Off Grid Solar System Subsidy India

30 to 70 government subsidy is available on 30 kw on grid off grid and hybrid solar systems for non profit organizations and residential only.

Off grid solar system subsidy india.

This solar system will work with grid and having 5 year payback time period. Most probably you will get similar solar system price through solar subsidy. 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. Thus a rooftop solar system is a worthy investment.

In july 2019 mnre notified new benchmark costs for grid connected rooftop solar power projects for the financial year fy 2019 20. Mnre ministry of new and renewable energy central government has set the target to install 227 gigawatt 22 70 00 000 kilowatt by 31 march 2022. We will revised this price list of solar system through subsidy amount. With provision of various solar subsidy in india it now appears possible to attain the massive dream of india inc of achieving 100 gw solar installation by 2022 with a view to provide a push to the government s dream project to be a global leader in field of solar energy solar power and renewable energy.

1kw panel battery inverter. Solar subsidy in india. Subsidy on solar system. Central government of india.

There is no subsidy for commercial projects. Solar panel subsidy scheme in india 2020 1. Solar net metering is applicable on this system that means excess electricity you can export to government i e. The applicable subsidy for various capacities of rooftop solar systems installed at individual residential households under phase ii of grid connected.

5kw solar system price in india with subsidy on grid solar system rs 250000 off grid solar system rs 350000 hybrid solar system rs 450000 solar panel. Government will adjust this on your next electricity bill. 1kw solar system price in india. You also get 30 to 70 government subsidy on solar by mnre i e.

Most of the. 30kw solar system price in india 30 kwh solar system cost 25 kw solar system cost in india how big is a 30 kw solar array 30kw. Buy 1kw on grid off grid and hybrid solar system at best price with subsidy. However the problem is the huge upfront installation cost of a rooftop solar system.

For projects with a capacity of above 1 kw and up to 10 kw the benchmark cost was set at 54 0 79 w.