Waaree Solar Scheme

Waaree Solar Scheme 2026: Rooftop Solar Price, Subsidy & Financing Options

Installing rooftop solar can help households manage electricity expenses, but choosing the right system requires more than comparing panel prices. Buyers need to consider installation costs, government subsidy eligibility, inverter capacity, warranties, financing and expected electricity generation.

Waaree Energies offers residential rooftop solar systems, including on-grid solar kits. Eligible households may also receive financial assistance through the PM Surya Ghar: Muft Bijli Yojana, a separate government scheme.

This guide explains how Waaree solar systems work, how to estimate the installation cost after subsidy, which financing options to consider and what to check before purchasing a system in 2026.

Waaree Solar Products and System Specifications

Waaree’s official residential solar website lists different rooftop solutions for households with different electricity requirements.

One listed option is the 3.2 kW Radiance on-grid solar system. According to Waaree’s product information, it includes six 560 Wp N-type bifacial DCR solar modules, a single-phase 3 kVA on-grid inverter and electrical balance-of-system components.

The listed warranty terms include a 12-year product warranty, a 30-year output guarantee and an eight-year inverter warranty. Buyers should confirm the precise warranty conditions for the model supplied.

Another listed option is a 5–5.5 kW residential system intended for higher electricity requirements.

Official source: Waaree Residential Rooftop Solar.

An on-grid system works with the electricity grid and can use net metering where approved. Standard on-grid systems generally shut down during a grid outage for safety, so they should not be treated as backup power systems unless a compatible backup arrangement is included.

Waaree Solar Price in 2026: What Determines the Cost?

Waaree does not have one universal installation price for every home. The amount depends on system capacity, the selected equipment, roof conditions, wiring, installation work and local requirements.

Cost component What the buyer should verify
Solar panels Brand, wattage, quantity and applicable warranty
Inverter Capacity, compatibility and replacement warranty
Mounting structure Material, roof suitability and installation charges
Electrical protection AC/DC distribution boxes, breakers and surge protection
Installation Labour, wiring, earthing and testing
Grid connection Net-metering application and applicable charges
Taxes and extras GST, roof repairs, scaffolding or additional wiring

Request an itemised quotation rather than comparing only the advertised kit price. A low initial quote may not include every component or service needed to complete the installation.

PM Surya Ghar Subsidy 2026: How Much Can You Receive?

The PM Surya Ghar: Muft Bijli Yojana provides central financial assistance to eligible residential households installing qualifying rooftop solar systems.

Eligible system capacity Standard central subsidy
1 kW ₹30,000
2 kW ₹60,000
3 kW ₹78,000
Above 3 kW Maximum ₹78,000

The scheme provides assistance based on eligible capacity, with the central subsidy capped at 3 kW for individual residential households. The official scheme information confirms the ₹30,000, ₹60,000 and ₹78,000 subsidy levels. <Cite refs={[“turn519789search0″,”turn519789search4”]}/>

Official application portal: PM Surya Ghar: Muft Bijli Yojana.

The subsidy is not a Waaree-specific discount. Purchasing Waaree panels does not automatically guarantee eligibility. The installation must meet the applicable scheme requirements, including vendor and equipment conditions.

Calculate Your Effective Rooftop Solar Cost

Use the following calculation to understand how the subsidy affects your budget.

Effective cost = Total eligible installation cost − Approved subsidy

For example, consider a hypothetical 3 kW installation:

Cost calculation Amount
Assumed complete installation quotation ₹1,90,000
Potential central subsidy ₹78,000
Remaining cost after subsidy ₹1,12,000

These figures are illustrative, not an official Waaree quotation. Your actual cost may differ, and the subsidy is subject to approval.

Before choosing a system, ask the installer to estimate annual generation using your location, roof direction and shading conditions. Compare that estimate with your electricity consumption and tariff. Savings will depend on actual generation, household usage, fixed charges and applicable net-metering rules.

How to Apply for the Solar Subsidy

Follow the instructions on the official National Portal:

  1. Register using your state, electricity distribution company and consumer account details.
  2. Submit the rooftop solar application and complete the required feasibility process.
  3. Select an eligible registered vendor through the portal.
  4. Obtain a written quotation and confirm the equipment specifications.
  5. Complete the installation according to the scheme requirements.
  6. Follow the instructions for net metering, inspection and commissioning.
  7. Submit the required bank details and documents to claim the subsidy.

Keep your application reference, invoice and installation records. Check the current portal instructions before paying an advance or committing to an installation.

Waaree Solar Financing Options

Households that cannot pay the entire cost upfront can compare dedicated rooftop solar loans with personal loans and other financing offers.

Indian Bank publishes a PM Surya Ghar-linked rooftop solar loan with financing limits of up to ₹2 lakh for eligible systems up to 3 kW and up to ₹6 lakh for eligible systems above 3 kW and up to 10 kW. Its published terms include a maximum tenure of 120 months and no processing fee, subject to eligibility and the bank’s conditions. <Cite refs={[“turn519789search1″,”turn519789search6”]}/>

Read the latest conditions on Indian Bank’s official solar loan page.

Before borrowing, compare the interest rate, repayment period, required contribution, total interest and any insurance or other charges. If the subsidy is credited to the loan account, ask the bank how the outstanding balance and EMI will be adjusted.

Checklist Before Buying Waaree Solar

Before signing an order, confirm the following:

  • The vendor is registered for the applicable subsidy process.
  • The proposed equipment meets the relevant technical and scheme requirements.
  • The quotation includes all major components, installation and applicable charges.
  • Product, performance and inverter warranties are clearly documented.
  • The inverter is suitable for the proposed system.
  • Net metering and inspection responsibilities are explained.
  • Local after-sales support is available.
  • The estimated generation and expected savings are based on your property.

Do not rely solely on claims such as “free electricity” or guaranteed savings. Ask for the assumptions behind any estimate and compare quotations from more than one eligible vendor.

Frequently Asked Questions

Can Waaree solar qualify for the ₹78,000 subsidy?

Eligible residential installations may receive central assistance up to ₹78,000 under PM Surya Ghar. Eligibility depends on the applicable scheme requirements and successful completion of the process.

Does Waaree publish a fixed installation price?

The price depends on the system and installation requirements. Request a current, itemised quotation directly from Waaree or an authorised installer.

Can I finance a rooftop solar installation?

Dedicated solar loans may be available through participating banks. Approval, interest rates and repayment conditions depend on the lender.

Will rooftop solar eliminate my electricity bill?

Not necessarily. Solar can reduce electricity purchases, but actual savings depend on generation, consumption, fixed charges, tariffs and net-metering arrangements.

Conclusion

Waaree rooftop solar systems are worth comparing when planning a residential installation in 2026. The best decision depends on the complete installation cost, equipment specifications, subsidy eligibility, financing terms and the system’s expected performance at your property.

Start with the official Waaree product information and PM Surya Ghar portal, then compare written quotations before making payment. Understanding the total cost and long-term service conditions will help you make a better-informed decision.