If you are planning to take benefit of PM Surya Ghar Yojana, you should be aware of the Solar Rooftop Cost. The price of Rooftop Solar System (RTS) to be installed under the Surya Ghar Muft Bijli Yojana is a matter of concern for most of the beneficiaries. So, it becomes important that we discuss this in greater depth so that all the interested people get the idea of the actual price of the Rooftop Solar they are about to install.
Understanding Solar Rooftop System Pricing under Surya Ghar Yojana
As you are aware the main motive of our Government to launch this scheme is to get the Solar Rooftop Systems installed. Initially the government has set the aim to Install 1 Crore Rooftop Solar Systems under the PM Surya Ghar Muft Bijli Yojana.
Under this scheme, the central government is providing Subsidy on the price of Solar System. Some states are providing additional subsidy to the beneficiaries on state level. The remaining amount can also be paid in Instalment as many banks are offering Loan under this scheme.
Do Read : Subsidy Offer for Solar Rooftops under PM Surya Ghar Yojana
In this article, our Main motive is to find out the cost involved in the Installation of Solar Rooftop system, so let’s get to that.
PM Surya Ghar Yojana Solar Rooftop Cost
The price of Rooftop Solar panel depends on the Capacity of the plant. Most commonly used Solar Rooftop plants are 1kW, 2kW and 3kW.
You must decide the capacity of the Solar plant before applying. Once you are sure about the Capacity requirements, you can then find out the expenditure involved.
Actual Solar Rooftop System Price (Before Subsidy)
The table below explains the Capacity Wise cost of Solar Power Plant :
| Rooftop Solar Capacity | Estimated Project Cost (₹) |
| 1 kW | 50,000 |
| 2 kW | 100,000 |
| 3 kW | 145,000 |
The above tables simply tells you the actual expected price of the Solar Rooftop System. This price doesn’t include the Subsidy.
As mentioned earlier in the article, the Central government is providing Subsidy to all the beneficiaries of the scheme. Some states are providing additional subsidy.
The scheme offers a generous subsidy of 60% of the total cost for solar systems with a capacity of up to 2 kW. For systems between 2 kW and 3 kW, an impressive 40% of the additional cost is covered. Keep in mind that the subsidy is limited to systems with a capacity of up to 3 kW.
PM Surya Ghar Yojana Rooftop Solar System Cost (After Subsidy)
Here is the actual price after subsidy :
| Rooftop Solar Capacity | Estimated Project Cost (₹) | Subsidy | Estimated Final Cost to Beneficiary (₹) |
| 1 kW | 50,000 | 6% i.e. 30,000 | 20,000 |
| 2 kW | 100,000 | 6% i.e. 60,000 | 40,000 |
| 3 kW | 145,000 | 78,000 | 67,000 |
The above table tells you expected final price while taking into consideration the Subsidy offered by the central government. Some states like Uttar Pradesh are offering additional subsidy to the Final cost of the Solar System may be less than the price mentioned above.
Surya Ghar Muft Bijli Yojana Rooftop Solar Cost : FAQs
How to Calculate the cost of the Solar Rooftop installation under the PM Surya Ghar Muft Bijli Yojana?
The final cost to the end user = Actual Cost of Solar Rooftop – Subsidy.
Using this formula, you can calculate the final payable amount under the Solar Rooftop Scheme.
How to find the payable amount for solar rooftop more than 3Kw capacity?
The Maximum subsidy is capped at Rs. 78,000 which is the subsidy amount offered for 3Kw plant. If you opt to install a higher capacity rooftop solar system for example 5Kw or 7Kw or 9Kw etc., the final price can be calculated by subtracting 78,000 from the actual price of the system.
How to find and contact the authorized Vendor?
It is extremely important to only contact the authorized vendor (seller) for rooftop solar system installation. You can check the Authorized Vendor list and contact them via email or phone number.