As the third largest manufacturing hub in India, Uttar Pradesh is making strides in embracing renewable energy. With a focus on solar power, the state government has introduced a solar panel subsidy scheme to encourage residential, industrial, and agricultural sectors to adopt clean energy solutions.

In this article, we’ll explore the details of the solar panel subsidy in Uttar Pradesh and how you can avail of it.

Uttar Pradesh’s Solar Power Potential

Uttar Pradesh consumes a significant amount of electricity, with an annual consumption of 98,730 GWh. To meet this growing demand and reduce reliance on fossil fuels, the state government has set its sights on harnessing the power of the sun. By providing subsidies for solar panel installations, the government aims to make renewable energy more accessible and affordable for its citizens.

Eligibility and Subsidy Rates

The solar panel subsidy in Uttar Pradesh is applicable for various sectors:

1. Residential Sector: Homeowners can avail of a subsidy for installing solar panels with a capacity above 10 kW, but the central subsidy will be applicable only up to 10 kW.
2. Group Housing Society Projects: For projects with a capacity between 10 kW and 100 kW, the government provides a subsidy of 40% for the first 3 kW and 20% on the balance.
3. Industrial and Agricultural Sectors: The government also offers subsidies for solar panel installations in these sectors, encouraging them to adopt renewable energy solutions.

Also read: Solar Plant Setup Cost in India: A Comprehensive Guide

Calculating the Subsidy

The following table outlines the benchmark costs for grid-connected solar systems as per the Ministry of New and Renewable Energy (MNRE):

Example Calculation

For a 3 kW solar system:

• Cost without subsidy: ₹1,80,000
• Subsidy amount: ₹78,000
• Customer payable amount: ₹1,02,000

This significant reduction makes solar energy an attractive option for many households.

Benefits of Solar Panel Subsidy

Installing a solar panel system not only helps you save on electricity bills but also provides long-term financial benefits:

• Daily Generation: A 5 kW system can generate approximately 25 units per day.
• Monthly Generation: Around 625 units per month.
• Yearly Generation: 7,500 units per year.
• Lifetime Generation: 1,87,500 units over 25 years.
• Return on Investment: 3.6 years.
• Income: 6.89 times the initial investment.

How to Apply for Solar Panel Subsidy

Applying for a solar panel subsidy in Uttar Pradesh involves several steps:

Step-by-Step Application Process

1. Install Net Metering: Before applying for a subsidy, ensure that you have a net metering setup installed.
2. Submit Application:
   • Visit pmsuyraghar.gov.in.
   • Select your state and district.
   • Enter your customer number to log in.
3. Choose Your Vendor: Select Loom Solar or another authorized vendor from the list.
4. Project Confirmation: After confirming your project details with the vendor, an agreement will be reached.
5. Upload Installation Details: Provide necessary documentation including installation reports and photos to your electricity department.
6. Apply for Net Metering and Subsidies: Complete your application through the national portal.

Also read: Best Solar System for Home in India: Unlocking Sustainable Energy Solutions

Understanding Net Metering

Net metering allows consumers to receive credit for excess electricity generated by their solar panels that is fed back into the grid. Here’s how it works:

• Import and Export Metering: The net meter tracks electricity imported from the grid and exported back from your solar system.
• Cost Implications: The average cost for installing a net meter ranges from ₹20,000 to ₹30,000 depending on whether it’s single-phase or three-phase.

Conclusion

The solar panel subsidy scheme in Uttar Pradesh presents an excellent opportunity for residents to invest in renewable energy while benefiting from financial assistance provided by the government. With significant subsidies available and a straightforward application process, now is an ideal time to consider installing solar panels.

By harnessing solar energy, you not only contribute to environmental sustainability but also enjoy long-term savings on your electricity bills. If you’re considering making the switch to solar power in Uttar Pradesh, take advantage of these subsidies today!

FAQs About Solar Panel Subsidy in Uttar Pradesh