Hybrid Systems:
- Cost Range: Hybrid systems, offering both bill savings and minimal power backup, typically cost (upto 5KW) around 90-130 per watt, depending on factors such as brands, technology-selection, customization, and scope of work. For example, a 5KW Hybrid system may cost between INR 4,50,000 to INR 5,50,000.
- Functionality: Despite the higher capital cost compared to on-grid and off-grid systems, hybrid systems provide benefits in terms of bill savings and convenience with lot of flexibility in operation- modes, making them an attractive option for
- Payback calculation: While the payback period may be longer for hybrid systems due to their higher initial cost, the long-term savings and benefits justify the investment.
Here’s a table detailing the price range for 1kW to 5kW solar panel systems:
| System Size |
On-Grid System (Rs./Watt) |
Off-Grid System (Rs./Watt) |
Hybrid System (Rs./Watt) |
| 1kW |
Rs. 65-80 |
Rs. 95-110 |
Rs. 110-130 |
| 5kW |
Rs. 50-60 |
Rs. 75-90 |
Rs. 90-110 |
Please note that these prices are approximate and may vary based on factors such as brands, technology-selection, customization, and scope of work. It’s advisable to consult us for accurate pricing and system configuration tailored to your specific requirements.
In conclusion, while the initial cost of a 5kW solar panel system may vary based on factors such as system type, as brands, technology-selection, customization, and scope of work, the long-term savings and benefits outweigh the investment. By carefully considering these factors and choosing the right system configuration, homeowners can enjoy significant benefits and returns on their investment while contributing to a sustainable future.
For expert guidance on selecting and installing 1KW and 5KW Solar Panel system, contact Jeevaditya Solar Power at 9500167027 /8431458505. Let’s illuminate your path to solar energy efficiency together.
