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India's New Solar Subsidy 2024

Updated: January 18, 2024
India's New Solar Subsidy 2024

The sun shines bright on India, and now, thanks to the government's recent massive increase in solar subsidies, it can power your home more affordably than ever! At OneStop.Solar, we're thrilled to be your gateway to harnessing the sun's energy and reaping the benefits of clean, sustainable living.

Shining Brighter with Bigger Solar Subsidy:

The Ministry of New and Renewable Energy (MNRE) has significantly boosted the Central Financial Assistance (CFA) for rooftop solar installations, especially for residential consumers. Here's how it shines for you:

  • For systems between 1-3 kW: Enjoy a jump from ₹14,588/kW to ₹18,000/kW, saving you even more on smaller systems.
  • For systems between 3-10 kW: The subsidy leaps from ₹7,294/kW to ₹9,000/kW, making larger installations more attractive.

But wait, there's more! Depending on your state, you might be eligible for additional subsidies. For instance, Maharashtra offers a sweet bonus of ₹5,000/kW, UttarPradesh offers subsidy of ₹15,000 with a cap of ₹30,000 per KW. Check your state's renewable energy portal for local incentives.

More Than Just Savings:

Switching to solar isn't just about saving money on electricity bills (which you definitely will, with faster payback periods thanks to the subsidy!). It's about:

  • Protecting the planet: Embrace clean energy and reduce your carbon footprint, contributing to a greener India.
  • Energy independence: Generate your own power and become less reliant on the grid, ensuring a stable and uninterrupted supply.
  • Boosting your property value: Homes with solar panels are increasingly attractive to buyers, potentially increasing your property value.

Ready to Embrace the Sun?

At OneStop.Solar, we're here to make your solar journey smooth and efficient. We offer:

  1. A wide range of high-quality solar panels: Choose the perfect system for your needs and budget.
  2. Expert installation services: Our certified professionals ensure a seamless and hassle-free installation.
  3. Financing options: Explore flexible financing solutions to make your solar dream a reality.

Frequently Asked Questions (Click to expand)

Individual homeowners, resident welfare associations (RWAs), and group housing societies are eligible..

The amount you save depends on your energy consumption and system size. However, with the increased subsidy, you can expect faster payback periods and significant long-term savings..

Visit the MNRE website: and your state's renewable energy portal..

But why do it alone?

At OneStop.Solar, we make your journey to solar power effortless and rewarding. We're your one-stop shop for everything solar, from initial consultations and system design to expert installation and seamless net metering setup. No need to navigate the complexities of the subsidy process - we'll handle it all for you, ensuring you receive every benefit available.

Here's how we make solar simple:

  • Free solar consultation: Our friendly and knowledgeable experts will assess your home's energy needs and recommend the perfect solar system size and configuration.
  • Competitive quotes: We partner with a network of vetted and certified solar installers to bring you the best value for your money.
  • Hassle-free paperwork Let us handle the subsidy application process and all necessary permits, so you can relax and enjoy the sunshine.
  • Expert installation: Our team of licensed professionals will install your solar panels efficiently and safely, ensuring optimal performance.
  • Net metering setup: We'll seamlessly integrate your solar system with the grid, allowing you to sell excess energy back to the utility and further reduce your electricity bills.
  • Ongoing support: We're here for you every step of the way, offering comprehensive maintenance and monitoring services to ensure your solar system keeps shining for years to come.

Call us at +91 62800 20890 to get started today!