How much does a solar panel cost in India?

In 2025, solar panel prices in India range from ₹14,000 (330W polycrystalline) to ₹45,000 (600W bifacial). The average cost per watt is between ₹35–₹50. High-efficiency monocrystalline panels like IB Solar’s 545W model cost approximately ₹35,000–₹40,000 per panel. Prices vary based on technology, brand reputation, and warranty terms.

Are solar PV panels a good investment in India?

As more households and industries across India switch to clean energy, solar PV panels are leading the charge toward sustainability and savings. Whether you’re a homeowner curious about lowering your electricity bill or a business planning a large-scale setup, understanding the solar PV panel cost is your first smart move.

What are the best solar panel brands in India 2025?

Here’s a detailed comparison of the best solar panel brands in India 2025, based on efficiency, durability, price, and customer reviews. 1. Loom Solar (Monocrystalline, 550W – Best for Home Use) 2. Vikram Solar (Polycrystalline, 330W – Budget-Friendly Option) 3. Waaree Solar (Bifacial, 600W – High Efficiency) 4.

What is the solar panel price in India government subsidy?

The solar panel price in India government subsidy is a game-changer for individuals and businesses looking to switch to solar energy. Under the Rooftop Solar Scheme by the Ministry of New and Renewable Energy (MNRE), the Indian government provides subsidies ranging from 20% to 40% based on system capacity. 1.

How much do bifacial solar panels cost in India?

Bifacial solar panels are groundbreaking. They can absorb light from both sides, which boosts their power production. Because of their impressive technology, they fall between Rs 27 to Rs 32 per watt. The price of a home solar system in India changes based on its size.

How can government help reduce solar panel costs in India?

Government help can cut down solar panel costs in India. The Indian government gives subsidies to reduce the price. For instance, home systems can get a subsidy of Rs 14,588 per kilowatt. But, the brand and quality of your solar panels also matter. Usually, well-known brands cost more. Installing a solar system needs more than just solar panels.