Solar Panel Price in Chennai 2025: Complete Cost Guide & Government Subsidy
In Chennai 2025, a 3kW solar system costs ₹1–1.3L after ₹78K govt subsidy, saving ₹4–5K/month with 2–3 year ROI. As authorized partners, we ensure all installations are Panasonic-verified for top quality and performance.
Tired of watching your TANGEDCO bills climb to ₹5,000-7,000 during Chennai's scorching summers? You're not alone. With electricity tariffs in Chennai rising annually and air conditioner usage pushing bills higher, thousands of homeowners across Anna Nagar, T Nagar, Adyar, and Velachery are switching to solar panel installation in Chennai.
For over 13 years, Daystar Solar has been guiding Chennai families, commercial buildings, and industries on their solar journey. As the city’s trusted solar partner, we bring you a complete guide to solar panel prices in Chennai for 2025.
Solar Panel Cost Chennai 2025
Key Information | 2025 Figure |
Solar panel price per kW Chennai | ₹50,000 – ₹70,000 |
Government subsidy (PM Surya Ghar) | Up to ₹78,000 |
3kW solar system cost (after subsidy) | ₹1,00,000 - ₹1,30,000 |
Monthly savings Chennai | ₹2,500 – ₹4,000 |
Payback period in Chennai | 2-4 years |
System lifespan | 25+ years |
Solar Panel Prices in Chennai – 2025 Complete Breakdown
Understanding solar installation cost in Chennai is crucial before making your investment. Here's the current solar panel price list for Chennai homes:
System Capacity | Before Subsidy | After PM Surya Ghar Subsidy | Best For |
1 kW solar panel Chennai | ₹50,000 – ₹70,000 | ₹20,000 – ₹40,000 | Small apartments in Chennai |
2 kW solar system Chennai | ₹1,00,000 – ₹1,40,000 | ₹40,000 – ₹80,000 | 2BHK homes Chennai |
3 kW solar panel Chennai | ₹1,50,000 – ₹1,80,000 | ₹72,000 – ₹1,02,000 | 3BHK, 1 AC (Most popular) |
5 kW solar system Chennai | ₹2,50,000 – ₹3,50,000 | ₹1,72,000 – ₹2,72,000 | Large homes, 2+ ACs |
10 kW solar Chennai | ₹5,00,000 – ₹7,00,000 | ₹4,22,000 – ₹6,22,000 | Villas, businesses |
All prices include Panasonic solar panels, inverter, mounting structure, wiring, and TANGEDCO net metering installation
Solar Financing Options: Easy EMI Plans for Chennai Homeowners
Can't pay ₹74,000 upfront? Major Chennai banks offer solar loans with EMI as low as ₹870/month—less than your monthly electricity savings!
Top Banks Offering Solar Loans in Chennai
Bank | Interest Rate | Loan Amount | Tenure | EMI (₹75K Loan) |
SBI | 6.5%-8.65% | Up to ₹6 lakhs | 10 years | ₹870/month |
Indian Bank | 7.0% | Up to ₹6 lakhs | 10 years | ₹900/month |
Bank of India | 7.0%-8.5% | Up to ₹6 lakhs | 10 years | ₹870-950/month |
Canara Bank | As per housing loan | Up to ₹20 lakhs | 20 years | Custom |
Zero processing fees on most solar loans | No income proof needed for loans up to ₹2 lakhs
EMI vs Savings: You Save from Day 1
System Size | Monthly EMI | Monthly Savings | Net Benefit |
3kW | ₹1,337 | ₹2,500-3,500 | +₹1,163-2,163 |
5kW | ₹2,688 | ₹4,000-5,500 | +₹1,312-2,812 |
Best Part: After the ₹78,000 subsidy is credited to your loan account (within 6-8 weeks), your EMI reduces by 50%+!
Example: Initial EMI ₹1,485/month → After subsidy: ₹715/month
Quick Facts
Minimal documentation for loans up to ₹2 lakhs
Approval in 2-5 days from most banks
Subsidy credited directly to loan account
Zero prepayment penalty - close loan anytime
Positive cash flow from Day 1 (EMI < Savings)
Daystar Solar assists with:
Loan application and documentation
Best bank rate comparison
Subsidy coordination
Single-window financing + installation
📞 Contact us for loan pre-approval or enquiry: daystarsolar.co.in | info@daystarsolar.co.in | 91766 68650
Which Solar System Size is Best for Your Chennai Home?
Choosing the right solar panel capacity in Chennai depends on your monthly TANGEDCO electricity consumption:
(Applicable for Anna Nagar, T Nagar, Velachery, Tambaram, OMR, ECR, Adyar, Porur, Nanganallur, Ambattur, Perungudi, Chromepet & All Chennai Locations)
1 kW Solar Panel – Chennai Homes
Monthly generation: 120–135 units
Ideal for: Up to 150 units/month consumption
Suitable for: Small apartments, basic lighting & fans
3 kW Solar Panel – Chennai Residences
Monthly generation: 360–400 units
Ideal for: 300–450 units/month consumption
Suitable for: 3–4 member families, one AC, typical Chennai households
Subsidy available: Up to ₹78,000
5 kW Solar Panel – Medium to Large Chennai Homes
Monthly generation: 600–675 units
Ideal for: 500–700 units/month consumption
Suitable for: Larger families and homes with multiple ACs
10 kW Solar System – Premium Chennai Homes & Small Commercial Units
Monthly generation: 1,200–1,350 units
Ideal for: 1,000+ units/month consumption
Suitable for: Villas, large homes, and small commercial establishments
PM Surya Ghar Subsidy Chennai – Get Up to ₹78,000
The PM Surya Ghar Muft Bijli Yojana makes solar affordable for every Chennai household. Here's the Tamil Nadu solar subsidy structure:
Solar Capacity | Subsidy Per kW | Total Subsidy |
1 kW | ₹30,000/kW | ₹30,000 |
2 kW | ₹30,000/kW | ₹60,000 |
3 kW | ₹18,000/kW (above 2kW) | ₹78,000 |
Above 3 kW | Capped | ₹78,000 (maximum) |
How to Apply for Solar Subsidy in Chennai
Register on pmsuryaghar.gov.in
Enter your TANGEDCO consumer number
Select MNRE-approved vendor (Daystar Solar is registered)
Complete rooftop solar installation
Get TANGEDCO inspection & net meter
Receive subsidy in bank account (within 30 days)
Eligibility for Chennai residents:
Indian citizen with valid ID
Own residential property in Chennai
TANGEDCO electricity connection
On-grid solar system
Work with registered vendor
For enquiries, feel free to reach out to us anytime : daystarsolar.co.in | info@daystarsolar.co.in | 91766 68650
Real Solar Panel Cost Chennai After Subsidy
3kW Panasonic Solar System – Actual Investment
Item | Amount |
Total 3kW solar system cost | ₹1,52,000 |
PM Surya Ghar subsidy | -₹78,000 |
Your actual payment | ₹74,000 |
For just ₹74,000, you get 25+ years of free electricity in Chennai!
Solar ROI in Chennai: Real Savings Calculator
Monthly & Annual Savings (3kW Solar System)
Chennai's solar advantage: 300+ sunny days annually, 5.35 kWh/m²/day solar radiation
Metric | Value for Chennai |
Daily generation per kW | 4-4.5 units |
Monthly generation (3kW) | 360-400 units |
TANGEDCO average tariff | ₹7.50/unit |
Monthly electricity savings | ₹2,700 – ₹3,000 |
Annual savings | ₹32,400 – ₹36,000 |
Payback period (with subsidy) | 2-2.5 years |
25-Year Solar Returns in Chennai
Timeline | Total Savings | Profit After Investment |
Year 2.5 | ₹81,000 | Break-even |
Year 5 | ₹1,80,000 | ₹1,06,000 profit |
Year 10 | ₹4,10,000 | ₹3,36,000 profit |
Year 25 | ₹12,50,000+ | ₹11,76,000+ profit |
Conclusion
Make 2025 Your Solar Year in Chennai
With solar panel prices at historic lows and the government offering ₹78,000 in subsidies, there's never been a better time for Chennai homeowners to go solar. A 3kW system for just ₹74,000 pays for itself in 2-3 years while delivering ₹12+ lakhs in savings over 25 years.
Stop watching your TANGEDCO bills climb every summer. Start generating your own clean, free electricity today.
FAQs
Q1: What is the solar panel price in Chennai for 3kW system?
The solar panel cost in Chennai for a 3kW system ranges from ₹1,50,000 to ₹1,80,000 before subsidy. After the ₹78,000 PM Surya Ghar subsidy, your actual cost is ₹72,000-1,02,000.
Q2: How much subsidy for solar in Chennai Tamil Nadu?
Chennai residents can get up to ₹78,000 under the PM Surya Ghar scheme for rooftop solar systems of 3kW or more through TANGEDCO.
Q3: How much roof space for 3kW solar in Chennai?
Approximately 250-300 sq. ft. of shadow-free roof space is needed for a 3kW solar system in Chennai homes.
Q4: Do solar panels work during Chennai monsoon?
Yes, solar panels generate 20-30% power on cloudy days. Chennai's 300+ sunny days ensure excellent annual generation. TANGEDCO net metering covers monsoon shortfalls.
Q5: How long does solar installation take in Chennai?
Physical installation takes 1-2 days. Complete process including TANGEDCO net meter approval takes 2-4 weeks in Chennai.
Q6: What's the warranty on solar panels in Chennai?
Panasonic panels come with 12-year product warranty and 25-year performance warranty, ideal for Chennai's climate.
Q7: What is the electricity bill savings with 3kW solar in Chennai?
A 3kW system generates approximately 12-15 units per day in Chennai, saving ₹3,600-4,500 monthly on electricity bills (at ₹8-10 per unit). Annual savings range from ₹43,000-54,000.
Q8: Is maintenance required for solar panels in Chennai?
Minimal maintenance is needed. Clean panels 2-3 times yearly to remove dust and debris. Chennai's occasional rains help natural cleaning. Annual professional inspection costs ₹1,000-2,000.
Q9: Can I sell excess solar power to TANGEDCO in Chennai?
Yes, through net metering. Excess power goes to the grid, offsetting your consumption. TANGEDCO credits unused units, which can be carried forward for up to one year.
Q10: What is the payback period for solar panels in Chennai?
After subsidy, the payback period is 3-4 years for a 3kW system in Chennai. The system lasts 25+ years, giving you 20+ years of free electricity and protecting against tariff increases.
Get Your Free Chennai Solar Quote Today
Stop paying rising TANGEDCO bills. Start generating your own power in Chennai.
📞 Call: 91766 68617, 91766 68651, 91766 68650, 91766 68657
📧 Email: products@daystarsolar.co.in, info@daystarsolar.co.in
🌐 Website: daystarsolar.co.in
📍 Visit our Chennai office: H-5, Second Floor, Third Avenue, Anna Nagar East, Chennai. 600102
Free site assessment | Transparent pricing | TANGEDCO coordination | PM Surya Ghar subsidy assistance | Loan Approval Consultation
Start saving from day one. Go solar with Daystar Solar