Solar Rooftop Subsidy & Incentive Scheme in India by 2023.
To boost again and expansions the usage of solar energy in the domestic sector, India has a solar subsidy & incentive programmed in place. It reduces the financial burden of installing solar panels, by providing financial assistance to domestic consumers.
With this incentive, residential consumers can save 20% for common utilities & 40% individual bungalows of their installation cost. Moreover, individuals from across the country can apply for these grants. But how much is the incentive and how can individuals claim it? Let’s understand it further.
Central Financial Assistance (CFA).
After successful completion of 1000 MW - 2022 in Gujarat, the Indian government announced that it was implementing the Rooftop Solar Programme Phase II. Under the scheme, the Ministry of New and Renewable Energy (MNRE) will provide CFA to residential consumers for installing Rooftop Solar Systems (RTS).
The programme will be implemented by DISCOMs and respective state agencies. The best part about the CFA is that it offers Direct Benefit Transfer (DBT), i.e. consumers will directly receive the incentive in their bank accounts.
Who is the CFA for?
Currently, CFA is available to domestic consumers with a grid-connected solar power plant. Moreover, group housing societies and RWAs of solar capacities up to 500kW can also avail the incentive.
MNRE has set certain stipulations that have to be met to avail the subsidy, which we will discuss in the coming sections. First, let’s break down the subsidy amount.
How much is the Solar Subsidy in India?
With the introduction of the CFA, subsidy calculations have been largely simplified. Also, the incentive amount is equal for consumers from all states, except the northeastern states and certain union territories.
- Solar energy systems with a capacity of up to 3 kW are eligible for a subsidy of up to ₹14, 588/ kW.
- For a system capacity between 3 kW to 10 kW, ₹14,588 /kW is applicable for the first 3kW and ₹7,294/kW for the rest of the capacity.
- For plant capacities above 10kW, a fixed amount of ₹94822 will be given.
- For Resident Welfare Associations/Group Housing Societies (RWA/GHS) ₹7294/kW for common facilities up to 500 kWp @ 10 kWp per house.
| Up to 3kW | 3 kWp- 10 kWp | Above 10kW | RWA/GHS (Up to 500 kWp) |
|---|---|---|---|
| ₹14588/ kW | ₹7294/kW | ₹94822 (Fixed) | ₹7294/kW @ 10 kWp per house |
Solar Subsidy for North Eastern/UTs/Hilly States
These prices are applicable across most of countries. However, to promote solar adoption in northeastern states and those with difficult hilly terrains, including Sikkim, Uttarakhand, Himachal Pradesh, UT of Jammu & Kashmir, Ladakh, Lakshadweep, and Andaman & Nicobar Islands, MNRE offers a slightly higher CFA.
- Individual Households with a solar capacity of up to 3 kW: ₹17662/ kW and
- For Rooftop solar capacity between 3kW to 10Kw: ₹17662/ kW for the first 3kW and ₹8831/kW for the remaining capacity.
- For plant capacities above 10kW, a fixed amount of ₹ 1,14,803 will be given
- Resident Welfare Associations/Group Housing Societies (RWA/GHS) – ₹8831/kW for common facilities up to 500 kWp @ 10 kWp per house.
Note: The CFA is calculated based on either the module capacity or the inverter capacity, whichever is lower.
Apart from this, certain Indian states such as Jammu and Kerala also provide their own separate state solar subsidy in addition to the CFA to promote clean energy adoption.
However, as the government moves towards a uniform solar subsidy, there is limited clarity on how long such state-specific incentive schemes will be in place.
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