India's solar revolution is accelerating faster than a Mumbai local train at rush hour. With panel prices falling 43% since 2020 according to MNRE data, residential systems now pay for themselves in 4-7 years instead of decades. But what's driving this price plung
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India's solar revolution is accelerating faster than a Mumbai local train at rush hour. With panel prices falling 43% since 2020 according to MNRE data, residential systems now pay for themselves in 4-7 years instead of decades. But what's driving this price plunge?
Let's crack open the numbers like a street vendor splitting coconuts:
A 100kW system in Gujarat recently achieved ₹3.8/watt including smart inverters - cheaper than running diesel generators during peak hours.
Beware of "cheap" quotes that vanish faster than monsoon runoff:
Smart buyers are opting for:
Install during monsoon season (June-September) when vendors offer 15-20% discounts to counter slow demand - just ensure your installer uses waterproof connectors!
The PM Surya Ghar Muft Bijli Yojana now offers:
As sunlight penetrates India's energy market deeper than Delhi's summer heat, prices continue their downward trajectory. With 2025 projections showing another 12-18% reduction by Q4, strategic timing of your purchase could save enough to power your neighbor's home too.
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