In 2024, Government-owned WEBEL was one of the first manufacturers of solar energy panels in the country. The state government offers subsidies to promote the adoption of solar energy, making it more accessible and affordable for residents.

This initiative is crucial in addressing the state’s growing energy demands and enhancing access to electricity, particularly in rural areas. Here are the key details about the solar panel subsidy in West Bengal for this year:

Overview of Solar Panel Subsidy in West Bengal

The West Bengal government offers a 30% subsidy on the installation costs of solar panels for both residential and commercial users. This financial incentive is designed to encourage individuals and organizations to invest in solar energy, thereby reducing their electricity costs and reliance on fossil fuels.

Types of Available Solar Panel Subsidy in West Bengal

West Bengal offers several types of solar subsidies to encourage the adoption of solar energy among its residents. Here’s a detailed overview of the available subsidies:

1. Net Metering Subsidy

• Eligibility: Available for residential, commercial, and industrial consumers.
• Subsidy Amount: Provides a 30% reduction on the total project cost for grid-connected solar rooftop systems.

2. Capital Subsidy

• Eligibility: Targeted at farmers, rural households, and small to medium enterprises.
• Subsidy Amount: Offers a 30% reduction in installation costs for those who install solar panels.

Also read: How much and how to apply solar subsidy in Bihar?

3. Interest Subsidy

• Eligibility: Available for residential, commercial, and industrial consumers who take loans to finance their solar installations.
• Subsidy Amount: Provides a 5% reduction in the interest rate on the loan amount.

4. Rooftop Solar System Subsidy

• This subsidy is specifically for rooftop solar installations and varies based on system capacity:
  • 1 kW System: ₹30,000 subsidy
  • 2 kW System: ₹60,000 subsidy
  • 3 kW or above: Up to ₹78,000 subsidy

Cost of Solar Panel Installation

The average cost of solar panel systems in West Bengal ranges from approximately Rs. 50,000 to Rs. 2,00,000, depending on factors such as type, size, and brand of panels. With the government’s subsidies, these costs can be significantly reduced, making solar energy a more viable option for many.

Also read: Solar Panel Subsidy in Uttar Pradesh: Harnessing the Sun’s Power

Application Process for Solar Panel Subsidy in West Bengal

To apply for the solar subsidy in West Bengal, applicants must meet specific eligibility criteria and follow these steps:

1. Determine Eligibility: Ensure you qualify for one of the subsidy schemes based on your category (residential, commercial, etc.).
2. Install Solar Panels: Choose a certified installer to set up your solar panel system.
3. Register for Net Metering: Contact your local utility provider to register for net metering.
4. Submit Application: Complete the necessary application forms for the subsidy through your utility provider or government portal.
5. Receive Subsidy: Once approved, the subsidy will be applied to your installation costs.

Conclusion

The solar panel subsidy scheme in West Bengal for 2024 presents a significant opportunity for residents to transition to renewable energy. By leveraging both central and state subsidies, consumers can significantly lower their installation costs, contributing to a more sustainable energy future in West Bengal. For more information or assistance, residents can contact WBSEDCL or visit relevant government websites.