Solar Panel Installation in Kerala: Cost, Subsidies, and Benefits

egetpltd
23 hours ago
2 min read

Switching to solar energy is becoming increasingly popular in Kerala, thanks to its environmental benefits and long-term savings. However, the cost of installation, subsidy availability, and overall worth can vary. In this blog, we will answer common questions and provide insights to help you decide whether solar power is the right choice for you.

What is the Cost of Solar Panel Installation in Kerala?

The cost of solar panel installation in Kerala largely depends on factors such as the system capacity, quality of panels, installation charges, and the type of inverter used. On average, the cost ranges from ₹45,000 to ₹60,000 per kW. Therefore, installing a 5kW solar system can cost between ₹2.25 lakh to ₹3 lakh.

Breakdown of Costs:

Solar Panels: ₹25,000 - ₹35,000 per kW
Inverter: ₹15,000 - ₹25,000 per kW
Installation and Maintenance: ₹5,000 - ₹10,000 per kW

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Is There a Subsidy for Solar Power in Kerala?

Yes, the Kerala government provides subsidies for solar panel installations under various schemes. Residential and institutional consumers can avail of subsidies ranging from 30% to 40% of the total installation cost. The subsidy is mainly offered under the MNRE (Ministry of New and Renewable Energy) schemes.

How to Apply for a Solar Subsidy:

Visit the official ANERT (Agency for Non-Conventional Energy and Rural Technology) website.
Register for the subsidy program by filling out the application form.
Submit the required documents, including proof of residence and system capacity.
After verification, the subsidy amount will be credited to your account.

How Many ACs Can Run on a 5kW Solar System?

A 5kW solar system generates approximately 20-25 units per day, which is sufficient to run:

2 to 3 medium-sized air conditioners (1.5 tons) for about 4-5 hours.
1 AC along with other household appliances throughout the day.

However, actual performance may vary depending on factors like panel efficiency, sunlight availability, and power consumption patterns.

Is a Solar Panel Worth It in Kerala?

Yes, installing solar panels in Kerala is generally worth it due to the state’s high solar insolation and increasing electricity costs. Considering the initial investment, the payback period is typically 4 to 6 years. After that, you can enjoy free electricity for the panel’s lifetime, which is usually around 25 years.

Benefits of Solar Panels in Kerala:

Reduction in Electricity Bills: Substantial savings on monthly bills.
Government Subsidies: Reduces upfront investment.
Environmental Impact: Decreased carbon footprint and cleaner energy.
Return on Investment: Long-term savings outweigh initial costs.

Final Thoughts

Solar power is a sustainable and cost-effective solution for households and businesses in Kerala. While the initial investment might seem significant, the long-term savings and government subsidies make it worthwhile. To make an informed decision, calculate your energy needs and explore the available subsidy programs.

For more insights on solar energy solutions in Kerala, stay tuned to our blog!