Installing a 3kW Solar System can be an optimal starting capacity for many Indian homes and commercial establishments looking to adopt solar energy. This article provides a detailed breakup of the 3kw solar panel price in india along with applicable government subsidies.

What is a 3kW Solar System?

A 3kW solar photovoltaic (PV) rooftop system has the following typical specifications:

• System size: 3 kilowatts
• Number of panels: 12 panels of 250 watts each totaling 3kW
• Panel requirement: 300 sq.ft. shadow-free rooftop area
• Output: 12-15 units per day depending on sunlight

Output and Applications:

• Electricity Generation: A 3kW solar system in India can generate an average of 12-15 units of electricity per day, depending on location, weather conditions, and panel efficiency.
• Suitable for: Homes, small offices, shops, and other establishments with moderate electricity consumption. It can power appliances like lights, fans, televisions, refrigerators, and computers.

Detailed 3kW Solar System Price in India

The table below shows the current price range for installing a complete 3kW solar system in different cities across India:

The national average 3kW solar system cost thus ranges from ₹1.7 Lakhs to ₹2.1 Lakhs encompassing panel, inverter, balance of system components, installation & commissioning charges.

However, this cost can vary across states based on a number of factors:

Key Determinants of 3kW Solar System Price:

• Type of modules/inverters (imported vs local manufactured)
• Additional customizations like panel cleaning tools, monitoring systems etc.
• Roof structure and accessibility adding to labor charges
• Logistics and transportation costs due to location
• Design complexity for constrained layouts
• Brand value and installer experience/reputation
• State policies, net-metering limits also impact pricing

The 3kW solar system cost mentioned above is only an indicative range. Exact quotes need to be taken from reputed solar installers in your city providing high quality equipment, warranty and service.

3kw Solar Panel Price in India Price Breakup

Here is an overview of the typical price breakup covering all the key components that make up a complete 3kW solar power system:

As evident, the solar modules form the bulk of the overall system cost followed by the inverter. Additional expenses are incurred for the balance of system components like mounts, junction boxes, cables etc.

There is also a separate installation charge for the site survey, system design, physical installation, wiring, testing and commissioning activities.

The total cost of equipment plus installation amounts to Rs. 1.71 Lakhs for a 3kW solar system. However, actual quotes from solar companies may vary across cities based on above discussed factors.

3kw Solar Panel Price in India with Subsidy

The Indian government offers a generous subsidy of 40% on 3kW solar systems under Phase II of the Grid Connected Rooftop Solar scheme applicable for residential, institutional and social sector consumers.

Below mentioned Table gives you an overview on 3kw solar system price in india with subsidy

This subsidy amount is credited directly to the installer/EPC after successful commissioning of the rooftop solar plant.

Note:

• The prices mentioned are approximate and can vary depending on the brand, quality of components, and installation complexity.
• The subsidy is applicable for residential rooftop solar installations under the Central Financial Assistance (CFA) scheme.
• The subsidy amount for systems up to 3kW is ₹18,000 per kW.

The key steps to avail the solar subsidy are:

1. Determine appropriate solar system size for your electricity load
2. Find a qualified installer impanelled under the net-metering policy
3. Installer will survey site, design system, provide pricing estimate
4. Apply for grid connectivity through DISCOM portal
5. Installer submits online subsidy application on your behalf
6. Pay the discounted price after subsidy to installer
7. Installation completed and net-metering approval obtained from DISCOM
8. Subsidy amount reimbursed to the installer after commissioning

Therefore, for a 3kW solar system, the government provides a subsidy of Rs.54,000. This significantly reduces the out-of-pocket cost for the consumer.

Book Your Free Solar Engineer Visit

3kW Solar System Price after Subsidy City Wise

Factoring in the 40% subsidy amount, here is the final price payable for consumers across various cities after deducting the subsidy component:

So in summary, the effective out-of-pocket cost payable for installing a 3kW rooftop solar system after claiming the 40% government subsidy ranges from ₹1.36 Lakhs to ₹1.61 Lakhs based on the city and exact specifications.

This offers a great value proposition for residential consumers to adopt solar energy.

Returns from 3kW Solar System

Apart from subsidy benefits, adopting solar also delivers excellent returns in terms of long-term savings on electricity bills.

Indicative savings from a 3kW solar system:

• Units generated per month: Average 300 units x 12 months = 3600 units per year
• Value of solar units: 3600 units x Rs. 8 per unit export tariff = Rs. 28,800 per year
• Savings on grid power not consumed from DISCOM = Additional Rs. 8,000-12,000 per year

Total annual savings = Rs. 36,000 to Rs. 40,000

So in 5 years, solar systems can potentially save Rs. 1.8 Lakhs to Rs. 2 Lakhs in avoided power bills for consumers displacing expensive grid electricity.

With low upfront investment due to subsidy, short payback periods of 3-4 years can be realized from solar systems making it a smart investment.

Conclusion

Installing a 3kW solar rooftop system for homes or commercial establishments with sufficient load is a prudent starting capacity before considering further expansion.

The total cost for a 3kW solar system in India ranges from ₹1.7 Lakhs to ₹2.1 Lakhs covering all equipment and installation charges.

Factoring in the 40% capital subsidy offered by the central government under phase II of the rooftop solar scheme, the effective consumer price comes further down to ₹1.36 Lakhs to ₹1.61 Lakhs making adoption very affordable.

With short payback periods and high IRR driven by recurring savings on monthly power bills, a 3kW solar PV system presents an attractive value proposition for Indian consumers to go solar.