Source: https://www.renovapulseenergy.com/post/solar-subsidy-in-maharashtra
Solar Panel System Subsidy in Maharashtra
India's governmental program provides tax incentives for installing photovoltaic systems on rooftops across both Maharashtra and throughout the nation, benefiting residential property owners as well as condominiums. Consequently, the region experiences an overwhelming reaction as numerous households benefit from affordable renewable power produced by their own rooftop solar installations. Utilize solar energy for both cost-free and environmentally friendly electric supply.
According to the second phase of the Rooftop Solar Program, individuals installing grid-connected photovoltaic systems in their homes will be eligible for a predetermined sum known as Central Financial. All of India is covered by these solar incentive programs. Residential customers and property developers qualify for this program's solar panel incentives exclusively.
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Solar System Price in Maharashtra Should you intend to set up an array featuring high-quality photovoltaic modules, expect the typical cost for such systems in Maharashtra to exceed approximately Rs. 60,000 for each kilowatt of power capacity. Nevertheless, prices can vary based on geographical area and additional costs like setup fees.
Solar System Price in Maharashtra with Subsidy
Talking about the estimated solar panel price in Maharashtra with subsidy, here is a representation of how subsidy rates are calculated and factored into your final system price.
| 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 |
If you’re still thinking, take the first step today. Let ReNova Pulse Energy help you switch to solar power smoothly and affordably.
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ReNova Pulse Energy is India’s next-generation solar startup, committed to delivering sustainable, reliable, and affordable solar solutions across the nation to every corner of India especially rural communities especially to rural communities. Go solar with us and enjoy the benefits of government subsidies and hassle-free installation!
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