Solar energy is the light that is radiated from the sun. Along with oxygen and water, heat & light become essential for the existence of human life on earth. Solar panels help in the generation of solar energy which is later used in the household to run the appliances. The energy generated by the sun cannot be used in raw form as these panels produce the direct current while the appliances use alternating current. This conversion of the solar energy from DC to AC is done by a solar inverter. The solar panel cost in India varies depending upon its capacity and the type of panel you are buying.
What is a Solar Panel? How Do These Panels Work?
Solar panels are an arrangement of solar cells that are mounted in a frame and are covered with glass. A solar panel is also called a Solar PV module or maybe a solar plate that converts sunlight into electricity. Solar energy is a clean and renewable source of energy that reduces carbon emissions. A solar panel once installed can function well for about 25 to 30 years.
Whenever adequate solar radiation is available (mainly during daytime), the solar panels generate DC power. You have the option of maximizing this DC power by installing an MPPT charge controller unit. Some portion of this power is fed to an AC load using the charge controller and an inverter, while the leftover power is fed to the battery bank through this controller and is stored for future need. You can withdraw this power from the battery bank when you need it.
Solar Panel Price in India
Just like any other product that is available in the market, the cost of solar panels also depends upon their specifications. Here, the price of solar panels depends upon the capacity of the technology variant, solar panel, and manufacturer. Like said before, its price also depends upon what capacity & technology of panel you are buying. You have wide varieties of options to choose from like you can install 10 watts, 20 watts, 30 watts, 180 watts, or 440 watts solar panels.
The best quality solar panel price ranges from Rs 40 per watt to Rs 85 per watt. This price is likely to increase by 10% by the end of the year since the GST rate is shifting from 5% to 12% in India. You can even go for Solar panels for apartments as they cost you less and help in the generation of ample energy.
Conclusion
The solar panel price in India is much affordable and justified as compared to any other country. India is the largest market of solar modules in the world with as many as 150 solar panel manufacturers. Also, India attracts an abundance of sunlight so it is a wise decision to invest in solar panels for power generation because this way you can do your bit towards a cleaner environment and also make a long-term investment, the benefit of which you can reap for years to come. The selling price of this solar panel starts from somewhat around RS 1000 in India and can go up to Rs 22,000 depending upon the type and the capacity of the panel.