Solar Panel Price in Delhi

Solar Panel Price in Delhi - Solar energy is a popular green energy source that powers homes, businesses, industries, and farms. Thanks to the power of renewable energy, many consumers are turning to solar power to reduce dependence on the grid and lower monthly energy bills. The Government of India provides subsidies to encourage the use of solar systems for residential energy needs. This funding scheme aims to bring down the cost of solar panels in Delhi and across India for the residential sector. Everyone from small and large houses to other large shared and apartment buildings can benefit from solar panels in Delhi.

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Go Solar is a trending concept in India that has become very popular, especially in the capital of India - Delhi. Most people are looking for the best solar panel price in Delhi. If you're in the same race, it's time to stop. At Zircle, we end the competition by offering the best solar panels in Delhi. 

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Now the question is what is the price of solar panels and what is the total installation cost? Worry not!

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At gozircle.com the starting price of solar panels are available at affordable prices. Usually, the price of a solar panel in Delhi ranges between approximately Rs 50,000 and Rs 80,000 per kW. The location and installation in Delhi can affect these prices.

Solar System Price With Subsidy in Delhi 

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The Delhi government is pushing to optimise the cost of solar panels in Delhi and subsidies for residential solar installations. The program was created to build societies and associations with homeowners using rooftop solar panels to generate small amounts of electricity on-site, rather than relying on a grid source. The share of solar energy will increase to 50% of the planned consumption of Delhi by 2030. The installation costs and operating costs of solar panels are lower than the cost of electricity after considering the budget. The budget for solar panels in Delhi varies depending on the size of the solar system.

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Delhi Government Solar Subsidy

Under the Delhi Solar Energy Policy 2023, several types of solar power users receive financial incentives on a monthly basis. In addition, it is based on the amount of electricity that their solar panels generate. This is known as the Generation-Based Incentive (GBI). Listed below is a GBI breakdown for different types of solar installations:

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Residential Systems (Up to 3 kW)

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If you install a solar power system that has a capacity of up to 3 kW at your home then you will receive ₹3 for every unit (kWh) of electricity that your system generates.

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Residential Systems (Above 3 kW and up to 10 kW)

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For solar systems installed at home with a capacity greater than 3 kW but not exceeding 10 kW, the person will get ₹2 per unit of electricity generated.

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Group Housing Societies/Residential Welfare Associations

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If your residential complex or housing society has a solar power system with a total capacity of up to 500 kW (with each individual house having up to 10 kW) then the incentive is ₹2 per unit of electricity generated.

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Commercial and Industrial Systems

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For commercial and industrial solar installations, the GBI is ₹1 per unit of electricity generated, but this rate applies only to the first 200 MW of solar capacity deployed in these sectors.

These incentives are designed to encourage more people and businesses to invest in solar energy by providing them with financial rewards based on the amount of clean electricity they generate.

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Return on Expenses By Solar Panels in Delhi

Solar systems have an initial cost of installation and equipment but can save you money every month due to the elimination of utility bills. Additionally, most solar panel systems have a lifespan of 25-30 years, which helps pay off the initial installation costs over time. On the other hand, electricity bills can vary greatly due to higher demand months and seasonal variations. Once you install the solar panel on the roof of your space, this investment gives you lifetime returns. To make it understandable let’s get an example of a 1 kW solar panel. 

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The price of solar panels can vary depending on the model, quality of product, company, size, and many more reasons. At gozircle.com you can find the ideal match for your needs. 

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• Simply start with digital assistance or by booking a call with our experts. 
• Then choose your vendor by looking across all the top verified solar companies that offer great deals. 
• After selecting the product of your choice, book the order by paying a small amount of the total cost. 
• Zircle will help you with subsidies, applications, permits, delivery, and installation until your solar panel starts working properly.
• Then enjoy the lifetime support of Zircle.  

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To get more information about the Solar Panel Pricing in Delhi, contact us

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