2kW Solar System Price in Tamil Nadu, India (2024) [Updated]
The demand for solar energy systems in Tamil Nadu has been on the rise due to increasing electricity costs and a growing awareness of environmental sustainability. If you’re considering installing a solar system, a 2kW solar power system can be a great option for small households or businesses looking to reduce their energy bills while contributing to green energy initiatives.
In this blog, we’ll explore the price of a 2kW solar system in Tamil Nadu as of 2024, discuss the factors influencing the cost, and provide insights into the benefits of installing such a system.
What is a 2kW Solar System?
A 2kW solar system typically consists of solar panels that can generate 2 kilowatts (kW) of electricity per hour under ideal conditions. For an average household or small business, this size system can cover a substantial portion of daily electricity needs.
Price of a 2kW Solar System in Tamil Nadu (2024)
As of 2024, the price of a 2kW solar system in Tamil Nadu can vary based on several factors such as the type of solar panels, installation costs, government subsidies, and more. Here’s a breakdown of the approximate price range:
- On-Grid Solar System: ₹1.2 lakh to ₹1.5 lakh
- This system is connected to the electricity grid, and excess energy generated can be sent back to the grid for credits. Suitable for areas with reliable grid access.
- Off-Grid Solar System: ₹1.5 lakh to ₹1.8 lakh
- This system operates independently of the grid and requires battery storage. It is ideal for areas with frequent power outages or no grid access.
- Hybrid Solar System: ₹1.6 lakh to ₹2 lakh
- A hybrid system combines both on-grid and off-grid features, offering battery storage along with grid connectivity. It’s an excellent choice for both backup power and energy savings.
Key Factors Affecting Solar System Pricing
- Type of Solar Panels: The cost varies depending on whether you choose polycrystalline or monocrystalline panels. Monocrystalline panels are typically more efficient but come at a higher cost.
- Installation Costs: Labor charges and complexity of installation can affect the total price. Rooftop installations, for example, may cost more depending on the structure of the roof.
- Battery Storage: Off-grid and hybrid systems require battery storage, which increases the total cost. The capacity and type of battery used will significantly impact the price.
- Government Subsidies: Tamil Nadu offers solar subsidies under various central and state schemes. These can reduce the overall cost of installation by up to 30-40%, making solar systems more affordable.
- Maintenance Costs: While solar systems have low maintenance requirements, annual cleaning and routine checks are necessary to ensure efficiency, which adds to the long-term cost.
Benefits of Installing a 2kW Solar System
- Reduced Electricity Bills: A 2kW solar system can significantly cut your electricity bills by generating free power from the sun. On average, it can produce around 8-10 units of electricity per day, depending on sunlight exposure.
- Return on Investment (ROI): With solar subsidies and reduced electricity bills, homeowners and small businesses can see a return on investment in 4-6 years, making it a financially smart choice.
- Environmental Impact: Solar power is a clean, renewable source of energy. By installing a solar system, you are reducing your carbon footprint and helping in the fight against climate change.
- Increased Property Value: Homes and businesses with solar installations are more attractive to buyers and often command a higher resale value due to their energy savings and sustainable features.
Government Subsidies and Schemes in Tamil Nadu
Tamil Nadu has been proactive in promoting solar energy, offering various incentives and subsidies through the Tamil Nadu Energy Development Agency (TEDA). Homeowners and small businesses can take advantage of these financial incentives, which reduce the initial cost of installation and make solar power more accessible.
Conclusion
Installing a 2kW solar system in Tamil Nadu in 2024 is an excellent investment for households and small businesses looking to reduce energy costs and promote sustainability. With prices ranging from ₹1.2 lakh to ₹2 lakh, depending on the type of system, and the availability of government subsidies, now is the perfect time to switch to solar power. Not only will you enjoy long-term savings, but you’ll also contribute to a greener future. If you’re considering a solar installation, consult with a trusted solar provider to assess your energy needs, roof suitability, and the best system options for your home or business. Blue Bright Energy is a leading Solar service provider in Madurai, offering reliable solar solutions tailored to meet your energy requirements.