There are no subsidies available for commercial entities. For residential rooftop solar projects, subsidies are released by state governments intermittently. Whenever subsidy is applicable, SolarSquare Energy provides it upfront to the customer in the project cost itself. At present, the Madhya Pradesh government has released a lucrative solar subsidy for the residential sector. The various slabs of subsidy are -
Segment |
Solar Project size |
Subsidy |
Individual house |
1-2 kW |
₹30,000/- to ₹60,000/- |
Individual house |
2-3 kW |
₹60,000/- to ₹ 78,000/- |
Individual house |
Above 3kW |
₹78,000/- |
Group Housing Societies/Residential Welfare Associations |
|
Rs 18,000/kw |