Solar Panel Subsidy in Maharashtra, 2024

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The solar project subsidy in Maharashtra is managed by MEDA. Maharashtra’s installed solar energy capacity now accounts for more than 1800 MW and rooftop solar is near 230 MW. It has the fourth-highest installed rooftop solar power generation capacity across the country. The state is strengthening its policy of providing financial assistance for using solar energy in cottage and micro industries.

Required documentation is needed to submit to MEDA online by a developer on behalf of the eligible customer. Following the provisional approval, the completion report needs to be submitted. After that site visit and site inspection is done by the officials. After all these formalities, the subsidy amount is directly deposited to the customer’s account within 2-3 months of issuing the grant letter.

How & how much subsidy on solar can be availed?

Subsidy/Support is available from Central Government through MNRE.

The subsidy available on the installation of grid-connected solar rooftop power plants is 30% of the benchmark cost. Government institutions including PSUs shall not be eligible for the subsidy. Instead, they will be given achievement-linked incentives/awards. All residential and institutional buildings such as schools, health institutions, etc. and the social sector can avail CFA.

Benchmark cost of Grid Connected Solar System as per the Central Government of India, MNRE - Last Updated, January, 2022

System	Govt. Subsidy	Customer Price
Up to 3kW	40%
Above 3kW to Upto 10kW	20%
Above 10kW	0%
Cost of 3kW Solar System	Without Subsidy	1,80,000
Customer Payable Amount	With Subsidy (- Rs. 72,000)	1,08,000
Cost of 5kW Solar System	Without Subsidy	3,00,000
3kW	40% Subsidy (3*24,000)	-72,000
2kW	20% Subsidy (2*12,000)	-24,000
Customer Payable Amount	With Subsidy (-96,000)	2,04,000
5kW - Generation	Benefits	Units - Rs. 7.5/U
Daily Genration	25 Units	187
Monhtly Genration	625 Units	4687
Yearly Generation	7,500 Units	56, 250
Lifetime Generation	1,87,500 Units	14,06,250
Return on Investment		3.6 years
Income		6.89X
	Installation Area
1.	Mono Perc	500 sq.ft.
2.	Shark 440W - 540W	300 sq.ft.

How to Apply Net Meter in Maharashtra?

After installing net metering of grid connected solar system, you have to upload installation report such as system details, manufacturer of solar panel & inverter details, and some necessary photographs (earthing, lighting arrester, DCDB, ACDB, Wire thickness, etc.) to your electricity department.

Step 1: Submit Application for Solar Connection, there are two way to submit application – Online & Offline. Some states have developed an online platform to get solar connection, but in some states are still working on window work.

Step 2: Contact to the Power Distribution Company (DISCOM), if you are the resistance of Uttar Pradesh, you can find DISCOM details from here. There are 8 DISCOMS in Uttar Pradesh, such as:

List of DISCOMS in Maharashtra state:

Adani Electricity Mumbai Limited
Brihanmumbai Electric Supply & Transport (BEST)
BSES (Reliance Energy Ltd.)
Maharashtra State Electricity Distribution Co. Ltd
Tata Power Co. Ltd

What is the entire process?

To apply solar subsidy, you should follow the following steps:

Step 1: Site Survey. Book Engineer Visit from here.

Step 2: System Capacity, Costing & Performance Analysis

Step 3: Buy Solar System & Installation

Step 4: Apply for Net Metering

Step 5: Get Solar Subsidy after 30 days of rooftop solar panel installation

Read Also: 40% Subsidy on Rooftop Solar Installation in Mumbai, Maharashtra

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96 comments

Mandar Badave July 12, 2021 at 13:27pm

Hi,
We are 538 flat society. We are looking for estimation for total back up. Kindly email contact details.

Sandipkumar Baviskar July 12, 2021 at 06:30am

I Want To Install System up to 3 kv

Sandipkumar Baviskar July 12, 2021 at 06:28am

I Want To Install System up to 3 kv

KISHOR BALASAHEB JADHAV July 11, 2021 at 20:42pm

j want install solar system for home and pond

ANG Solar Enterprises July 09, 2021 at 01:41am

आम्ही मुंबई, पुणे आणि महाराष्ट्राच्या उर्वरित भागात सौर यंत्रणेची विक्री आणि सेवा प्रदान करतो.
संपर्कः 91-9421741663. 9324330144 (एडीई). अनुदान, कर्ज सुविधा, फिटिंग सर्व्हिस चे कामे करून मिडणार . -ANG Solar Enterprises

ANG Solar Enterprises July 09, 2021 at 01:20am

We provide, Solar system sale & services in Mumbai, Pune & Rest of Mahararshtra.
Contact @ 91-9324330144 (ADE). Subsidy, Loan facility, Installation.

Gorakhnath Sanjay fatangade July 08, 2021 at 14:40pm

please tell me who’s company contract solar farming in Maharashtra.

I Want To Know 3 kV Solar Plant Cost July 05, 2021 at 15:49pm

Please send cost of total project cost for 3 kV solar plant for domestic

Solexa Solar July 03, 2021 at 03:04am

If any want to install solar system, plz Conatct on 7709106767. We working in this feild since 4 yrs, we like to working with Government net metering systems,