Buy Solar Panel-Solar Panel Price in India

Electricity bills in India are rising every year, and people continue to rely on power from their local electricity boards. Frequent power cuts and the increasing cost of diesel for DG sets have pushed households and businesses to search for better alternatives. While DG sets are common, they come with high maintenance and fuel costs.

The solution? Solar power systems. With abundant sunlight across India, solar energy is one of the most cost-effective and sustainable options for electricity generation. The Ministry of New and Renewable Energy (MNRE) is also supporting the adoption of solar by offering subsidies on Made in India solar panels.

If you are planning to switch to solar, one of the most important questions you may have is: What is the solar panel price in India today? Let’s break it down.

Types of Solar Panels in India

Before checking prices, it’s essential to understand the two main types of solar panels available in India:

1. Monocrystalline Solar Panels

• Made from a single silicon crystal.

• Higher efficiency (up to 22%).

• Requires less rooftop space for the same power output.

• Slightly more expensive compared to polycrystalline panels.

2. Polycrystalline Solar Panels

• Made from multiple silicon crystals.

• Efficiency ranges between 13% – 19%.

• Requires more panels for the same power capacity.

• More affordable and widely available in the Indian market.

Most solar panels in India are polycrystalline because they balance efficiency and affordability. However, if you have limited roof space and want maximum output, monocrystalline is worth considering.

Solar Panel Efficiency in India

The typical efficiency range of solar panels in India is 13% to 19%. A higher efficiency panel generates more electricity per square meter, meaning fewer panels are needed.

For example:

• A 15% efficient panel might generate 150W per square meter.

• A 19% efficient panel could generate 190W per square meter.

So while higher efficiency panels cost more, they save rooftop space and can deliver better long-term value.

Solar Panel Price in India (Per Watt Basis)

The price of a solar panel in India depends on the brand, efficiency, wattage, and whether you are buying in bulk.

• Average price: ₹30 – ₹50 per watt

• Higher wattage panels (e.g., 400W+) are cheaper per watt compared to smaller panels (e.g., 100W).

Example Calculation

Suppose you want a 1kW (1000Wp) solar setup:

• If the per watt price is ₹42 → 1000 × 42 = ₹42,000

• So, a 1kW solar panel system would cost around ₹35,000 – ₹42,000 (for panels only).

On-Grid vs Off-Grid Solar Power System Price in India

When buying solar, you also need to decide between on-grid and off-grid solar power systems.

1. Off-Grid Solar Power System

• Includes panels + inverter + batteries.

• Best for areas with frequent power cuts.

• Batteries store extra power for night use.

• Cost: Around ₹1,00,000 per kWp.

• Battery replacement required every 4–7 years.

2. On-Grid Solar Power System

• Connected directly to the electricity grid.

• Extra power generated can be sold back to the grid through net metering.

• No batteries → lower cost compared to off-grid.

• Cost: ₹50,000 – ₹70,000 per kWp.

• Drawback: At night, you still rely on the electricity board supply.

Subsidies on Solar Panels in India

The Government of India, through MNRE, provides subsidies to encourage the use of solar. However, subsidies are only available on Made in India solar panels.

• Subsidy is available for residential rooftop solar systems.

• Typically, subsidy covers up to 40% of the benchmark cost (for smaller systems).

• Larger rooftop systems (up to 10kW) also qualify for reduced subsidy rates.

If you are installing solar to cut your electricity bills, opting for an on-grid solar power system with subsidy can be a game-changer.

Solar panel price(Tabular):

Solar Panel Price(Graphical):

Best Solar panel Brands in India

Cost Breakdown – Solar Panel Price Example

Let’s assume you want to set up a 1kW solar panel system:

• Load: 1000Wp

• Using 250Wp panels → 4 panels needed.

• Per watt price: ₹42

• Total cost of panels = ₹42,000

So, you can expect to spend ₹35,000 – ₹42,000 for a 1kW solar panel setup in India (panels only). Adding inverter, batteries, and installation will increase the total cost.

Factors Affecting Solar Panel Price in India

Several factors impact the cost of solar panels:

• Type of panel: Monocrystalline vs Polycrystalline.

• Capacity: Higher wattage panels are cheaper per watt.

• Brand: Premium brands may cost slightly more.

• Quantity: Bulk purchases lower the per watt cost.

• System type: Off-grid is more expensive due to batteries.

• Government subsidy: Can reduce upfront cost.

Why Choose Solar Power in India?

Switching to solar has several benefits beyond just saving money:

• Lower electricity bills – Reduce reliance on grid electricity.

• Eco-friendly – Solar panels do not emit greenhouse gases.

• Energy independence – Especially in rural areas with power cuts.

• Government support – Subsidies and net metering policies.

• Long-term savings – Panels last 20–25 years with minimal maintenance.

FAQs on Solar Panel Price in India

Q1. What is the average solar panel price per watt in India?
The average price is between ₹30 – ₹50 per watt, depending on brand, type, and capacity.

Q2. What is the cost of a 1kW solar panel system in India?
A 1kW solar system costs around ₹35,000 – ₹42,000 for panels only, and ₹50,000 – ₹1,00,000 including inverter, batteries, and installation.

Q3. Which solar panel is better – monocrystalline or polycrystalline?
Monocrystalline panels are more efficient and require less space, but they are costlier. Polycrystalline panels are affordable and widely used in India.

Q4. Is subsidy available on all solar panels?
No. Subsidy is only available on Made in India solar panels under MNRE schemes.

Q5. How long do solar panels last?
Good quality solar panels last 20–25 years with minimal degradation.

Conclusion

The solar panel price in India has become affordable compared to the long-term benefits it offers. Whether you choose an on-grid solar power system to cut electricity bills or an off-grid setup for power backup, solar is a smart investment. With government subsidies, rising electricity costs, and falling solar panel prices, now is the perfect time to go solar.

If you are planning to buy solar panels or a complete solar power system, explore reliable options and get professional guidance at solarclue.com and blog.solarclue.com. Take the first step today toward energy independence and a greener tomorrow.