Unlocking Value: The 2024 Guide to 2kW Solar Power Systems in India – Subsidies, Benefits, and More!

Solar photovoltaic technology is rendering energy eco-friendly and dependable for households. A modest 2 kW solar installation can serve as your initial move towards implementing a residential solar system. This prospect becomes increasingly intriguing as you learn about the value of a 2 kW solar panel installation in India with financial aid.

Price of 2 kW Solar System in India

Consider a 2 kW solar unit while deliberating the primary and most economical solar option for your residence. A 2 kW solar setup can produce approximately 300 kWh of electricity monthly, sufficient to power a small 2BHK with several appliances such as 1 air conditioner, refrigerator, etc. Although the precise cost of a 2 kW solar system may vary based on multiple factors, obtaining an estimate is beneficial. Instead of depending on external sources, it is advisable to get in touch with a reputable solar energy provider to ascertain the total cost. The typical costs of a 2 kW solar system are specified below.

Specifications of 2 kW Solar System

Subsidy for a 2 kW Solar System in India

The price of a 2 kW solar system in India with subsidy renders solar energy more accessible for residential setups.

The government is providing solar subsidies through various programs, which are applicable exclusively for systems connected to the local grid. Following the announcement by MNRE regarding streamlined rooftop solar installation for grid-tied solar setups, you can now purchase your rooftop solar PV system from any solar energy provider of your choice and claim a subsidy to your account. The typical subsidy amounts for different system capacities provided by the government are:

You can claim subsidies from both the central and state governments. The central government will cover up to 30% of the total cost of a 2 kW solar system in India in general category states/UTs and as much as 70% in special category states/UTs. 

Subsidies are determined based on the benchmark prices for different system capacities. This pricing also fluctuates between general and special category states. 

Price of 2 kW Solar Panel System in India with Subsidy

Below are the CFA estimations for 2000-watt solar panel costs in India. To ascertain the precise pricing of solar for your residence or office, you are encouraged to engage with a reliable solar provider.

Note: The calculation for the subsidy amount does not include the cost of solar batteries and is fixed for every kW across various system capacity levels.

Types of 2 kW Solar System for Home

There are three types of residential solar power systems: on-grid solar system, off-grid solar system, and grid-tied solar system with battery backup or hybrid. 

Solar technology has made significant advancements over the last decade. Variants of solar systems cater to homeowners’ diverse needs. If you are considering the installation of a 2 kW solar system, three alternatives are currently available in the market. While these systems are all powered by the same photovoltaic principle, they differ in their configurations (the solar components involved) and unique features. 

• On-Grid Solar System (provides long-term savings and the flexibility of grid connectivity)
• Off-Grid Solar System (provides long-term savings and battery backup to avoid power outages)
• Hybrid Solar System (offers the best of both off-grid and on-grid solar power systems)

On-Grid Model of 2kW Solar System

The on-grid model of a 2 kW solar panel system in India is not just more economical but also demands less maintenance. It offers the flexibility of net metering.

A grid-connected solar power system is the most prevalent option for homeowners aiming to transition to solar energy. An on-grid system allows you to significantly reduce electricity bills through solar panel energy generation.

The solar energy generated by your panels is transformed into alternating current (AC) for use in household appliances by the inverter. Should your system produce surplus energy beyond your household needs, that excess can be fed back to the grid in exchange for solar credits. On days where solar output drops below normal levels, you can draw additional electricity from the grid. This export and import are tracked and reflected in your monthly utility bills as per the net metering policies and regulations.

Moreover, the overall cost of a 2 kW solar system is generally more affordable than other types of systems, as it comprises fewer components and is relatively straightforward to install and maintain throughout its operational life. The main components of an on-grid design are solar panels and a solar inverter. 

Off-Grid Model of 2 kW Solar System

If your home cannot connect to the grid or experiences frequent, prolonged outages, an off-grid solar system is suitable for you. However, it includes solar storage batteries, which significantly increases the cost of a 2 kW solar panel system in India.

An off-grid or stand-alone residential solar power system is one that is not linked to the local grid, making it an ideal choice for homes located in remote areas without grid access. It utilizes solar batteries to ensure a continuous electricity supply throughout the year. An off-grid system is designed to be entirely independent and therefore requires a significant number of solar panels to generate enough power to meet your home’s daily energy needs and charge the batteries. Consequently, the cost of a 2 kW off-grid solar system in India surpasses that of an on-grid unit.

The primary advantage of an off-grid system is that your home remains unaffected by outages. Additionally, you will not receive any monthly electricity bills since your home operates entirely on solar energy. 

Hybrid Model of 2 kW Solar System

A hybrid model integrates the characteristics and features of both a grid-connected and off-grid system. This means you earn solar credits through net metering while enjoying peace of mind with battery backups.

In a hybrid solar system, you benefit from the advantages of both on-grid and off-grid solar arrangements. A hybrid system connects to the local grid and engages in energy imports and exports under net metering. Simultaneously, your home solar plant is also connected to solar batteries, providing electricity backup for future use. A 2 kW hybrid solar system ensures your home remains operational during outages, saves you money by generating affordable solar electricity, and enables you to earn solar credits by transferring excess energy to the grid.

The primary components in a hybrid model include solar panels, a bi-directional meter for net metering, a battery bank, and a hybrid inverter.

2 Kilowatt Solar Panel System Specifications & Benefits

If you’re considering installing a 2-kilowatt solar panel system at your residence, here are some key facts that may pique your interest.

• A 2 kW solar system typically generates around 8-10 units of electricity per day. This translates to approximately 240-300 units monthly and 2880-3600 units annually.
• Most solar companies offer a 25-year efficiency warranty on solar panels and a 5-10 year product warranty on other essential components making up the solar system.
• The net metering system only governs hybrid and on-grid solar energy systems.
• Only hybrid and on-grid solar systems qualify for central and state subsidies, while no subsidy is available for off-grid solar systems.

A 2-kilowatt solar panel system is an excellent option if you aim to support a small household, like a 2BHK or equivalent. It can efficiently power daily household appliances such as 8-10 LED lights, 3-4 fans, 1 television, 1 air conditioner, and 1 refrigerator. The energy produced is sufficient for up to three individuals. Installing this size of the system requires merely 200 square feet of unobstructed space.

Generally, a high-quality 2 kW solar panel system can recoup its costs through savings within approximately 6-8 years on average. You will start enjoying affordable solar electricity and save on utility bills from the very first day of installation. Transitioning to solar is particularly beneficial and promises excellent returns on the initial investment value of a 2 kW solar setup. Additional advantages include:

Low maintenance cost: Acquiring a solar system from a knowledgeable and reputable solar energy provider ensures that you receive highly efficient, warranty-backed solar components. These are engineered to deliver maximum power output without requiring extensive maintenance. Cleaning your panels monthly and scheduling regular preventative inspections will keep your solar system in optimal operating condition throughout its average lifespan of 25 years.

A plentiful energy source: Most regions of India receive abundant sunlight, even during rainy days and the winter season. You can harness as much sunlight as you desire without the worry of electricity costs.

Environmental benefits: As a renewable resource, the process of generating solar energy does not harm the environment. Utilizing solar energy also reduces your fossil fuel consumption, thus lowering your carbon footprint.

2 kW Solar Panel System Installation Cost in India

The estimated cost of a 2 kilowatt solar system in India ranges from Rs. 1,44,000 to Rs 3,00,000. This makes the cost per kilowatt approximately Rs 70,000 to Rs 1.5 Lakhs, varying according to the design and modifications selected by the client. When determining the exact expense of solar for a home, multiple factors are considered. These encompass the quality of solar panels and other components as well as installation costs. Installing solar panels on your rooftop or ground necessitates a mounting structure to position the panels at the correct angle for optimal sunlight capture.

If you possess the appropriate knowledge and tools to undertake the installation independently, the installation cost will be minimal for you. However, if you opt for professional assistance, the fees may vary. Many solar companies also offer innovative mounting structures that allow you to install solar panels without sacrificing valuable rooftop or ground space. Hence, you should also consider the base structure that can support the panels when pursuing solar solutions. Most often, the installation cost is included in the entire system package.

FAQs About 2kW Solar System

How Many Solar Panels Will I Require for 2kW?

A typical residential application of a 2kW solar power system involves 6 to 8 solar panels, each rated at 250-400 watts. Solar experts suggest selecting solar panels of 330 watts or greater to achieve maximum solar output with a reduced number of panels.

What Is the Area Needed for a 2kW Solar Panel?

A 2kW solar plant would necessitate a shade-free area of 100-150 square feet. The specific area required by the panels will depend on the efficiency rating of your solar panels and the type of mounting you select for your home. A solar expert will be able to provide accurate and upfront information, including costs, after conducting a solar assessment of your site.

How Many Units Are Produced by 2-kilowatt Solar Panels?

The energy output of a 2kW solar system is roughly 8kWh or 8 units per day. This indicates that the monthly production of a 2kW solar system is 240-300 units, totaling approximately 2880 units annually. This amount aligns with the electricity consumption of a small Indian household.

What number of AC units can 2-kilowatt solar panels operate?

With a 2kW solar power system, you can operate one small-sized AC unit for 5-8 hours each day. A 1-1.5 ton AC size is suitable for small residences with a 2kW solar capacity. Should you intend to opt for larger AC units, you can choose to add additional solar panels.

panels to your network to produce additional photovoltaic energy.

Is a 2kW system adequate to power a residence?

A compact home with 2-3 residents can transition to solar with a 2kW photovoltaic system. It has the potential to energize common household appliances, including a small air conditioning unit. While it may not entirely eliminate your grid electricity consumption, it can significantly reduce it and offer substantial ROI over time.

Which Appliances Can a 2kW Solar System Power?

A 2kW solar panel system is ideal for small Indian homes. It can generate enough electricity to run your daily electrical devices like lights, televisions, fans, and refrigerators, thus decreasing your reliance on the power grid.

Who Should Purchase 2kW Solar Panels?

Small Indian residences, apartments, and rural households can vastly benefit from a 2kW solar power installation. It requires minimal rooftop space and is perfect for properties facing space limitations.

Where Can I Procure 2kW Solar Panels?

To qualify under the simplified solar subsidy program by MNRE, it is advisable to purchase only locally manufactured solar panels and related equipment. You can check the ALMM list of Approved Models & Manufacturers of Solar Photovoltaic Modules by visiting the National Portal for Rooftop Solar and reaching out to your local empaneled retailers to inquire about the prices for a 2kW solar plant. HomeScape is among the few leading residential solar companies in India, offering award-winning innovative solar solutions composed of high-quality solar components and mounting structures.

Are 2 kW Systems a Superior Choice Compared to 3 kW Systems?

A 2kW solar system is undoubtedly a suitable method to switch to solar energy without incurring a heavy financial load. Although a 3kW solar system can satisfy a larger proportion of your household electricity needs, it also requires additional rooftop space to accommodate more solar panels. Consult a solar expert to assess your requirements and assist you in making a confident decision.

Does a home solar installation provide the same electricity output throughout the day?

No. Solar panels depend on a continuous supply of sunlight to generate energy. However, this generation capability is subject to the intensity of sunlight. Your 2 kW solar panels will produce less energy output around dawn and dusk, with peak production typically occurring around midday. That said, you need not worry about this fluctuation in electricity availability, as you will be connected to a grid or a reliable source at all times for continuity.

Does shading on solar panels affect their efficiency?

Yes. Shading impacts the overall production capacity of a solar photovoltaic system. Each solar panel consists of numerous interconnected solar cells. Shading on even a small portion of the panel can have a cascading effect, causing a decrease in the power output generated by the rest of the solar cells across multiple panels. Therefore, it is crucial to ensure that the installation area is free from shade before setting up your 2 kW solar panel system.

How can net metering benefit me?

Under the net metering scheme, a solar system owner has the opportunity to earn additional solar credits by transferring any excess solar energy produced to the government grid. This allows the homeowner to benefit from solar credits, which can be utilized to purchase grid electricity when the solar output from your 2 kW solar system is low or during nighttime when your solar system isn’t generating power. The total solar credits will be reflected in your annual billing cycle and will offset your electricity bill.

Will I continue to receive monthly electricity bills if I switch to a 2 kW solar system?

As long as your 2 kW solar system is connected to the grid, or if you have a grid-tied rooftop solar system, you will still receive monthly electricity bills from your state’s DISCOM. However, the amount due on your bill will be significantly reduced, potentially down to Rs 0. During the months when you do not draw any electricity from the grid and contribute solar energy instead, your bill will show a positive solar credit balance that can be adjusted in the monthly billing cycle.

Will my solar system be affected if the grid power goes out?

A grid-tied solar photovoltaic system does not include batteries. It is designed to shut down whenever the grid electricity is lost. This is crucial for the safety of technicians during grid maintenance, as there is a risk of electrocution if any electricity is fed back to the grid from your solar system. However, you can have your 2 kW solar panel system configured to include battery backup, so you never have to face outages.

What happens if my battery bank is completely charged?

Much like your standard power bank that automatically prevents overcharging even when plugged in, your solar batteries are also designed to avoid overcharging. Batteries are equipped with charging protection that halts the excessive consumption of power when they are fully charged.

What is the cost to service and maintain a 2 kW solar panel system?

Solar panels and other components in a solar system are constructed with high-quality materials. Solar panels are durable and can endure harsh weather elements and daily

install. Additionally, several photovoltaic companies back their 2 kW photovoltaic panel setup with product and effectiveness guarantees. Your installer may also provide AMC maintenance plans and ensure timely routine service, assessment, and repair of your entire system throughout its lifespan. In summary, a residential photovoltaic system requires minimal upkeep expenses and needs to keep it in optimal condition.

What is the return on investment period for a 2 kW photovoltaic panel system?

Acquiring a rooftop photovoltaic system represents a significant financial commitment. Nevertheless, the expense is one-time and made all at once. Over the 25-year lifespan, you won’t have to be concerned about any fuel costs, and maintenance demands are also low. The typical return on investment period for a 2 kW photovoltaic system ranges from 6 to 8 years. For the duration of the remaining lifespan, the vast majority of electricity generated by your photovoltaic panels is free power.

Is it possible for solar to be the exclusive energy source for my household?

If you incorporate batteries into your 2 kW photovoltaic system, your residence can become self-sustaining and eliminate reliance on local grid electricity. However, photovoltaic experts recommend that you stay connected to the grid if such an option is available to you. Your solar installation is integrated with your existing utility meters in such a manner that solar energy is consistently the primary source for your household’s power needs. If the photovoltaic panels do not generate sufficient electricity, the secondary source is the solar battery bank. The local grid serves as the last option if both the solar panels and batteries are unable to fulfill your home’s energy requirements due to a lack of sunlight.

If I install a 2 kW photovoltaic system in my home, will it be possible to upgrade to a higher capacity system in the future?

When planning a photovoltaic system for your residence, photovoltaic companies ensure to provide homeowners with the flexibility for future enhancements. You can add more panels to boost energy production and acquire additional batteries at any point. However, you may also need to invest in a more powerful inverter.