2kW Solar System Price in India with Subsidy(2024)

2kW Solar System Price in India with Subsidy

With the option of a compact 2kW solar panel system, nearly every small home or office can go solar.  It can produce electricity to support the day-to-day lifestyle of 1-3 people. Not only does solar help you generate your own free-of-cost power but also gives green credentials, making your space more energy-efficient and environmentally friendly. With declining 2kW solar panel prices and government subsidy options, solar is now more affordable than you think.


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The Working of a 2kW Solar Panel System and Its Benefits

When selecting solar components, you can choose from different manufacturers and options. However, the fundamental principle behind the working of solar PV technology stays the same. The primary energy-generating component is solar panels. They are made up of a large number of solar cells. When activated through sunlight, these cells generate an electric charge through what is called the photovoltaic effect. 

The solar inverter in your 2kW solar system receives this direct current and turns it into AC electricity suitable to run your appliances. Solar promises incredible financial returns and savings for 25-30 years. These benefits are likely to exceed your 2kW solar system prices by a great margin.

Also Read: 1kW Solar System Price in India with Subsidy

Cost Savings

Lower electricity bills make solar a lucrative investment for both households and offices. For a small home occupied by 1-3 people, solar panels can bear the entire load and thus virtually eliminate electric bills. These savings eventually eclipses your 2-kilowatt solar panel price in India in 6-8 years, whereupon you can say that your panels have paid for themselves. Given the high and volatile grid tariff rates, solar gives you the opportunity to secure a free, reliable power supply for your home for the next 25-30 years.

Solar Works Everywhere

India’s geographical location and mostly tropical weather work in its favour for generating solar energy. The country receives appreciable solar radiation amounting to 3,000 hours of sunshine annually. Therefore, investing in a 2kW solar panel system means that you can count on your solar panels to work efficiently and generate maximum solar energy for your home.

Environmental Gains

Each kilowatt-hour (kWh) of solar produced and used in your home offsets your withdrawal of grid-supplied electricity which is sourced from conventional energy resources. Promoting the use of solar energy in residential and commercial use reduces carbon emissions and can mitigate climate change, leading to a cleaner and greener future.

2 Kilowatt Solar Panel System Price List & Specifications

What would you choose – Monocrystalline or Polycrystalline solar panels? This is one of the considerations that can reduce or inflate your 2-kilowatt solar panel prices. Likewise, your 2.5kW solar system prices in India also include the cost of solar batteries, a solar inverter, and the type of mounting structure used to set up the solar panel array. The standard prices of a 2kW solar system are outlined below.

Model

2kW Solar Price

2kW On-grid solar system

Rs. 1,44,000 Onwards*

2kW Off-grid solar system

Rs. 1,60,000

2kW Hybrid solar system

Rs. 2,00,000

Key specifications of a 2kW solar panel system:

Key components Solar panels (at least 75% performance efficiency), solar mounting structure, solar inverter, solar batteries (optional), the balance of system (cables, fuses, MCBs, and Distribution boxes)

*All the components should be in compliance with MNRE guidelines and ALMM standards to be eligible under the subsidy scheme.

Load capacity Suitable for running up to 1600 watts
Energy output – 8 kWh of electricity per day

– 240 kWh of electricity per month 

– 2880 kWh of electricity per year

Appliances powered Common home appliances such as fans, a TV, LEDs, a fridge, and one AC (for a few hours), excluding motors.
Area required for 2kW solar panel system A 200 sq ft area free of shade

Different Types of 2kW Home Solar Panel Systems

Understanding each of the three different types of home solar systems available for commercial and domestic use is the first step towards determining the right way of going solar. Your 2kW solar system prices in India vary depending on the type of system you choose as each has a varying set of components.

Also Read: Complete Details About 3kW Solar Panel System

  • On-grid 2kW solar system (with the flexibility and benefits of net metering)
  • Off-grid 2kW solar system (with solar batteries)
  • Hybrid 2kW solar system (with solar battery storage and grid connection)

2kW On-grid Solar Panel System Specifications

Composed of solar panels and an inverter and regulated under the net metering mechanism, a grid-connected set-up is the most cost-effective option for consumers. You can find highly competitive prices for 2kW on-grid solar systems in India, especially if you factor in the subsidy aid available for households.

How many units per day do 2kW solar panels generate? The answer is 8 kWh. This is enough to power small homes and commercial spaces. In an on-grid framework, your 2kW solar system is grid-interactive and billed as per the net metering regulations. This means that unused solar energy is never wasted and is fed to the grid for a solar credit on your electric bill.

Also Read: All About 5kW Solar Panel System

Your daily solar production fluctuates based on the time of day, weather conditions, and seasonality. So if solar energy is lower than your demand, you can draw grid electricity at specified tariff rates. The net meter records the solar credits for energy transfers and levies a charge for withdrawals and you’ll be required to settle the net difference.

2kW Off-grid Solar Panel System Specifications

Not all regions in India have access to grid electricity. Thankfully, your home or office can put together its own powerhouse with an off-grid solar system. The price of a 2kW off-grid solar system in India includes the cost of solar panels, an inverter, and a few solar batteries.

A battery bank is indispensable in the functioning of the off-grid framework and serves as an additional source of power and stores all the unused solar energy. When solar energy production dips due to weather fluctuations or during the night hours, your home or office still gets the electricity required from solar batteries.

2kW Hybrid Solar Panel System Specifications

A hybrid framework combines the best of on-grid and off-grid setups while doing away with their respective limitations. In addition to the flexibility and benefits of the net metering mechanism, you also have the reliability of solar batteries which kicks into action when your region faces power cuts.

On days when solar energy output exceeds your daily demand for electricity, the unused units are stored in solar batteries. Any further surplus generated by your 2kW solar panels is transferred to the local grid for solar credits. A hybrid system helps you become power independent and offsets a large part of your annual electricity costs.

2kW Solar Panel System Facts

Number of solar panels: Most homes and businesses prefer 370W panels to generate more power for fewer panels and less space. Nonetheless, assuming that you pick 250W panels, your 2kW solar system is likely to have 8 solar panels. 2kW solar panel prices in India vary depending on the type of solar panels you choose.

Energy output: On average, 2kW solar systems offer 8kWh of electricity in a day with ideal weather conditions. This amounts to 240 units a month and 2880 units annually.

Area required: For 2kW solar panels installation, a shade-free area of 200 sq ft is sufficient to set up a 2kW solar panel array.

Warranty: Most manufacturers offer 25 years of performance warranty on solar panels and 5-10 years of product warranty on solar inverters and batteries.

Subsidy: Residential applications of 2kW solar systems are eligible for financial aid under the MNRE’s national rooftop solar subsidy scheme. To be eligible for 2kW solar panel prices in India with subsidy, you must select indigenously manufactured solar panels and other solar components. Also, hire only an empanelled solar vendor to install your home solar energy plant. Visit the National Portal for Rooftop Solar to learn all about the scheme and submit your subsidy application online.

2kW Solar Panel System Installation Cost in India

To break it down, the cost of installing a 2kW solar system varies based on the shape of your roof, the size of your home and roof orientation. Also, you have different options when it comes to the module mounting structure, from pergola style to standard mount. Therefore, the best approach is to connect with multiple vendors and obtain quotes. 

Also Read: 10kW Solar System Price in India with Subsidy

Better yet, you can hire an experienced solar company to execute your solar project. Amplus Solar provides complete solar services, from initial assessment and system design to permit acquisition and installation in compliance with safety and performance standards.

2kW Solar Panel System Subsidy in India

Under the simplified subsidy program, the following Central Financial Assistance (CFA)/ Central Government Subsidy are available for rooftop solar plants installed for residential use. All homeowners across India can register on the National Portal for Rooftop Solar and start their subsidy application and disbursement process online for a more affordable 2kW solar system price in India with subsidy.

Rooftop Solar System Capacity

Applicable Subsidy (₹)

Up to 3 kW

18,000/kW
Above 3 kW and up to 10 kW

9,000/kW*

Above 10 kW

1,17,000**

Note: *₹18,000/kW for the first 3 kW and ₹9,000/kW for the rest of the capacity up to 10 kW.

**The subsidy amount is fixed for rooftop solar systems above 10 kW capacity.

2kW Solar Panel System Price in India with Subsidy

Here are the CFA calculations for 2000-watt solar panel prices in India. To find out the accurate cost of solar for your home or office, you are advised to connect with a trusted solar company.

Model

2kW Solar Plant Price Subsidy Applicable Prices After Subsidy

2kW On-grid solar system

Rs. 1,44,000 Onwards* Rs. 18,000 X 2

= 36,000

Rs. 1,08,000 Onwards*
2kW Off-grid solar system Rs. 1,60,000 Not applicable

No change

2kw Hybrid solar system Rs. 2,00,000 Rs. 18,000 X 2

= 36,000

Rs. 1,64,000

Note: Note that the subsidy amount calculation doesn’t include the cost of solar batteries and is fixed for each kW across different system capacity ranges

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Approx monthly electricity bill (INR)*

Frequently Asked Questions – 2kW Solar Panel System

Is it possible to expand a 2kW solar panel system?

For budgetary reasons, many consumers choose a system capacity lower than what is ideally required to power their home or office. It’s a smart approach to reducing electricity bills and discovering your location’s true solar potential and the associated financial benefits. As you start redeeming the advantages of using solar electricity, the thought of adding more solar panels will definitely pop up.

What is my current daily electricity consumption?

Determining how much electricity you consume annually is important to decide if a 2kW solar system makes sense for you. You’ll need your monthly utility bills for the last 12 months to ascertain your annual energy usage and don’t forget to factor in your future energy demands. Reach out to a solar expert to obtain an accurate estimate.

How much power will a 2kW solar system generate?

With a solar power system of 2kW power, you can receive a daily supply of 8 kWh of electricity. This amounts to a monthly output of 240 kWh (2880 kWh in a year).

What can I run on a 2kW panel solar system?

A 2kW solar plant can produce enough electricity to run a small 2bhk house. It can power 2 fans, a TV, LEDs, a fridge, and one AC (only for a few hours).

Can a 2kW solar panel run AC?

A 2kW solar power system can power one small-size AC for approximately 5-8 hours on sunny days. You can consider a 1-1.5 ton AC size to run on a 2kW solar system.

 

How much area is required for a 2 kW solar panel system?

You need shade-free rooftop space of 200 square feet to install a 2kW solar panel array. The accurate space requirement depends on the size and number of solar panels used.

Do power cuts affect homes with 2kW solar systems? 

If you integrate solar batteries into your home solar system, you can avoid blackouts. In an on-grid framework, your 2kW solar system shuts down so that your panels don’t transfer energy to the grid and undermine the safety of linemen.

What financing options are available for getting a 2kW solar system?

You can avoid the upfront cost of solar by opting for flexible financing options, such as solar loans and leasing. Leading solar companies, like Amplus Solar, can help you go solar at zero cost and start enjoying the advantages immediately after installation.

How long do 2kW solar panels last?

The standard life expectancy of solar panels differs. Many vendors provide high-quality solar panels with a warranty of 25 years. However, when your 2kW solar panels cross the 25 years mark, it doesn’t mean they lose all value. In most scenarios, solar panels continue to generate electricity even after 25 years but at a reduced efficiency level.

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