Solar Panel Subsidy in Punjab: Everything You Need to Know

Switching to solar power in Punjab has never been more straightforward, thanks to the central government’s solar policy, which includes subsidies to make solar energy more affordable for residential consumers. Although the Punjab state government does not currently offer a state-level subsidy, households and residential welfare associations (RWAs) in Punjab can still benefit significantly from the Central Financial Assistance (CFA) provided through the PM Surya Ghar Muft Bijli Yojana. Here’s a comprehensive guide on eligibility, subsidy amounts, cost expectations, and the application process for securing a solar panel subsidy in Punjab.

Eligibility Criteria for Solar Panel Subsidy in Punjab

In Punjab, the solar panel subsidy, available through the PM Surya Ghar Muft Bijli Yojana, primarily targets residential properties, making solar energy accessible and encouraging households to go green. Below are the key eligibility requirements for availing of this subsidy in Punjab:

  1. Residential Properties Only: The subsidy is exclusively available for residential buildings and RWAs. Commercial and industrial properties are not eligible.
  2. Grid-Connected Solar Systems: Only grid-connected systems qualify for the subsidy, as they allow seamless energy integration with the local power grid. Off-grid installations are not eligible for subsidy benefits.
  3. Registered Vendors: Applicants must use a vendor registered with the Punjab Energy Development Agency (PEDA) and the local DISCOM to ensure the installation meets all technical and safety standards.
  4. Compliant Documentation: Proper documentation is essential, including proof of ownership or tenancy, installation agreements, and vendor invoices.
  5. Domestic Content Requirement: To qualify for the CFA, solar modules used in installations must be domestically manufactured and use domestic modules and cells. The use of any non-DCR modules will make the installation ineligible for CFA.

Meeting these criteria is crucial for applicants in Punjab who wish to benefit from the solar panel subsidy.

How Much Subsidy Can You Get on Solar Installation in Punjab?

Punjab homeowners can claim the CFA subsidy under the PM Surya Ghar Muft Bijli Yojana, managed by the Ministry of New and Renewable Energy (MNRE). Here’s how the subsidy is structured:

  • Central Financial Assistance (CFA): Subsidies are available based on system capacity.
    • Up to 2 kW: ₹30,000 per kW
    • 3 kW: Additional ₹18,000 over the 30,000/kW for the first 2 kW, totaling ₹78,000.
    • For RWAs/Group Housing Societies: ₹18,000 per kW for systems up to 500 kW, with a maximum subsidy of ₹90,00,000.

These incentives make solar energy systems more affordable, reducing the upfront cost and leading to quicker returns on investment for homeowners in Punjab.

Average Solar Installation Costs in Punjab After Subsidy

To understand the potential savings on a solar installation in Punjab, here’s an estimated breakdown of costs for different system sizes, before and after subsidy:

System CapacityPre-Subsidy CostCost After CFA
1 kW₹65,000₹35,000
3 kW₹1,95,000₹1,17,000
5 kW₹3,00,000₹2,22,000

Final costs can vary based on the specific solar components, brand, and installation complexity, but the subsidy effectively reduces the overall investment, making solar panels a smart and affordable choice for households in Punjab.

Learn more about the PM Solar Yojana.

How to Apply for Solar Panel Subsidy in Punjab

Applying for the solar panel subsidy in Punjab is a straightforward process through the National Portal for Rooftop Solar. Follow these steps to ensure a smooth application:

  1. Register on the National Portal: Create an account on the National Portal for Rooftop Solar to initiate the subsidy application.
  2. Submit Your Application and Choose a Vendor: Enter your property details and proposed solar installation size. Choose a vendor registered with PEDA for eligibility.
  3. Approval of Technical Feasibility Report (TFR): Your local DISCOM will review and approve the technical feasibility. Once approved, you can proceed with the installation.
  4. Installation and Documentation: After approval, the selected vendor installs the system. Upload essential documents, including a photo of the completed installation, to the National Portal.
  5. DISCOM Inspection: DISCOM officials will inspect the installation to verify compliance with MNRE standards. Upon a successful inspection, a net meter will be installed, allowing monitoring of energy imports and exports.
  6. System Commissioning: After net meter installation and inspection, the DISCOM issues a commissioning certificate confirming the system’s activation.
  7. Subsidy Disbursement Application: Finally, submit your bank details to apply for the subsidy. The subsidy amount is typically processed within 30 days and deposited directly into your bank account.

Benefits of Going Solar in Punjab

With around 300 sunny days annually, Punjab has ideal conditions for solar power generation. Not only do solar installations reduce electricity bills, but they also allow homeowners to earn credits through net metering, enhancing energy savings. By switching to solar energy, residents of Punjab can enjoy long-term financial and environmental benefits.

ZunRoof Can Help You

Navigating the subsidy application process for solar panels can be challenging without expert guidance. ZunRoof makes it easier for homeowners in Punjab to transition to solar with these benefits:

  • Assistance with Subsidy Applications: ZunRoof provides end-to-end support, helping you through the application process and ensuring all documentation is in order.
  • BIS-Compliant Solar Systems: ZunRoof only uses BIS-compliant solar modules, guaranteeing top performance and durability.
  • Complete Installation and Maintenance: From site assessment to installation, net metering setup, and ongoing maintenance, ZunRoof handles every step, simplifying the process for you.

With ZunRoof’s expertise, Punjab residents can seamlessly leverage the solar panel subsidy in Punjab, achieving substantial savings while supporting clean energy.

FAQs about Solar Panel Subsidy in Punjab

  1. Can I get a state-level subsidy on solar panels in Punjab?
    No, Punjab does not offer a state-level subsidy. However, homeowners can benefit from the central subsidy under the PM Surya Ghar Muft Bijli Yojana.
  2. Are commercial properties eligible for the solar panel subsidy in Punjab?
    No, the subsidy is currently only available for residential properties and RWAs. Commercial and industrial properties do not qualify.
  3. What is the average payback period for a solar installation in Punjab?
    Depending on system size and energy consumption, the payback period can range from 4 to 6 years, after which the savings on electricity bills continue to grow.
  4. Can I apply for a subsidy for an off-grid solar system in Punjab?
    No, the subsidy only applies to grid-connected solar systems, as they contribute directly to the local grid.

Switching to solar energy is a powerful way to reduce electricity bills, contribute to a greener Punjab, and support India’s renewable energy goals. With government subsidies and the expertise of reliable solar providers like ZunRoof, homeowners can maximize their savings and enjoy a sustainable energy future. For more insights on solar energy in Punjab, stay connected with our blog!