3kW Solar Panel System Price in India

3kW solar panel price in India- A 3kW Solar Panel is a powerful system capable of running household appliances. It can easily generate 12 kWh of electricity in a day, which reduces electricity bills and minimises carbon footprints. In addition, This system can power all kinds of home appliances, including fans, lights, TVs, refrigerators, and even air conditioners, depending on usage patterns and system type. A 3kW on-grid and hybrid solar power plant can even run air conditioners while a 3kW offgrid solar power plant will not be able to run air conditioners.

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A 3kW Solar Panel Price in India can vary between ₹1,50,000 and ₹2,50,000 or more depending on the quality, brand, installation location, and the presence of a battery backup system. If you want to find out the precise cost of a 3kW solar panel in India, including subsidies, please click on the link. 

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Breakdown of 3kW Solar Panel Price in India

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The 3kW Solar Panel Price in India may vary based on several factors such as the type of solar panels used, company, installation location, and the presence of an optional battery backup. 

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Cost Breakdown

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Solar Panels: Depending on the type, Solar Panels range between INR 50,000 - INR 90,000. In addition, Monocrystalline panels are the most common while Topcon panels are slightly expensive.

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Inverter: The price of the inverter may range between INR 25,000 - INR 50,000. 

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Mounting Structure: Depending on the quality and type of roof, the Mounting Structure price ranges between INR 15,000 - INR 45,000.

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Balance of systems: All the other accessories such as electrical protection devices, earthing equipment and cables together will cost between INR 15,000 - INR 30,000.

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Installation Charges: Installation charges depend on the locations where the solar panel needs to be installed. Generally, it ranges between INR10,000 - INR20,000.

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Optimal Battery Backup: Adding a good battery backup increases the overall cost but provides energy security. It ranges between INR30,000 - INR60,000.

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Government Subsidies For 3kW Solar Panels in India

Here are some government subsidies for 3kW Solar panels in India.

Ministry of New and Renewable Energy (MNRE) Subsidy

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The Ministry of New and Renewable Energy (MNRE) provides a subsidy of up to 40% for residential solar panel systems up to 3kW. For systems between 3kW and 10kW, the subsidy is 20%. This subsidy is available only for grid-connected solar panel systems and is given directly to the installer, reducing the upfront cost for the consumer.

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The Indian Government offers several subsidies to enhance the adoption of Solar Panels. These subsidies are beneficial as they can reduce the 3kw Solar Panel Price in India for buyers.

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The CFA calculation mentioned below in the table provides an estimated 3kW solar panel price in India after subsidy.

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In addition, if you want to know more about the Government Subsidies for Solar Panels in India then you can also read our blog for complete information. 

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Income Tax Benefits

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Under Section 80-IA of the Income Tax Act, businesses investing in solar panel systems can claim tax deductions. These are profits derived from the project for a specified number of years.

Return on Investment

Investing in a 3kW solar panel is beneficial for the long term. The Return on Investment can be calculated by considering the cost savings on electricity bills and the payback period. 

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Cost Savings: A 3kW solar panel system can generate around 12-15 units of electricity per day, enhancing savings on your monthly electricity bill. For example, if your monthly electricity consumption is 450 units, a 3kW solar panel system can cover this entirely, and reduce your house bill to zero, especially if net metering is implemented.

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Payback Period: The payback period for a 3kW solar panel in India is generally between 4-6 years. It depends on the cost of installation, electricity tariffs, and available subsidies. After the payback period, the electricity generated is essentially free and provides significant long-term savings.

Conclusion

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A 3kW solar panel price in India depends upon several conditions. Apart from the price, a 3kW solar panel system is an excellent investment for Indian households looking to reduce their electricity bills and contribute to a greener future. The government subsidies, tax incentives, and long-term savings make it a financially good option. In addition, with proper maintenance, a solar panel system can provide clean energy for decades, ensuring a high return on investment and substantial environmental benefits.

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If you want to buy a 3kW Solar panel for your house then Zircle is going to be the fruitful option for you. We will help you to select the best option by analyzing system capacity,  pricing, and quality. In addition, Zircle offers the best quality solar panels from trusted and certified vendors. We have made the entire purchase easy for our potential customers, from selecting the perfect solar solution, and financing options, to placing an order and even taking care of any after-sale needs.

Frequently Asked Questions (FAQs)

What is the 3kw Solar Panel Price in India?

The 3kW Solar Panel Price in India ranges between INR 1,50,000 to 2,50,000 or even more. Price may vary depending on the type of solar panel, location, brand, quality, and battery backup. 

What house appliances can we run on a 3kW solar panel?

Depending on usage patterns and system type, this system can power all home appliances, including fans, lights, TVs, refrigerators, and even air conditioners. 

Can we run AC on a 3kW solar panel?

A 3kW on-grid and hybrid solar power plant can smoothly run air conditioners as they are also connected to the electricity grid while a 3kW offgrid solar power plant will not be able to run air conditioners.

How many solar panels are required for 3 kW?

2 Solar panels of 545-570 Watts are required for 1 kW. Therefore, for 3 kW, 6 solar panels are required. However, it can vary depending on PV module capacity and technology.

Switch to Solar – Inquire About 3 kW Panel Pricing Today

So, what are you waiting for? Switch to solar today and enjoy certified & long-term benefits, tailored to your energy requirements. Compare 3kW solar panels’ pricing and features. 

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