How much would it cost to install a 3kW solar system? Is government subsidy applicable? If yes, how can you avail it?

Assuming you will be using high-quality solar panels, a 1kW solar system will typically cost between Rs 60,000 and Rs 70,000. However, this amount may vary depending on your location and the type of installer you choose. Additionally, keep in mind that this cost does not include expenses for permits and inspections. Therefore, a 3kW solar system will cost you around Rs 1,80,000(Rs 60,000 * 3kW).

Now, let us move on to government subsidies. The good news is that there are several subsidies available to help offset the costs of solar panel installation. The government of India has been running a solar subsidy program for many years now. The primary purpose of offering a solar panel subsidy is to encourage homeowners to adopt solar. Very recently, Prime Minister Narendra Modi also announced a National Subsidy Scheme. A National Portal for Rooftop Solar was launched on the 30th of July, 2022.

Here are the true subsidy calculation parameters:

For a solar system between 1 KW to 3 KW, you get a 40% subsidy

For a solar system that is more than 3 KW and up to 10 KW, you get a 20% subsidy

Here is the subsidy rate card:

Upto 3kW	Rs 14,588
Above 3kW and upto 10kW	₹14,588/kW for the first 3kW; thereafter, ₹7294/kW
Above 10kW	₹94,822 fixed

Now, the question is how to be eligible to avail govt. Subsidies?
You can get a subsidy for your solar system by using India-made panels approved by ALMM! This exclusive offer is only available for on-grid solar systems. If you're a homeowner or residing in a housing society, you can enjoy up to a 10 KW subsidy for your residential solar project. Unfortunately, commercial properties are not eligible for this program. Don't miss out on this opportunity to save on your energy costs!

Now Ministry of New and Renewable Energy (MNRE) now sends the subsidy straight to your bank account within 30 days of your local discom inspection. No more waiting or complicated processes. Enjoy the benefits of clean energy hassle-free.

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How much would it cost to install a 3kW solar system? Is government subsidy applicable? If yes, how can you avail it?

Here are the true subsidy calculation parameters:

For a solar system between 1 KW to 3 KW, you get a 40% subsidy

For a solar system that is more than 3 KW and up to 10 KW, you get a 20% subsidy

Here is the subsidy rate card:

Now Ministry of New and Renewable Energy (MNRE) now sends the subsidy straight to your bank account within 30 days of your local discom inspection. No more waiting or complicated processes. Enjoy the benefits of clean energy hassle-free.

How much can you save by installing solar panels?

How to choose a solar installation company?

Top 5 myths about going solar

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