As governments become more active towards promoting renewable energy sources, homeowners can now benefit from government-sanctioned schemes and subsidies that can financially support the installation of solar panels in homes.

1. You Can Avail These Government Schemes &
Subsidies in India for Solar Panels
Image Source – sterlingandwilsonsolar.com
With the rising awareness about environmentally friendly practices in
all aspects of life, we all know about the benefits of the free and clean
power source of solar energy. The use of solar panels to generate
electricity for residential, commercial, and industrial needs effectively
reduces the dependency on other depletable resources such as water,
fuel, and coal.
As governments become more active towards promoting renewable
energy sources, homeowners can now benefit from
government-sanctioned schemes and subsidies that can financially
support the installation of solar panels in homes.
The process of availing of these subsidies involves three parties:

2. 1. The customer, who has to be installing a grid-connected solar
system for their residential home.
2. The channel partner who will take customer details and register
them, working with the customer and the government to expedite the
process of getting a subsidy.
3. The DISCOMs are state-owned electricity distribution companies
that provide customers the financial aid in order to reach solar
installation targets.
In India, each state government has its own subsidy scheme and
procedure for the installation of residential solar power. The central
subsidy amount is 40% for the first 3kW and 20% for the remaining
7kW for rooftop solar systems of up to 10kW.
Solar Rooftop Calculator – ​https://solarrooftop.gov.in/rooftop_calculator
● In Maharashtra, it is managed by MEDA offering 30% of the
benchmark cost.
● In Kerala, the state subsidy amount is the balance after
consumer payment and CFA with the price of the customer being
12% of the capital cost if monthly consumption is 120 units, 20%
for 150 units, and 25% for 200 units.
● In Uttar Pradesh, the state subsidy amount is Rs. 15,000-20,000
up to 10 kW with the price for the customer being Rs. 7,8000 per
kW.
● The Haryana government launched a solar subsidy of 30% of the
benchmark cost in the residential/commercial sector.

3. ● The Madhya Pradesh government offers a 40% subsidy to
domestic consumers for rooftop solar panel installation through
Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL).
● 70% subsidy in hill stations states like Himachal Pradesh,
Uttarakhand, and Jammu & Kashmir, and 90% subsidy available
for farmers on water pumping systems.
Explore at the website of Ministery of New & Renewable Energy –
https://mnre.gov.in/solar/schemes
2.4 MWp Solar Power Plant, Kerala, India –
https://www.sterlingandwilsonsolar.com/businesses/project/Solar-Power-Plant-2.4-MWp-Kerala
Sterling and Wilson Solar​, a global leader in offering a complete range
of ​Solar EPC solutions​, also offers services of rooftop solar projects.
The ​rooftop solar​ offerings of Sterling and Wilson Solar Ltd. (SWSL)
include Solar PV in RCC flat roofs, Solar PV on sheet metal roofs,
Ground-mounted Solar PV, Solar PV on Carport, and
Building-Integrated PV, among others. This ​leading solar EPC
company​ is responsible for more than 70 MW rooftop projects spread
across India, along with international markets such as the Middle East
and Africa regions.

4.
Originally published at ​http://realestateandepc.wordpress.com
on March 17, 2021.