Solar Panel Price in Mumbai with Subsidy (2025–2026)
Complete guide to installing rooftop solar in Mumbai, Maharashtra. Calculate exact turnkey costs, PM Surya Ghar Central CFA subsidies (up to ₹78,000), local DISCOM net-metering approvals, and SBI 7% concessional green loans.
In Mumbai, rooftop solar delivers the fastest payback in India (2.5 to 3 years) due to high electricity tariffs reaching ₹11.46 to ₹17.81/unit. A 3kW system costs ~₹2,05,000 gross; after the ₹78,000 PM Surya Ghar subsidy, net investment is ~₹1,27,000. With annual savings exceeding ₹42,000, Mumbai consumers save up to 90% on electricity bills.
Rooftop Solar Price & Subsidy in Mumbai
Complete turnkey on-grid system cost including ALMM DCR TopCon panels, inverter, mounting structure, DISCOM net-metering & GST.
| Capacity | Roof Area | Gross Cost | Central CFA | Net Price | Monthly Gen | Monthly Savings | SBI 7% EMI | Payback |
|---|---|---|---|---|---|---|---|---|
1 kW | ~100 sq.ft | ₹78,000 | -₹30,000 | ₹48,000 | ~125 units | +₹1,100/mo | ₹725/mo | 3.6 yrs |
2 kW | ~180 sq.ft | ₹1,45,000 | -₹60,000 | ₹85,000 | ~250 units | +₹2,450/mo | ₹1,284/mo | 2.9 yrs |
3 kWMost Popular | ~280 sq.ft | ₹2,05,000 | -₹78,000 | ₹1,27,000 | ~375 units | +₹3,850/mo | ₹1,918/mo | 2.7 yrs |
5 kW | ~450 sq.ft | ₹3,30,000 | -₹78,000 | ₹2,52,000 | ~625 units | +₹6,900/mo | ₹3,805/mo | 3 yrs |
10 kW | ~900 sq.ft | ₹6,30,000 | -₹78,000 | ₹5,52,000 | ~1250 units | +₹14,500/mo | ₹8,335/mo | 3.1 yrs |
Requires ~280 sq.ft shadow-free rooftop. Net out-of-pocket price is ₹1,27,000 after ₹78k total government subsidy.
Why Installing Rooftop Solar in Mumbai is a High-Return Investment
Grid electricity in Mumbai averages ₹11/kWh, with upper telescopic consumption tiers costing significantly more. A rooftop solar system generates clean electricity on-site at a levelized cost of only ~₹1.80/unit over 25 years.
Under the Ministry of New and Renewable Energy (MNRE) PM Surya Ghar scheme, eligible residential individual houses receive fixed financial assistance up to ₹78,000 credited directly into their bank account within 30 days of commissioning.
State Bank of India (SBI) and leading PSU banks provide collateral-free financing up to 3 kW at an attractive interest rate of 7.00% p.a. with only 10% margin money, meaning your monthly power bill savings easily cover the loan EMI.
During daytime hours, excess solar units not consumed in your home are automatically exported to the grid via bidirectional net metering. Credits appear on your bill to offset night-time consumption.
How Net-Metering Works in Mumbai
Step-by-step regulatory procedure to connect your rooftop solar system with your local electricity provider.
Empanelled Electricity Distribution Companies (DISCOMs) in Mumbai
Maharashtra has India's highest residential slab tariffs (up to ₹17.81/unit in upper tiers), giving Mumbai homeowners the quickest solar ROI & payback period in the country (~2.5-3.2 years).
Official 5-Step Net Metering & Subsidy Commissioning Protocol
National Portal Application
Submit consumer number and choose MSEDCL, Tata Power, or Adani Electricity on pmsuryaghar.gov.in.
DISCOM Sanction & Grid Feasibility
DISCOM validates local distribution transformer margin up to 100% of sanctioned capacity.
Site Installation by Certified EPC
High-wind certified mounting structure (essential for coastal Mumbai) and DCR panels installed.
Meter Replacement & CEIG Inspection
Bi-directional net meter installed; systems >10kW inspected by Electrical Inspectorate (CEIG).
Direct DBT Subsidy Credit
Central CFA of ₹78,000 disbursed directly to bank account within 3-4 weeks of grid synchronization.
ALMM Phase-II Listed Domestic Hardware Available in Mumbai
All systems eligible for the PM Surya Ghar subsidy in Mumbai strictly mandate Domestic Content Requirement (DCR) cells and modules listed under MNRE ALMM Phase-II.
Frequently Asked Questions about Solar in Mumbai
Clear, authoritative answers regarding prices, DISCOM net metering, and PM Surya Ghar subsidies in Mumbai.
Explore Rooftop Solar Prices in Other Major Indian Cities
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