Solar panel cost in Margao
The short answer
A 3 kW rooftop system in Margao costs about ₹1,74,000 installed and ₹96,000 after the ₹78,000 subsidy, generating roughly 354 units a month. Against Margao’s average tariff of ₹5.4/unit, that cuts about ₹1,912 off the bill monthly, with payback in roughly 4.2 years.
- electricity supplier
- Goa Electricity Dept
- electricity supplier
- avg tariff ₹/unit
- ₹5.4
- avg tariff ₹/unit
- units per kW monthly
- 118
- units per kW monthly
Solar system prices in Margao (after subsidy)
Live pricing at the ₹58,000/kW benchmark with the PM Surya Ghar subsidy applied. Treat any quote far below this table with suspicion — and any quote far above it as a negotiation.
| System | Before subsidy | Subsidy | Net cost | Generation/mo | Saves/mo | Payback |
|---|---|---|---|---|---|---|
| 1 kW | ₹58,000 | −₹30,000 | ₹28,000 | 118 units | ₹637 | 4 yrs |
| 2 kW | ₹1,16,000 | −₹60,000 | ₹56,000 | 236 units | ₹1,274 | 4 yrs |
| 3 kW | ₹1,74,000 | −₹78,000 | ₹96,000 | 354 units | ₹1,912 | 4 yrs |
| 5 kW | ₹2,90,000 | −₹78,000 | ₹2,12,000 | 590 units | ₹3,186 | 6 yrs |
| 10 kW | ₹5,80,000 | −₹78,000 | ₹5,02,000 | 1180 units | ₹6,372 | 7 yrs |
Savings assume full offset of your consumption via Goa Electricity Dept net metering at ₹5.4/unit.
The full 3 kW breakdown for Margao →Nearby in Goa
Understand the numbers
Solar in Margao: your questions, answered straight
What does a 3 kW solar system cost in Margao?
Roughly ₹1,74,000 before subsidy at current rates. The PM Surya Ghar subsidy returns ₹78,000, taking the net to about ₹96,000. Quotes vary ±10–15% with panel brand, structure height and wiring runs — ask for the itemised difference.
How much subsidy can a Margao home claim?
The central subsidy: ₹30,000 per kW for the first 2 kW, capped at ₹78,000 for systems of 3 kW or more. It applies to residential systems installed through a national-portal-registered vendor, and reaches your bank account after Goa Electricity Dept inspects and commissions the system.
How many units does 1 kW generate in Margao?
About 118 units a month — roughly 3.9 units a day — depending on season, orientation and shade.
How does net metering work with Goa Electricity Dept?
Your installer files the net-metering application after you sign. Goa Electricity Dept reviews feasibility, replaces your meter with a bidirectional one, and commissions the system. From then on, exported solar units offset the grid units you consume at night.
Is solar worth it in Margao?
At Margao’s average tariff of ₹5.4/unit and 118 units per kW monthly, homes with bills above ₹2,000–3,000 typically recover the investment in 3–5 years.