On Grid Solar System India Subsidy

Which type of solar system is applicable for subsidy.

On grid solar system india subsidy. However the problem is the huge upfront installation cost of a rooftop solar system. Here is the complete guide for agriculture solar subsidy loan schemes from nabard in india. This solar system will work with grid and having 5 year payback time period. Government will adjust this on your next electricity bill.

3kw on grid system. The punjab state power corporation limited has announced subsidies for grid connected rooftop solar systems ranging between 1 and 10 kw in the residential sector which could make solar very affordable the pspcl noted that this subsidy is not available for installations in the non residential sector like social government educational public sector undertakings statutory or autonomous. We recommend you to go for on grid solar system subject to low power cuts because 5kw on grid system is less expensive and 30 70 subsidy is also available on the same. 1kw solar system price in india.

Solar panel subsidy scheme in india 2020 1. As per mnre the average cost of a rooftop solar system connected with the grid is rs 75 per watt. 1kw panel battery inverter. Yes 30 to 70 government subsidy on solar is available on 5kw on grid solar system 5kw off grid solar system and 5kw hybrid solar systems.

There is 90 subsidy on solar water pump for farmers 70 subsidy for hill states h p uk and j k only and 30 subsidy available for all states in india. Government provides subsidy on on grid solar system hybrid solar system and solar water pump. Thus a rooftop solar system is a worthy investment. Most probably you will get similar solar system price through solar subsidy.

How much subsidy will i get on solar. The agricultural region provides a livelihood to over 50 of india s population. In fact people can even supply excess electricity to the grid and make some money out of it. 2 kw solar system with 40 subsidy 2kw solar system price in india with subsidy rs 120000 off grid solar system rs 160000 hybrid solar system rs 200000.

Central government of india. You also get 30 to 70 government subsidy on solar by mnre i e. Solar panel subsidy in uttar pradesh uttar pradesh is one of the largest and most backward states in india but with high solar radiation. We will revised this price list of solar system through subsidy amount.

India is the most agriculture based country. In agriculture solar energy can be used in several ways saving money increasing self reliance and reducing pollution. India go solar 153 673 00 145 989 35 price including tax emi available. Solar net metering is applicable on this system that means excess electricity you can export to government i e.

Solar subsidy and loans of agriculture. The above price is after applying subsidy.