What’s the 2 kW Solar Panel Price in Madhya Pradesh With Subsidy in 2025? ROI Calculations Included

The 2 kW solar panel price in Madhya Pradesh with subsidy for on-grid solar systems ranges from ~Rs. 1.15 lakh* in Bhopal to ~Rs. 1.25 lakh* in Indore and Jabalpur. The central government’s PM Surya Ghar solar panel government scheme in MP makes homeowners eligible to receive a relaxation of Rs. 60,000 for installing a 2 kW grid-connected solar system, making rooftop solar affordable for everyone. 

*Please note: The above-mentioned 2-kilowatt solar panel price is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final solar panel price in MP for on-grid solar systems depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change. 

Investing an amount as small as ~Rs. 1.15 lakh* in Bhopal to install a 2 kW on-grid rooftop solar system offers massive savings of ~Rs. 7.42 lakh** over 25 years of the system’s life, where it continues to generate free solar electricity for you, reducing your bills by 90% or more. No other form of investment offers returns as high as approximately 6.5 times the initial investment, except for a 2 kW rooftop solar panel system for homes in MP.

*Please note: The above-mentioned 2 kW solar panel price in Madhya Pradesh with subsidy is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final solar panel price in MP depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change.

**Please note: When calculating savings, we have considered an annual tariff escalation of 3% and an annual degradation of 1%. The actual final savings from a 2 kW solar system in MP depend on the types of solar panels you’ve installed and their efficiency, intensity of sunlight your rooftop receives, orientation of the panels and tilt angle, the pollution level and weather conditions in your city, the temperature, shadow on the roof, impact of dirt/dust, and how well you maintain your panels after installation.

This blog is your go-to guide if you’ve been feeling bogged down due to increasing electricity tariffs in MP and are looking for ways to lower your bills. We have etched all details related to the 2-kilowatt solar panel price in MP compared to the solar savings you will receive in your city over the system’s 25-year lifespan. 

We’ve also explained the steps to apply for a solar system subsidy in MP, the overall cost of installing 2 kW solar systems in India versus ROI, the benefits of choosing on-grid over off-grid solar systems and hybrid solar systems, and the solar net metering policy in Madhya Pradesh.

TL;DR Summary Box: How Much is the Subsidy on Solar Panels in MP?

Homeowners can claim a solar panel subsidy in MP for homes under the PM Surya Ghar Muft Bijli Yojana, which is the financial assistance offered by the central government to all Indian citizens installing grid-connected solar systems. The maximum financial assistance under this scheme is capped at Rs. 78,000 for solar systems with a capacity of 3 kW or higher. The subsidy amount you can receive for a 2 kW solar system under this scheme is Rs. 60,000.

Here are the main topics covered in this blog:

*Please note: The above-mentioned 2-kilowatt solar panel price for on-grid solar systems is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final solar panel price depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change. Additionally, the 2 kW solar panel price for off-grid and hybrid solar systems is based on standard market estimates and may vary from the stated range depending on the type of batteries, panels, brand, and inverters you choose. SolarSquare does not sell or install hybrid or off-grid solar systems. We exclusively install on-grid rooftop solar systems for housing societies, homes, commercial buildings, and industrial facilities.  

What’s the 2-kilowatt Solar Panel Price in MP, With and Without a Subsidy, in 2025?

The 2 kW solar panel price in Madhya Pradesh ranges between ~Rs. 1.75 lakh* and ~Rs. 1.85 lakh* without any financial help offered by the government.  

Before we walk you through the details of the solar panel subsidy in MP and how it reduces the installation cost, let’s check out how much a 2 kW solar system can cost in different cities in MP without a subsidy:

*Please note: The 2-kilowatt solar panel price listed in the section above is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final solar panel price in MP for on-grid solar systems depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change. 

How Much is the Solar Panel Subsidy in MP For Homes?

Homeowners in MP can receive financial assistance through a subsidy offered under the PM Surya Ghar Muft Bijli Yojana.

Here’s a tabulated snapshot of how much subsidy you can claim on solar panels in MP under the PM Surya Ghar scheme:

What’s the 2 kW Solar Panel Price in Madhya Pradesh With Subsidy in 2025?

Here’s how much you’ll have to pay, as the 2 kW solar panel price in Madhya Pradesh with a subsidy relaxation of Rs. 60,000, provided by the central government to make solar systems affordable:

*Please note: The above-mentioned solar panel price in MP is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final 2 kW solar plate price depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change. 

2 kW Solar Panel Price in Madhya Pradesh With Subsidy vs ROI

Installing a 2 kW solar system in Madhya Pradesh with subsidy is the smartest way to get rid of paying hefty electricity bills for the next 25 years, all while saving tens of lakhs of rupees. Don’t believe us? Let’s talk some numbers!

Here’s a simple table that takes you through the estimated 2 kW solar panel price in Madhya Pradesh with subsidy vs the solar savings and ROI this system can offer in 25 years by generating free electricity for you, using nothing but solar renewable energy:

*Please note: The above-mentioned 2 kW solar panel price in Madhya Pradesh with subsidy is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final 2-kilowatt solar panel price depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change. Additionally, when calculating savings, we have considered an annual tariff escalation of 3% and an annual degradation of 1%. The actual final savings from a 2 kW on-grid solar system in MP depend on the types of solar panels you’ve installed and their efficiency, intensity of sunlight your rooftop receives, orientation of the panels and tilt angle, the pollution level and weather conditions in your city, the temperature, shadow on the roof, impact of dirt/dust, and how well you maintain your panels after installation.

Think about what you want to do carefully. Would you invest ~Rs. 1.15 lakh today and receive 6.5 times the return on your investment, saving ~Rs. 7.42 lakh in Bhopal by installing a 2 kW solar system today, or spend all the money you could have saved on paying electricity bills that increase by 3-6% every year?

How to Apply For a Solar Panel Subsidy in MP?

Applying for a solar system subsidy in MP has been made extremely simple. Homeowners just have to register an account on the PM Surya Ghar National Portal to receive their subsidy claim. 

Let’s check out the simple steps you will have to follow: 

• Step 1 – Open the official portal: Start by visiting the PM Surya Ghar Muft Bijli Yojana National Portal and clicking on Apply for Rooftop Solar.
• Step 2 – Register your account: Choose your state and district, select your DISCOM, and enter your Customer Account Number to create your profile.
• Step 3 – Fill out the application: Add your basic details and enter the numbers from your latest electricity bill.
• Step 4 – Enter your bank details: Upload the required documents, enter your account number, and attach a scanned copy of a cancelled cheque.
• Step 5 – Pick your installer: Choose a vendor, such as SolarSquare, from the list of DISCOM-approved installers. This is the company that will set up your rooftop system.
• Step 6 – Sign and upload the agreement: Once you’ve signed the contract shared by your installer, upload the signed copy to the portal.
• Step 7 – Net meter installation: After your system is installed, your DISCOM will fit a bi-directional net meter or smart meter to track how much electricity you consume and how much you send back to the grid.
• Step 8 – System verification: Once everything is in place and tested, your DISCOM will issue a commissioning certificate confirming that the system is live and functional.
• Step 9 – Claim your subsidy: Log back into the portal and upload the commissioning certificate to raise your subsidy claim.
• Step 10 – Get the subsidy in your bank: After your claim is approved, the subsidy amount is transferred directly to your bank account within 30 days.

Who is Eligible for the Surya Ghar Yojana in MP?

You can apply for the Surya Ghar Yojana if you meet the eligibility criteria listed below:

• You’re an Indian citizen who has never previously received a subsidy for systems up to 3 kW.
• You legally own the house/rooftop where the system is being installed.
• You are installing a grid-connected solar system, using made-in-India DCR solar panels.
• You have a valid electricity connection in your name.

What’s the Solar Net Metering Policy in MP?

The net metering policy in Madhya Pradesh allows all consumer categories, including residential, commercial, and industrial, to install grid-connected solar systems and use the power they generate. The solar energy produced is first used for self-consumption, and any surplus is exported to the grid. 

Consumers earn credits for excess energy they import to the grid, which are adjusted against future electricity bills. Credit settlement is done annually based on APPC rates. Systems up to 500 kW are permitted under this policy. However, the subsidy is available only for residential users under the PM Surya Ghar scheme.

Here are the key details you should know about the solar net metering policy in MP:

• Who can apply: Any MP consumer with a valid DISCOM connection and sanctioned load.
• System size allowed: Up to 500 kW under net metering.
• Energy usage: Solar power is first used for self-consumption, and surplus units are sent to the grid. You can’t sell solar electricity to a third-party.
• Meter requirement: A bi-directional or smart meter is mandatory.
• Annual settlement: Surplus units are valued at APPC and adjusted in the next bill.
• Subsidy eligibility: Only residential systems qualify for a subsidy under the PM Surya Ghar Yojana.

What are the Types of 2 kW Solar Panels and Their Prices in MP?

The three main types of photovoltaic systems are on-grid solar systems, off-grid solar systems, and hybrid solar systems. Before we explain how these systems work and why on-grid solar systems with half-cut solar panels are most recommended, let’s do a cost comparison between the three:

*Please note: The above-mentioned 2 kW solar panel price in Madhya Pradesh with subsidy for on-grid solar systems is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final 2 kW solar panel price depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change. Additionally, the solar plate price for off-grid and hybrid systems listed above is based on standard market estimates. SolarSquare does not sell or install off-grid or hybrid solar systems. We exclusively install on-grid rooftop solar systems for homes, housing societies, commercial buildings, and industrial facilities. 

Now, let’s understand how these systems work:

• On-grid solar systems: They are connected to the grid. When the panels produce more power than your home can consume, it’s sent to the grid. At night, electricity is imported from the grid to keep your home powered. Since DISCOM doesn’t put any limit on how much electricity can be exchanged between the grid and your solar system, you don’t need an expensive lithium battery bank to store solar energy. Hence, on-grid systems are the most affordable options for residential and commercial rooftop systems.
• Off-grid solar systems: These standalone solar systems are neither connected to the grid nor eligible for net metering or subsidy. The excess solar energy is used to charge lithium batteries through a solar panel charge controller. Since they include batteries, they’re extremely expensive to install and maintain. These systems are recommended only in remote and rural areas where grid supply is unavailable or unreliable.
• Hybrid solar systems: They charge lithium batteries the same way off-grid solar systems do. If there’s excess energy that can’t be used in real-time even after the batteries are charged, and the DISCOM permits net metering, the excess power is sent to the grid. These are the most expensive systems and are only recommended for large utility-scale solar power plants.

What’s the 2 kW Solar Panel Price in India for On-Grid Solar Systems?

The 2 kW solar panel price in India with subsidy ranges between ~Rs. 80,000* in Lucknow and ~Rs. 1.35 lakh* in Bangalore. 

Let’s check out the total 2 kW solar panel price in India for on-grid rooftop solar systems, both with and without a subsidy:

*Please note: The above-mentioned 2 kW solar panel price in India is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final solar plate price depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change. 

2 kW Solar Panel Price in India With Subsidy vs ROI

Now, let’s see how much money you can save in your city by installing a 2 kW solar system:

*Please note: The above-mentioned 2 kW solar panel price in India is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final 2-kilowatt solar panel price depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change. Additionally, when calculating savings, we have considered an annual tariff escalation of 3% and an annual degradation of 1%. The actual final savings from a 2 kW solar system depend on the types of solar panels you’ve installed and their efficiency, intensity of sunlight your rooftop receives, orientation of the panels and tilt angle, the pollution level and weather conditions in your city, the temperature, shadow on the roof, impact of dirt/dust, and how well you maintain your panels after installation.

Couldn’t find your city in the list above? Use SolarSquare’s free solar energy estimator to find out the cost of an on-grid solar system and the savings it will offer in your city in 25 years.

Is 2 kW Enough for a Home in Madhya Pradesh?

A 2 kW solar system can generate 2,800-2,900 units annually, which is generally sufficient to power a 1-2 BHK home in MP, as long as you do not have to run an air conditioner. In case you need to run an AC on solar, you need at least a 3 kW solar system.

Here are the appliances that a 2 kW solar system can run:

What Are the Benefits of a 2 kW On-Grid Solar System in MP?

Installing a 2 kW on-grid solar system in MP is a pocket-friendly decision because the system can slash electricity bills by 90% or more, saving tens of lakhs of rupees for you over its 25-year lifespan.

Let’s have a look at all the benefits in detail:

• They make you eligible for a solar subsidy in MP: Homeowners can claim a subsidy under the PM Surya Ghar Yojana for installing a 2 kW on-grid rooftop solar system, making the installation cheaper.
• They reduce reliance on expensive grid electricity, lowering your bills: Your electricity bills can drop by 90% or more because the system will cover all your energy requirements. Many customers have reported getting zero bills after going solar.
• They offset 51,744 kg of carbon dioxide from the air over 25 years: Installing a 2 kW solar system has the same effect on the environment as planting 78 trees. Since 78 trees can offset 51,744 kg of carbon dioxide from the air over 25 years, a 2 kW solar system will reduce your carbon footprint and play a significant role in reducing air pollution in your city.

Why Choose SolarSquare’s 2.16 kW and 2.70 kW Solar Systems?

Standard 2 kW solar systems sound ideal, until you realize they can’t actually be built with high-efficiency 540-watt bifacial solar panels. The math just doesn’t work because 2,000 ÷ 540 equals 3.7 panels, and you can’t install a fraction of a panel. 

Most installers simply round down to 3 panels, giving you a 1.62 kW system, which generates less power than what you planned for. That shortfall means more grid dependence and lower savings.

SolarSquare takes a better route.

• Our 2.16 kW system uses 4 high-efficiency panels, not 3. It delivers more power without overshooting your rooftop capacity.
• Our 2.70 kW system uses 5 panels, and is ideal for homes that need a bit more power than 2 kW but don’t require a 3 kW solar system.

Our 2.16 kW and 2.70 kW solar systems fill the performance gap left by standard 2 kW systems, helping you maximize your investment and move closer to zero electricity bills.

Conclusion

The 2 kW solar panel price in Madhya Pradesh with subsidy drops from ~Rs. 1.75 lakh* to ~Rs. 1.15 lakh* in Bhopal and from ~Rs. 1.85 lakh* to ~Rs. 1.25 lakh* in Indore and Jabalpur. You can claim a solar panel subsidy in MP under the PM Surya Ghar Muft Bijli Yojana and install solar at cheaper rates if you choose an on-grid rooftop solar system. This subsidy is not offered for off-grid solar systems.

*Please note: The above-mentioned 2 kW solar panel price in MP for on-grid solar systems is indicative as of 14th October 2025 for the SolarSquare Blue 6ft variant. The final 2 kW solar panel price depends on your DISCOM charges, city, product variant opted for, panel type, inverter type, mounting structure height, type of after-sales service, savings guarantee, roof height, etc. Prices are subject to change. 

For any further information, book a free solar consultation call with SolarSquare. 

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FAQs

Q1. How many ACs can run on a 2 kW solar system?

Ans. A 2 kW solar system cannot run an air conditioner. You need a 3 kW solar system to run one 1.5-ton AC and a 5 kW solar system for two 1.5-ton ACs.

Q2. Which company's solar panel is best?

Ans. The best solar panel manufacturers in India include Premier Energies, Rayzon, and ReNew Solar.

Q3. How much space is required for a 2 kW solar system?

Ans. It takes 200 square feet of shadow-free area on a rooftop to properly install a 2 kW solar system.

Q4. What is the subsidy per kW for the first two kW under the rooftop solar scheme?

Ans. The subsidy per kW for the first two kilowatts under the PM Surya Ghar scheme is Rs. 30,000/ kW.