Subsidy On Solar Panel In Up

Uttar pradesh solar policy and it s solar highlights uttar pradesh or up as it is fondly called is the state with the highest population in india.

Subsidy on solar panel in up.

Get upto 90 subsidy on solar panel system pump. It is located in the northern part of the country and has lucknow as the capital city. A 1kw rooftop solar power system costs between 80 000 and 1 2 lakh depending on the quality of the solar panels. Under the scheme the first 10 000 consumers in the state who set up 1kw systems will obtain a subsidy of 20 000 from the state government in addition to the central government subsidy of 30 000.

On the installation of the 1 kilowatt solar power plant the beneficiaries will get the subsidy of rs 15 000 by the state government and rs 21 000 from the center. Subsidy on solar panels solar power plant systems solar pumps. Some states that listed in the special category and a subsidy of up to 70 of the benchmarked installation cost is offered in these states by north mnre pv rooftop cell. 7 800 per kw sector residential rooftop solar system.

This subsidy is applicable in states that are in the general category. If you buy your system in cash or with a solar loan that means you also get the tax credits rebates and srecs for the system however if you lease your system the third party owner will receive all of the solar incentives. Under the solar rooftop subsidy scheme the central government is providing subsidy of 30 for the general category states and union territories. All of the financial benefits listed below go to the owner of the solar panel system.

Some of the best known cities in india such as varanasi kanpur allahabad etc are a part of uttar pradesh. Special category north eastern states including sikkim uttarakhand himachal pradesh jammu kashmir and lakshadweep andaman nicobar islands are being given 70 subsidy for the same. The state government will subsidize the installation of solar panels in homes under the uttar pradesh up rooftop solar panel subsidy scheme. 15 000 20 000 upto 10 kw central subsidy amount 40 for the first 3kw and 20 on remaining 7kw size of the rooftop solar system up to 10kw price for the customer rs.

Buy solar and get 30 to 90 subsidy on solar. Los angeles reuters america s biggest solar power developers are stockpiling panels to lock in a 30 federal tax credit set to start phasing out next year a strategy that could backfire if. Solar roi ad tax procedure to get subsidy. According to the ministry of new and renewable energy mnre the central government pays 30 of the benchmarked installation cost for rooftop pv systems.