500 Watt Solar Panel Price in India: Cost, Features & Benefits Explained

As India continues to embrace solar energy, many homeowners and small businesses are looking for high-efficiency solar solutions that deliver great value. Among the popular options, the 500 watt solar panel stands out as a powerful and cost-effective choice. But how much does a 500W solar panel cost in India in 2025? What are its benefits and applications? Let's explore in detail.

What is a 500 Watt Solar Panel?

A 500 watt solar panel is a high-capacity solar module designed to generate up to 500 watts of electricity under ideal sunlight conditions. These panels are commonly used in residential, commercial, and agricultural solar systems that require higher output from fewer panels.

They are usually mono perc or bifacial in nature and come with high-efficiency ratings (20–22%), making them suitable for installations where space is limited.

500 Watt Solar Panel Price in India (2024)

As of 2024, the average price of a 500 watt solar panel in India ranges from:

₹12,000 to ₹18,000 per panel, depending on:

• • Brand and quality
  • Cell type (Mono PERC, or TOPCon)
  • Certifications (such as BIS, ALMM-listed)
  • DCR (Domestic Content Requirement) compliance
  • Warranty and efficiency
    

Price Per Watt (Approximate):

• ₹24 to ₹36 per watt

Note: These prices are for standalone panels. The total system cost will include additional components like inverter, mounting structures, batteries (for off-grid systems), wiring, and installation charges.

Top Brands Offering 500W Solar Panels in India

Some of the trusted solar panel manufacturers offering high-quality 500 watt panels in India include:

• Bluebird Solar
• Adani Solar
• Vikram Solar
• Waaree Energies
• RenewSys
• Goldi Solar
• Jakson Solar

Applications of 500 Watt Solar Panels

500W panels are ideal for:

• Residential rooftop systems (2kW to 5kW setups)
• Small commercial setups
• Farms and irrigation pumps (with off-grid systems)
• Solar street lighting and water heaters
  

How Many 500W Panels Do You Need?

Here’s a quick look at how many 500W panels are needed for different system sizes:

Benefits of Installing 500 Watt Solar Panels

• High Output from Fewer Panels
• Space-saving – Ideal for limited rooftop areas
• Faster ROI – Due to higher power generation
• Durable and Weather-Resistant – Most panels come with 25-year performance warranties
• Low Maintenance – Just regular cleaning and minimal servicing

Subsidy & Support from Government

If you're installing a solar system (not just a single panel) for home use under the PM Surya Ghar Muft Bijli Yojana, you may be eligible for a central subsidy of up to ₹78,000 for systems up to 3kW. State-specific subsidies may also apply.

Note: The subsidy applies to complete rooftop systems and not on standalone panels.

Conclusion

The 500 watt solar panel is an excellent choice for anyone looking for a powerful, efficient, and space-saving solution for solar energy. With prices becoming more affordable and technology improving, it’s a smart investment for homes, farms, and businesses in India.

If you're planning to install a full solar system, be sure to compare different panel brands, check for government subsidies, and consult a reliable EPC provider like Bluebird Solar to get the best results.

Frequently Asked Questions (FAQs)

1. What is a 500 Watt solar panel?

A 500-watt solar panel is a high-efficiency module capable of generating up to 500 W under ideal sunlight. These panels—often Mono PERC or bifacial—offer efficiencies between 20–22% and are used in residential, commercial, and agricultural systems where rooftop space is limited.

2. How much does a 500 W solar panel cost in India?

As of 2024–2025, the price ranges between ₹12,000 – ₹18,000 per panel, depending on brand, technology (Mono PERC or TOPCon), certifications (BIS, ALMM), DCR compliance, and efficiency. Price per watt lies between ₹24 to ₹36.

3. What types of 500 W solar panels are available?

• Mono PERC DCR modules — generally priced ₹13,500–₹16,500 in subsidy-eligible projects
• Mono PERC half-cut bifacial panels — often priced around ₹12,000, with higher performance potential.

4. Do standalone 500 W panels qualify for government subsidies?

No. Government subsidies (like PM Surya Ghar Muft Bijli Yojana) are applicable only to entire rooftop solar systems, typically starting from 1 kW. Single panels—even a 500 W unit—do not qualify for subsidy.

5. How much energy does a 500 W solar panel generate?

A single 500 W panel typically produces around 2 to 3 kWh per day, translating to approximately 650–700 kWh annually, depending on sunlight conditions.

6. How much roof space is needed for a 500 W solar panel?

Each panel requires roughly 28 square feet (around 7.4 ft × 3.75 ft) of clear, shadow-free space on the rooftop.

7. What can I power with a 500 W solar panel?

A 500 W panel can run basic household appliances like LED lights, fans, mobile charging, and even small refrigerators—provided total power demand stays within its daily output limits.

8. How many 500 W panels are required for different system sizes?

9. Is it worth installing 500 W panels?

Yes. These panels offer high power output with fewer modules, making them ideal for rooftops with limited area. They deliver faster ROI, durable performance (often 25-year warranties), and require minimal maintenance.

10. Who manufactures reliable 500 W solar panels in India?

Trusted brands such as Bluebird Solar, Adani Solar, Vikram Solar, Waaree Energies, RenewSys, Goldi Solar, and Jakson Solar produce certified 500 W panels that meet BIS and MNRE requirements.