Know More About Solar Panel System Price and Subsidy in Delhi (2024)

Solar energy is a popular green energy source that is powering homes, businesses, industries, and farmhouses. Thanks to its high renewable capacity, more and more consumers are turning towards solar energy to reduce grid dependence and cut monthly power expenses. This resource is easily accessible, assures high energy generation capacity, and is relatively simpler to manage than conventional sources.

The government of India is providing subsidy aid to encourage the use of solar systems for residential power needs. Everyone from small houses and large buildings to institutions and other large-scale cooperative housing complexes can benefit from solar subsidy in Delhi. The subsidy scheme intends to reduce solar panel prices in Delhi and all over India for the housing sector.

Solar Panel System Subsidy in Delhi

Property owners in India are turning to sustainable energy solutions, like solar energy, to meet their power needs. A solar power generation system is effective for all types of houses, apartments, housing complexes, and more. Commercial organizations and governmental institutions like industrial plants, schools, hospitals, office spaces, startups, farmhouses, and commercial buildings can immensely benefit from a reliable supply of solar power. Also, making sure that environmental protection policies are respected is important.

The Government of India has incentivized rooftop-based solar system installation and usage to make them more profitable for residential users. Eligible applicants can avail solar subsidy in Delhi by simply visiting the National Portal for Rooftop Portal. The applicable Central Financial Assistance (CFA) / Subsidy amount is fixed for each kW unit across different system capacity slabs and is represented below:

Rooftop Solar System Capacity	Applicable Subsidy (₹)
1 kW	30,000/-
2 kW	60,000/-
3 kW and Above	78,000/-*
Resident Welfare Associations (RWA) / Group Housing Societies (GHS)	Rs. 78,000/- For common facilities up to 500 kWp @ 10 kWp per house, with the upper limit being inclusive of individual rooftop plants already installed by individual residents in that GHS/RWA at the time of installation of the RTS for common activities.
Note: *The subsidy amount is fixed for rooftop solar systems of 3 kW and above capacity.

Solar System Price in Delhi

Before discussing the cost estimate after applying subsidies, knowing the current solar system price in Delhi is necessary. For this, you can consult with top solar system providers and get accurate quotes on solar panel systems in the market.

Experts study technical factors to measure the cost. These include location and the number of solar components used as well as other factors like budget and the cost of labour in your region. Depending on your preferences, a final estimate of the solar price in Delhi is prepared.

Solar System Size	Price Range (Estimated)
1kW Solar System	Rs. 75,000 – 85,000
2kW Solar System	Rs. 1,50,000 – 1,70,000
3kW Solar System	Rs. 1,89,000 – 2,15,000
4kW Solar System	Rs. 2,52,000 – 2,85,600
5kW Solar System	Rs. 3,15,000 – 3,57,000
10kW Solar System	Rs. 5,31,000 – 6,07,000

Solar System Price in Delhi with Subsidy

The Delhi government is pushing to optimize the solar panel price in Delhi with subsidy for residential solar installations. The initiative is made for the group and cooperative housing societies and homeowners to use rooftop solar panels to produce low-cost electricity on-site instead of depending on the grid supply. The solar power contribution is expected to increase to over 50% of the consumption limit set for Delhi by 2030.

Solar panel installation and operation costs show lower energy expense rates after factoring in subsidies. The subsidy on solar panels in Delhi varies depending on the size of the solar system.

Solar System Size	Estimated Price Range	Subsidy Applicable	Prices After Subsidy
1kW Solar System	Rs. 75,000 – Rs. 85,000	Rs. 30,000	Rs. 45,000 – Rs. 55,000
2kW Solar System	Rs. 1,50,000 – Rs. 1,70,000	Rs. 60,000	Rs. 90,000 – Rs. 1,10,000
3kW Solar System	Rs. 1,89,000 – Rs. 2,15,000	Rs. 78,000	Rs. 1,11,000 – Rs. 1,37,000
4kW Solar System	Rs. 2,52,000 – Rs. 2,85,600	Rs. 78,000	Rs. 1,74,000 – Rs. 2,07,600
5kW Solar System	Rs. 3,15,000 – Rs. 3,57,000	Rs. 78,000	Rs. 2,37,000 – Rs. 2,79,000
10kW Solar System	Rs. 5,31,000 – Rs. 6,07,000	Rs. 78,000	Rs. 4,53,000 – Rs. 5,29,000

Steps to Apply for a Subsidy in Delhi

The process of accessing solar system subsidy in Delhi involves multiple stages of document submission and verification before you can receive the promised financial support. Fortunately, the launch of the National Portal for Rooftop Solar has simplified the whole subsidy processing and disbursement procedure

The online portal ensures complete transparency by enabling consumers to conveniently submit the application online. The same platform allows you to follow your application, submit relevant documents related to your RTS installation, and receive updates. The online portal also has all the relevant information on eligibility criteria, solar vendors empanelled with your state DISCOM, and the list of approved manufacturers to buy made-in-India solar components.

Benefits of Solar Panel Subsidy in Delhi

There are multiple advantages to applying for subsidy schemes for solar panel installation and activation. After factoring in the subsidy aid, the price of a 1kW solar panel system in Delhi or higher system capacities can become more affordable for most homeowners.

Better incentives: One of the top merits of applying for a subsidy for solar installations is that consumers get better incentives. Those that match the eligibility points for generation-based incentives can get INR 2 for every unit of electricity generated. In fact, consumers can earn around INR 2000-3000 per year with this type of incentive active.
Sell extra electricity for secondary income sources: Another benefit of applying for solar rooftop subsidy in Delhi is that consumers can sell off the excess electricity. With the right system size, you are likely to see surplus solar energy output during peak sun hours. In a grid-tied solar energy system, solar panels directly transfer unused electricity to the grid. In return, the government rewards solar credits for each unit transferred.
Reduced cost of power consumption: The general cost of using conventional energy sources is very high, not to mention the environmental consequences. Using solar energy as a primary source of power in homes and businesses can considerably reduce the burden on the grid. Likewise, solar is a cheaper energy source and promises high returns on investment over the 25 years of the system’s lifespan. Solar rooftop subsidy in Delhi has further reduced the cost of solar, making it a more profitable investment for households.

Process for Installing Solar System in Delhi

The solar system installation process is done via the National Portal for Rooftop Solar. The trained solar experts at Amplus Solar are also here to help you through the design and installation of your rooftop solar plant and avail solar subsidy.

Step 1: Registration and Download

Firstly, you should access the official website of the National Portal for Rooftop Solar. As a Direct Benefit Transfer scheme, users can apply for solar panel subsidy in Delhi and receive the aid upon approval directly in the bank account.

Install the Sandes application on your system from the official website.
Complete the registration process in the portal to apply for the scheme.
Follow all of the instructions and fill in the form’s text fields when submitting an application.

Step 2: Submit the form

You can submit the form for installation after fully filling out the application information. Take the time to go through all the information requested and verify the details you added to the application. The process for solar rooftop subsidy in Delhi requires data related to your current housing status, power consumption-related information, etc.

Step 3: Inspection of the site

After submitting the application on the official portal, your state DISCOM appoints a representative for the on-site inspection. The intended installation of an RTS plant is evaluated for technical feasibility factors like the location, property size, number of units the solar panels will support, etc. Your eligibility for the 3kW solar panel price in Delhi with subsidy or other system sizes is determined in this process.

Step 4: NOC application

The application submitted is thoroughly reviewed. If all the details are found accurate, the state DISCOM issues the NOC, which the consumer can access upon logging in to the portal. If not, the application is either cancelled or sent back to the applicant for correction.

Step 5: Choose an empanelled vendor

Once you have the approval, you can now choose from the registered vendors based on their credentials and your requirements. Review the information about the company, the services offered, and pricing like the 500-Watt solar panel price in Delhi. Select your preferred provider and sign a contractual agreement with them. The MNRE recommends all consumers and vendors sign the model agreement available on the online portal.

Step 6: Complete the payment

Following the vendor’s selection process, you must complete the solar panel system payment. The consumer can initially settle the entire 3kW solar panel price in Delhi or other capacities. This is inclusive of the amount you may later receive as subsidy aid.

Step 7: The installation process kickstarts

After you’ve paid the entire 3kW solar panel price in Delhi, the installation process for the solar panels will begin on-site.

Step 8: Get final verification reports

Following the full installation process, the professionals here will provide a full report about the work process with a detailed service breakdown. Plus, they also submit the net meter installation request. Finally, you will get the commissioning certification.

Step 9: Submit payment-related reports

After paying the 1kW solar system price in Delhi or any other kW solar system price, consumers must keep a copy of the information. The beneficiary needs to upload the bank account details and a cancelled cheque on the National Portal for Rooftop Solar.

Step 10: Receive the subsidy amount directly into your bank

All of the information related to the solar system payments, like the bank account information and cancelled cheque, is passed over to the Fund Handling Agency. The applicable subsidy amount is calculated based on your system size. The final amount is disbursed to the beneficiary’s bank account within 30 days.

What is Net Metering?

Net metering or net energy metering (NEM) refers to a billing mechanism regulating grid-tied solar energy systems. It checks the average generation amount and measures how much extra energy the solar panel system has produced. Net metering systems monitor the transfer of unused energy units to the grid and provide solar credit for each unit transferred.

A high amount of direct sunlight is necessary for solar panels to give maximum energy output. On cloudy and rainy days when solar panels don’t get enough sunlight, the solar energy output falls short of your daily energy demand. A net-metered house can still get the required energy supply from the grid.

Net metering increases the financial gains of solar. A home solar system not only offsets your costly grid electricity usage but also creates an additional source of income. Homeowners can expect to recover their upfront 2kW solar system price in Delhi through these savings in just 6-8 years.

Governments accept the net metering-related policy as a means of encouraging more consumers in urban and rural areas to switch to more renewable energy sources. Plus, solar energy helps balance electricity costs compared to other sources, reducing the overall solar price in Delhi.

How to Apply for a Net Meter in Delhi?

The process to reduce the 5kW solar panel price in Delhi or the price of any other watt solar panel price under the subsidy scheme covers specific steps across the board. However, some regions may have different installation-related rules, so refer to the divisional offices or blocks to verify.

Firstly, you must fill out an offline or online form for a net metering application and submit it to the divisional officer. A DISCOM-designated officer inspects the intended space for RTS installation and gives confirmation after a full evaluation. Then you have the authorization to complete the panel installation.

Gather data like the fee for net metering, certifications for the solar system, property papers, and other pieces of documentation. The DISCOM-designated officer will audit the RTS plant after you submit the forms to see that the compliance policies are properly followed.

Conclusion

The upfront cost of going solar shouldn’t be seen as an expense but as an investment with 25+ years of incredible returns. And the government subsidy benefits make the transition more viable by reducing the 2kW solar panel price in Delhi and all over India.

Talking to top experts is useful to plan proper payment guidelines for power generation costs. They can provide an accurate and well-researched estimation of the 5kW solar panel price in Delhi as per the solar panel system type.

FAQs

What is the meaning of the DBT scheme, and who organised it?

The DBT scheme, or Direct Benefit Transfer scheme, under the Indian government, is an initiative to reduce solar panel prices in Delhi and encourage off-season adoption of solar. The National Portal for Rooftop Solar is the designated platform to facilitate the online processing and disbursement of the scheme.

How does the DBT scheme work?

The government-authorized DBT scheme in India involves the consumer paying the total installation cost to their solar system vendor. After intensive verification, the scheme returns the appropriate subsidy amount to their bank account directly. This is applicable for 30 days after commissioning the system.

What does virtual net metering mean, and why is it worth noting?

Many states focus on getting VNEM, or virtual net metering, policies. This benefits residential customers by allowing them to get net metering-related concessions even when the solar panels are not installed at the property. An example of this net metering type is the community solar farm-based policies. In this case, the subscribers of one solar farm get the net metering credits during periods of low power generation. All members get the benefit equally.

Can I get a solar subsidy in Delhi on any solar system?

Solar panel systems come in different types and sizes to suit the varying needs of residential and commercial customers. These include off-grid solar, on-grid, and hybrid-type solar systems. Currently, the solar subsidy in Delhi only applies to on-grid solar systems installed on-site.

Would Delhiites go for solar panel installation? Why is the state government focusing on this initiative in Delhi?

Delhi suffers from poor air quality and a high pollution level. With the government incentivizing the use of solar panels to power residential and commercial properties and farmhouses, more and more customers today are switching to solar. Modern solar systems have the potential to generate ample electricity to meet our power demands and offset the grid-supplied power usage. Unlike conventional energy sources, the solar energy generation process is clean and doesn’t emit harmful gases into the environment.

Amplus Solar

January 14, 2024