Did you cancel your solar installation plan due to financial budget? If yes, there is no need to worry; by taking advantage of the Solar Subsidy in India, you can easily install a solar system at your home. The rooftop solar subsidy in India makes residential solar installation affordable, weather your install a hybrid or off-grid solar system.
In this guide, we will discuss the Solar subsidy in India and how you can apply for the Government Solar Scheme in India.
Overview of Solar Subsidy Schemes in India
Solar Panel Subsidy in India is specially designed for increasing solar adoption and meeting the net zero emission by 2070. The Solar Subsidy in India makes your solar installation budget-friendly.
Rooftop solar subsidy in India makes solar installation affordable, helping you meet your environmental goals. Solar Subsidy in India are offered from both the central and state governments for solar system installation. Keep in mind that rooftop solar subsidy in India cover both off-grid and hybrid solar systems.
Benefits of the Solar Subsidy in India for Homeowners
There are multiple advantages of claiming Solar Subsidy in India for homeowners, such as reducing upfront cost, lowering energy bills, quick ROI, and meeting environmental goals.
Lower Upfront Cost: The solar panel subsidy in India helps in reducing the system's upfront cost. It significantly reduces the cost of the solar system up to 30-40%, which makes the system more budget-friendly.
Savings on Bills: The PM-Surya Ghar Yojana helps families to save around ?15,000 to ?18,000 yearly by providing up to 300 units of free electricity per month.
Fast ROI: Due to the reduction in costs, you can recover your investment within 4-5 years.
Enhanced Property Value: The solar installation also increases the property value, which makes your home eco-friendly.
Step by Step Process of Solar Panel Subsidy in India
To apply for a rooftop solar subsidy in India, follow the steps below.
The first step is to go to the PM Surya Ghar Muft Bijli Yojana National Portal and complete the login process by filling in your electricity consumer number, contact number, and DISCOM.
Once you have completed the registration process, you can apply for the Solar Installation Subsidy in India.
When filling out the registration form, enter the required information such as system size, location, and electricity usage.
Choose an MNRE-approved solar vendor to build a solar system.
The approved vendor will begin the installation procedure and oversee the necessary documentation work.
After that, you can apply for the NET Metering process, which allows you to give electricity back to the grid while earning credits.
Upload required papers to the portal, including the invoice, commissioning certificate, and images.
To get the government subsidy for solar panels directly into your bank account, enter your bank information carefully.
Eligibility Criteria for the Government Solar Scheme in India
To claim the Solar Subsidy in India, you will have to meet the residential solar subsidy criteria.
The users must have complete ownership of the home.
You must have citizenship of India.
Your age must not be under 18 years.
You can claim a residential solar subsidy on up to 10 kW solar installation.
Why Choose KoshishSolar for Solar Panel Installation?
If you are looking for the most trustworthy solar installer for your homes, offices, or industries, choose KoshishSolar. On the basis of the site visit, we suggest the most suitable solar system that meets your daily energy needs.
We ensure solar installation without any interruption and make the Solar Subsidy in India claiming process easy. We manage all paperwork and subsidy approval; apart from this, we also provide after-sales support, which ensures long term system performance.
Wrapping Up
By taking advantage of the Solar Subsidy in India, you can easily install a solar system without taking on the financial burden. By meeting the rooftop solar subsidy in India eligibility criteria, you can receive a subsidy directly from the bank. However, at KoshishSolar, we handle all paperwork and subsidy approval, which makes solar installation smooth.
Frequently Asked Questions (FAQs)
What is the upto 78000 subsidy?
The upto 78,000 subsidy means, on solar installation at residential area, the government provides financial benefits upto 78,000. Apart from the central government, you will also get a subsidy from the state government, which depends on your location.
How many 1 ton AC can run in a 3kW solar system?
On a 3 kW solar system, you can run two 1 ton AC, however, the duration on AC will be approximately 1-2 hours because it consumes high amounts of electricity.
How to claim a subsidy for rooftop solar?
By following the simple steps, you can easily claim the rooftop solar subsidy. You will have to visit PM Surya Ghar Muft Bijli Yojana National Portal and fill the required details. Keep in mind the details must be accurate; incorrect information may lead to a delay in claiming the subsidy.
What happens after 25 years of solar?
There is no need to worry about the solar system. After 25 years, the system will not stop producing electricity, but it will reduce the efficiency of generating the power.
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