What is the current solar panel price per watt in India in 2026?

In 2026, solar panel prices in India range from ₹22 to ₹38 per watt depending on the technology. Polycrystalline panels cost ₹22–25/watt, Monocrystalline PERC panels cost ₹27–32/watt, Half-cut PERC panels cost ₹30–35/watt, and premium Bifacial Mono panels cost ₹32–38/watt. These prices include the panel only and not installation or inverter costs.

How much does a 3kW solar system cost in India after subsidy?

A 3kW solar system costs approximately ₹1,75,000 before subsidy. Under PM Surya Ghar Muft Bijli Yojana, the government provides a subsidy of ₹78,000 for systems up to 3kW. So the net cost after subsidy comes to around ₹97,000, making it a very affordable investment with a payback period of 4–6 years.

Which solar panel brand is best in India in 2026?

Top solar panel brands in India in 2026 include Adani Solar, Tata Power Solar, Waaree Energies, Vikram Solar, and Luminous. Waaree and Adani are top choices for value, while Tata Power Solar and Vikram Solar are preferred for premium quality. All these brands offer 25-year performance warranties and efficiency ratings between 19%–22%.

What is the PM Surya Ghar subsidy amount in 2026?

Under PM Surya Ghar Muft Bijli Yojana 2026, the subsidy is ₹30,000 for 1kW systems, ₹60,000 for 2kW systems, and ₹78,000 for 3kW and above (up to 10kW residential systems). The subsidy is credited directly to your bank account after installation through an empanelled DISCOM installer.

How many solar panels do I need for a 5kW system?

For a 5kW solar system in India, you typically need 12–15 solar panels depending on panel wattage. If using 400W panels, you need 12–13 panels; with 350W panels, you need about 14–15 panels. Each panel requires approximately 2 sq. meters of roof space, so you need at least 25–30 sq. meters of shade-free rooftop area for a 5kW installation.

Solar Panel Price List 2026 India — Brand-wise Rates Per Watt

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 — 2026 Comparison

All brands below are MNRE-approved and eligible for PM Surya Ghar subsidy installations.

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

🧮 Solar Price Calculator — Get Instant Cost Estimate

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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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