Solar price per watt or PPW is a way to measure and compare the cost of various solar systems. Simply say, solar price per watt refers to how much you pay per unit for solar panels or a solar system. Since the solar unit is “Watt”, the price of solar is calculated as solar price per watt.
If you’re considering installing solar panel or a solar system, the first question that comes to mind is “How much will solar price per watt?” So let’s find the answer.
Solar panel price per watt
For the last few years, the price of solar has been falling continuously. In India, the average price of a solar panel per watt is Rs.22. However, the price is determined by a variety of factors such as the type of solar panel, solar brand, solar panel rating, etc.
This pricing criteria also applies to complete solar systems. Solar systems are classified into three types: on-grid solar systems, off-grid solar systems, and hybrid solar systems.The price per watt of each of these types of solar systems is further described.
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How to Calculate Solar Price Per Watt?
Calculating solar price per watt is a simple process. Simply divide the total cost of the solar panel/solar system by the total system wattage. If your system is in kW, multiply it by 1000 to convert it into wattage and then divide the cost of the system. [1kW = 1000 Watts].
Solar Price/Watt = Total Cost of the System/Capacity of Solar System (in watt)
All solar brands have their own prices due to different solar manufacturing techniques and quality of materials. Therefore, reputed solar brands like Tata Solar, Luminous Solar and Havells Solar will provide you solar panels at around Rs.27 per watt, while other genuine solar brands like Adani Solar, Vikram Solar and Waaree Solar cost around Rs.22 per watt.The price per watt will allow you to compare solar quotes from various solar brands or installation companies.
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#1. Solar Panel Price Per Watt 2023
The solar panel price per watt matters a lot since they are the foundation of any solar system. Like we have mentioned earlier, the average per watt price of solar panels of genuine solar brands like Vikram Solar, Waaree Solar, Adani Solar, Jakson Solar etc. is Rs.22.
Apart from this, if you want to buy solar panels from reputed solar brands like Tata Solar, Havells Solar, Luminous Solar, Sukam Solar, etc, then it will cost you approximately Rs.28 per watt for 200 watt solar panel and higher wattage panels.
Solar Panel Price Per Watt in India
These are all MNRE-approved Tier 1 solar panels, and their prices are listed below.
An off-grid solar is a complete setup with solar panels, an off-grid solar inverter, solar batteries, and other solar accessories. You won’t have to buy solar components separately this way. This system is specifically designed to provide backup power during a blackout.
You can now buy MNRE-approved complete off grid solar systems from reputable solar brands, with a warranty, delivered to your door. The price list below is for Luminous, Havells, Sukam, and other similar brand solar systems, and it guarantees you the best quality off grid solar system at the lowest price.
An on-grid solar system includes solar panels, an on-grid solar inverter, ACDB & DCDB boxes, and other solar accessories. These solar systems connect to the government grid and are designed to reduce your high electricity bills through net-metering.
Now, purchase MNRE-approved complete on grid solar system (without a solar battery or grid connection) from reputable solar brands at the lowest solar price per watt in India. If you buy a complete on-grid solar system rather than solar components, you won’t have to worry about after-sales service. A single company provides warranty for all solar parts.
Hybrid solar systems combine the features of both on-grid and off-grid solar systems. There are solar batteries to provide power backup and at the same time they can be connected to the government grid.
Luminous solar, UTL Solar like reputed solar brands have a very affordable hybrid solar price per watt. If you purchase a hybrid solar power system (grid connected+battery backup) from one of these reputable solar brands, you will get MNRE-approved solar components such as solar panels, hybrid solar inverters, ACDB & DCDB boxes, and other solar accessories.
Commercial solar systemsare high-capacity solar systems with capacities of 10kW or higher. Purchase MNRE certified complete commercial solar power plant with a reputable brand’s solar panel, solar inverter, solar battery, solar structure, solar wires, and other accessories for your business and industry.
The price list below is for Luminous, Havells, Sukam, and similar brand solar systems, and it guarantees you the best quality commercial solar system at the lowest solar price per watt.
To promote clean and green energy i.e. solar energy, the MNRE department is providing 30% to 90% subsidy on solar for residential purposes. The rate of subsidy will depend upon your state solar policy.
An on-grid solar system is a grid tie system. This system allows you to export excess power in the grid. While off grid solar systems are battery based systems. In this system, you can’t export into the grid but you can store excess power in a solar battery.
The quantity of solar panel in any system depends upon the power rating and model of that solar panel. If you are installing 330 watt solar panels then 9 panels and if you are installing 200 watt solar panels then 15 panels will be needed. Read more about the 3kW solar system.
