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Government Subsidy Affects the 250 W Solar Panel Price

22日前


Solar power is increasingly becoming a popular electricity source, and many people are planning to install a 250-watt solar plate but have no idea. The government is also doing its best to educate people and encourage them to opt for solar power systems at home by offering attractive subsidies and incentives. We will use this blog to discuss everything you need to know about solar panels and give you enough ideas about 250 W solar panel prices to help you decide.

How Does a 250-watt Solar Panel Function?

A 250-watt solar plate is ubiquitous and ideal for commercial and residential purposes. A single solar panel has 72 solar cells that harvest energy from sunlight, which can be used to operate everyday electronic gadgets like mobile phones, tablets, and laptops. A solar panel is the most critical component of a solar energy system. It converts sunlight into DC electricity and transmits it to the solar inverter. The inverter plays a vital role in the system because it changes the direct current into an alternating current that is finally stored in the battery. The battery supplies energy for charging household appliances. It's important to understand that the energy output of a solar panel is directly proportional to its size.

Types of a 250-Watt Solar Panel

There are mainly three types of 250-watt solar panels: Monocrystalline, Polycrystalline, and Bifacial.

Monocrystalline: These are the best solar panel types with inbuilt mono cells. Their energy efficiency is around 19% to 20%, and because of their higher efficiency, the cost of a 250-watt monocrystalline solar panel is higher than others.

Polycrystalline: Such panels usually contain more than one silicon cell, which reduces their efficiency. The energy efficiency of 250-watt Polycrystalline solar panels is 16% to 17%, and understandably, they cost less than monocrystalline panels. However, this also makes these solar panels more affordable.

Bifacial solar panels are undoubtedly the most efficient solar panels, which is why they are also costly. Their energy efficiency is 22%, which is incredible. Bifacial solar panels have a unique design that allows them to withdraw energy from both sides.

What is the 250 W solar panel price?

However, such subsidies only apply to at least 330 watts or more solar panels. However, there are some exceptions because a subsidy is also granted for a 250-watt solar panel in some cases. The average rate of subsidy by most Indian states is:

40% subsidy on solar systems of 1KW to 3 KW on L1 prices. For those above 3 KW and up to 10 KW, there is a 20% subsidy on L1 prices. If you stay in a residential society, you are eligible for a 20% subsidy on L1 rates for a solar panel with a capacity of up to 500 watts.

Conclusion

The article may have given you a good idea about the 250 W solar panel price, how they work, types, and more. Now, you must decide whether a 250 W solar panel is the best option.

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