Solar Panel Scheme in UP
December 21, 2023
Sunshine on your savings! Solar Panel Subsidy in UP aims to slash your power bills, energize our state’s renewable expansion, and light up some extra cash in your pocket. But how can you soak up these sunny savings? Let’s shine some light on tapping into Uttar Pradesh solar subsidy schemes.
Illuminating UP's Solar Subsidy Landscape
Before basking in the Solar Panel Subsidy in UP details, let’s brighten Uttar Pradesh solar landscape…
- As India’s largest state geographically, we’ve got plenty of rooftop space to fill with glimmering panels! By 2023, UP crossed over 1 gigawatt (GW) in installed rooftop solar capacity.
- UP Government Solar Energy Policy aims for 10 GW total solar power capacity by 2030, including 4 GW from rooftop panels.
Solar Panel Subsidy in UP Across Sectors
UP solar subsidy spans residential, commercial, industrial, government, and more:
- Residential: Home solar with savings up to ₹18,750 per kW
- Commercial: Shops, hotels, and institutions get up to ₹15,000 off per kW
- Industrial: Manufacturers save around ₹10,000 per kW installed
- Government: Direct subsidy up to 30% of project cost.
- So wherever you are on UP’s map, subsidies are ready to energize your solar plans!
How Prefuel Energy Helps in UP Solar Subsidy
Basking in those juicy solar subsidies? Let’s cover top tips for tapping into the solar power savings:
Step 1: We Survey Your Solar Site
- First, sun-check your rooftop or land area. Make sure it:
- Gets abundant direct sunlight
- Has enough space for solar panels
- Needs minimal shading/obstruction removal
Step 2: Select Your Solar System Size
- Next, choose what size system you need:
- Homes: Typically 3–10 kilowatts (kW)
- Businesses: 10 kW to megawatts in capacity!
Step 3: UPNEDA Approved
Prefuel Energy solar installers approved by UPNEDA or the Ministry of New and Renewable Energy (MNRE). We understand UP solar subsidy rules and can expertly claim your savings.
Step 4: Subsidy Application
- Next, We will help apply for solar panel subsidy in UP via portals like:
- UPNEDA solar rooftop portal
- Government of India's Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme
Step 5: Installation & Connection
- Once approved, it’s time to install! Typical process:
- Physical mounting, wiring, and testing
- Electrical tweaks for net metering
- Safety inspections by authorities
- Final grid connection approval
Step 6: Subsidy Disbursal
- Upfront payment to your vendor
- Direct bank transfer within months
- Deduction from outstanding solar loan amount
So bask in the satisfaction of slashing your energy costs with government solar support!
Hot Savings! Current UP Solar Subsidy Rates
Wondering exactly how much sunshine UP’s subsidy can beam on your budget? Here are the latest solar power subsidy rates for 2023:
|
Sector
|
Subsidy Rate
|
|---|---|
|
Residential
|
Up to ₹18,750 per kW
|
|
Commercial
|
Up to ₹15,000 per kW
|
|
Industrial
|
Around ₹10,000 per kW
|
|
Government
|
Up to 30% of project cost
|
For a 5 kW home system, you could redeem over ₹90,000 off! Now those are some hot savings!
FAQs Solar Panel Subsidy in UP
For a 3 kW or smaller residential system, you can get a subsidy of ₹18,750 per kW installed. So for 3 kW, your total subsidy amount would be ₹56,250!
With UP’s residential solar subsidy factored in, you can expect to pay around ₹30-35 per watt for your rooftop solar panel system overall.
Key documents include electricity bills proving usage, identity/residence proof, property ownership papers, system design proposal from your installer, and various undertaking forms.
Unfortunately, UP’s solar subsidy only applies to new system installations approved through the proper channels. No retrospective claims for already active solar rooftop systems.
Currently UP offers subsidies for the core solar panel system only. Battery storage or other accessories do not qualify for the generation-based incentives.
1. Without subsidy, an avg 3 kW solar rooftop system costs ₹150,000
2. With max UP subsidy of ₹56,250, your cost falls to roughly ₹94,000
Further drops if claiming central Financial Assistance (FA)
1. Typically 3-10 kW capacity
2. Depends on your home power usage
3. Match system size to daily energy needs
4. Use free calculator tools to estimate fit
Step 1: Submit electricity usage proofs & site feasibility docs
Step 2: Solar vendor registers subsidy application online
Step 3: Govt reviews and approves application if eligible
Step 4: Install system & redeem subsidy via bank transfer
Without subsidy, rooftop solar payback takes 6-7 years
With UP subsidy, payback drops to 3-4 years – very attractive!
Further accelerated by claiming extra central FA benefits
- Start by requesting techno-commercial proposal from approved solar vendors
- Vendor assists securing feasibility clearances & subsidy application
- Upon system installation & inspection, subsidy disbursed to your account
Under MNRE’s PM-KUSUM scheme, UP government departments can claim up to 30% of total project costs as Central Financial Assistance for installing solar. This allows faster ROI.
- Key benefits include:
30% cost reduction through subsidies
63% accelerated depreciation tax breaks - Lower grid power bills from solar self-supply
- Progress towards UP renewable energy policy targets