🌿 Green Building
How Much Do Solar Panels Cost for a Home in India?
🤖 AI Answer by Biddaro⏱ 8 min read📅 Updated 1 November 2024
⚡ Quick Answer
Residential solar panel systems in India cost ₹60,000–90,000 per kW installed. A typical 3kW system for a 2BHK costs ₹1.8–2.5 lakh after subsidy, generating ₹15,000–20,000 worth of electricity annually.
- 1 kW (1BHK/small home): ₹60,000–90,000 — After 30% PM Surya Ghar subsidy
- 2 kW (2BHK): ₹1.2–1.8 lakh — Covers 80% of average bill
- 3 kW (3BHK): ₹1.8–2.5 lakh — Most popular size
- 5 kW (Large home/Villa): ₹2.8–4 lakh — Near-zero electricity bill
- 10 kW (Villa/Bungalow): ₹5–7 lakh — Full independence + net metering
PM Surya Ghar Subsidy (2024)
- 1–2 kW systems: ₹30,000/kW subsidy
- 2–3 kW systems: ₹18,000/kW subsidy for 3rd kW
- Above 3 kW: No additional subsidy
- Additional state subsidies available in some states (check DISCOM)
ROI and Payback Period
| System | Annual Savings | Payback Period |
|---|---|---|
| 2 kW | ₹10,000–15,000 | 8–10 years |
| 3 kW | ₹15,000–22,000 | 7–9 years |
| 5 kW | ₹25,000–38,000 | 6–8 years |
| 10 kW | ₹50,000–75,000 | 5–7 years |
💡
Key Tip
Register on the PM Surya Ghar portal (pmsuryaghar.gov.in) before installing — subsidy only applies to installations done through DISCOM-approved vendors.
Related topics:
solar panelssolar cost indiagreen buildingenergy saving