We feel that you are struggling to pay your electricity bills now a days because of hike in the rate of electricity. So, there are majority of people who acquire solar panels to reduce their bills. If you live in Maharashtra and want to install solar plant on the rooftop then you got full details in this article about the price of solar panel and the subsidy amount too.
Solar system price is too high but you can avail the subsidy from the government to reduce the cost of solar system through government schemes. Let’s know the detailed information about the price and subsidy for various capacity of solar system in Maharashtra.
Headings
Solar System Price in Maharashtra 2024
Solar panel price will be different by location. Because of the transportation of the solar plates and it’s also depends on distribution network. So, here in the below table we providing a reference price for your target.
| Solar System | Price Range (₹) |
|---|---|
| 1kw solar system | 50,000 to 75,000 |
| 2kw solar system | 1,00,000 to 1,40,000 |
| 3kw solar system | 1,45,000 to 2,00,000 |
| 4kw solar system | 1,90,000 to 2,70,000 |
| 5kw solar system | 2,35,000 to 3,45,000 |
Solar panel subsidy 2024
If you want to install solar system for your home then you can avail more subsidy then industrial solar system. Because central government provide 60% highest subsidy through PM Surya Ghar Muft Bijli Yojana. For home owners, they will get 60% subsidy for up to 2 Kilowatt solar panel while 3 or more than solar system capacity then they will get 40% subsidy on total cost of solar panels.
If you want to install rooftop solar panel for industrial purpose then the subsidy amount will be fixed and that is for up to 3 Kilowatt capacity you will get 18,000 per Kilowatt and 3 to 10 Kilowatt capacity government will provide 9,000 per Kilowatt as a subsidy amount.
Solar system price with subsidy in Maharashtra
In the below table you can see that what amount you have to spend for various solar system capacity after the subsidy. It will different if Maharashtra state government also provide you subsidy on solar panels. Here we only discuss about Central Financial Assistance only.
| Solar System | Price (₹) | Central Subsidy (₹) | Price with Subsidy (₹) |
|---|---|---|---|
| 1 KW | 50,000 to 75,000 | 30,000 | 20,000 to 45,000 |
| 2 KW | 1,00,000 to 1,40,000 | 60,000 | 40,000 to 80,000 |
| 3 KW | 1,45,000 to 2,00,000 | 78,000 | 67,000 to 1,22,000 |
| 4 KW | 1,90,000 to 2,70,000 | 78,000 | 1,11,000 to 1,92,000 |
| 5 KW | 2,35,000 to 3,45,000 | 78,000 | 1,57,000 to 2,67,000 |
Application process for getting subsidy
If you are home owners then it’s simple to apply online for getting subsidy on the national portal. There are few steps you have to follow and it’s done. If you want to know those steps then you can refer this article https://pmsuryaghar.in/pm-surya-ghar-yojana-online-apply/ in which full roadmap of registration process will be given.
If you are interested to know about solar panels or solar energy then you are landed right web because this website provides you all the updates about the scheme as well information about solar panels. Thank you for reading and if you liked it then please share also.
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