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Because solar panels are the most visible solar system component, many people mistake them for the entire system. Even searching for a simple solar system returns the universal solar system rather than the one made up of solar panels, solar inverters, batteries, and other components. If you come under the category of ‘Beginners in Solar System’, this article is for you!

Let’s look at the main components of a solar system, and the many types and pricing ranges available. In this blog, we will also learn about the advantages of installing a solar system.

What is a solar energy system?

Solar energy systems are a collection of components that work together to create electricity from this renewable energy source. A solar system is a device that uses simple solar energy to generate electricity.

    1. Solar panels (which collect sunlight)
    2. Inverters (which convert DC to AC)
    3. Mounting structures (which hold the panels in place)
    4. Batteries (to store the additional power generated)
    5. Grid boxes
    6. Balance of systems (wires, nuts, etc.)

Make up a typical solar system. Solar systems are available in a variety of capacities, including 1kW, 3kW, 5kW, and 10kW. It’s made up of:

  • Solar panels/modules:

A solar panel is a device that absorbs energy from the sun’s rays and converts it into electricity. Simple solar energy is the name for the electricity they generate. Solar panels are an excellent way to reduce your electricity bill by a few dollars.

They are the most significant component of a rooftop system. Everything revolves around them since they are at the core of the system. Solar modules account for over half of the system’s total cost. Various solar modules will produce different outcomes.

  • Inverters:

Inverters are the solar system’s powerhouses, converting DC to AC. Inverters account for about a quarter of the entire cost of a simple solar system.

  • Batteries:

They store the extra energy produced by the panels to be used later when the sunsets. Solar panels are used to charge the batteries. The higher the AH, the longer the backup time.

  • Balance of systems:

Wires, cables, mounting structures, junction boxes, and other accessories fall into this category.

The price range of the solar system in India

It is important for everyone, including beginners in the solar system, to be aware of the pricing of solar systems in our country. It is divided into the following ranges:

  • Solar systems ranging from 1 to 10 kW are commonly seen in homes, schools, and gas stations. The average cost per kW is Rs. 1 lakh.
  • Solar systems ranging from 11 to 50 kW are commonly seen in workplaces, hotels, and hospitals. It costs around Rs. 75,000 per kilowatt-hour.
  • Solar parks and solar utilities use systems with capacities of 51 kW and more. Each kW costs roughly Rs. 50,000.
  • An off-grid solar system costs approximately Rs. 98,000 per kW, while an on-grid solar system costs approximately Rs. 75,000 per kW.

Waaree Energies is a leading provider of EPC services, project development, rooftop solutions, solar water pumps, and independent power producer in India. Waaree is present in over 350 places across the nation and in 68 countries across the world.

For getting your Solar Panels installed, contact Waaree Energies Ltd. today!

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