Solar Panel Prices For Home in India: Complete Cost Guide

Introduction

Electricity costs in India have jumped 30% in the last 5 years. Meanwhile, solar tech has gotten cheaper and smarter. Investing in solar isn’t just about “going green”—it’s a practical escape from bill shock. But here’s the catch: solar panel prices varies wildly based on tech, size, and subsidies. Confused about where to start? We’ve got you. 

In this guide, we’ll help you understand the Best Solar Panels in India, so you can make an informed, cost-effective, and future-ready choice for your home or business.

In this Blog, you’ll Discover:

• What drives solar panel price (spoiler: it’s not just the panels!).
• 2025 price ranges for 1kW, 5kW, and 10kW systems (with & without subsidies).
• How government schemes can slash your cost by 60%.
• Why prices are dropping (and why NOW is the best time to buy).
• Real ROI examples (hint: many systems pay for themselves in <6 years!).

Ready? Let’s dive in!

What Determines Solar Panel Price?

Think of solar like a pizza—the panels are just the base! Toppings (inverters, batteries, labour) add cost. Here’s what shapes your solar panel price:

1. Panel Type & Price Per Watt

Not all panels are equal! Efficiency and material impact cost:

• Polycrystalline: ₹28–₹38/Watt – Budget-friendly, great for low-sun areas.
• Monocrystalline: ₹40–₹55/Watt – Sleek, efficient, ideal for rooftops.
• TOPCon/HJT: ₹65–₹100/Watt – Premium efficiency, max savings long-term.

Pro Tip: High-efficiency panels cost more upfront but need less roof space.

2. System Size: Bigger = Cheaper Per Watt

Solar scales beautifully! Here’s how solar panel price changes with size:

System Size	Pre-Subsidy Cost	Post-Subsidy Cost
1kW	₹60,000–₹85,000	₹30,000–₹55,000
3kW	₹1.8L–₹2.5L	₹1L–₹1.7L
10kW	₹5L–₹7L+	₹4.2L–₹6.2L

Note: Subsidies cap at 10kW.

3. System Type: Grid-Tied vs. Hybrid

Need backup? Batteries spike costs:

• On-Grid: Simple, uses grid as “battery” (cheapest).
• Hybrid: Solar + Battery (add ₹30k–₹1.5L for batteries).
• Off-Grid: Fully independent (most expensive).

4. “Hidden” Costs: Inverters, Mounting & Labour

Balance of System (BoS) adds ₹5k–₹30k/kW:

• Inverters (Micro vs String vs Hybrid)
• Rust-proof mounting structures
• Wiring, connectors, and expert installation

Solar Panel Price by Type in India (2025)

Confused about panel types? Let’s simplify the Types of Solar Panels so you can choose what works best for your energy needs and budget.

Panel Type	Efficiency	Price (₹/Watt)	Best For
Polycrystalline	15–17%	₹28 – ₹38	Budget homes, large roofs
Monocrystalline	18–21%	₹40 – ₹55	Most homes (space-efficient)
Bifacial	20–23%	₹55 – ₹70	Ground mounts, reflective surfaces
TOPCon / HJT	22–24%	₹65 – ₹100	Max ROI, small roofs

Fact: “1 kg solar panel price” is a common typo! Panels are sold by wattage (not weight). A 1kW system weighs ~65kg, costing ~₹60k–₹85k.

Government Subsidies: Slash Your Solar Panel Price!

Thanks to new schemes, your solar panel price could drop 30–60%:

1. PM Surya Ghar Muft Bijli Yojana (2025)

• ₹30,000 subsidy for 1kW systems
• ₹60,000 for 2kW systems
• ₹78,000 for 3kW+ systems
  Covers 3kW max per household.

2. MNRE Central Subsidy + Net Metering

• 30–40% subsidy for systems ≤3kW
• 20% for 3–10 kW systems
• Net Metering: Sell excess power to the grid!

3. State Bonuses (2025 Examples)

• UP: Extra ₹15k for 1kW systems
• Gujarat/Maharashtra: Tax rebates + low-interest loans
• Tamil Nadu: Zero electricity tax for solar users

Real-World Solar Panel Price Examples

Let’s crunch numbers with 2025 rates:

1. 1–2kW System (1–2 BHK Homes)

• Pre-subsidy: ₹60,000–₹85,000 (for 1 kilowatt solar panel price)
• Post-subsidy: ₹30,000–₹55,000
• Monthly Savings: ₹800–₹1,500

2. 3–5 kW System (3–4 BHK Homes)

• Pre-subsidy: ₹1.8L–₹3.5L
• Post-subsidy: ₹1L–₹2.5L
• Monthly Savings: ₹2,500–₹4,500

3. 10kW System (Large Homes/Businesses)

• Cost: ₹5L–₹7L+ (subsidy: ₹94,000 max)
• Monthly Savings: ₹8,000+

Note: 1 kW solar panel price in India starts at ₹ 60k but varies by state.

Why Solar Panel Prices are CRASHING ?(Good News!)

Let’s understand why solar panels prices keep getting lower, and why it’s the best time to invest in solar panels.

• Swanson’s Law: Prices drop 20% every time global installations double (happening now!).
• Made-in-India Push: PLI schemes cut import reliance; local panels are 15% cheaper.
• Tech Innovations: TOPCon panels produce 10% more power at similar costs.
• Material Costs: Aluminum frames and solar glass prices fall down.

Your 25-Year Savings Calculator

For a 3kW System (Monocrystalline):

Cost Factor	Amount
System Cost (After Subsidy)	₹1.47L
Annual Electricity Savings	₹28,000
5-Year Savings	₹1.40L
10-Year Savings	₹2.80L
25-Year Savings	₹7L+

Bonus: Increase your property value by 4–8%!

Why Choose Usha Shriram Solar?

We’re not just sellers—we’re your solar partners! At Usha Shriram Solar, we make solar simple and trustworthy. Here’s how we add value:

• Zero Surprise Pricing: All-inclusive quotes (no hidden fees)
• Subsidy Superstars: We handle 100% paperwork
• 25-Year Warranties: Panels + performance guarantee
• Free Roof Assessment: Custom-designed systems

Want to know how much it costs to install Solar Panels? Here’s a simple guide to the Solar Panel Installation Cost in India.

Conclusion

Understanding the solar panel price is your key to massive savings. With the 1 kW solar panel price in India now as low as ₹45,000 after subsidies, and payback in just 4–6 years, there’s never been a better time to switch. Don’t get tricked by “per kg” myths – solar is priced per watt, not weight!

At Usha Shriram Solar, we give honest quotes, handle all subsidy paperwork, and use top-tier panels so you get decades of near-free power. Don’t overpay! Get a FREE personalised quote from Usha Shriram Solar today. Our experts will:

• Calculate the exact solar panel 1 kW price for YOUR home
• Explain subsidies in your state
• Show lifetime savings projections

FAQ’s