Solar System Price In India With Subsidy
There is 90 subsidy on solar water pump for farmers 70 subsidy for hill states h p uk and j k only and 30 subsidy available for all states in india.
Solar system price in india with subsidy. However the problem is the huge upfront installation cost of a rooftop solar system. 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. Thus a rooftop solar system is a worthy investment.
As per mnre the average cost of a rooftop solar system connected with the grid is rs 75 per watt. In fact people can even supply excess electricity to the grid and make some money out of it. How much subsidy will i get on solar. 1kw panel battery inverter.
Which type of solar system is applicable for subsidy. Solar panel subsidy scheme in india 2020 1. We will revised this price list of solar system through subsidy amount. Government will adjust this on your next electricity bill.
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. You also get 30 to 70 government subsidy on solar by mnre i e. Central government of india. Solar net metering is applicable on this system that means excess electricity you can export to government i e.
Solar system cost as per mnre cost government has revised solar system price every year. Most of the. 1kw solar system price in india.