Rooftop Solar Power Plant Cost

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.

Rooftop solar power plant cost. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. The installation of net metering at the site will connect it to grid via state. The longer you use it the higher will be the return of investment. 55 60 per watt depending on the quality of components chosen we have given ballpark numbers for the costs of rooftop power plant components below and this holds for 2016.

The installation of the solar rooftop project will help to generate over 1 12 million electricity per year which will lead to 25 of savings in the power consumption cost. Also there is no fear of power costs increasing as is the norm with grid power. A normal 1 kwp plant without any storage facility costs around inr 1 lakh. With a solar ppa it s like having a power plant on your roof only that power comes from a big ball of fire about 92 96 million miles away.

Save and earn from your idle rooftop space. Average solar irradiation in state is w sq m 1kwp solar rooftop plant will generate on an average over the year kwh of electricity per day considering 5 5 sunshine hours 1. Of india mnre latest guidelines state that now anyone can generate electricity through solar power system and surplus electricity can be export through net metering system. Tata power solar offers solar rooftop for home.

The actual amount you pay for the solar energy that s produced on your roof depends on your location and the solar company you work with but typically the solar company will charge you a lower rate. Joining a community solar farm can be a great option if your roof isn t right for solar or don t want solar panels installed on your property. Even if your roof is good for solar enrolling in a community solar project can still be worth it if the costs are low and the contract terms are beneficial. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.

At present on an average apart from stadium flood lights which runs on dg the stadium consumes 4 lakhs kwh month but with solar installation on an average basis the. Today anyone can set up a solar power plant with a capacity of 1kw to 1mw on your land or rooftop spaces. Solar mango estimates a rooftop solar power plant to cost between rs. Installation costs around 8 for a typical rooftop pv plant.

India is on the cusp of a solar revolution and we at tata power solar have been right at the forefront leading the move towards sustainable energy solutions. The cost of a rooftop solar system varies based on different factors and is. Rooftop solar power plant cost. Size of power plant.