What is a Solar energy system?

A solar energy system captures sunlight and converts it into usable electricity through a Photovoltaic (PV) system. PV system has a collection of solar products such as solar panels, solar inverters, solar batteries, and balancing of the solar system (dc wire, lighting arrestor, earthling kit, installation accessories). The requirement of a particular solar product in an installation depends on several conditions and types of solar or PV systems.

Three main types of solar systems are available in India for residential to commercial uses and urban to remote areas.

1. The on-grid solar system is Grid Connected Solar System that works with a regional Grid. This system is ideal for reducing electricity bills by up to 80%. A solar panel, solar inverter, and balancing of the solar system are the main components of a grid-connected solar system. Avg. price of 1kW on a grid solar system is Rs. 70,000 to 80,000 (including all expenses).

2. An off-grid solar system can generate and stores electricity independently of the grid. The off-grid solar system is the best alternative energy source for rural areas, as it has an energy storage system for power shortages. The price of this solar depends on the size and type of energy storage system (Battery). For close estimation, we will consider the following specification:

Solar Inverter — Microtek 2550 (1 nos.)

Solar Battery — 150 Ah — 5yr Warranty (2 nos.)

Solar Panels — SHARK 440W (2 nos.)

Installation kit — 2 Panels Stand, 4sqmm 15-meter pair DC wire, and (2in 1 + 1in 1) MC4 connectors.

The sale price of this specification is Rs. 105,000 only.

3. A hybrid solar system can also be connected to the grid, allowing the user to sell excess solar power back to the utility company or draw power from the grid when needed. With a hybrid solar inverter, this system can provide more flexibility and reliability than a standalone solar system (off-grid), as it can reduce dependence on the grid and lower electricity bills. The price of a hybrid solar system starts from Rs. 120,000 (including all expenses) per kilowatt (kW).

Best Solar System for Homes

A rooftop solar system is the most familiar type of setup for homes. Generally, the rooftop solar system starts from 1kW and increases to 10kW for residential usage, which depends upon several factors like adjacent space available, power requirement, and budget.

We have classified solar systems according to several factors below:

1. Small-energy setup: The solar system with 3 kW or below capacity is considered a small-Energy Setup. This setup can generate max. 15kW of energy every day under standard conditions. A 3-kW solar system price is around 240,000 to 350,000 rupees and varies from brand to location and type to technology.

2. Moderate-energy setup: Anything above 3kW or below 5kW solar system is a moderate-energy setup. This setup offers you to run 1.5ton to 2-ton Air-Conditioners, and it can generate a maximum of 25kW of energy every day. 5kW solar system price is about 450,000 to 500,000 rupees (including all costs).

3. Extreme-energy setup: A 5kW to 10kW solar system falls under this category. This high-energy setup is capable to power all home appliances, charging electric vehicles (EVs), etc. The cost of This step-up is 60,000 rupees per kW.

Many great solar systems are available for homes of many brands, such as SunPower, Panasonic Solar, LOOM SOLAR, and Tata Solar Power. Out of these, LOOM SOLAR offers the best solar products and rooftop solutions for homes in India. They also provide a low-cost EMI option on every solar product. If you also want solar panels on your rooftop, you can consider Loom Solar engineer site visit services for the best solutions at a personal level.