Solar System Price In India With Subsidy

Solar system cost as per mnre cost government has revised solar system price every year. We will revised this price list of solar system through subsidy amount. In fact people can even supply excess electricity to the grid and make some money out of it.

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Solar system price in india with subsidy.

Solar panel subsidy scheme in india 2020 1. Buy 1kw on grid off grid and hybrid solar system at best price with subsidy. Most probably you will get similar solar system price through solar subsidy. 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.

Most of the. You also get 30 to 70 government subsidy on solar by mnre i e. Mnre ministry of new and renewable energy central government has set the target to install 227 gigawatt 22 70 00 000 kilowatt by 31 march 2022. This solar system will work with grid and having 5 year payback time period.

1kw solar system price in india. Government will adjust this on your next electricity bill. However the problem is the huge upfront installation cost of a rooftop solar system. Thus a rooftop solar system is a worthy investment.

Subsidy on solar system. As per mnre the average cost of a rooftop solar system connected with the grid is rs 75 per watt. Solar net metering is applicable on this system that means excess electricity you can export to government i e. We are sharing with you for your reference.

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