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MYSUN, India’s premier Solar Technology company for home solar systems, is now guiding residential consumers through their entire solar subsidy journey while still offering its advanced solar systems and services including solar loans.
Homeowners/ Residential Consumers
having a DISCOM Meter
With MYSUN, you get all that one can ask for
Complete end-to-end
process management
High quality and
workmanship of MYSUN
Pergola style and
many more features
Easy solar loans including
Zero cost EMIs
5 yrs free as per
MNRE guidelines
Higher guarantees
than Industry
Solar System Capacity | Applicable Subsidy |
---|---|
Upto 3kW | ₹18,000 per kW |
Above 3kW and upto 10kW |
₹18,000 per kW upto 3kW |
10kW and above | ₹1,17,000 fixed amount irrespective of system size |
The Indian government has taken a major step forward in making rooftop solar accessible to homeowners and the residential societies. The Honorable Prime Minister of India, Mr Narendra Modi launched the National Portal for Rooftop Solar https://solarrooftop.gov.in/ on July 30, 2022, allowing residential consumers from any part of the country to benefit from solar subsidy cashback directly credited to their bank accounts in a transparent and efficient manner.
A 40% Solar Subsidy cashback is available upto a 3kWp solar system capacity and a 20% Solar Subsidy is available for system sizes between 3kWp and 10kWp. So if you install a 5kWp solar system on your home roof, you will get solar subsidy as below:
Upto 3kwp | -40% of the solar system cost (Subsidy of Rs 18,000/KW) |
Additional 2kwp | -20% of the solar system cost (Subsidy of Rs 9,000/KW) |
So, for the 5kWp solar system, you can get a maximum solar subsidy of Rs 72,000 only
This solar subsidy cashback is available across the country and can provide individual households with up to Rs 1,17,000/- directly into their designated bank accounts. Resident Welfare Associations/ Group Housing Societies (RWA/GHS) can also benefit by installing rooftop solar for their common facilities up to 500kWp @10kWp per house, with a subsidy amount of Rs 9000/kW. This means an RWA or GHS with at least 50 homes/apartments/flats can install a 500kW rooftop solar system and get a subsidy cashback of Rs 45,00,000 (subsidy cashback of Rs 45 lacs).
MYSUN, India's leading home solar solutions technology company and one of India's largest online rooftop solar platforms (www.itsmysun.com), is making the solar journey easy and reliable for homeowners, with a highly advanced Savings Calculator that can provide a free report on solar savings within five seconds. Homeowners can also take advantage of MYSUN's zero-cost EMI schemes or low-cost up to 60 months EMI plans, making solar financing for the residential sector more accessible.
MYSUN has designed its premium product range ARBOR Light, ARBOR, and CANOPAS to qualify for subsidy cashback, providing clients with access to the benefits of the premium solar pergola systems. Thousands of consumers are already benefiting from MYSUN's digital solar platform, making it an attractive option for homeowners looking to make the switch to solar.
Below is a table which specifies the maximum amount of solar subsidy cashback the homeowners are eligible to get when they go solar:
Solar System Capacity | Solar Subsidy Cashback Amount in Rs |
1kWp | INR 18,000/- |
2kWp | INR 36,000/- |
3kWp | INR 54,000/- |
4kWp | INR 63,000/- |
5kWp | INR 72,000/- |
6kWp | INR 81,000/- |
7kWp | INR 90,000/- |
8kWp | INR 99,000/- |
9kWp | INR 1,08,000/- |
10kWp | INR 1,17,000/- |
11kWp | INR 1,17,000/- |
As per the current national solar policy, to avail subsidy, one needs to use domestically manufactured solar panels (DCR Solar Panels). Currently, two type of solar panels are eligible for subsidy under national solar portal:
Poly Silicon Solar Panels | 335Wp or similar range |
Mono PERC Solar Panel with half-cut solar cells | 515Wp to 545Wp |
Some DCR Bifacial Mono Perc Solar Panels are also eligible for subsidy.
MYSUN has secured multiple such DCR Solar Panels to suit the requirements of all types of clients.The company provides high quality and made for MYSUN solar panels of all types be it 335Wp Poly Panels both DCR as well as non-DCR, or DCR 525-545Wp Mono PERC high efficiency half-cut cell based solar panels or 545Wp-550Wp non-DCR solar panels. MYSUN also provides DCR bifacial 540Wp solar panels.
Some states have announced additional solar subsidy over and above the subsidy announced under the National Portal for Rooftop Solar. For example, the state of Uttar Pradesh (UP) through UPNEDA has announced an additional upto a maximum of Rs 30,000 solar subsidy for residential solar systems.
In order to avail the subsidy, there is a procedure and guidelines issued by the MNRE (Ministry of New and Renewable Energy. It is also mandatory to get Net-Metering installed in order to avail this subsidy.
You can click here to know more or call us at +91 8448 380 218 to understand more about the subsidy applicable to your solar system. Our expert solar advisors will try to answer all your queries and guide you throughout your solar journey.
Some of the cities (not limited to) where you can avail solar subsidy via MYSUN includes: Delhi, Ghaziabad, Noida, Greater Noida, Gurgaon (Gurugram), Meerut, Sonipat, Panipat, Karnal, Kurukshetra, Bahadurgarh, Rohtak, Bijnor, Muzzafarnagar, Modinagar, Hapur, Khatauli and many more. Overall, MYSUN makes it easy, seamless and transparent for homeowners and residential societies to avail this Solar Subsidy in the whole of Delhi state, all the districts of Uttar Pradesh, all the districts of Haryana, some parts of Rajasthan. And MYSUN is continuously expanding to make its premium services available for clients across India. If you are in the DISCOM areas of BSES Rajdhani Private Limited (BRPL), BSES Yamuna Power Limited (BYPL), Tata Power Delhi Distribution Limited (TPDDL), Poorvanchal Vidyut Vitran Nigam Limited (PVVNL), Pashchimanchal Vidyut Vitran Nigam Limited, Madhyanchal Vidyut Vitran Nigam Limited (MVVNL), Dakshinanchal Vidyut Vitran Nigam Limited (DVVNL), Kanpur Electric Supply Company Limited (KESCL), Noida Power Company Limited (NPCL), Torrent Power Limited (TPL), Agra, Uttar Haryana Bijli Vitran Nigam Limited (UHBVNL), and Dakshin Haryana Bijli Vitran Nigam Limited (DHBVNL), and many more, then MYSUN is there to cater to your soalr systems and solar subsidy requirements.
As per MYSUN, this is a very positive step by the government. Now, homeowners can decide to go with quality solar companies without compromising on the quality and more importantly the service of their solar systems. This will also enable the solar industry to consolidate and develop a robust and elaborate sales and service infrastructure for rooftop solar
For more details connect with your solar advisor at:
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