In the present work, Perovskites BaxK0.5-xNa0.5NbO3 (x = 0.00, 0.05, 0.10, 0.15, 0.20) were synthesized via solid-state synthesis technique. XRD analysis confirmed the successful phase formation of the synthesized perovskites. Further, Rietveld refinement revealed the presence of coexisting orthorhombic and tetragonal phases. High-resolution transmission electron microscopy (HRTEM) was employed to explore the lattice fringes and SAED patterns at nano scale level of prepared samples. The morphology was investigated using a field emission scanning electron microscope (FESEM). Dielectric measurements indicated that both the dielectric constant (ε′) and loss tangent (tan δ) exhibited significant dispersion at low frequencies and high temperatures. Notably, the Ba-doped perovskite samples demonstrated enhanced dielectric properties compared to the undoped KNN sample, with Ba0·1K0·4Na0·5NbO3 (x = 0.10) showing optimal dielectric performance, characterized by a dielectric constant (ɛ՛⁓4000) and a tanẟ ⁓7.23 at 100 Hz frequency and room temperature.AC conductivity is observed to increase with increasing both frequency and temperature. DC conductivity exhibited positive temperature coefficient indicating the semiconductor-like behavior of the prepared samples. The ferroelectric behavior was confirmed through P-E hysteresis curves and Ba0·1K0·4Na0·5NbO3 sample revealed the highest energy storage density among all prepared samples making it a suitable candidate for energy storage applications.