Solar Panel Subsidy in Punjab, 2022

In a solar rooftop system, the solar panels are installed in the roof of any residential, institutional, social, Government, commercial, industrial buildings etc. This can be of two types (i) Solar Rooftop System with storage facility using battery, and (ii) Grid Connected Solar Rooftop System.

All consumers of electricity having electricity sanctioned load more than 1.25 Kw who intend to generate their own electricity and contribute towards environmental protection can install Solar PV plants on Roof-Tops/ Open area of Individual households, Industries, commercial establishments, institutions, residential complexes, Schools, Colleges, Hospitals, sheds, cold stores, govt. and semi-govt. buildings, etc. 

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.

Amount of Subsidy available?

Central Financial Assistance (CFA)/ Subsidy for Grid Connected Rooftop Solar Plants under Net Metering will be provided by Punjab State Power Corporation Limited (PSPCL) from capacity 1 to 10 Kw as per MNRE, GOI new notification dated 08.03.2019. CFA will be provided subject to availability of funds from MNRE,GOI.MNRE, GOI provides maximum 40% subsidy on installation of Rooftop solar power plants in domestic sector institutions as detailed below.

For other sectors e.g. social/institutional/govt. /commercial/industrial etc. no CFA (subsidy) will be provided

  • The residential sector users may install RTS plant of even higher capacity as provisioned by respective State Electricity Regulations; however, the CFA will be limited up to 10 KWp capacity of RTS plant.
  • 20%CFA for GHS/RWA capacity upto 500 KW (limited to 10 KW per house and total upto 500 KWp)

Who are eligible vendors for subsidized projects?

Only the vendors which are empanelled by PSPCL are eligible to install projects in subsidized projects. However for non-subsidized projects empanelment is not required.

What is the minimum warrantee period envisaged under the scheme?

Solar PV modules used in solar power plants /systems must be warranted for their output peak watt capacity, which should not be less than 90% at the end of 10years and 80% at the end of 25years.

solar subsidy news

The mechanical structures, electrical works including power conditioners/inverters/charge controllers/maximum power point tracker units/distribution boards/digital meters/switch gear/storage batteries, etc. and over all workmanship of the SPV power plants/ systems must be warranted against any manufacturing/ design/ installation defects for a minimum period of 5 years.

Payment of solar projects

The eligible consumer interested in installing solar project in his premises will make payment to empanelled vendor after deducting subsidy (CFA) amount from the total invoice amount. The consumers are advised not to pay 100% advance payment to the companies for installation of roof top solar power plant and fix terms and conditions of the payment and sign an agreement in this regard. The receipt of the payment must be taken.

Responsibility of solar system

The consumers shall be fully responsible for purchase and installation of their systems and PSPCL shall not be held responsible for any kind of deficiency / laps in the goods and services.

Who Can Install?

All consumers of electricity having electricity sanctioned load more than 1.25 Kw who intend to generate their own electricity and contribute towards environmental protection can install Solar PV plants on Roof-Tops/ Open area of Individual households, Industries, commercial establishments, institutions, residential complexes, Schools, Colleges, Hospitals, sheds, cold stores, govt. and semi-govt. buildings, etc.

What is Net Metering?

Net metering is the process through which you attain a “dual-benefit “by installing a solar power plant on the roof, open space of the building to generate electricity. Generated power is first used in the building as per the requirement and the surplus power is fed to the grid of utility (PSPCL).

Know Your Capacity Range

Under Net Metering Policy, Solar PV Power Plants of capacity ranging from 1KW to 1MW can be installed. The maximum capacity of solar power plant to be installed in a building would be 80% of the sanctioned electricity load of that building. Capacity of required plant shall be calculated as under :

  • Total annual electricity consumption of house/building = ……KWh = (A)
  • Per day electricity consumption = A/365 = (B)
  • Actual Plant capacity = B/4 = …...KW

Do You Want To Install?

Under Net Metering Policy, All eligible consumers of electricity in the area of the supply of distribution licensee can participate in the solar rooftop net metering arrangement subject to target capacity.

  • The system must be installed in consumer’s premises.
  • The maximum capacity of rooftop solar system shall not exceed 80% of the sanctioned load (kW) or contract demand of the consumer (in kVA converted to kW by using a power factor of 0.9).
  • Provided that the installed capacity shall not be less than 1 kWp and shall not exceed 1MWp (AC side) for a single eligible consumer

Download an original document from here.

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 

Source: PSPCL

108 comments

Nirmal singh

Nirmal singh

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Amanpreet Singh

Amanpreet Singh

Business

ਗੁਰਤੇਜ ਸਿੰਘ

ਗੁਰਤੇਜ ਸਿੰਘ

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A S Sidhu

A S Sidhu

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Devinder pal Singh

Devinder pal Singh

Hi
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Jagdeep Singh

Jagdeep Singh

I want rooftop ongrid solar panel system installed on my house. My mobile number is 7837853210. Please contact..

Ritesh

Ritesh

I have tried to contact vendors in Punjab. Most of them are saying subsidized solar panels are not available. and some are saying if you will install subsidized solar panels they will be of cheap quality. Why are you running the scheme ??

Lakhdeep singh

Lakhdeep singh

I want to install 4 kw solar system on my roof top
Plz contact me if anyone can
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GELBERT GIBSON

GELBERT GIBSON

9815583336,9988479009,8872772713. I would like to install solar system at my house please contact me or give me your contact no/ office address thanks

Jagpreet Singh

Jagpreet Singh

I want to install 4 kw solar panels at rooftop and for 5hp electric motor in the field. Please guide me and tell me about total cost.

Rajan Sharma

Rajan Sharma

Loom Solar does not provide any govt. subsidy at all. They have just mentioned in here to help you understand what subsidy is.

Mukhtiar chand

Mukhtiar chand

I wish to install 3KW solar system at my house rooftop. Please intimate and guide correct procedure and course of action. Thanks

Dinesh Loria

Dinesh Loria

I want 3kw ongrid plant for my House.. Pls cont. Me at 9988531373

Mandeep Chopra

Mandeep Chopra

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Anmol Garg

Anmol Garg

Call me, i need 3+3 kw plant in dist. Sangrur
My contact is 78885-18088

kuldeep singh

kuldeep singh

how much cost for 5 kw at residence in patiala

Harpinder

Harpinder

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Thanks 9988608086

Dinesh singj

Dinesh singj

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Gautam Sharma

Gautam Sharma

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Gulshan kumar

Gulshan kumar

I’m interested in install solar on grid plant 3kw then what can I do my number 9876782736

SUKHDEV SINGH

SUKHDEV SINGH

I want to install 6 kw what is the process and how much subsidy

Dilbag Singh

Dilbag Singh

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Dilbag Singh

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Dilbag Singh

Dilbag Singh

8427120901

Neeraj

Neeraj

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Kamaljit singh

Kamaljit singh

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Ram Gupta

Ram Gupta

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Suneet

Suneet

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V.P.Bishnoi

V.P.Bishnoi

I want rooftop ongrid solar panel system installed at my farm house. My mobile number is9416053643.Please contact..

Bhajan singh

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Er.Nirpinder Singh Bajwa

Er.Nirpinder Singh Bajwa

I am interested in installing a rooftop solar of 5kw.please contact.9646100101.
Thanks.

Baljit Singh

Baljit Singh

I am interested in 5KW on grid solar (Punjab Govt. subsidies) panel installed in my home, my contact no. 8847439812 near moga

RANDHIR SINGH

RANDHIR SINGH

I am interested in a my home patiala solar plant for 2kw
9402747630

RANDHIR SINGH

RANDHIR SINGH

I am interested in a my home patiala solar plant for 2kw
9402747630

Randhir Singh

Randhir Singh

2kw

amandeep singh

amandeep singh

what is options for payments (EMI, One time, Loan etc ), for 2KW plant how much cost ( complete with all respect ) PV + Inverter + Mounting frame+ cabling+ installation cost + civil works+ transportation etc.

Amandeep Singh
9876566324

Mashinderpal

Mashinderpal

I want to install 3Kw solar system in my home, pl let me know the procedure to install pl thanks

Kuldeep Singh Bisht

Kuldeep Singh Bisht

I am interested in 3KW on grid solar (Punjab Govt. subsidies) panel installed in my home, my contact no. 9988851427

Lakhwinder Singh

Lakhwinder Singh

I am interested in solar system plant 8 kw so please contact me this number 8288064128

Shaminder Singh

Shaminder Singh

I am interested 5kw

Ramesh Sharda

Ramesh Sharda

I want to install 5kw solar for home my no 9815975832

Amandeep Singh

Amandeep Singh

10kw for agricultural motr

SURESH KUMAR

SURESH KUMAR

I WANT 10 KW SOLAR PUMP MY CONTACT NO 8053541500

Jagir Singh Johal

Jagir Singh Johal

I am interested to install 5kw solar pump for agriculture my contact no is 9814920301

Jagir Singh Johal

Jagir Singh Johal

I am interested to install 5kw solar pump for agriculture purposes my mobile phone number is 9814920301

Gurprit Saini

Gurprit Saini

I want to install 3 kw solar system for my home

SONU KHANNA

SONU KHANNA

I am interested in 2kW(9814233023)

iqbal singh

iqbal singh

i m intersted 3kw call me 8054014143

Raman Kumar

Raman Kumar

I am interested in 3kW(9056292165)

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