Complete Guide to Solar Panel Subsidy in India

Switching to solar energy is a great way to save money and reduce electricity bills. The government offers financial support to encourage solar adoption. If you are planning to install a solar system, understanding the Solar Panel Subsidy in India can help you reduce costs. Here’s everything you need to know.


What is a Solar Panel Subsidy?

A solar panel subsidy is financial assistance provided by the government to reduce the cost of installing solar power systems. This makes solar energy more affordable for homeowners and businesses.

Government Solar Subsidy Schemes in India

The Indian government promotes solar energy through various subsidy schemes. The Ministry of New and Renewable Energy (MNRE) offers subsidies for residential rooftop solar installations under the Rooftop Solar Programme Phase II.

Subsidy for Residential Solar Systems

  • Up to 3 kW – 40% subsidy on the benchmark cost.

  • 3 kW to 10 kW – 40% subsidy for the first 3 kW and 20% for the remaining capacity.

  • Above 10 kW – No subsidy beyond 10 kW, but benefits on the first 10 kW apply.

Who is Eligible for the Subsidy?

  • Residential homeowners.

  • Housing societies and RWAs (up to 500 kW).

  • Businesses and industrial setups (no subsidy for commercial use).

  • Government institutions (some benefits available under specific schemes).

How to Apply for a Solar Panel Subsidy in India?

Applying for a subsidy is simple. Follow these steps:

  1. Check your eligibility – Ensure you qualify for the scheme.

  2. Find an empaneled vendor – Contact an MNRE-approved solar provider.

  3. Get a quotation – The vendor will provide a cost estimate for the solar system.

  4. Apply through the official portal – Visit the National Portal for Rooftop Solar (solarrooftop.gov.in) and submit your application.

  5. Approval & installation – Once approved, install the system with the vendor.

  6. Inspection & subsidy credit – After inspection, the subsidy amount is credited to your bank account.

Documents Required

  • Identity proof (Aadhar card, PAN card)

  • Electricity bill

  • Property ownership proof

  • Bank account details

  • Vendor quotation

Benefits of Solar Panel Subsidy in India

  • Lower Installation Costs – Reduces upfront investment.

  • Faster ROI – Get returns on investment sooner.

  • Lower Electricity Bills – Save on monthly expenses.

  • Environmentally Friendly – Contribute to green energy.

  • Increased Property Value – Homes with solar panels have higher market value.

State-Wise Solar Subsidy Programs

Apart from central government schemes, many states offer additional subsidies:

  • Delhi – Up to 30% extra subsidy for residential users.

  • Maharashtra – Incentives for solar adoption.

  • Tamil Nadu – Net metering benefits and subsidy support.

  • Gujarat – Special schemes for rural households.

  • Rajasthan – Additional benefits for solar panel installation.

Key Points to Remember

  • Only MNRE-approved vendors are eligible for subsidies.

  • The subsidy is available only for grid-connected rooftop solar systems.

  • The approval process may take a few weeks.

  • Always verify government policies as they may change.

Final Thoughts

The Solar Panel Subsidy in India makes solar energy more affordable and accessible. By taking advantage of these benefits, you can reduce your electricity costs and contribute to a sustainable future. If you are considering switching to solar, now is the best time to apply for subsidies and enjoy long-term savings!

 

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