Are you planning to switch to solar but confused about the cost of solar panels and how much you can actually save? Don’t worry — our Solar Panel Cost and Savings Calculator makes it super easy for you to estimate the investment, government subsidy benefits, yearly savings, and the payback period of a solar system.
This tool is designed for anyone looking to install solar panels for home or business and wants a clear idea of the return on investment. Let’s dive in and understand how it works and why you should use it.
Why Use a Solar Calculator?
Installing solar is a big decision, and many homeowners ask:
- How much do solar panels cost in India?
- How much money can I save every month?
- When will I recover my investment?
Our free solar panel calculator online helps you answer these questions instantly. By simply entering your monthly electricity bill, system size, cost per kW, and subsidy percentage, you’ll get:
- Total system cost
- Subsidy amount from the government
- Final investment required
- Yearly savings on your electricity bill
- Payback period in years
How Does the Solar Savings Calculator Work?
- System Cost Calculation – Multiply system size (kW) × cost per kW.
- Government Subsidy – Reduce cost by the subsidy percentage (20%–40% depending on state policy).
- Final Investment – Actual amount you need to spend after subsidy.
- Yearly Saving Estimate – On average, a 1 kW solar system saves around ₹12,000 per year.
- Payback Period – The number of years it takes to recover your investment through savings.
For example:
👉 A 3 kW system costs ₹1,50,000. With 20% subsidy, you pay only ₹1,20,000.
👉 You save about ₹36,000 per year on electricity bills.
👉 Payback period = just 3.3 years.
Benefits of Using a Solar Cost Calculator
- Instant Estimates – No need to call multiple installers.
- Accurate Projections – See real savings with subsidy included.
- Smart Decision Making – Compare system sizes before buying.
- Long-Term Vision – Our calculator even shows a 20-year savings projection graph.
Why Go Solar in 2025?
With rising electricity prices, investing in solar is the smartest choice. Thanks to government subsidies and falling solar panel prices in India, you can now recover your investment within just 3–5 years. After that, you enjoy almost free electricity for 20+ years.
Try the Solar Calculator Online Free
If you are planning solar installation for your home, shop, or office, try our solar panel cost and savings calculator in India today. It’s free, quick, and helps you plan your solar journey with confidence.
🌞 Switch to solar now and enjoy lifetime savings while protecting the environment!
❓ FAQs
Q1. How much does a 1kW solar panel cost in India?
A 1kW solar system in India costs around ₹50,000–₹70,000 before subsidy.
Q2. What is the payback period for solar panels in India?
With subsidy, most solar systems recover their cost in 3–5 years.
Q3. How do I calculate my solar savings?
You can use our free solar savings calculator — just enter your bill, system size, and subsidy to get results instantly.
Q4. Does the government give subsidy on solar panels?
Yes, the Indian government provides 20%–40% subsidy for residential rooftop solar systems.