An on-grid solar system is a solar system connected to the electricity grid. What defines an on-grid solar system is its capability to produce solar energy and feed the excess energy back to the grid. It lessens the reliance on normal electricity sources and provides electric power when needed. It is less costly and saves money in the end.
How Does an On-Grid Solar System Work?
The On-Grid solar panels in the system convert sunlight into direct current ( DC ) electricity. Then this DC electricity is sent to a solar inverter, which converts this DC into alternating current (AC) for your home or business use. Any surplus electricity is exported to the grid, and you earn credits through net metering. During the night or cloudy days, weather changes, or cyclones the on-grid solar panels supply the necessary power on a daily basis.
Components of On-Grid Solar System
Complete System of On-Grid Solar: This type of technology makes use of solar energy by collecting solar radiation and converting it into direct current (DC) electricity, which acts as the main electric power supply of the entire solar system.
Solar Inverter: An inverter is an electronic device that accepts solar DC power and modifies it into AC power suitable for home utilization. This enables the current to be ready for consumption without delay or any further modification.
Panel Stand: This is a structure that is used to hold the solar panels in place at a preferable angle in which prolonged direct sunlight can be captured throughout the day.
Solar Wire: The wires that transfer the energy created by the solar panels to the inverter are connected through this wire which operationalizes electric transmission.
Safety Equipment: Protection devices such as electric panels and wires with fuses and circuit bends prevent any form of danger from electric wires. All aspects for effective installation are taken into account including the safety measures.
DCDB/ACDB (Distribution Boxes): Protects the solar panel system by controlling and isolating the DC and AC components, we ensure safety during this operation.
Earthing Kit: Grounds the entire solar system, providing protection from electrical surges and preventing damage to the components, and focuses on every step.
Lightning Arrestor: This device shields the system from being damaged by lightning by transmitting excess voltage safely to the earth's surface.
Net Meter & Solar Meter: One meter measures the amount of grid energy consumed while another records the amount of solar energy returned to the grid for which these two meters are intended to serve.
Installation Accessories: These consist of items such as harlots andscrews that assist in fixing all the components of the solar system during its installation.
Benefits of on-grid solar system
Pros of the On-Grid Solar System
Guaranteed 24*7 Power Supply: Delivers uninterrupted power as it switches automatically from the solar source to the grid utility virtually seamlessly.
More Savings: Decreases electricity bills by consuming solar energy and allowing the sale of the most surplus power to the grid through net metering.
Best Investment Returns: Delivers savings in the future in twenty years with norm return of investment being four to five years.
Works Efficiently: Designed to run in conjunction with the grid to ensure optimum electricity production during daytime hours.
Easy to Install: Eliminated the need for batteries during the installation making it cheaper and less complex to install.
Less Costly: Due to the absence of a backup power source such as batteries in grid-tie solar systems makes off-grid alternatives expensive.
Less Maintenance: This system helps in reducing maintenance always as there are time intervals for cleaning the panels when it is warranted.
Subsidies and Other Incentives: Different forms of financial aid as well as taxation credits are given to lower the initial installment cost by the government.
On-Grid Solar System price
On-grid solar system price in India is divided across different sectors. Narayana Solar not only offers you the best quality but also a strong commitment. And also if you want to know the on-grid solar system price in Bihar or patna , you directly come and talk with our expert team of Narayana Solar.
Here, we will provide you with the prices of on-grid solar panels, both with and without subsidies.
| The capacity of the solar system | Cost of the solar system |
|---|---|
| 2Kw | ₹1.6L to ₹1.9L (without subsidy) / ₹0.8L to ₹1.15L (with subsidy) |
| 3kW | ₹2.15L to ₹2.55L (without subsidy) / ₹1.4L to ₹1.8L (with subsidy) |
| 5kW | ₹3.05L to ₹3.6L (without subsidy) / ₹2.3L to ₹2.8L (with subsidy) |
| 10kW | ₹5.9L to ₹6.6L (without subsidy) / ₹5.1L to ₹5.8L (with subsidy) |
Government Subsidy on the Rooftop Solar Scheme.
The Indian government launched a solar panel scheme on Feb. 2024 called “ PM Surya Ghar Muft Bijli Yojana “ has set up such a subsidy to encourage the use of renewable sources of energy through the installation of rooftop solar. In the case of the residential systems, the most common is up to 40% subsidy for systems of 3kW and below, 20% for systems above 3kW to 10kW.
New subsidy rates (for applications filed on or before February 13, 2024)
| Rooftop Solar System Capacity | Applicable Subsidy (₹) |
|---|---|
| 1Kw | 30,000/- |
| 2kW | 60,000/- |
| 3kW | 78,000/-* |
| Note: *The subsidy amount is fixed for rooftop solar systems of 3 kW and above capacity. |
How to Install an on-grid solar system
Site Assessment: Perform an assessment of the site in order to determine the best location of the solar panels in relation to the sun.
Design and Planning: Create the design for the solar power system including the quantity of solar panels, their arrangement as well as the size of the inverter.
Construction: Carry out the fixing of solar panels, wiring, an inverter and all other services such as net metering and security.
Grid Tie: Work with the utility company to connect your solar power system to the grid.
Testing and Commissioning: Ensure that the whole system and its parts in terms of their operation and performance are checked and put into operation.
The On Grid Solar System with Net Metering
With a net metering system, any additional electric load that your solar panels will not require will be vaulted toward the electric grid system, and you will receive profits as well. In such cases, sides are credited with electricity costs only because of the net consumption of electricity. Energy goes back to the grid and helps users cut on electric bills, which is why on grid holds more benefits.
Return on Investment of On-Grid Solar System
Payback of any investment made in an on-grid solar system is realized after a period of four to six years, depending on energy usage and fair electricity pricing policies. After this span, the system provides free energy as the operational expenses go down exceedingly for the up to about 25 years that the system is as operational. With the potential to achieve a full return on investment (ROI) in just 4-5 years, switching to solar offers both cost savings and long-term financial benefits.
| Capacity | Yearly Generation | One Time Investment | Yearly Return |
|---|---|---|---|
| 1Kw | 1,500 Units | ₹ 80,000 | ₹ 11,250 |
| 2kW | 3,000 Units | ₹ 1,60,000 | ₹ 22,500 |
| 3kW | 4,500 Units | ₹ 2,40,000 | ₹ 33,750 |
| 4kW | 6,000 Units | ₹ 3,20,000 | ₹ 45,000 |
| 5kW | 7,500 Units | ₹ 4,00,000 | ₹ 56,250 |
| 7.5kW | 11,100 Units | ₹ 6,00,000 | ₹ 83,250 |
| 10kW | 15,000 Units | ₹ 8,00,000 | ₹ 1,12,500 |
| 15kW | 21,000 Units | ₹ 12,00,000 | ₹ 1,57,500 |
| 25kW | 37,500 Units | ₹ 20,00,000 | ₹ 9,37,500 |
| 50kW | 75,000 Units | ₹ 40,00,000 | ₹ 37,50,000 |
What Makes Narayana Solar Stand Out
Narayana Solar - best solar company in bihar, provides the best and most affordable on-grid solar systems to suit your client’s needs. Our systems are constructed of the highest quality materials to promote durability, reliability, and cost-cutting. We offer professional installation, support, and approved incentives by the government to ease the process of shifting to solar. Bestow Narayana Solar for a greener and energy-efficient nation.
Why Choose Narayana Solar
A cleaner environment and reduced carbon footprint
Optimum usage of available roof area
Less reliability on traditional power sources
Option to monitor power consumption
Regulatory Consulting & Support
Quality Assurance
Fastest turnaround time
Superior O&M
Conclusion
An on-grid solar system is smart and therefore worth investment as it’s eco-friendly and also reduces energy costs in the long run. With the provision of easy installation, minimal maintenance, and subsidized by the government; it is an economically practical option for both residences and businesses as well. Take control of your energy needs with Narayana Solar - best solar company in Patna, to ensure endless nutritious power and a green lifestyle.
FAQs
The life span of an on-grid solar system is ordinarily twenty-five years with very little maintenance
No. An on-grid system can actually work unless a solar power blackout is for safety reasons however unless solar power storage is a backup
Check availability of net metering policies by understanding the regional net metering policies.
