Rooftop Solar Power Plant Cost

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.

Rooftop solar power plant cost.

Power from a rooftop solar system can be much cheaper than the general grid power. 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 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. 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 cost of a rooftop solar system varies based on different factors and is. 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. The installation of net metering at the site will connect it to grid via state. 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.

Solar mango estimates a rooftop solar power plant to cost between rs. Size of power plant. 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. Today anyone can set up a solar power plant with a capacity of 1kw to 1mw on your land or rooftop spaces.

Rooftop solar power plant cost. Also there is no fear of power costs increasing as is the norm with grid power. 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 average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.

The cost of a 100 kwp plant installed by a solar developer however can go down to 65 70 lakhs. Tata power solar offers solar rooftop for home. The longer you use it the higher will be the return of investment. A normal 1 kwp plant without any storage facility costs around inr 1 lakh.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8. 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. Installation costs around 8 for a typical rooftop pv plant.