Solar Subsidy & Policy

All About Solar Panel System Price and Subsidy in Punjab

The sun is more than just a source of light and warmth—it’s an abundant and renewable energy powerhouse. With advancements in photovoltaic (PV) technology, sunlight is now efficiently converted into electricity, making solar energy a cost-effective and eco-friendly alternative to conventional power sources.

Synergy Solar Solutions29 May 20243 min read

Punjab, a state that receives ample sunlight throughout the year, is embracing solar energy through various government subsidy programs. This initiative makes rooftop solar panel installations more affordable for residential and commercial users, significantly reducing electricity costs while promoting sustainability.

Why Go Solar in Punjab?

  • Reduced Electricity Bills: Solar energy lowers your dependence on the grid, cutting down electricity costs by up to 90%.
  • Government Subsidy Support: Central and state subsidies significantly reduce installation expenses.
  • Eco-Friendly Solution: Reduces carbon footprint and supports green energy initiatives.
  • Long-Term Investment: Solar panels have a lifespan of 25 years, ensuring long-term energy savings.
  • Net Metering Benefits: Surplus electricity is fed back into the grid, generating additional savings.

Government Subsidies for Solar Panels in Punjab

The government offers attractive incentives to make solar system in Punjab installations affordable:

Subsidy Rates for Residential Consumers

Rooftop Solar System CapacitySubsidy Amount
Up to 3 kW₹18,000 per kW
Above 3 kW up to 10 kW₹9,000 per kW
Above 10 kW₹1,17,000 (fixed)
Housing Societies (RWA/GHS)₹9,000 per kW for common facilities up to 500 kWp

Who Can Apply?

  • Individual homeowners
  • Resident Welfare Associations (RWA) & Group Housing Societies (GHS)
  • Public sector undertakings (PSUs) and commercial entities are not eligible for subsidies.

Solar Panel Prices in Punjab (Pre- & Post-Subsidy)

The cost of a solar system varies based on capacity, quality, and installation type. Here’s an estimated price breakdown before and after applying subsidies:

Estimated Solar System Costs

System SizePrice Range (Pre-Subsidy)SubsidyPrice After Subsidy
1 kW₹75,000 – ₹85,000₹18,000₹57,000 – ₹67,000
2 kW₹1,50,000 – ₹1,70,000₹36,000₹1,14,000 – ₹1,34,000
3 kW₹1,89,000 – ₹2,15,000₹54,000₹1,35,000 – ₹1,61,000
5 kW₹3,15,000 – ₹3,57,000₹72,000₹2,43,000 – ₹2,85,000
10 kW₹5,31,000 – ₹6,07,000₹1,17,000₹4,14,000 – ₹4,90,000

For a precise quote tailored to your home’s energy needs, consult a trusted solar installation company in Punjab.

Step-by-Step Guide to Applying for Solar Subsidy in Punjab

Applying for a solar panel subsidy is now easier with the National Portal for Rooftop Solar. Here’s how you can apply:

Application Process

  • Register Online: Visit National Portal for Rooftop Solar and sign up.
  • Submit Documents: Upload property ownership proof, electricity bill, and ID verification.
  • Technical Approval: Your local DISCOM will evaluate the feasibility of your installation.
  • Select an Empanelled Vendor: Choose a government-approved solar vendor for installation.
  • Net Metering Installation: Apply for a net meter to monitor electricity generation and consumption.
  • Inspection & Approval: DISCOM will inspect your system and issue a commissioning certificate.
  • Subsidy Disbursement: The approved subsidy amount will be credited to your bank account within 30 days.

Benefits of Installing Solar Panels in Punjab

Best solar panel installation company in Punjab will offer:

  • Up to 90% reduction in electricity bills
  • Government-backed subsidy support
  • Eco-friendly and renewable energy source
  • Hassle-free subsidy application process
  • Increased property value

Common Questions About Solar Subsidies in Punjab

1. How long does it take to receive the subsidy?

After installation and approval, the subsidy is typically credited within 30 days.

2. Are solar subsidies available for businesses?

No, Punjab’s solar subsidies are exclusively for residential consumers and housing societies.

3. How much can I save with solar panels?

On average, a 5 kW solar system can reduce electricity expenses by ₹6,000 - ₹10,000 per month.

4. Do I need to buy solar panels from a specific vendor?

Yes, subsidies apply only if you purchase MNRE-approved solar panels and inverters through an empanelled vendor.

5. Can I apply for net metering separately?

Yes, Punjab Energy Development Agency (PEDA) allows separate applications for net metering at

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FAQ

Frequently asked questions

Can't find your answer? Call +91 87780 67778 or send us your question.

What size solar system does my home need?

Divide your average monthly units by about 120 to get a rough kW size (1 kW makes around 4 units a day in most of India). A home using 300–400 units a month usually needs 3 kW. We confirm the size after a free site survey.

How much subsidy can I get for a home system?

Under PM Surya Ghar: Muft Bijli Yojana, homes get a central subsidy of ₹30,000 per kW for the first 2 kW and ₹18,000 for the third kW, up to ₹78,000 for systems of 3 kW and above. Some states add their own top-up. We register your application on the national portal and handle the DISCOM paperwork.

How much roof space is needed?

Plan roughly 80–100 sq ft of shade-free roof per kW. A 3 kW system needs about 250–300 sq ft.

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