Solar System Price In India With Subsidy

Most probably you will get similar solar system price through solar subsidy. 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. In fact people can even supply excess electricity to the grid and make some money out of it.

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1kw solar system price in india.

Solar system price in india with subsidy.

Most of the. Central government of india. Subsidy on solar system. Solar panel subsidy scheme in india 2020 1.

Government will adjust this on your next electricity bill. We are sharing with you for your reference. Solar system cost as per mnre cost government has revised solar system price every year. Thus a rooftop solar system is a worthy investment.

This solar system will work with grid and having 5 year payback time period. Solar net metering is applicable on this system that means excess electricity you can export to government i e. As per mnre the average cost of a rooftop solar system connected with the grid is rs 75 per watt. Buy 1kw on grid off grid and hybrid solar system at best price with subsidy.

However the problem is the huge upfront installation cost of a rooftop solar system. 1kw panel battery inverter. We will revised this price list of solar system through subsidy amount. 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.

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