(Upto Rs 1.17 Lacs Photo voltaic Subsidy in Delhi NCR, Haryana; Upto Rs 1.47 Lacs Photo voltaic Subsidy in Uttar Pradesh)
The 12 months 2024 brings extra pleasure for the householders after they set up a photo voltaic system on the roofs or terraces of their properties.
The photo voltaic subsidy cashback underneath MNRE (Central Subsidy Scheme) has been elevated to:
- Rs 18,000 per kWp for residential photo voltaic rooftop methods between 1-3 kWp capability (from the earlier Rs 14,588/kWp)
- Rs 9,000 per kWp for residential photo voltaic rooftop methods between 4-10 kWp capability (from the earlier Rs 7,294/kWp)
- The utmost photo voltaic subsidy is elevated to Rs 1,17,000 for a 10kWp or greater photo voltaic system capability (from the earlier Rs 94,822)
The beneath desk specifies the charges for various system sizes:
1 kWp: Â 14,588 18,000
2 kWp: Â 29,176 36,000
3 kWp: Â 43,764 54,000
4 kWp: Â 51,058 63,000
5 kWp: Â 58,352 72,000
6 kWp: Â 65,646 81,000
7 kWp: Â 72,940 90,000
8 kWp: Â 80,934 99,000
9 kWp: Â 87,528 1,08,000
10 kWp: 94,822 1,17,000
You will discover the whole particulars about central subsidy right here.
The brand new subsidy charges (benchmark CFA charges) shall be relevant for all claims submitted on the net Nationwide Portal for Rooftop Photo voltaic.
The brand new charges have been introduced by the Ministry of New and Renewable Vitality (MNRE) underneath the Rooftop Photo voltaic Scheme (Part – II) and residential prospects underneath completely different classes. As per the MNRE pointers, the brand new charges shall be relevant for purposes obtained on the Nationwide Portal for Rooftop Photo voltaic or for photo voltaic methods put in by means of the tender mode.
For particular class states, the central photo voltaic subsidy for residential shoppers for rooftop photo voltaic methods between 1-3kWp shall be Rs 20,000/kW and for methods between 4-10kW, the brand new subsidy shall be Rs 10,000/kW.
Following are the particular states:
- Uttarakhand & Himachal Pradesh
- Assam and All North East States
- Ladakh, Jammu and Kashmir
- Lakshadeep, and Andaman & Nicobar
For RWAs/ Group Housing Societies, for widespread services upto 500kW, however with a ceiling of 10kWp per family, now the revised photo voltaic subsidy fee shall be Rs 9,000/kWp for basic states and Rs 10,000/kWp for particular states.
The respective DISCOMs shall proceed to be the implementing businesses. The residential shoppers can select solely the empaneled distributors for his or her photo voltaic methods to avail of this subsidy profit.
It is very important observe that any state-level photo voltaic subsidy e.g. upto Rs 30,000 in Uttar Pradesh shall be over and above the central subsidy. Because of this a residential client in Uttar Pradesh can now get a most photo voltaic subsidy of Rs 1,47,000 for a 10kW or greater capability photo voltaic system.
So in case you are dwelling in Delhi, Gurgaon, Faridabad, Panipat, or any a part of Haryana, then the utmost photo voltaic subsidy will be Rs 1.17 Lacs. Nevertheless, in the event you reside in Noida, Higher Noida, Ghaziabad, Lucknow, Kanpur, Meerut, or any a part of Uttar Pradesh, then you will get a most photo voltaic subsidy of Rs 1.47 Lacs.
At MYSUN, we’re dedicated to offer essentially the most seamless and satisfying photo voltaic expertise to householders and we extremely suggest householders to avail of this nice alternative to go photo voltaic in 2024.
*Please observe that the central subsidy and Uttar Pradesh extra photo voltaic subsidy charges talked about above are relevant as of date and these could change once in a while.