlight into electricity when sunlight falls on them. Solar electricity can substitute the electricity fed from electricity board. The electricity generated by the solar panel can be used directly to power the electrical loads/ devices or can be stored as a backup.

The solar sector is booming in India, Solar panels & solar systems are used widely, they can run power systems for remotely situated telecommunication companies, light houses, village hospitals, schools, institutions along with city based residential and commercial communities.

Depending on the quality of the solar panel the system’s lifespan can be even more than 22-25  years. Making an investment in solar panels is such that once you have paid for its initial investment cost, the electricity that it is going to generate for the rest of it’s life is going to be free of cost!

Before discussing Solar Panel Installation Cost in India lets discuss solar panel types and requirements for solar panel installation.

Installation of Solar Panel for Home

Solar panels don’t require extra space for it’s installation. Solar panels can be installed on any roof. You don’t need an extra empty land area. It’s just that your rooftop must have enough space for the installation of the required number of solar panels to generate more than a sufficient amount of electricity to suffice the power needs of your home/ building. The extra generated electricity is stored and is used at night when there’s no sunlight.

Come let’s discuss the benefits of installing solar panels, it’s obvious that by installing solar panels you’re switching to eco-friendly power generation at the same point reducing pollution and carbon- footprint. Solar power is a safe and sustainable source of energy. But did you know that Indian geography is highly suitable for the installation of solar panels as  India receives a lot of tropical sunlight due to it’s mapping. There are almost 300+ sunny days every year. Thus solar panels get an ideal weather to give maximum output throughout the year.

Solar Panel Installation Cost in India can be considered as a secure investment as once you have paid for solar panels initial investment cost, the electricity that it is going to generate for the rest of its life is going to be free of cost. Moreover, as per the Ministry of New and Renewable Energy, the government pays 30% of the installation cost as a subsidy to the installer. The government encourages people to switch to an eco-friendly sources of energy and offers tax credits to those who install solar panels on their rooftops whether it be for commercial or residential purposes.

Solar panels manufactured by big brands like UTL have very low maintenance costs and have a good lifespan, thus maximizing the ROI.

Solar Panel Installation Cost in India

We have seen the rise of solar energy in the last two decades. Prices for solar panels have decreased substantially in the last couple of years. According to the stats, in the last ten years, we have seen the cost of electricity per unit double whereas the cost of solar panels per watt reduced five times. According to the trends we can assume that in the next ten years solar energy will be cheaper than electricity. So you can see that solar is becoming a necessity and it’s the future!

To choose the best solar panel for home come let’s discuss solar panels types and the solar panel price in India.

There are Two Major Types of Solar Panel:

1. Monocrystalline
2. Polycrystalline

The monocrystalline solar panels are identified by black photo-voltaic cells with round edges. Having a higher conversion efficiency than polycrystalline solar panels. Monocrystalline solar panels are known to produce more kilowatt-hours of electricity.

If you are planning to install a solar system but have space limitations then these panels will prove to be more productive per square foot area.

Here are some monocrystalline Solar Panels from UTL Solar: Mono Perc Solar Panels, Mono Solar Panel 165 Watt, Mono Solar Panel 200 Watt, Mono Solar Panel 400 Watt.

While they’re the most efficient solar panels, they’re also the most expensive, since the manufacturing process of single-crystal silicon cells is more complex.

The polycrystalline solar panels are identified by blue-hued photo-voltaic cells with straight edges. Polycrystalline panels are cheaper in price since their manufacturing process is simpler.These solar panels are very durable and budget friendly.

Here are some of the best selling solar panels from UTL Solar: 100 Watt Solar Panel, 160 Watt Solar Panel, 265watt Solar Panel, 330 Watt Solar Panel, 335 Watt Solar Panel, 40 Watt Solar Panel, 60 Watt Solar Panel.

Updated Solar Panel Price in India 2024

UTL Solar Panel Model Name	MRP (Inclusive of all Taxes)	Sale Price (Inclusive of all Taxes)
100 Watt Solar Panel	Rs. 6,600.00	Rs. 4,396.00
160 Watt Solar Panel	Rs. 9,346.00	Rs. 5,242.00
265watt Solar Panel	Rs. 16,415.00	Rs. 10,893.00
335 Watt Solar Panel	Rs. 16,415.00	Rs. 12,429.00
40 Watt Solar Panel	Rs. 2,880.00	Rs. 1,954.00
60 Watt Solar Panel	Rs. 4,140.00	Rs. 2,738.00
Mono Solar Panel 165 Watt	Rs. 9,570.00	Rs. 6,745.00
Mono Solar Panel 200 Watt	Rs. 11,600.00	Rs. 8,820.00
Mono Solar Panel 400 Watt	Rs. 20,800.00	Rs. 16,660.00

All the above models are well engineered and generate excellent power even in the low light. The solar panels offered by UTL give superior performance in all atmospheres. All the polycrystalline solar panels have a real warranty of 25 years.

अगर महीने में 300 यूनिट खर्च होती है तो कौन सा सोलर पैनल लगवाना होगा सही?

UTL Solar itself is a 25 years old brand and known to be one of the most preferred solar brands. So, if you are planning to buy solar panel choose wisely, remember installing solar panels is an investment with long-term benefits.