How much does a Solar Rooftop Power Plant Cost?
The cost of a rooftop solar PV system depends on the function it serves (to feed power into the grid,to support the load during a power failure, etc.) And incentives subsidies available. Cost also depends upon the type of system viz Grid Connected or off-Grid Power Plant as well as the size of the system. 1 kw Grid Connected system will cost around Rs. 90,000/- to Rs. 100,000/- As the size of system increases, cost tend to come down. The above prices are for components from Tier 1 manufacturers with 5-year manufacturer’s warranty. In addition the PV modules have output warranty of 90% of rated capacity for the first 10 years and 80% of rated capacity for the next 15 years. Cost of battery backup has not been considered as that can alter the economics significantly depending on the extent of backup (autonomy) required. Not only do batteries add
to the initial cost but also recurring maintenance, and replacement expenditure as well as the energy loss on charging and drawing from the battery also adds to the cost of power. A battery backup could add significant costs to the above system.