Solar system price will depends on the transport distance from the manufacturer of solar panels. So, here in this article we provide full details on what is the solar system price in Rajasthan with subsidy from the government.
Recently, while announcement of state budget 2024-25, state government said that they will provide subsidy to home owners who install rooftop solar system based on CFA (Central Financial Assistance).
First, let’s know the price of solar panel system and later on the discuss about the subsidy amount from the government.
Headings
Solar panel price in Rajasthan 2024
If you live in Rajasthan and want to install solar rooftop panels on your home then you can easily applied for the subsidy also. Here we listed the basic price of solar panel system for specially grid connected solar system. You have to keep in mind that grid connected solar system is less cost compared to Off-grid system and hybrid solar system in India.
| System Capacity | Price Range (INR) |
|---|---|
| 1kw | 50,000 – 70,000 |
| 2kw | 1,00,000 – 1,40,000 |
| 3kw | 1,45,000 – 2,00,000 |
| 4kw | 1,90,000 – 2,70,000 |
| 5kw | 2,40,000 – 3,40,000 |
Subsidy amount provided by the Government
If you want to install solar panel for your home and for industrial purpose then there are different subsidy amount offered by the government. Obvious that, home owners will get more subsidy then the industrial owners.
For Home Owners
| Rooftop Solar Capacity | Subsidy Amount (INR) |
|---|---|
| Up to 2 Kilowatt | 30,000/Kilowatt |
| 3 to 10 Kilowatt | 78,000*** |
For Industrial Owners
| Rooftop Solar Capacity | Subsidy Amount (INR) |
|---|---|
| Up to 3 Kilowatt | 18,000/Kilowatt |
| 3 to 10 Kilowatt | 9,000/Kilowatt |
| More than 10 Kilowatt | 1,17,000*** |
Note: Price will be change after changes in the benchmark cost.
Solar system price with subsidy in Rajasthan
Due to providing subsidy by the government there are so many residential owners encouraged to install solar panels. As per the deputy chief minister of Rajasthan, their government will provide subsidy amount notified under PM Suryoday Yojana which was started by the central government in February, 2024. Here we provide the details of subsidy according the Suryoday Yojana.
| Solar Panel Capacity | Price Range (INR) | CFA (INR) | Price After Subsidy (INR) |
|---|---|---|---|
| 1kw | 50,000 – 70,000 | 30,000 | 20,000 – 40,000 |
| 2kw | 1,00,000 – 1,40,000 | 60,000 | 40,000 – 80,000 |
| 3kw | 1,45,000 – 2,00,000 | 78,000 | 67,000 – 1,22,000 |
| 4kw | 1,90,000 – 2,70,000 | 78,000 | 1,11,000 – 1,92,000 |
| 5kw | 2,40,000 – 3,40,000 | 78,000 | 1,62,000 – 2,62,000 |
Note: Subsidy only provided those who installed On-grid (Grid connected) solar system. It means subsidy amount described in the upper table only will be available those who install On-grid system or through Suryoday Yojana online application.
Major benefits of solar panel specially in Rajasthan
- Geographic Location: Rajasthan is the state where sun light is more than the some other states of India. That’s why people of Rajasthan get major benefits of solar energy to power their home. One another benefit is government will provide subsidy to reduce the initial cost of installation of solar system. That’s why it’s easy to install for poor and medium people of the state.
- Money saving by lower electricity bills: Today’s date, there are an average price of electricity unit is 8 rupee. It means there are high loss of money due to electricity usage specially in summer season. But due to solar panels there are no need to pay electricity bills. It becomes totally free to use electrical appliances.
- Profitable for long time: Once you install the solar panel system on your rooftop, after that it gives electricity for up to 35 years long with less maintenance. After the 25 years there are also chance to generate electricity from that solar panels but their efficiency going to low as compared to 25 years ago. As well as it increase the proprty value too.
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