5k Solar Panel Price in India with Subsidy – A Comparison Between Best Brands in India

5k solar panels, commonly known as 5 kilowatt solar panels, are popular choices for renewable energy in India. 

You must be thinking how many units does a 5kw solar system produce? Well, solar panels generate 5,000 watts of electricity from sunshine. They are appropriate for household and small-scale commercial installations.

In India, where the demand for clean energy solutions is on the rise, understanding the 5k solar panel price with subsidies and comparing the offerings of the best brands becomes crucial.

The following article introduces 5k solar panel systems and an analytical look at solar energy in India. We will examine subsidy cost patterns and compare the leading brands in this market. 

After this study, you’ll understand the possibilities and their economic viability in the Indian solar market. So, let’s jump into the 5kW solar panel price in India with subsidy.

Types of Solar System

The Solar power system comes in various types to suit different energy needs and installation scenarios. Here are the primary types of solar power systems:

• Grid-Tied Solar System: This system connects your solar panels to the local electrical grid. It allows you to sell excess electricity back to the grid and often doesn’t require batteries.
• Off-Grid Solar System: Ideal for remote areas, this system is entirely independent and relies on batteries to store excess energy for use when the sun isn’t shining.
• Hybrid Solar System: A combination of grid-tied and off-grid systems, it uses batteries to store energy but can also feed surplus electricity into the grid.
• Residential Solar System: A residential solar system is for homes. It connects solar panels to the grid, letting households generate electricity and lower energy expenditures while staying connected.
• Commercial Solar System: Commercial solar systems are for businesses. It reduces electricity prices and environmental effects by generating solar power through grid-tied installations larger than residential systems.

Each type serves different purposes and suits various energy needs.

How Do Subsidies for Solar Panel Systems Work

India has various subsidies and incentives for solar power systems, including 5kW solar panel systems. Here’s how subsidies for solar panel systems work in India.

1. Central Government Subsidy

The Ministry of New and Renewable Energy (MNRE) of India funds solar power adoption. This subsidized program helps homeowners and businesses install solar panels.

The subsidy depends on system capacity, location, and installation type. It promotes clean, renewable energy and makes solar energy more accessible.

2. State Government Subsidies

State Government Subsidies in India for solar panel systems vary by region, offering financial incentives to encourage solar adoption. Each state sets its own subsidy programs with differing eligibility criteria, subsidy rates, and application procedures.

These subsidies aim to promote clean energy adoption, reduce greenhouse gas emissions, and enhance energy security at the state level. 

3. Net Metering

Net metering is a billing arrangement for solar panel owners that allows them to send excess electricity generated by their solar system back to the grid. A bidirectional meter records both electricity consumption and generation.

When the solar panels produce more electricity than the household uses, the surplus is fed into the grid, earning credits. During low solar production or at night, the user draws electricity from the grid.

Net metering ensures fair compensation and encourages renewable energy adoption while reducing electricity bills.

4. Rooftop Solar Programs

Rooftop Solar Programs are initiatives, often at the state level, that encourage individuals and businesses to install solar panels on their rooftops.

These programs offer financial incentives, subsidies, and streamlined processes to make solar adoption more accessible. 

These programs reduce greenhouse gas emissions, energy prices, and community energy habits by generating clean power on rooftops.

5. Off-Grid Solar Subsidies

Off-grid solar subsidies in India support the installation of standalone solar power systems in areas without reliable grid electricity. These subsidies aim to promote energy access and reduce dependency on fossil fuels.

They typically provide financial assistance or incentives to individuals or communities for purchasing and installing off-grid solar solutions like solar home lighting systems and solar pumps. 

This makes them more affordable and accessible, particularly in remote or rural regions.

For those who find themselves caught between connectivity options, you’ll find it helpful to understand the On-Grid and Off-Grid Solar System – What’s the Difference? as this can influence your subsidy eligibility and system design.

5kW Solar Panel Price in India with Subsidy

While you can calculate estimated 5000-watt solar panel costs in India, it’s advisable to consult a reputable solar company for an accurate quote tailored to your specific needs and location. They can provide a more precise assessment. 

Here is an estimate of 5kw solar panel price in india with subsidy:

Model	5kW Solar Plant Price	Subsidy Applicable	Prices After Subsidy
5kW On-grid solar system	Rs. 3,55,500 Onwards*	Rs. 14,588 X 3 + Rs. 7294 X 2 = 58,352	Rs. 2,97,148 Onwards
5kW Off-grid solar system	Rs. 3,50,000	Not applicable	No change
5kw Hybrid solar system	Rs. 4,50,000	Rs. 14,588 X 3 + Rs. 7294 X 2 = 58,352	Rs. 3,91,648

Best Solar Panel Brands in India

Given below is the list of some popular solar panel brands in India that are known for their quality and performance in the 5kW category. 

As you explore these brand choices, you might be curious to know how these companies fit into the larger picture of solar energy in India. Gain insights by checking out 5 Top Solar Power Plants in India: A Closer Look.

1. Adani Solar

Adani Solar is a company in India that makes special boards called “solar panels” which use sunlight to make electricity.

Imagine them like big, flat, and shiny tiles you put on your roof. Adani Solar is famous because their panels work well and don’t break easily. People trust them to make their homes and businesses powered by the sun.

Adani Solar is part of a big group called the Adani Group, so they have the support and resources to make good solar panels. If you want to use the sun to power your house, you might consider Adani Solar panels because they are known for being dependable.

2. Tata Power Solar

Tata Power Solar, a prominent name in India’s solar industry, secures the top spot among 5kW solar panel brands. Renowned for its unwavering commitment to quality and innovation, Tata Power Solar consistently delivers high-performance panels.

The company’s panels boast excellent efficiency and durability, ensuring optimal energy generation over their long lifespan. Tata Power Solar’s reputation is built on a legacy of reliability and expertise. This makes it a trusted choice for residential and commercial solar installations.

Their dedication to sustainable energy solutions aligns with India’s growing demand for clean power sources, reinforcing their position as a leading brand in the 5kW solar panel segment.

3. Waaree Energies

Waaree Energies is India’s largest and most respected solar panel manufacturer. Their vast product range for residential, commercial, and industrial sectors has helped them dominate the Indian solar market. Their panels function well and last long.

Waaree Energies is known for making reliable and efficient solar panels that fulfill clients’ different energy needs nationwide.

The company remains a leading player in India’s dynamic solar industry, providing sustainable energy solutions to a wide variety of consumers via quality and innovation.

4. Luminous Solar

Luminous Solar, a leading Indian solar brand, offers the cheapest 5kw solar system and other solar solutions. In addition to high-quality panels, they offer inverters and batteries, making them famous

Luminous Solar’s integrated offerings streamline the solar installation process, ensuring compatibility and efficiency in the entire system. This holistic approach streamlines consumer decision-making and provides a one-stop solar energy solution.

Luminous’ reliability and client satisfaction make them a preferred choice for Indian household and commercial solar power users.

FAQs

What is the price of a 5kW solar system in India without subsidy?

Without subsidies, a 5kW solar system in India costs between ₹2.5 lakhs and ₹3.5 lakhs. Location, component quality, and installation costs affect prices. It’s advisable to get current quotes from local suppliers for the most accurate pricing information.

How many ACs can run in a 5kW solar system?

A 5kW solar system can generally run 2 to 3 air conditioners, depending on their size and energy efficiency.

How long will a 5kWh battery last?

Usage patterns, depth of discharge, and battery chemistry affect 5kWh battery lifespan. With everyday cycling, a well-maintained lithium-ion battery can last 10-15 years. The capacity may decrease over time due to degradation. Battery longevity can be extended by proper maintenance and manufacturer requirements.

How many batteries do I need for 5kW?

A 5kW solar system needs 8–12 deep-cycle batteries to store extra energy. The number depends on battery capacity, energy needs, and backup time. Consult a solar professional for an exact calculation.

What is the area required for 5kw solar panel?

Installation of a 5kW solar panel system requires 300 to 400 square feet (28 to 37 square meters) of roof space, depending on panel efficiency, climate, and shading. This room can hold 15–20 15-20-square-foot solar panels. Proper tilt and orientation might also alter the needed area.

Conclusion

When exploring the 5kW solar panel price in India with subsidy, it’s essential to consider the offerings from the best brands in the market. While the cost may vary, these reputable brands often provide superior quality and performance. 

Researching and comparing different options is crucial to making a well-informed decision on 5kW solar panel price in India with subsidy.

Before finalizing your choice, it’s not a bad idea to know How to Invest in Solar Projects (Step By Step Guide) as your purchase could be just the beginning of a renewable investment journey.

Ready to take the next step in renewable energy investment? Join SustVest, your guide to financial and environmental returns, and be a part of the new generation changing the future of energy.