India Solar Pricing

Solar Panel Price in India (2026): Complete Cost Guide

📅 Last Updated: October 2026 ⏱️ 10 min read

The solar panel price in India in 2026 ranges from ₹24 to ₹32 per watt for DCR-compliant modules, depending on technology and brand. A typical 3kW rooftop system costs ₹1,80,000–₹2,20,000 before subsidy, dropping to roughly ₹1,02,000–₹1,42,000 after the PM Surya Ghar subsidy of ₹78,000. This guide breaks down per-watt rates, complete system costs by size, brand comparisons, and state-wise pricing.

⚡ Quick Answer: What is the solar panel price in India?

DCR Mono PERC panels cost ₹24–₹28 per watt and TopCON modules cost ₹28–₹32 per watt in 2026. Complete installed system prices: 1kW at ₹65,000–₹80,000, 3kW at ₹1,80,000–₹2,20,000, and 5kW at ₹2,80,000–₹3,50,000 before subsidy. PM Surya Ghar subsidy cuts ₹30,000–₹78,000 off these prices for eligible residential installations.

Solar Panel Price Per Watt in India (2026)

Module prices vary by cell technology. For PM Surya Ghar subsidy eligibility, only DCR (Domestic Content Requirement) modules listed on the ALMM (Approved List of Models and Manufacturers) qualify. The table below shows indicative ex-factory module rates.

Panel TechnologyPrice Per WattEfficiencySubsidy Eligible
Polycrystalline (DCR)₹20–₹2416–17%Yes, if ALMM-listed
Mono PERC (DCR)₹24–₹2820–21%Yes
TopCON (DCR)₹28–₹3222–23%Yes
Bifacial Mono PERC (DCR)₹26–₹3020–21% (front)Yes

Note: these are panel-only prices. A complete rooftop system adds inverters, mounting structures, cabling, net metering charges, and installation labour, which is why installed system costs run significantly higher than the per-watt module rate multiplied by capacity.

Rooftop Solar System Price by Size in India

The table below shows approximate installed costs for on-grid residential systems using DCR Mono PERC panels from Tier-1 Indian brands, before and after PM Surya Ghar subsidy.

System SizeApprox. Cost (Before Subsidy)PM Surya Ghar SubsidyEffective CostMonthly Generation
1 kW₹65,000–₹80,000₹30,000₹35,000–₹50,000~120 units
2 kW₹1,20,000–₹1,50,000₹60,000₹60,000–₹90,000~240 units
3 kW₹1,80,000–₹2,20,000₹78,000₹1,02,000–₹1,42,000~360 units
5 kW₹2,80,000–₹3,50,000₹78,000₹2,02,000–₹2,72,000~600 units
10 kW₹5,50,000–₹6,50,000₹78,000₹4,72,000–₹5,72,000~1,200 units
💡 Best value sweet spot: The 3kW system offers the highest subsidy-to-cost ratio. The ₹78,000 subsidy covers roughly 35–40% of a 3kW installation, compared to about 22–28% for a 5kW system (subsidy is capped at ₹78,000 above 3kW).

Solar Panel Prices by Brand in India

All major Indian manufacturers produce ALMM-listed DCR modules eligible for subsidy. Prices across Tier-1 brands are broadly comparable; installer margins and system design affect your final quote more than brand choice.

  • Waaree Energies: India's largest module manufacturer; wide DCR TopCON and Mono PERC range.
  • Vikram Solar: Established DCR portfolio with strong residential installer network.
  • Tata Power Solar: Integrated EPC presence; premium pricing but extensive service network.
  • Adani Solar: Large-scale DCR manufacturing; competitive module pricing.
  • Goldi Solar: Gujarat-based manufacturer with growing rooftop installer partnerships.

When comparing quotes, verify the exact module model number against the ALMM list, confirm DCR compliance in writing, and check the 25-year linear performance warranty terms rather than choosing on brand name alone.

State-Wise Solar Panel Prices

Installed prices vary by state due to DISCOM charges, net metering fees, labour rates, and state top-up subsidies. See detailed pricing for your state:

Also compare 3kW system prices and 5kW system prices across states to find the best value for your rooftop size.

Factors That Affect Solar Panel Price in India

  • Cell technology: TopCON commands a ₹4–₹6/watt premium over Mono PERC for 1–2% higher efficiency.
  • DCR compliance: DCR modules cost slightly more than non-DCR imports but are mandatory for subsidy.
  • System size: Per-kW installed cost falls as system size grows due to fixed costs (inverter, net meter, labour) being spread wider.
  • Roof type: RCC roofs are cheapest; tin shed or elevated structures add ₹5,000–₹15,000.
  • DISCOM charges: Net metering application fees and inspection charges vary by state and distribution company.
  • Installer margins: Get at least three quotes from MNRE-empanelled vendors; pricing for identical hardware can vary 15–20%.

How to Get the Best Solar Panel Price

  1. Compare three empanelled vendors — never accept the first quote. Use our vendor directory to find approved installers.
  2. Insist on itemised quotes — module model, inverter brand, structure type, and all DISCOM fees listed separately.
  3. Verify DCR and ALMM — ask for the module datasheet and check the model on the ALMM list before paying any advance.
  4. Time it with subsidy — apply through PM Surya Ghar to claim ₹30,000–₹78,000 via DBT.
  5. Check state top-ups — some states add their own subsidy on top of the central assistance; see our India solar hub for details.

Frequently Asked Questions

Q: What is the current solar panel price per watt in India?
A: In 2026, DCR-compliant Mono PERC panels cost ₹24–₹28 per watt and TopCON modules ₹28–₹32 per watt. These are module-only prices.

Q: How much does a 3kW solar system cost in India in 2026?
A: Approximately ₹1,80,000–₹2,20,000 before subsidy. After the ₹78,000 PM Surya Ghar subsidy, the effective cost is roughly ₹1,02,000–₹1,42,000.

Q: Does the PM Surya Ghar subsidy reduce solar panel prices?
A: Yes — ₹30,000 for 1kW, ₹60,000 for 2kW, and ₹78,000 for 3kW+ systems, paid via DBT after installation by an empanelled vendor.

Q: Which solar panel brand offers the best price in India?
A: Waaree, Vikram Solar, Tata Power Solar, Adani Solar, and Goldi Solar all offer comparable Tier-1 DCR pricing. Compare installer quotes rather than brands.

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