Understanding Pricing, Subsidies, Savings & What You Should Know Before Installing Solar

With rising electricity bills and increasing awareness about sustainable energy, more homeowners and businesses in Mumbai are switching to solar power. But one of the most common questions people ask is:

 “How much does solar panel installation actually cost in Mumbai?”

The answer depends on multiple factors — system size, subsidy eligibility, installation type, and long-term savings goals.

In this complete 2026 guide, we explain everything you need to know about solar installation costs in Mumbai and adjoining areas like Thane, Palghar, and Kasara.

Average Solar Panel Installation Cost in Mumbai (2026)

Solar system prices vary based on capacity and quality of components. Below is a general estimate:

• 1 kW solar system: ₹65,000 – ₹90,000
  
  
• 3 kW solar system: ₹1.8 lakh – ₹2.7 lakh
  
  
• 5 kW solar system: ₹3 lakh – ₹4.5 lakh
  
  
• 10 kW solar system: ₹6 lakh – ₹9 lakh
  
  

These costs may change depending on:

• Roof structure and space
  
  
• Mounting type
  
  
• Panel quality and inverter brand
  
  
• Installation complexity
  
  
• Government subsidy benefits
  
  

 What Factors Affect Solar Installation Cost?

1️⃣ System Size

The larger the system, the higher the upfront cost — but cost per kW reduces with scale.

2️⃣ Roof Type & Structure

Flat RCC roofs are easier and more economical compared to sloped or tiled roofs.

3️⃣ Quality of Components

Premium panels and inverters offer higher efficiency and longer lifespan.

4️⃣ Net Metering & Permissions

Local regulations and approvals may influence installation timelines.

Government Subsidy Under PM Surya Ghar Yojana

The Indian government encourages rooftop solar adoption through subsidy schemes like PM Surya Ghar Yojana.

Eligible residential users may receive:

• Financial assistance based on system size
  
  
• Faster payback period
  
  
• Reduced upfront investment
  
  

A professional solar installer helps ensure:

• Proper documentation
  
  
• Correct subsidy application
  
  
• Smooth approval process
  
  

How Much Can You Actually Save?

Solar is not just environmentally friendly — it’s financially smart.

Typical benefits include:

• Reduce electricity bills by up to 70–80%
  
  
• Protection from rising electricity tariffs
  
  
• Long-term savings over 20–25 years
  
  
• Increased property value
  
  

Example:

A 5 kW system in Mumbai can significantly offset monthly electricity usage depending on consumption patterns.

Solar for Apartments, Societies & Businesses

Many housing societies and commercial buildings across Mumbai and Navi Mumbai are now adopting rooftop solar.

Benefits include:

• Reduced common area electricity costs
  
  
• Lower maintenance expenses
  
  
• Sustainable energy branding
  
  

Solar EPC providers manage the entire process from consultation to installation.

Zero Investment & EMI Options

Many homeowners hesitate due to upfront costs.

Today, solar financing options allow:

• Easy EMI plans
  
  
• Flexible payment structures
  
  
• Low initial investment
  
  

This makes solar accessible to more households and businesses.

How to Choose the Right Solar Company in Mumbai

Before installing solar, make sure your installer provides:

• Site feasibility assessment
  
  
• Detailed cost analysis
  
  
• Quality components
  
  
• Maintenance support
  
  
• Transparent pricing
  
  

Choosing an experienced EPC partner ensures long-term system performance.

Solar Installation Services in Mumbai & Adjoining Areas

Sunraise Solar Technology provides end-to-end solar solutions across:

Mumbai | Thane | Palghar | Kasara

From consultation and design to installation and support — everything is handled seamlessly.

Ready to Explore Solar for Your Property?

If you’re considering solar installation and want to understand the exact cost for your home or business:

👉 Book a FREE solar consultation today.

Send your electricity bill or roof details for a quick assessment and personalised estimate.