3kW Solar Panel Price in India With Subsidy

As electricity prices continue to rise, many homeowners in Uttar Pradesh are exploring the benefits of solar energy. Installing a 3kW solar panel system in your home can significantly reduce your monthly electricity bills while helping to reduce your carbon footprint. But what about the 3kW solar panel price in India? With government subsidies, this investment becomes even more affordable, making it a smart choice for homeowners looking to switch to renewable energy.

In this article, we will walk you through the 3kW solar panel price in India with subsidy, the components of a solar system, and how you can take advantage of the available subsidies to make your switch to solar more economical.

Overview of a 3kW Solar PV System

A 3kW solar panel system is ideal for medium-sized homes in Uttar Pradesh. It can generate enough power to support common household appliances, helping you rely less on electricity generated from fossil fuels. A 3kW solar system can produce up to 12 units of electricity per day, which equals around 360 units per month.

To install a 3kW solar panel system, you will need the following components:

  • Solar Panels
  • Solar Inverter
  • Mounting Structures
  • Solar Battery (optional for hybrid/off-grid systems)
  • DC and AC combiner boxes
  • Cables, conduit pipes, earthing rods, lightning arresters, MC4 connectors, and other accessories.

Now, let’s break down the 3kW solar panel price in India and how subsidies can reduce this cost significantly.

Price of a 3kW Solar Panel System in India Without Subsidy

Before applying subsidies, the price of a 3kW solar panel system in India can range between ₹1,80,000 to ₹2,10,000. This price includes the cost of high-quality Tier-1 solar panels, inverters, mounting structures, and installation services. The exact price depends on factors such as:

  • Type of Solar Panel: Monocrystalline panels are more efficient but come at a higher cost than polycrystalline panels.
  • Brand: The quality of the solar panels and other system components can affect the overall cost. Reputed brands generally offer better warranties and higher durability.
  • Additional Services: If you opt for value-added services such as extended warranties or post-installation maintenance, the overall price may increase.

3kW Solar Panel Price in India With Subsidy

The 3kW solar panel price in India with subsidy becomes much more affordable with the central and state government subsidies. As of now, both the central government and the Uttar Pradesh state government are offering financial incentives to promote solar energy.

Here’s a breakdown of the subsidies:

  1. Central Government Subsidy (DBT):
    • ₹30,000/kW for systems up to 2kW
    • ₹18,000/kW for systems between 2-3kW
  2. UP State Government Subsidy:
    • A maximum of ₹30,000 is available for residential rooftop systems.

By combining the central subsidy and the state subsidy, the overall price of a 3kW solar panel system in India can drop significantly.

Example Calculation: 3 kW Solar Panel Price in India With Subsidy

Let’s assume the cost of a 3kW solar panel system in India is around ₹1,95,000. After applying the subsidies, the cost would be reduced as follows:

  • Central Government Subsidy:
    ₹30,000 for the first 2 kW + ₹18,000 for the remaining 1 kW = ₹78,000
  • State Government Subsidy (Applicable for UP Customers):
    ₹30,000 (capped)

Total Subsidy: ₹78,000 + ₹30,000 = ₹1,08,000

So, the final 3kW solar panel price in India (UP) with subsidy would be approximately:

₹1,95,000 – ₹1,08,000 = ₹87,000

Whereas, the 3kW solar panel price in India (Non-UP customers) with subsidy will be approximately:

1,95,000 – ₹78,000 = ₹1,17,000

This means that after applying both subsidies, you can get a 3kW solar panel system in India for just ₹87,000 – 1,17,000.

Benefits of Installing a 3 kW Solar Panel System

Switching to a 3 kW solar panel system offers several advantages:

  • Lower Electricity Bills: With the ability to generate up to 12 units of electricity per day, your dependency on grid electricity decreases, leading to substantial savings on your monthly bills.
  • Increased Property Value: Installing solar panels can increase the resale value of your home, making it more attractive to potential buyers.
  • Environmental Impact: By choosing solar energy, you are contributing to the reduction of greenhouse gas emissions, making a positive impact on the environment.

How to Apply for Solar Subsidy

Here’s a step-by-step guide to applying for the solar subsidy in UP under the DBT scheme:

  1. Visit the National Portal for Rooftop Solar
    Start by registering on the National Portal for Rooftop Solar.
  2. Submit Your Application
    Complete your application for rooftop solar installation. A local DISCOM officer will review your application and, if approved, issue an NOC (No Objection Certificate).
  3. Select ZunRoof as Your Solar Vendor
    Choose ZunRoof as your vendor and discuss the project details with our experts.
  4. Sign the Agreement and Start Installation
    After signing the agreement and making the payment, our team will begin the installation process.
  5. Receive the Subsidy
    After installation and commissioning, submit your bank details on the portal to receive the subsidy amount directly into your account.

Conclusion

The 3kW solar panel price with subsidy has made solar energy more affordable for homeowners across Uttar Pradesh. By taking advantage of the central and state government subsidies, you can install a high-quality solar panel system at a significantly reduced cost. With ZunRoof’s expertise, transitioning to solar energy is not only cost-effective but also easy and reliable.

Make the switch to solar energy today with ZunRoof and enjoy the long-term financial and environmental benefits! Stay tuned to our blog for more informative content.

FAQs

Q. What is the final 3kW solar panel price in UP with subsidy?
After applying both central and state subsidies, the price of a 3 kW solar panel system in UP can be reduced to approximately ₹87,000.

Q. How much energy will a 3 kW solar system generate?
A 3 kW solar panel system generates around 12 units of electricity per day, which equals approximately 360 units per month.

Q. What are the benefits of a 3 kW solar panel system?
Key benefits include lower electricity bills, increased property value, and eligibility for government subsidies, making solar an eco-friendly and economical investment.