Solar Subsidy Calculation
Central Financial Assistance (CFA)/ Central Government Subsidy for rooftop solar plant installed by a residential consumer under simplified procedure
Plant Capacity |
Applicable Subsidy |
---|---|
Up to 3 kW | Rs. 14588/- per kW |
Above 3 kW and up to 10 kW | Rs. 14588/- per kW for first 3 kW and thereafter Rs. 7294/- per kW |
Above 10 kW | Rs. 94822/- fixed |
Note: The CFA/subsidy will be available only for applications registered till 31.12.2022 in the National Portal and will be released after clearance by inspecting authority (DISCOM) on successful commissioning and installation of metering system as per specified procedure. The CFA/subsidy will not be applicable with retrospective effect.
Calculation of CFA/subsidy: The CFA/subsidy would be calculated on the basis of total solar module capacity/solar inverter capacity/capacity approved by DISCOM, whichever is lower.
Illustration for calculation of central Government subsidy
Rooftop Solar System Capacity
(lowest of total solar module capacity
or solar inverter capacity/ capacity
approved by DISCOM)
|
Applicable Subsidy |
---|---|
2.5 kW | Rs. 14588/- X 2.5 = Rs. 36,470/- |
3 kW | Rs. 14588/- X 3 = Rs. 43,764/- |
4 kW | Rs. 14588/- X 3 + Rs. 7294/- X 1 = Rs. 51,058/- |
6.5 kW | Rs. 14588/- X 3 + Rs. 7294/- X 3.5 = Rs. 69,293/- |
10 kW | Rs. 94822/- |
15 kW | Rs. 94822/- |
Source: Ministry of New and Renewable Energy Rooftop Solar Division