Solar Rooftop Subsidy in Maharashtra

Maharashtra, one of India’s most industrially advanced states, is also at the forefront of adopting renewable energy sources. The state has a strong focus on solar energy, and to encourage the adoption of rooftop solar systems, the Maharashtra government, in collaboration with the Ministry of New and Renewable Energy (MNRE), has introduced a solar rooftop subsidy scheme. This blog provides detailed information on the solar rooftop subsidy available in Maharashtra.

Solar Rooftop Subsidy Scheme

The solar rooftop subsidy scheme in Maharashtra is part of the National Rooftop Solar Programme Phase II, designed to promote the installation of grid-connected rooftop solar systems across India. The scheme offers financial assistance to reduce the upfront costs of solar installations, making solar energy more accessible and affordable for residents and institutions in Maharashtra.

Key Features of the Subsidy Scheme

  • Central Financial Assistance (CFA): The MNRE provides a subsidy that significantly reduces the cost of installing rooftop solar systems. The subsidy is calculated based on the capacity of the solar system installed.
  • State-Level Support: The Maharashtra Energy Development Agency (MEDA) facilitates the implementation of the solar rooftop scheme and ensures that residents can easily access the benefits of the subsidy.
  • Eligibility: The subsidy is available to residential consumers, including individual households, group housing societies (GHS), and residential welfare associations (RWA). The scheme is not applicable to commercial or industrial consumers.
  • Implementation: The scheme is implemented through empaneled vendors authorized by MEDA and the local electricity distribution companies (DISCOMs).

Subsidy Rates

The following table outlines the subsidy rates for rooftop solar systems in Maharashtra:

Solar System Capacity Subsidy Rate Applicable Sectors
1 kW to 3 kW 40% of the benchmark cost Residential
Above 3 kW to 10 kW 40% for first 3 kW, 20% thereafter Residential, Group Housing Societies
Above 10 kW 20% of the benchmark cost Group Housing Societies/ RWAs

Note: The benchmark cost is periodically updated by the MNRE based on market conditions and the cost of solar components.

Additional Features in Maharashtra

Net Metering: Maharashtra has implemented a robust net metering policy that allows consumers to export excess electricity generated by their solar systems back to the grid, thereby reducing electricity bills and providing a faster return on investment.

State-Level Incentives: Maharashtra offers additional incentives to encourage the adoption of solar energy, particularly in residential areas and housing societies.

Simplified Application Process: MEDA has streamlined the process for applying for solar subsidies, making it easier for consumers to transition to solar energy.

How to Avail the Subsidy

Residents of Maharashtra can avail of the solar rooftop subsidy by following these steps:

1. Select an Empaneled Vendor: Choose a vendor from the list provided by MEDA or your local DISCOM.

2. Submit an Application: The vendor will assist in submitting an application for the subsidy to MEDA or the local DISCOM.

3. Installation: Once the application is approved, the vendor will proceed with the installation of the rooftop solar system.

4. Inspection and Subsidy Disbursement: After installation, MEDA or the local DISCOM will inspect the system. Upon successful inspection, the subsidy amount is disbursed directly to the vendor, reducing the overall cost for the consumer.

Conclusion

The solar rooftop subsidy scheme in Maharashtra provides a significant opportunity for residents to transition to renewable energy, reduce their electricity bills, and contribute to a greener environment. By leveraging the available subsidies and incentives, the transition to solar power becomes more affordable and practical.

If you’re considering installing a solar rooftop system, now is the perfect time to take advantage of these government incentives. For more information, contact MEDA, your local DISCOM, or visit the MNRE website. Embrace solar energy and contribute to a cleaner, more sustainable Maharashtra.

Here at SolarClue®, we offer a smart, practical, and “beautiful” solution. You will be answered for all the questions related to Solar.

We provide all kinds of brands that are the Best Solar panels in India.

If you are the one who is planning for the solar power system. Don’t hesitate to contact our team!

Looking forward to empowering you with solar energy, just like hundreds of our other clients!

FAQs

1: Who is eligible for the solar rooftop subsidy in Maharashtra?
A: The subsidy is available to residential consumers, including individual households, group housing societies, and RWAs. Commercial and industrial consumers are generally not eligible.

2: How much subsidy can I receive for a 5 kW solar rooftop system in Maharashtra?
A: For a 5 kW system, you will receive a 40% subsidy on the first 3 kW and a 20% subsidy on the remaining 2 kW.

3: Is net metering available in Maharashtra?
A: Yes, net metering is available, allowing consumers to export excess electricity generated by their solar systems to the grid and receive credits on their electricity bills.

4: What documents are required to apply for the subsidy?
A: Typically, you will need proof of ownership, an electricity bill, identity proof, and the application form provided by the vendor or MEDA.

5: Are there ongoing costs after the installation of the solar system?
A: While the subsidy reduces the initial installation cost, ongoing maintenance costs are typically borne by the consumer. Some vendors may offer maintenance services as part of the installation package.

Leave a Reply

Your email address will not be published.