Have you ever thought about putting solar panels on your roof? It is a great way to save money on electricity and help the environment. The best part is that the Indian government wants to help you do it. This guide will tell you everything you need to know about getting subsidies for solar panels.
What is the Solar Panel Subsidy?
The solar panel subsidy is financial help provided by the government to help cover some cost of solar panels. It is part of PM Surya Ghar Muft Bijli Yojana or the Rooftop Solar Scheme. This plan aims to install solar panels on one crore (10 million) homes across India. The motive behind this scheme is to encourage the use of clean energy, thereby reducing reliance on conventional electricity sources.
What is the Subsidy Amount?
The subsidy can cover up to 40% of the cost of installing your solar panels, depending on the size of your system. Here is a simple breakdown:
System Capacity | Subsidy Amount |
---|---|
Up to 2 kW | Rs. 30,000 per kW. |
Up to 3 kW | Rs. 18,000 per kW for additional capacity |
Larger than 3 kW | Capped at Rs 78,000 |
How to Apply for the Subsidy?
Applying for the subsidy is easier than you might think. Here is what you need to do:
- 1
Visit PM Surya Ghar Muft Bijli Yojana website and log in.
- 2
Click on ‘Apply for Rooftop Solar’.
- 3
Choose your state, district, electricity company, customer account number, mobile number and email to complete the form.
- 4
Wait for your electricity company to check if your roof is strong enough for solar panels.
- 5
If they approve, choose a registered company to install your solar panels.
- 6
After installation, ask for a net metre. When everything is set up and checked, you will get a certification certificate.
- 7
Log in to the website again and give your bank details.
And that’s it. The government will send the subsidy to your bank account within 30 days.
Eligibility and Key Requirements for Solar Subsidy in India
To qualify for the solar subsidy in India, you must meet the following criteria:
Benefits of Going Solar
To qualify for the solar subsidy in India, you must meet the following criteria:
Essential Documents to Apply for Subsidy
To apply, you will need some essential documents:
How can Alpex Help you Get Started?
Alpex simplifies your journey to solar energy with expert guidance and comprehensive support:
- 1
Expert Consultation: Assess your home’s solar potential and choose the right system for your home with Alpex’s expert advice.
- 2
Subsidy Application Support: Navigate the subsidy application process smoothly with our assistance, ensuring all criteria and documents are in place.
- 3
Professional Installation: Get your solar panels installed by government-approved professionals with Alpex handling the entire installation process.
- 4
Ongoing Monitoring and Maintenance: Enjoy continued support with system monitoring and maintenance to ensure optimal performance.
- 5
Paperwork and Certification: Alpex manages all necessary paperwork, including net metre installation and certification, for a hassle-free experience.
- 6
Financial Management: We assist with financial management, ensuring the subsidy amount is credited to your account efficiently.
Choose Alpex for a seamless transition to solar energy, maximising benefits while reducing hassle.