Solar Panel Subsidy in India 2024

In all Probability, all your household/Industrial appliances run on the electricity you get from the state electricity grid, which can be unreliable and cause environmental damage. wouldn't it be wonderful if you could have your source of generating electricity from solar with the bonus of reducing your carbon footprint? and now every state in India is giving Solar Subsidy in India 2024

Solar Subsidy in India 2021

 

To save resources for future generations, the Indian government has started an electricity-saving project called Solar Rooftop Power Plant. We all know everyone is not adopting solar energy it in the residential/commercial sector and its obvious reason is expensive. Therefore, the Center government understood this problem and launched the MNRE solar subsidy scheme of 40 % up to 3 KW Plus 20% for Remaining above 3 KW up to 10 kW for the Domestic sector for General
Category States. Besides, Spacial subsidies in the North Eastern States including Sikkim, Uttarakhand, Himachal Pradesh, UTs of Jammu & Kashmir, Ladakh, Lakshadweep, and Andaman & Nicobar Islands.

Who can get the subsidy on solar?

Type of sector Solar Subsidy
Residential ( up to 2 kW Capacity) Rs. 30000/- per kW
Residential sector (above 3 kW capacity
and up to 10 kW capacity)		 Rs. 78000/-
Group Housing Societies/Residential
Welfare Associations (GHS/RWA) etc.
for common facilities up to 500 kW (@
3 kWp per house)		 Rs. 18,000 per kW for common facilities, including EV charging, up to 500
kW capacity (@3 kW per house) with the upper limit being inclusive of
individual rooftop plants installed by individual residents in the GHS/RWA

The average cost of installation of a rooftop PV system without subsidy is around Rs 40000 - 50000 per kW. After leveraging the subsidy, people just have to pay Rs 30000 - 40000 per kW for installing a rooftop PV system. The objective of this solar scheme is to promote alternate green which is cost-effective almost 90% off over normal electricity served by the Electricity Department.

Solar System Capacity Applicable Subsidy
Solar Subsidy in 1kW Rs 30000
Solar Subsidy in 2kW Rs 60000
Solar Subsidy in 3kW Rs 78000
Solar Subsidy in 4kW Rs 78000
Solar Subsidy in 5kW Rs 78000
Solar Subsidy in 6kW Rs 78000
Solar Subsidy in 7kW Rs 78000
Solar Subsidy in 8kW Rs 78000
Solar Subsidy in 9kW Rs 78000
Solar Subsidy in 10kW Rs 78000

 

 

What are the documents required to apply for Solar Subsidy?

A soft copy of Identity Proof is to be uploaded Online on the solar rooftop Website.

  • Photo
  • Aadhaar Card
  • Ownership Proof
  • Electricity Bill

or You can Apply https://www.pmsuryaghar.gov.in/

The benefit of a Grid-connected/On-Grid solar system?

  • Reduce your electricity bill by up to 90%.
  • Performance Warranty for more than 25 years.
  • The payback period is about 3-4 years.
  • No maintenance Only Cleaning of the Solar Panel once in 15 Days.
  • Approximately costs Rs 40000- Rs 50000 per KWp.
  • Feed Excess Solar power generated from solar panels to the grid through Net-Metering Facility.

 

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