Solar Yojana | Energy Portfolio | Subsidy, Geda Approved Vendors List | Benefit
Backing away from installing a solar system because somebody said that the upfront cost is unaffordable? What if we tell you that you don’t have to pay the entire solar panel price Gujarat from your pocket? Yes, you heard that right!
Thanks to the state government, you can get subsidies for installing solar panels at your home. Besides, it’s not true that solar systems are exceptionally expensive. The money they save in the long run is worth what you spend upfront.
Keep in mind that a solar subsidy in Gujarat is not provided for commercial setups. It’s available for residential homes and housing societies only.
So, what is meant by getting a subsidy on solar panels? Well, it is the financial assistance provided to aid people in installing solar panels at an affordable price.
We know that you are curious to know everything about solar panel price, Gujarat and the solar subsidy in Gujarat.
So, wait no longer and dive in to know the solar panel price Gujarat.
If one wants to measure the solar potential in Gujarat, they need not look further than Modhera. With more than 1300 rooftop solar systems over houses and government buildings, this tiny village in Gujarat has become the first-ever 24X7 solar-powered village in India.
Gujarat is India’s sixth-largest state by land and ninth-most populous, with a population of more than 60 million people. It is one of India’s richest and most well-run states, as well as a leader in the country’s energy sector
The state is also breaking new ground in the field of renewable energy (RE) and has built an installed capacity of close to 20,000 MW in clean energy.
Gujarat’s Solar Energy Portfolio
Gujarat is a semi-arid region that receives vast amounts of sunshine. The state government is making strides to harness this geographical advantage.
The north western state has achieved an installed capacity of around 7782 MW. The state currently occupies the 2nd spot in the list of the top solar-powered states in India. And there’s more. Despite having just 5% of the nation’s population, Gujarat houses approximately two-thirds of the residential solar energy systems in India.
The boom in rooftop solar installations in Gujarat can be traced back to the favourable policies introduced by the state. In 2019, the Gujarat government introduced the Surya solar subsidy scheme to develop 1.6GW of solar rooftop capacity by March 2022.
Though the target was not met, between 2019 and March 2022, the state was able to grow its rooftop solar segment from 0.085GW to 1.2GW.
Gujarat is also building the world’s largest renewable energy park with a capacity of 30,000MW. This park, which would mix both solar and wind energy, would help mitigate 5 million tonnes of carbon emissions every year.
Solar Panel Subsidy in Gujarat, 2022 - Geda Approved Vendors List
Western State of our India; Gujarat is bordered with Rajasthan, Maharashtra & Madhya Pradesh. Gujarat receives a good amount of sunlight every year to produce or generate power. And it has also been one of the top contributors to generate power through renewable sources.
Gujarat stands at the second spot in the list of state-wise power generation capacity in India. It has the capacity to generate about 38,000 MW of electricity accounting for 10% of national capacity, whereas it’s the peak power requirement is 18,000 MW. As of 2020, the state satisfies approximately 35% of its energy requirement through renewable sources of energy including 7,845 MW from wind, 3,273 MW from solar, 81.6 MW from biomass, and 63.33 MW from mini-hydro power projects.
With an aim to increase the share of renewable energy to 53% by 2022, the government has a solar power policy in place. As per the amendment of 2016, a subsidy is offered for residential rooftop solar panel installation.
Below is a comprehensive guide on solar panels to know about solar panel calculator, the subsidy offered, and other common questions.
Objective of this Solar Subsidy
• To rapidly scale up the State's solar energy capacity in order to contribute to India’s overall renewable energy targets keeping in mind India’s commitments under international climate agreements.
• To reduce the dependence on fossil fuels and further energy security in the State.
• To further the Sustainable Development Goals (SDG) of Gujarat.
• Employment generation and skill enhancement and promotion of local manufacturing facilities.
• To establish core technical competence in professionals by promoting research, development, deployment and innovation in the solar energy sector.
• To spread awareness about solar power technologies amongst all the electricity consumers.
• To create an investment friendly environment that can provide a win-win situation for all stakeholders in the Power Sector.
The costs and subsidy offered on Solar
In order to boost the large-scale installation of solar panels, central government offers 30% subsidy on the total cost of solar panels. The Gujarat Government offers a subsidy of Rs. 10,000/KW in addition to that offered by central government to increase our state’s solar installation. The maximum subsidy given under the residential rooftop solar project scheme in Gujarat will be Rs. 20,000.
Hence, the total amount to be borne by customer will be original cost less Rs. 20000 per KW.
This table illustrates the capacity-wise cost and subsidy for installing solar rooftop panels in Gujarat.
This document covers the additional particulars of the solar project scheme.
Going ahead, let’s know about the solar panel calculator for a home that you can rely on.
Calculating financial requirements of installing solar panel
The calculations pertaining to solar panels are often regarded to be more complex than conventional power connections. However, the Ministry of New and Renewable Energy has developed a solar panel calculator for homes. This simplifies your decision-making to a greater extent and provides you with all financial and technical details.
This solar power calculator gives you an estimate as per your Rooftop area/the capacity you want to install/your budget. One needs to select the residential category of Gujarat and enter the average electricity cost per kWh. The solar panel cost calculator opens a pop-up detailing the cost, electricity generation, financial savings, and the subsidy amount.
Eligibility
Any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person shall be eligible for setting up of SPGs, either for the purpose of captive use and/ or for selling of electricity to the Distribution License/Third Party whether or not under the renewable energy certificate (REC) mechanism in accordance with the electricity Act-2003, as amended from time to time.
Vendor list
The residential customers of any DISCOM in Gujarat are eligible to apply for a PV Solar system. The solar system installed under the scheme should have a minimum capacity of 1kW. The application has to be made through the vendors registered and approved by GEDA. There are, in total, 459 vendors available in Gujarat.
Thanks to the state government, you can get subsidies for installing solar panels at your home. Besides, it’s not true that solar systems are exceptionally expensive. The money they save in the long run is worth what you spend upfront.
Keep in mind that a solar subsidy in Gujarat is not provided for commercial setups. It’s available for residential homes and housing societies only.
So, what is meant by getting a subsidy on solar panels? Well, it is the financial assistance provided to aid people in installing solar panels at an affordable price.
We know that you are curious to know everything about solar panel price, Gujarat and the solar subsidy in Gujarat.
So, wait no longer and dive in to know the solar panel price Gujarat.
If one wants to measure the solar potential in Gujarat, they need not look further than Modhera. With more than 1300 rooftop solar systems over houses and government buildings, this tiny village in Gujarat has become the first-ever 24X7 solar-powered village in India.
Gujarat is India’s sixth-largest state by land and ninth-most populous, with a population of more than 60 million people. It is one of India’s richest and most well-run states, as well as a leader in the country’s energy sector
The state is also breaking new ground in the field of renewable energy (RE) and has built an installed capacity of close to 20,000 MW in clean energy.
Gujarat’s Solar Energy Portfolio
Gujarat is a semi-arid region that receives vast amounts of sunshine. The state government is making strides to harness this geographical advantage.
The north western state has achieved an installed capacity of around 7782 MW. The state currently occupies the 2nd spot in the list of the top solar-powered states in India. And there’s more. Despite having just 5% of the nation’s population, Gujarat houses approximately two-thirds of the residential solar energy systems in India.
The boom in rooftop solar installations in Gujarat can be traced back to the favourable policies introduced by the state. In 2019, the Gujarat government introduced the Surya solar subsidy scheme to develop 1.6GW of solar rooftop capacity by March 2022.
Though the target was not met, between 2019 and March 2022, the state was able to grow its rooftop solar segment from 0.085GW to 1.2GW.
Gujarat is also building the world’s largest renewable energy park with a capacity of 30,000MW. This park, which would mix both solar and wind energy, would help mitigate 5 million tonnes of carbon emissions every year.
Solar Panel Subsidy in Gujarat, 2022 - Geda Approved Vendors List
Western State of our India; Gujarat is bordered with Rajasthan, Maharashtra & Madhya Pradesh. Gujarat receives a good amount of sunlight every year to produce or generate power. And it has also been one of the top contributors to generate power through renewable sources.
Gujarat stands at the second spot in the list of state-wise power generation capacity in India. It has the capacity to generate about 38,000 MW of electricity accounting for 10% of national capacity, whereas it’s the peak power requirement is 18,000 MW. As of 2020, the state satisfies approximately 35% of its energy requirement through renewable sources of energy including 7,845 MW from wind, 3,273 MW from solar, 81.6 MW from biomass, and 63.33 MW from mini-hydro power projects.
With an aim to increase the share of renewable energy to 53% by 2022, the government has a solar power policy in place. As per the amendment of 2016, a subsidy is offered for residential rooftop solar panel installation.
Below is a comprehensive guide on solar panels to know about solar panel calculator, the subsidy offered, and other common questions.
Objective of this Solar Subsidy
• To rapidly scale up the State's solar energy capacity in order to contribute to India’s overall renewable energy targets keeping in mind India’s commitments under international climate agreements.
• To reduce the dependence on fossil fuels and further energy security in the State.
• To further the Sustainable Development Goals (SDG) of Gujarat.
• Employment generation and skill enhancement and promotion of local manufacturing facilities.
• To establish core technical competence in professionals by promoting research, development, deployment and innovation in the solar energy sector.
• To spread awareness about solar power technologies amongst all the electricity consumers.
• To create an investment friendly environment that can provide a win-win situation for all stakeholders in the Power Sector.
The costs and subsidy offered on Solar
In order to boost the large-scale installation of solar panels, central government offers 30% subsidy on the total cost of solar panels. The Gujarat Government offers a subsidy of Rs. 10,000/KW in addition to that offered by central government to increase our state’s solar installation. The maximum subsidy given under the residential rooftop solar project scheme in Gujarat will be Rs. 20,000.
Hence, the total amount to be borne by customer will be original cost less Rs. 20000 per KW.
This table illustrates the capacity-wise cost and subsidy for installing solar rooftop panels in Gujarat.
This document covers the additional particulars of the solar project scheme.
Going ahead, let’s know about the solar panel calculator for a home that you can rely on.
Calculating financial requirements of installing solar panel
The calculations pertaining to solar panels are often regarded to be more complex than conventional power connections. However, the Ministry of New and Renewable Energy has developed a solar panel calculator for homes. This simplifies your decision-making to a greater extent and provides you with all financial and technical details.
This solar power calculator gives you an estimate as per your Rooftop area/the capacity you want to install/your budget. One needs to select the residential category of Gujarat and enter the average electricity cost per kWh. The solar panel cost calculator opens a pop-up detailing the cost, electricity generation, financial savings, and the subsidy amount.
Eligibility
Any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person shall be eligible for setting up of SPGs, either for the purpose of captive use and/ or for selling of electricity to the Distribution License/Third Party whether or not under the renewable energy certificate (REC) mechanism in accordance with the electricity Act-2003, as amended from time to time.
Vendor list
The residential customers of any DISCOM in Gujarat are eligible to apply for a PV Solar system. The solar system installed under the scheme should have a minimum capacity of 1kW. The application has to be made through the vendors registered and approved by GEDA. There are, in total, 459 vendors available in Gujarat.
A few are listed below:
Benefits of installing solar panel on rooftop
The residential rooftops solar projects scheme of Gujarat offers the following benefits:
Along with these there is a lot more on subsidy policy of Gujarat government for solar; find detailed information here
Waaree Energies Ltd is the largest solar panel manufacturers in India. Our product portfolio consists of PV solar panels, inverters, batteries, and water pumps. Reach out to us for any of your residential solar energy requirements and get the best guidance for installing a residential solar power system.
What is a solar subsidy?
Our Indian government has made several efforts to increase the use of solar panels in residential and commercial sectors. The government has started the solar subsidy scheme to install solar panels as financial aid to make this initiative more effective.
- Click here to know the complete details of the vendors.Abhishek Enterprises:
- G-2, Chetan Appartmentopp, Anjoy Resturantjetalpur, Alkapuri – 9727713162.
- Arun Solar Service: 1a, 1st Floor, Pushptara App, Opp.rajan Nagar, Atul Road, Abrama, Valsad - 9427119484, 9904604047.
- Bapa Sitaram Renewable Energy: 317, Samved Complex, Jail Road, Bhavnagar - 9925557878.
- Bright Solar Limited: C-103, Titanium Square, Thaltej Circle, Sg Highway, Ahmedabad - 7820056205.
- Ceyone Solar: 20/1, Kailsah Estate 3, Opp Amc Garden, Viratnagar, Odhav Ahmedabad – 7567646788.
- Kisan Solar Private Limited: 323/a1, Gidc, Makarpura, Vadodara - 9898576699.
- L.l. Electricals: 50-feet Road, Parasana Society, Rajkot - 9726029130.
- M/s Sunmicra Renewable Energy: C-410, Siddhivinayak Business Tower, Nr. Katariya Arcade, Makarba, Ahmedabad - 9537285686.
- Plugin Electrical: 20, Shreedhar Industrial Park, Opp.simla Motor,odhavkathwada, Ring Road, Kathwada - 8511485291, 738340881.
- Power Pack Solutions: 34, Siddhi Vinayak Raw House, Nr. Jivraj Park Over Bridge, Jivraj Park Ahmedabad - 9725787004, 9737786888.
Benefits of installing solar panel on rooftop
The residential rooftops solar projects scheme of Gujarat offers the following benefits:
- 1kW solar panel comes with a subsidy of Rs. 24,490
- The final cost is inclusive of installation, commission, testing charges
- Saves electricity cost by at least Rs. 1000 per month
- It offers a complete maintenance contract of 5 years
- Streamlined application process through vendors
Along with these there is a lot more on subsidy policy of Gujarat government for solar; find detailed information here
Waaree Energies Ltd is the largest solar panel manufacturers in India. Our product portfolio consists of PV solar panels, inverters, batteries, and water pumps. Reach out to us for any of your residential solar energy requirements and get the best guidance for installing a residential solar power system.
What is a solar subsidy?
Our Indian government has made several efforts to increase the use of solar panels in residential and commercial sectors. The government has started the solar subsidy scheme to install solar panels as financial aid to make this initiative more effective.
This subsidy for self-consumption allows a saving in your installation of between 40% and 50%.
These grants, intended mainly for installations in single-family homes or neighborhood communities, can be requested by anyone who wants to install solar panels in their home. Now that you know how one can avail of a subsidy let us discuss the other aspects, such as the benefits of the solar system for homes in the Indian Government Subsidy. But before that, here is why the government looks forward to providing these solar panel government subsidies.
These grants, intended mainly for installations in single-family homes or neighborhood communities, can be requested by anyone who wants to install solar panels in their home. Now that you know how one can avail of a subsidy let us discuss the other aspects, such as the benefits of the solar system for homes in the Indian Government Subsidy. But before that, here is why the government looks forward to providing these solar panel government subsidies.
IMPORTANT LINK
અહીંથી વાંચો સરકાર દ્વારા થયેલો સોલાર સબસીડી વિશેનો સંપૂર્ણ લેટર
માન્ય એજન્સી લિસ્ટ PDF
read report in Gujarati 1
What are the Benefits of the Solar Panel Subsidy?
Using a solar subsidy provided by the Government of India has various benefits. Here are some of them:Setting up a solar system requires investing a lot of money. The solar subsidies provide financial aid in such situations and take the burden off your shoulders.
The amount issued by the government differs depending on the kW of energy the solar system will generate. For example, for up to 3kW, the solar panel subsidy is 40% of the total cost, while for 4kW to 10kW, it is 20%. You choose the subsidy as per your requirements.
Build your rooftop solar system by using the subsidy. You can get an additional incentive of Rs.1 per unit on the total solar power that you generate on the electricity bills annually.
However, these subsidies are only available for residential homes, not the commercial sector. You can avail it only for the Grid Connected Solar System, that is, a system without the use of batteries.
What are the Demerits of the Solar Panel Subsidy?
The solar panel government subsidy has a few demerits that you need to know before applying for it. The two major disadvantages of solar subsidies are listed below.Firstly, the warranty period issued through these subsidies is five years, and this warranty is less than the time offered by other private companies. In addition, you are required to change the inverter every 5-7 years, which further adds to your cost.
You cannot choose an installation company of your choice. If you install a solar system through this subsidy, you cannot select the top brands of your choice, and your options are limited.
Although you apply for the subsidy and use it for setting up your solar panel on your roof, it still requires the investment of money from your end as the Government of India does not sponsor the entire amount.
The subsidy is only limited to residential owners. The commercial and industrial sectors are not eligible for it as they can avail several other benefits like accelerated depreciation and excise duty exemptions.
How much is the subsidy?40% for capacity up to 3 kWp
20% for capacity for more than 3 kWp and up to 10 kWp
20% for GHS/RWA capacity up to 500 kWp. It is limited to 10 kWp per house and a total up to 500 kWp.
Solar Panel Subsidy Cost Estimation
You can issue solar panel subsidies from the central government and the state government. However, to avail of these subsidies, the total cost of installation without the solar subsidy should fall between Rs. 60,000 - 70,000. You can get generation-based incentives depending on the amount of power generated per year. You must generate at least 1100 kWh - 1500 kWh per year to avail of this.
The central government pays up to 30% of the expenses in most of the states. However, states like Uttarakhand, Himachal Pradesh, Sikkim, Lakshadweep islands, and Jammu and Kashmir can get up to 70% of subsidies from the government. There are special subsidies for farmers that provide subsidies up to 90% on water pumping systems.
To avail of these subsidies, a person should follow the protocols and contact the electricity provider. After the electricity provider visits for inspection and provides approval, you can apply for the solar panel subsidy and enjoy all the benefits.
How to avail of the subsidy?
The benefits are referred to as CFA - Central Financial Assistance in central terms. Customers who wish to get the benefits have to approach Power Distributing companies (DISCOMs) in their area, as this government scheme is to be implemented through the state (DISCOMs).
You can apply for the solar panel installation both online and offline, or you can contact the respective power distribution company (DISCOM) in your state.
If you're looking forward to installing a solar panel on your rooftop to generate solar power, you need to select the best company for yourself. The money you invest in setting up solar panels should be worth it.
One such company that offers high-quality, long-lasting, and excellent solar energy products are Waaree Energies Ltd. The company has India's largest Solar PV Module capacity at its plants in Gujarat. Waaree has over 350 units in India and has a presence in 68 countries internationally.
The engineers and professionals at Waaree are highly knowledgeable and have abundant experience in the field. They are top players in providing solutions to rooftop solar systems, solar water pumps, and other solar project development. Get in touch with Waaree Energies and start your sustainable journey.
અહીંથી વાંચો સરકાર દ્વારા થયેલો સોલાર સબસીડી વિશેનો સંપૂર્ણ લેટર
માન્ય એજન્સી લિસ્ટ PDF
read report in Gujarati 1
What are the Benefits of the Solar Panel Subsidy?
Using a solar subsidy provided by the Government of India has various benefits. Here are some of them:Setting up a solar system requires investing a lot of money. The solar subsidies provide financial aid in such situations and take the burden off your shoulders.
The amount issued by the government differs depending on the kW of energy the solar system will generate. For example, for up to 3kW, the solar panel subsidy is 40% of the total cost, while for 4kW to 10kW, it is 20%. You choose the subsidy as per your requirements.
Build your rooftop solar system by using the subsidy. You can get an additional incentive of Rs.1 per unit on the total solar power that you generate on the electricity bills annually.
However, these subsidies are only available for residential homes, not the commercial sector. You can avail it only for the Grid Connected Solar System, that is, a system without the use of batteries.
What are the Demerits of the Solar Panel Subsidy?
The solar panel government subsidy has a few demerits that you need to know before applying for it. The two major disadvantages of solar subsidies are listed below.Firstly, the warranty period issued through these subsidies is five years, and this warranty is less than the time offered by other private companies. In addition, you are required to change the inverter every 5-7 years, which further adds to your cost.
You cannot choose an installation company of your choice. If you install a solar system through this subsidy, you cannot select the top brands of your choice, and your options are limited.
Although you apply for the subsidy and use it for setting up your solar panel on your roof, it still requires the investment of money from your end as the Government of India does not sponsor the entire amount.
The subsidy is only limited to residential owners. The commercial and industrial sectors are not eligible for it as they can avail several other benefits like accelerated depreciation and excise duty exemptions.
How much is the subsidy?40% for capacity up to 3 kWp
20% for capacity for more than 3 kWp and up to 10 kWp
20% for GHS/RWA capacity up to 500 kWp. It is limited to 10 kWp per house and a total up to 500 kWp.
Solar Panel Subsidy Cost Estimation
You can issue solar panel subsidies from the central government and the state government. However, to avail of these subsidies, the total cost of installation without the solar subsidy should fall between Rs. 60,000 - 70,000. You can get generation-based incentives depending on the amount of power generated per year. You must generate at least 1100 kWh - 1500 kWh per year to avail of this.
The central government pays up to 30% of the expenses in most of the states. However, states like Uttarakhand, Himachal Pradesh, Sikkim, Lakshadweep islands, and Jammu and Kashmir can get up to 70% of subsidies from the government. There are special subsidies for farmers that provide subsidies up to 90% on water pumping systems.
To avail of these subsidies, a person should follow the protocols and contact the electricity provider. After the electricity provider visits for inspection and provides approval, you can apply for the solar panel subsidy and enjoy all the benefits.
How to avail of the subsidy?
The benefits are referred to as CFA - Central Financial Assistance in central terms. Customers who wish to get the benefits have to approach Power Distributing companies (DISCOMs) in their area, as this government scheme is to be implemented through the state (DISCOMs).
You can apply for the solar panel installation both online and offline, or you can contact the respective power distribution company (DISCOM) in your state.
If you're looking forward to installing a solar panel on your rooftop to generate solar power, you need to select the best company for yourself. The money you invest in setting up solar panels should be worth it.
One such company that offers high-quality, long-lasting, and excellent solar energy products are Waaree Energies Ltd. The company has India's largest Solar PV Module capacity at its plants in Gujarat. Waaree has over 350 units in India and has a presence in 68 countries internationally.
The engineers and professionals at Waaree are highly knowledgeable and have abundant experience in the field. They are top players in providing solutions to rooftop solar systems, solar water pumps, and other solar project development. Get in touch with Waaree Energies and start your sustainable journey.
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