Solar energy is no longer just a resource for replacing depleting fossil fuels with advanced photovoltaic solar company jaipur. Homeowners can reap many financial benefits from solar power, and the government grid is straining due to the growing energy demand.

Under the Rooftop Solar Programme Phase II scheme, the Indian government is subsidizing the cost of home solar systems to make them affordable to even small homes. Moreover, with the launch of the National Portal for Rooftop Solar, the process of availing subsidies on solar panels in Rajasthan and other states has been simplified even further. With the new portal, solar-ready homeowners across India can apply online for subsidy aid and avoid visiting their local distribution companies. The beneficiary's bank account will be credited with the approved subsidy aid for solar panel installation in Rajasthan.

Subsidy for solar panels in Rajasthan

Are you considering installing a solar panel on your roof? The Ministry of New & Renewable Energy (MNRE) has launched the pan-India Rooftop Solar Programme Phase II scheme, which offers rooftop solar subsidies to Rajasthan residents.

Subsidies can make the transition to solar less financially burdensome if you have been delaying your residential solar project because of the high upfront investment. With the National Portal for Rooftop Solar, the national subsidy program makes solar more affordable for residential, institutional, and social sectors. In the public, commercial, and industrial sectors, however, RTS installations are not subsidised by the program.

As part of the national simplified subsidy scheme, different slabs representing different system capacities are assigned fixed subsidy rates. Based on your rooftop solar system capacity, here is a snapshot of the Central Financial Assistance (CFA)/Central Government Subsidy amount you may be eligible for. State and Union Territory subsidy rates are the same across the country. 

Rooftop Solar System Capacity

% Based on System Capacity

Amount in ₹

1kW to 3kW

40%

18,000 per kW

Above 3kW, up to 10kW

20%

• 18,000 per kW for the first 3kW
• 9,000 per kW thereafter for the rest

Above 10kW

1,17,000 fixed

Group Housing Societies/Residential Welfare Associations (GHS/RWA)

20%

for up to 500 kW capacity

Solar Subsidy in Rajasthan, 2024: How to Get It

India has made impressive progress in making subsidy applications and disbursements easier, faster, and more transparent since launching the Rooftop Solar Programme Phase II scheme.

With the recent launch of the National Portal for Rooftop Solar, obstacles that hindered the efficient distribution of solar benefits have been overcome. Subsidies were previously applied for through state-level subsidy programmes, and residents visited the DISCOM company to apply.

In Rajasthan and other states, the online portal gives consumers greater control over the solar plant subsidy application process. Furthermore, it eliminates the need to deal with the DISCOM authorities or learn about state-level active subsidy programs to get subsidy benefits, which is ambiguous and time-consuming.

By letting registered consumers closely track their applications at every step, the portal facilitates clear and transparent rooftop solar subsidy processing in Rajasthan and across the country. Since the platform is accessible 24 hours a day, you can submit applications and initiate the subsidy process, check for updates, and receive approvals/rejections. Additionally, the portal provides information about how to complete the installation and inspection of your RTS system and what subsidy aid you may qualify for.

Subsidy amounts are transferred directly to the beneficiary's bank account as part of the National Subsidy Program (NSP). After the assigned inspecting authority has cleared your grid-interactive solar power system for installation and commissioning, the subsidy amount is released within 30 days.

Solar subsidy eligibility tips for Rajasthan, 2024: 

Solar PV modules manufactured in India are eligible for solar system subsidies in Rajasthan or anywhere in India if they are indigenously manufactured, as prescribed under the simplified subsidy procedure. In order to qualify for the subsidy, solar panels must be manufactured using solar cells made in India. Using the ALMM list, you can choose the right solar panels from the Approved Models & Manufacturers of Solar Photovoltaic Modules.

On-grid solar systems -Rajasthan and other Indian states offer solar subsidies for on-grid solar systems (excluding batteries) installed for residential use if the systems are on-grid and connected to the grid. The true potential of solar technology can be unlocked by homeowners by adding solar batteries. The simplified subsidy scheme will not include the cost of solar batteries in subsidy calculations.

Vendors registered/empanelled with the MNRE - The MNRE has published a list of authorised and vetted solar vendors for commissioning and installing subsidised residential solar projects. Every RTS installation project must follow the minimum specifications and standards. Make sure your local Distribution Utility (DISCOM) company is registered with any solar companies you are considering for your solar transition.

Subsidy rates - A recent update under the simplified process established fixed subsidy rates for different system capacities. All households planning to receive solar subsidies in Rajasthan and other states of India will be subject to these rates. At the start of a new calendar year, subsidy rates are subject to change, so make sure you check the national portal for the current subsidy.

In order for your vendor to provide necessary assistance, it is their responsibility to do a thorough inspection of the intended solar installation site and to advise homeowners on the most appropriate options based on their energy needs and location when choosing a registered/empanelled contractor for your RTS project. Vendors evaluate technical and financial parameters to help consumers choose the right type, size, and design of solar systems. As well as obtaining permits, assisting the DISCOM authority in setting up the net metering system, and inspecting the solar system installed, the vendor is responsible for obtaining necessary permits. A RTS plant will be maintained by the vendor for five years after installation.

Does adding solar ever decrease the value of a home?

You can save money on your energy bills by using solar panels. Some factors may, however, contribute to a decrease in home value, such as poorly designed or outdated solar systems that are inefficient, poorly designed panels, or poor aesthetics. With proper installation, maintenance, and consideration of local market conditions, solar panels can increase a home's value by enhancing energy efficiency and offering potential long-term savings.

Conclusion 

You can start a solar installation at home with Sun Shakti Solar, solar company Jaipur

Get the best prices for solar panels and inverters for your business or installation from a Solar EPC Company In Jaipur. Consider installing solar panels on your home if you're thinking about building a house in the next few years. 

When you sell your home, you will be able to recoup your solar panel installation costs as well as save on your electricity bills. Additionally, you can expect a faster sale. 

Solar energy by Solar EPC Company In Jaipur is the best investment you can make with a solar company Jaipur. When shopping for a home, what prospective buyer wouldn't want an energy-efficient property?