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%|
|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|
|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