Solar panel cost and savings in Bhopal, Madhya Pradesh

Bhopal sits at 23.25°N, 77.41°E in Madhya Pradesh, India. A typical residential solar system there is sized at 4.8 kW, laid out as 11 panels of 440 W each, mounted at a 23 degree tilt facing the sun's midday path.

Based on PVGIS solar radiation data for Bhopal's coordinates, that system produces an estimated 7,410 kWh in its first year. At the local electricity price of ₹7.00 per kWh (export ₹3.50 per kWh, daily supply charge ₹8.00), that generation is worth an estimated ₹27,152 a year to a household with typical usage patterns for a 3-person home.

Incentives in Bhopal

1 incentive currently applies to a system installed in Bhopal:

Cost and payback

Before incentives, a typical system in Bhopal costs an estimated ₹242,000 to ₹363,000 installed. After the incentives above, the estimated net cost is ₹164,000 to ₹285,000, and the system pays back in about 8.7 years at today's local electricity price.

These figures assume a typical 3-person household with no pool, electric vehicle or electric heating, and installation in 2026. Incentive values are provisional estimates, last verified on the date shown against each scheme, and can change. Electricity prices shown here are set at the country level. Incentive amounts, when present, use each scheme's national or regional scope as noted above, except where an incentive's value is itself calculated from Bhopal's local solar zone; only the production and payback figures are calculated specifically for Bhopal's coordinates. Some Indian states run 1:1 net metering and others use gross metering with a separate, lower feed-in rate. This figure is a rough national blend, not any one state.

Frequently asked questions

Nearby locations

• Sagar
• Ujjain
• Indore
• Ratlam
• Burhanpur

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