How much is the subsidy for rooftop solar panels

4 FAQs about [How much is the subsidy for rooftop solar panels ]

What is a rooftop solar subsidy scheme in India?

The rooftop solar subsidy scheme in India goes by the name, PM Surya Ghar Muft Bijli Yojana. Under this scheme, homeowners can claim a subsidy between Rs. 30,000 and Rs. 78,000, depending upon the size of the on-grid rooftop solar system being installed. And are there any conditions for claiming this solar panel subsidy in India? Absolutely!

Will government give subsidies for rooftop solar panels in 2024-25?

The Budget 2024-25 emphasised this yojana and provided that the government will give subsidies for the installment of solar panels to 1 crore households. Under this scheme, subsidies are provided for installing rooftop solar panels for residential houses to supply power to households.

Who can avail a government solar panel subsidy?

Common schemes include the PM Surya Ghar Muft Bijli Yojana and the Grid Connected Rooftop Solar Programme Phase II, PM KUSUM, etc. Who all can avail a government solar panel subsidy? To apply for the solar rooftop subsidy, the applicant- 1. Must be an Indian citizen with a valid grid-connected electricity connection from the local DISCOM. 2.

How much does a solar panel subsidy cost?

Under the solar panel govt subsidy, residential consumers receive ₹30,000 per kW up to 2 kW and ₹18,000 per kW for additional capacity up to 3 kW, with the total subsidy capped at ₹78,000 for rooftop systems of 3 kW or more.

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