Solar Panel Cost Guide in 2021

We are all aware of climate change and its repercussions on the environment. This sense of awareness has driven many to turn to solar energy to an alternative to other exhaustive and polluting forms. Solar panels are the ultimate solution to harness solar energy and use it for practical work.

Most of the people in India are unaware of the price, features, and functioning of the solar panel, and hence, they refrain from installing one. Here in this article, you will be guided through the cost of Solar panel installation in India.

Firstly, you need to understand that the price of solar panels varies depending on several factors, including the type of solar panels (thermal or photovoltaic), type of technology used (monocrystalline or polycrystalline), size of the panels, quality of the collectors, quality of the glass, the resin, the thickness frame, and so on!

A solar panel transforms the incoming solar radiation into electricity with an efficiency of around 20%. This means that if the incoming solar radiation is 1000 kWh energy, you will have usable energy of 200kWh. Therefore, you can regulate the area that the solar panels cover according to your need.

Solar panel installation cost in India in 2021 is currently marked at approximately Rs. 7 per watt. But there are many more factors that may influence the price of the installation, some of which are listed below:

1. Solar Panel Brand

Like any other device in the market, your solar panel brand can make a huge difference. The solar panel that you use must be of the latest technology as well as best suited for your requirements.

2. Solar Panel Type

 

The solar panel can be of two types- monocrystalline or polycrystalline. A crystalline solar panel is advised since it is reliable, recyclable, does not consume rare earth, and is better for the environment.

3. Solar Panel Installation

 

Installation is an essential process for the solar panel to work efficiently. Even if you choose the best model, it will not work efficiently if it is not correctly installed. 

Even after the successful installation of the solar panels, you have to take care of them, keeping in mind not walking on the solar panels, not making loops with the panel cables, and not trying to avoid the blockage of sunlight near the panels.

Overall, if you have decided to get solar panels installed in your homes or workplace, it is an excellent decision concerning finances and the preservation of the environment. With only the initial installation expense and some minor yearly maintenance, you can reap the benefits of solar energy for a long time.