Solar Panel Subsidy In Gujarat, 2021 - Geda Approved Vendors List

26th May 2021  

Gujarat stands at the second spot in the list of state-wise power generation capacity in India. It has the capacity to generate about 38,000 MW of electricity accounting for 10% of national capacity. As of 2020, the state satisfies approximately 35% of its energy requirement through renewable sources of energy.

With an aim to increase the share of renewable energy to 53% by 2022, the government has a solar power policy in place. As per the amendment of 2016, a subsidy is offered for residential rooftop solar panel installation.

Below is a comprehensive guide on solar panels to know about solar power calculators, the subsidy offered, and other common questions.

The costs and subsidy offered on Solar

In order to boost the large-scale installation of solar panels, the Gujarat Government offers a subsidy of Rs. 10,000/Kw. The maximum subsidy given under the residential rooftop solar project scheme will be Rs. 20,000. Moreover, this subsidy will be in addition to the 30% subsidy offered by the Central Government on the total cost of solar panels.

This table illustrates the capacity-wise cost and subsidy for installing solar panels in Gujarat.

Source

Going ahead, let’s know about the solar panel calculator for a home that you can rely on.

Calculating financial requirements of installing solar panel

The calculations pertaining to solar panels are often regarded to be more complex than conventional power connections. However, the Ministry of New and Renewable Energy has developed a solar panel calculator for homes. This simplifies your decision-making to a greater extent and provides you with all financial and technical details.

This solar power calculator gives you an estimate as per your Rooftop area/the capacity you want to install/your budget. One needs to select the residential category of Gujarat and enter the average electricity cost per kWh. The solar panel cost calculator opens a pop-up detailing the cost, electricity generation, financial savings, and the subsidy amount.

Eligibility and vendor list

The residential customers of any DISCOM in Gujarat are eligible to apply for a PV Solar system. The solar system installed under the scheme should have a minimum capacity of 1kW. The application has to be made through the vendors registered and approved by GEDA. There are, in total, 459 vendors available in Gujarat. Click here to know thecomplete details of the vendors.

Benefits of installing solar panel on rooftop

The residential rooftops solar projects scheme of Gujarat offers the following benefits:

• 1kW solar panel comes with a subsidy of Rs. 24,490
• The final cost is inclusive of installation, commission, testing charges
• Saves electricity cost by at least Rs. 1000 per month
• It offers a complete maintenance contract of 5 years
• Streamlined application process through vendors

This document covers the additional particulars of the solar project scheme.

Waaree Energies Ltd is the largest manufacturer of solar panels in India. Our product portfolio consists of PV solar panels, inverters, batteries, and water pumps. Reach out to us for any of your residential solar energy requirements and get the best guidance for installing a residential solar power system.