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Buying A Solar Inverter? Know 7 Factors That Determine Solar Inverter Price

In Business
December 21, 2021
Solar Panels in India Cost Installation Requirements 1 scaled 1

 Whether you have a strict budget or are willing to be flexible, it is always a good idea to compare solar inverter prices to ensure that you are receiving the best value for your money. And in order to do so, you must carefully consider a number of critical elements that influence solar inverter prices in India.

Each solar system is individually tailored to match the demands of each property, as well as the tax and incentive benefits. As a result, a number of factors will influence the final solar inverter price.

To assist you, we’ve outlined some key elements that can aid you in making the right choice, considering the solar inverter price that is best-suited to you:

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Load Requirement

It goes without saying that the solar inverter price is directly proportional to the load required. As a result, the larger the load need, the higher the inverter price. Assume there is a home property, X that requires basic electrical equipment such as fans, tubes, and LED lamps to function. Another residential property Y, on the other hand, requires the use of heavy-duty equipment such as air conditioners, washing machines, geysers, and other such items. In the instance of residential property, X, a basic inverter with a lower price will suffice. Residential property Y, on the other hand, would necessitate a high-capacity inverter, which may cost more. 

Type of Inverter

As far as we know, On Grid residential residences do not rely only on solar panels for power generation. They are connected to the local grid in order to draw energy from these power grids in times of need. However, because the off-grid inverters are not connected to the local grid, they must have a system in place to store the energy, which is solar batteries in this case. This will also add to the overall solar inverter price.

Installation Type

Solar panel systems come in a variety of shapes and sizes, and they may need the use of additional posts that must be fixed into the ground during installation. Hence, it is important to consider the installation, labor and component expenses as well when evaluating the solar panel price. 

The use of technology

You can pick between two types of solar inverters: PWM (Pulse Width Modulation) and MPPT (Multiple Power Point Tracking) (Maximum Power Point Tracking). Depending on your budget and load requirements, you can select between the two technologies. Inverters featuring MPPT technology are typically recommended for commercial or residential facilities with high power demands. If you only need a little amount of electricity, an inverter utilising PWM technology is the way to go.

Type of Roof

A solar panel system is chosen depending on the type of roof. The installation as well as the component expenses can vary due to this. Hence, it is best to go with trained professionals who will do a proper inspection of the place, so you have to pay the right solar inverter price and don’t end up with an unsuitable solar panel system.

Consumption of energy

The majority of solar panels are built to offset as much energy use as possible. The system will, however, require more panels and equipment as the amount of energy output required increases. If you are planning to install a solar panel system in your home, it is important to find a brand that will offer you effective and affordable solutions, aligned with your energy consumption pattern. 

Always choose a well-known brand

Purchasing a solar inverter is an investment that is supposed to last for years hence, it is preferable to deal with a reputed brand that can provide quality solutions at reasonable solar inverter prices. As a result, we recommend that you look into the extensive choice of solar inverters and other solar equipment available from Luminous India. They are one of India’s most trusted solar brands, and they have a reputation for being one of the industry’s pioneers.