In 2026 a complete rooftop solar system in Madhya Pradesh or Chhattisgarh costs about ₹2,00,000 for 3 kW and ₹3,00,000 for 5 kW installed by Sunvera Energy, which works out to ₹60,000–67,000 per kW for residential on-grid systems with tier-1 panels. The PM Surya Ghar subsidy returns up to ₹78,000 to homeowners, so the real cost of a 3 kW system is close to ₹1,22,000 — an amount a ₹2,500 monthly bill pays back in about four years.
Solar panel price list 2026 — residential and commercial
These are Sunvera Energy's typical installed prices for on-grid systems using Waaree, Adani or Tata panels. They include the panels, inverter, galvanised structure, cabling, protection devices, installation, commissioning and all net-metering and subsidy paperwork.
| Capacity | Panels (≈545 Wp) | Roof needed | Installed price | Price per kW |
|---|---|---|---|---|
| 1 kW | 2 | 100 sq ft | ₹75,000–80,000 | ₹75,000–80,000 |
| 2 kW | 4 | 200 sq ft | ₹1,40,000–1,50,000 | ₹70,000–75,000 |
| 3 kW | 6 | 300 sq ft | ≈ ₹2,00,000 | ≈ ₹67,000 |
| 5 kW | 9–10 | 500 sq ft | ≈ ₹3,00,000 | ≈ ₹60,000 |
| 10 kW | 18–19 | 1,000 sq ft | ₹5,50,000–6,00,000 | ₹55,000–60,000 |
| 25 kW | 46 | 2,500 sq ft | ₹12,50,000–13,50,000 | ₹50,000–54,000 |
| 50 kW | 92 | 5,000 sq ft | ₹22,50,000–25,00,000 | ₹45,000–50,000 |
Per-kW cost falls as capacity rises because the inverter, structure and labour are shared across more panels. Prices move with module prices and GST, so treat these as 2026 planning figures and ask for a written quotation for your roof.
The solar panel price in Madhya Pradesh and Chhattisgarh is essentially the same — both states fall under the central PM Surya Ghar scheme, both have similar irradiance, and Sunvera's component sourcing and installation teams are shared across the two. The only practical difference is the DISCOM: MPMKVVCL or MPPKVVCL in Madhya Pradesh and CSPDCL in Chhattisgarh, whose application fees are small and fixed. A homeowner in Shivpuri and one in Bilaspur will receive the same quotation for the same roof.
What changes the price — and what doesn't
Two 3 kW quotations can differ by ₹20,000–30,000. These are the legitimate reasons:
- Panel technology — TOPCon and bifacial modules cost 5–10 per cent more than mono-PERC but generate 3–8 per cent more over the year.
- DCR vs non-DCR panels — the PM Surya Ghar subsidy requires DCR (domestically manufactured cell) modules, which carry a small premium. Non-DCR panels are cheaper but make the system ineligible for subsidy.
- Structure height — an elevated structure that leaves the roof usable underneath adds ₹8,000–15,000 per kW over a standard low-rise structure.
- Cable run — a meter room far from the roof, or a multi-storey building, adds cable and conduit.
- Inverter type — hybrid inverters with battery support cost roughly twice a plain grid-tied inverter, and batteries are extra.
What should not change the price: "liaison charges" for net metering, "subsidy processing fees" or "portal registration charges". The PM Surya Ghar portal is free and the DISCOM application fee is a fixed small amount paid to the DISCOM. Sunvera Energy includes all paperwork in the system price.
PM Surya Ghar subsidy — how it changes your real cost
The PM Surya Ghar Muft Bijli Yojana pays a central financial assistance directly into the homeowner's bank account after the system is commissioned and the net meter is installed.
| System | Subsidy calculation | Subsidy | Installed price | Your net cost |
|---|---|---|---|---|
| 1 kW | ₹30,000 × 1 | ₹30,000 | ₹78,000 | ≈ ₹48,000 |
| 2 kW | ₹30,000 × 2 | ₹60,000 | ₹1,45,000 | ≈ ₹85,000 |
| 3 kW | ₹60,000 + ₹18,000 | ₹78,000 | ₹2,00,000 | ≈ ₹1,22,000 |
| 5 kW | capped | ₹78,000 | ₹3,00,000 | ≈ ₹2,22,000 |
Conditions: the applicant must be a residential consumer with a DISCOM connection in their name, the system must be on-grid with DCR panels, and the vendor must be registered on the portal — Sunvera Energy is. Housing societies can claim ₹18,000 per kW for common-area systems up to 500 kW. Commercial and industrial consumers are not eligible but can claim accelerated depreciation instead.
EMI, payback and 25-year savings
Take a Shivpuri or Bilaspur household paying ₹2,500 a month, about 300 units at the upper domestic slab. A 3 kW system generates roughly 360–400 units a month, so the bill falls to the fixed charges — a saving of about ₹2,300 a month or ₹27,600 a year.
- Net cost after subsidy: ≈ ₹1,22,000.
- Simple payback: ₹1,22,000 ÷ ₹27,600 ≈ 4.4 years. With tariff increases of 3–5 per cent a year it is closer to four.
- EMI: a ₹1,22,000 loan over 7 years at about 9.5 per cent is roughly ₹2,000 a month — less than the bill it replaces, so the system is cash-positive from month one.
- 25-year value: with 0.5 per cent annual panel degradation and modest tariff growth, lifetime savings on a 3 kW system land between ₹9 and ₹12 lakh.
Commercial customers on ₹8–11 per unit tariffs see faster returns: a 50 kW plant costing about ₹24 lakh offsets ₹5–6 lakh of electricity a year, a payback of roughly four years before depreciation benefits.
How to get an accurate price for your roof
Send Sunvera Energy your last three electricity bills and a photo of the roof on WhatsApp, and you will get a preliminary size and price the same day. A free site survey then confirms the roof area, shading, structure and cable run, and the final written quotation lists every component by brand, the subsidy amount, the finance option and the expected monthly generation for your district. Prices on this page are indicative for 2026 and are confirmed in that quotation.
Frequently Asked Questions
About ₹2,00,000 installed by Sunvera Energy with Waaree, Adani or Tata panels, inverter, structure, cabling, installation and net-metering paperwork included. After the PM Surya Ghar subsidy of ₹78,000, the net cost to a homeowner is roughly ₹1,22,000. Chhattisgarh prices are the same; only the DISCOM differs.
About ₹3,00,000 installed. The PM Surya Ghar subsidy is capped at ₹78,000 for systems of 3 kW and above, so the net cost is roughly ₹2,22,000. A 5 kW system generates 600–650 units a month, enough for a home running one or two air conditioners.
Residential systems cost ₹60,000–80,000 per kW depending on size — smaller systems cost more per kW because the inverter and structure are shared across fewer panels. Commercial and industrial plants of 25–50 kW come down to ₹45,000–54,000 per kW.
It is paid later, directly into the homeowner's bank account by the central government after commissioning and net-meter installation are verified on the PM Surya Ghar portal — typically within 30 days. You pay the full system price to the vendor; bank finance is available for the full amount.
Yes. Sunvera Energy arranges residential solar loans through HDFC Bank, SBI, PNB and Bank of Baroda. Loans up to ₹2 lakh for systems up to 3 kW carry concessional interest under the PM Surya Ghar scheme, with tenures up to 10 years, and the EMI is normally lower than the electricity bill the system replaces.
Usually because of non-DCR panels (which lose the subsidy), lower-grade inverters or structures, thinner cabling, or paperwork left to the customer. Always compare quotations on named brands, structure type, warranty terms and what is included — not on the headline figure alone.
Written generation estimate, exact price after subsidy and bank-finance options — no obligation.