In India, a 3 kW rooftop solar system is fit for most of the households. However, the installation of a 3 kW system is mainly determined by two factors. One is the electricity consumption of the user, and the other is the extent of the rooftop area availability. Because energy consumption varies greatly between households, selecting the best solar rooftop system for your home based on these factors can be a game changer.
A 3 kW rooftop solar system typically generates around or more than 4,500 electricity units annually which is sufficient to empower a 2-3 BHK home. A system of this capacity can support essential appliances, including kitchen devices like a microwave or mixer, 1-2 tube lights, 3-4 LED bulbs, laptops and charging devices, a washing machine, a television, a refrigerator, and 4-5 ceiling fans, AC.
The 3 kW solar panel system is a perfect solution for Indian middle-class families who have the utmost desire to drastically cut their electricity bills and their dependence on electricity generated by the grid. This system is a smart and long-term investment that reduces dependence on the grid and helps in the sustainable future ahead.
Exact price of 3kW solar for home depends on location and availability. Here is an estimate of what 3 kW solar panel system prices in India may look like.
3 kW Solar System Pricing in India
| Model | 3kW Solar Price |
|---|---|
| 3kW On-grid solar system | Rs. 1,65,000 Onwards* |
Prime Minister, Shri Narendra Modi, has also put in place a fixed subsidy scheme by the Government of India under the name PM Surya Ghar muft bijili Yojana in addition to easy loan facilities. So, need not worry, reducing your power bills with a solar system is just a call away. Utilize these schemes to save energy and reduce your electricity bills. We can all build a greener tomorrow! So let’s learn what is the PM Surya ghar muft bijili yojana.
What is PM Surya Ghar Muft Bijili Yojana?
The finance minister Nirmala Sitharam has launched the solar rooftop in the budget 2024 to 25. After being launched by the finance minister, PM Narendra Modi launched the scheme named PM Surya Ghar Muft Bijili Yojana on the 15th of February 2024. Solar panels are installed in the houses to generate additional sources of electricity output. In this scheme, the central government will directly transfer subsidies into the bank account of the installer along with loans of low interest and ensure that the installation incurs no expense. The installation of solar panels will not exceed 40% of the cost paid through the government's subsidy.
See Also: Rooftop Solar Systems For House
The scheme would save an average money of 15,000-18,000 to each household and middle-class family as it would provide free electricity to the family and sell surplus units to the electricity distribution companies. If this plan is met up, the government wants to put one crore rooftop solar panel systems in India. According to the state's plan, the power bill of 75,000 crores annually is expected to be saved every year. Let’s know the subsidy structure.
Subsidy Structure of PM Surya Ghar Bijili Yojana
| Capacity of solar roof-top pan | Capacity of solar roof-top pan | Subsidy provided by the government |
|---|---|---|
| 1-2 KW | 0-150 | 30,000 to 60,000 |
| 2-3 KW | 150-300 | 60,000-78,000 |
| Above 3 KW | Above 300 | 78,000 |
So now let’s discuss the easy loan provided for a 3 KW solar panel system.
3 KW Solar Panel System Loan
Financing your 3 kW rooftop solar system has never been easier, thanks to the loan options provided by banks and other financial institutions (NBFCs). If you maintain a positive relationship with your bank, you can apply for a loan to support your solar installation.
Solar Rooftop System for Residential: Choosing Ksquare for your rooftop solar solution offers a unique zero-investment plan. Under this plan, the cost of your solar system is effectively Rs. 0, and loan approval can be completed very easily! Here’s how it works:
- Affordable EMIs: Your monthly EMI payments will align with the savings from your electricity bills. If your solar system generates more power than the EMI cost, you won’t pay anything additional.
- Earnings from Excess Generation: You can benefit from the Direct Benefit Transfer (DBT) scheme for any surplus energy generated. Under the PM Surya Ghar Muft Bijli Yojana scheme, the DISCOM will compensate you with Rs 2.25 for every unit of excess electricity produced.
- Flexible EMI Plans: Providing EMI options ranging from 6 to 60 months, giving you the flexibility to choose a payment plan that suits your financial situation.
Why choose Ksquare Energy for your rooftop solar system?
1. Customised Solutions for Your Needs
Ksquare understands that each household has unique electricity consumption patterns and roof space. We assess your specific requirements to provide a customized 3 kW solar system that maximizes efficiency and meets your energy needs.
2. Hassle-Free Installation & Maintenance
Ksquare Energy offers services ranging from site inspection to system design, installation, and after-sales support. Hence, the professional team at Ksquare ensures that the complete process is hassle-free from beginning to the end so that you enjoy the benefits of clean energy without the burden of maintenance.
3. Reliable Warranties & Support
Our solar rooftop systems come with years of warranty for service. With Ksquare, you're covered in equipment and installation, and our customer support is always here to help you.
4. High-Quality and Durable Components
Ksquare installs only top-grade, long-lasting materials for its solar installation. We only use the best brands of panels, inverter, and wiring, ensuring you get the best even during bad weather conditions.
5. Quick Return on Investment
The electricity bill saved, coupled with government incentives or subsidies, will yield some enormous financial benefits within just a very few years.
6. Support for a Sustainable Future
By choosing Ksquare Energy, you contribute to a greener tomorrow. Our solar systems help reduce reliance on grid electricity, lower your carbon footprint, and support national efforts toward renewable energy adoption.
Conclusion
In conclusion, a 3 kW rooftop solar system is a great choice for many Indian households, including Rooftop Solar for Flat Owners, helping to lower electricity bills and reduce reliance on grid power. This system can generate around or more than 4,500 units of electricity each year, making it suitable for essential appliances in homes. With government support like the PM Surya Ghar Muft Bijili Yojana and easy financing options from Ksquare Energy, going solar is more affordable than ever. By choosing Ksquare Energy, you get a tailored solution with flexible payment plans, and you help create a cleaner, greener future for everyone.