You may save a lot of money on your monthly power bill by switching to solar panels. How much money you save will be determined by variables including the size of your solar panel system, how much power you use, and the cost of electricity where you live.
Moreover, the cost of your solar panel installation can be reduced further by the subsidies and rebates offered by many governments and utilities. Some power companies even have “net metering” schemes where you may sell any extra power your solar panels produce back to the grid in exchange for bill credits.
Inverter batteries are the heart of solar panels
Now that summer’s heat is fully in effect, having access to a reliable power source is always essential. In case of power outage, no human being can endure these temperatures. Therefore, consumers require suitable energy solutions/power backup solutions to make it through the summer with their fans, coolers, and air conditioners running smoothly. In addition, the cost of life in a society with constant power would be relatively high for those who could afford it. We recommend the Loom Solar CAML100 battery and the Fusion 5kVA inverter as an inverter battery solution. It requires no upkeep and may be used without worry because to its low weight.
Batteries are necessary to store the energy produced for later use. In the past seven years, the price of batteries has decreased by 80 percent, and another 40 to 50 percent reduction is predicted within the next five years. However, the Indian market is very price conscious, thus it is still seen as pricey. Since lithium batteries are not in as high of demand in India as solar panels, their costs have not dropped as precipitously. The increasing transmission and distribution issues in India can only be fixed with the help of storage. Loom Solar, Exide, Luminous, and Okaya are only a few of the most widely utilized brands of solar battery in India. Solar energy storage systems typically run between INR 6 and INR 10 per kilowatt hour. Solar batteries from Luminous range in size from 20 Ah to 200 Ah and are covered by a 3 year or 5 year replacement warranty, respectively.
Video Link
In India, how much does an inverter typically cost?
There are two primary options to consider when shopping for a home inverter: non-solar inverters and solar inverters. Non-solar inverters, also called “Normal Inverters,” can provide from 650 VA to 1800 VA of power and cost anywhere from Rs. 3,500 to Rs. 9,500, depending on the quality of the brand, the power output, and the length of the warranty. Solar inverters are the second variety of power converters. Investing in a solar inverter allows the battery to be charged by both the grid and the sun. The typical inverter costs between Rs. 6,500 and Rs. 9,500, with a beginning price range of 1100VA – 2550VA. A 3kW to 10kW MPPT solar inverter will set you between Rs. 45,000 and Rs. 2,00,000, and it is perfect for powering your home’s water pump, air conditioner, deep freezer, or medical appliances.
A 4 kWh system powers a typical residence off the grid. So calculate the cost of installing an inverter battery at home. Inverters cost Rs.5,000–6,000. In 2023, lithium-ion inverter battery price would be Rs. 7521 ($100)/kWh, according to IHS Market. Knowing the installation cost of an inverter battery system is vital now that you know its benefits. In India, such inverter batteries cost Rs. 19,000–Rs. 4,80,000.
Choose the inverter battery from the best distributor in India
Loom Solar, a prominent solar business, sells inverter batteries and other high-quality solar items. Loom Solar inverter batteries provide several benefits:
- Durability Loom Solar inverter batteries are manufactured of high-quality materials to survive in tough weather.
- High efficiency: Loom Solar inverter batteries retain more energy and charge rapidly, making your solar power system more efficient.
- Advanced technology: Loom Solar’s inverter batteries employ advanced battery management technologies to maximize performance and longevity.
- Low maintenance: Loom Solar inverter batteries are intended for easy maintenance, saving you time and money.
- Wide choice of options: Loom Solar provides a variety of inverter battery systems for household and commercial applications.
Can I get a Solar Subsidy?
Solar rooftop systems are subsidized by the federal and state governments. States in general get 30% central government subsidies for these systems. Uttarakhand, Sikkim, Himachal Pradesh, Jammu & Kashmir, and Lakshadweep receive up to 70% central government subsidies.
Without subsidies, rooftop PV system installation costs Rs 60,000–70,000. Customers must generate 1100–1500 kWh annually to get generation-based incentives. Solar Distributors like Loom Solar also open the portals to these subsidies if you buy solar panel systems from them.
