🔄 Updated June 2026 — Latest Market Prices

Solar Panel Price in India 2026 — ₹20–₹28/Wp

Compare solar panel rates per watt by brand and technology — PERC, TOPCon, HJT. See full system costs and net price after ₹78,000 PM Surya Ghar subsidy.

₹20–₹28
Per Watt (TOPCon)
₹78,000
Max Subsidy Available
4–6 Yrs
Typical Payback Period

Solar Panel Price Per Watt — India 2026

Prices vary by panel technology and efficiency. Higher-efficiency panels cost more per watt but generate more power in less space.

Panel Type Price Per Watt Efficiency Best For
Polycrystalline ₹22 – ₹25 15–17% Budget installs, large roofs
Monocrystalline PERC ₹27 – ₹32 19–21% Residential rooftops
Half-cut PERC ₹30 – ₹35 20–22% Partial shade conditions
Bifacial Mono ₹32 – ₹38 21–23% Commercial, high-yield setups

* Prices are indicative for 2026 and may vary by state, brand, and order quantity. GST at 12% is included.

Solar System Price List by kW — With PM Surya Ghar Subsidy

Complete system prices include panels, inverter, mounting structure, wiring, and installation. Subsidy is credited to your bank after DISCOM verification.

System Size Approx. Cost PM Surya Ghar Subsidy Net Cost After Subsidy
1 kW ₹65,000 ₹30,000 ₹35,000
2 kW ₹1,20,000 ₹60,000 ₹60,000
3 kW ⭐ Popular ₹1,75,000 ₹78,000 ₹97,000
4 kW ₹2,30,000 ₹78,000 ₹1,52,000
5 kW ₹2,80,000 ₹78,000 ₹2,02,000
6 kW ₹3,30,000 ₹78,000 ₹2,52,000
7 kW ₹3,80,000 ₹78,000 ₹3,02,000
8 kW ₹4,30,000 ₹78,000 ₹3,52,000
9 kW ₹4,80,000 ₹78,000 ₹4,02,000
10 kW ₹5,30,000 ₹78,000 ₹4,52,000

* Subsidy capped at ₹78,000 for 3kW and above. Above 10kW systems are ineligible for residential subsidy. Prices include GST.

Top Solar Panel Brands in India — Estimated Comparison (2026)

Popular MNRE-empanelled brands commonly available in India. Specifications and pricing are indicative estimates only — contact brand dealers directly for current pricing.

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Important: Prices shown (₹/Watt) are estimated market ranges based on publicly available information as of early 2026. Actual prices vary by state, quantity, dealer, and GST. Efficiency and warranty data sourced from brand websites and industry reports — verify at the official brand website before purchase. SolarCalculators.in is not affiliated with, endorsed by, or a dealer of any brand listed. Brand names and trademarks are property of their respective owners.

Brand Panel Type Peak Efficiency Warranty Price Range/Watt
Adani Solar
Ahmedabad, Gujarat
Mono PERC, Bifacial 21.3% 25 yr performance
10 yr product
₹28–35
Tata Power Solar
Bengaluru, Karnataka
Mono PERC, Half-cut 21.5% 25 yr performance
12 yr product
₹30–38
Waaree Energies
Surat, Gujarat
Poly, Mono PERC, Bifacial 21.8% 27 yr performance
10 yr product
₹25–35
Vikram Solar
Kolkata, West Bengal
Mono PERC, Half-cut 22.0% 25 yr performance
12 yr product
₹29–36
Luminous Solar
Gurugram, Haryana
Poly, Mono PERC 19.8% 25 yr performance
10 yr product
₹23–30

⚠️ Disclaimer: All prices, efficiency ratings and warranty terms above are indicative estimates compiled from publicly available sources for informational purposes only. Prices fluctuate based on raw material costs, GST revisions, exchange rates and dealer margins. Always verify current pricing and specifications directly with the brand or an authorised dealer before making any purchase decision. SolarCalculators.in makes no representation or warranty, express or implied, regarding the accuracy, completeness or timeliness of this data. Use of this information is at the user's own risk. Last updated: May 2026.

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Factors That Affect Solar Panel Price in India

📍 Location & State

Prices vary by 5–15% across states due to logistics, local taxes, and DISCOM requirements. Rajasthan, Gujarat, and Maharashtra typically have competitive rates due to high solar activity.

🏭 Brand & Quality

Tier-1 brands like Adani, Tata, and Waaree command a 10–20% premium over local manufacturers. However, they offer better warranties, bankability, and long-term reliability.

⚡ Panel Technology

Bifacial and Half-cut PERC panels generate more units per panel but cost 30–50% more than standard poly panels. They offer better ROI for roofs with space constraints.

🔧 Installation Type

On-grid systems cost 20–30% less than hybrid (battery) systems. Off-grid systems with batteries are the most expensive. On-grid systems are recommended for urban areas with stable grid connectivity.

📦 System Size

Larger systems benefit from economies of scale. The cost per watt decreases as system size increases — a 10kW system typically costs ₹53/W all-inclusive vs ₹65/W for a 1kW system.

🌐 Import Duties

India imposes 40% Basic Customs Duty on imported solar cells and 25% on modules. This has pushed prices up but boosted domestic manufacturing from brands like Adani, Waaree, and Vikram.

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Frequently Asked Questions — Solar Panel Price India 2026

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