Solar panel prices in India have dropped significantly in 2026. Choosing the right solar panel brand affects both your system performance and PM Surya Ghar subsidy eligibility. Here are the top options.
Types of Solar Panels Available in India
Monocrystalline Solar Panels (Best Efficiency)
Efficiency: 20-22%. Higher cost but best for small rooftop spaces. Brands: Waaree, Adani Solar, Tata Power Solar. Price: Rs 25 – Rs 35 per watt.
Polycrystalline Solar Panels (Budget Option)
Efficiency: 15-17%. Lower cost, suitable for larger rooftops. Brands: Luminous, Vikram Solar, Renewsys. Price: Rs 18 – Rs 25 per watt.
Bifacial Solar Panels (Premium)
Efficiency: 22-24%. Generate power from both sides. Best for areas with reflective surfaces. Price: Rs 30 – Rs 40 per watt.
Top Solar Panel Brands in India 2026
- Waaree Energies – Largest Indian manufacturer, DISCOM-approved
- Adani Solar – Reliable with strong warranty support
- Tata Power Solar – Premium quality, excellent after-sales
- Vikram Solar – Export quality panels, IEC certified
- Luminous Solar – Popular for residential use
- Loom Solar – Good value for residential systems
PM Surya Ghar Subsidy Approved Panels
Only ALMM (Approved List of Models and Manufacturers) listed panels are eligible for PM Surya Ghar subsidy. All reputed Indian brands are ALMM listed. Always confirm with your vendor.
Total System Cost Estimate 2026
- 1 kW: Rs 60,000 – Rs 75,000 (before subsidy)
- 2 kW: Rs 1,20,000 – Rs 1,50,000 (before subsidy)
- 3 kW: Rs 1,80,000 – Rs 2,10,000 (before subsidy)
- 5 kW: Rs 2,80,000 – Rs 3,20,000 (before subsidy)
Use our Solar Subsidy Calculator to see your net cost after PM Surya Ghar subsidy.