Why Invest in Solar Panels in Goa?
Goa’s abundant sunshine makes it an ideal location for solar energy adoption. Installing solar panels not only reduces electricity costs but also ensures a reliable power supply, especially during outages. To encourage solar adoption, the Goa Energy Development Agency (GEDA), in collaboration with the Department of New and Renewable Energy, offers attractive subsidy schemes for residential and commercial solar installations. These subsidies significantly lower installation costs, making solar energy more affordable for homeowners
Components of a Rooftop Solar System
1. Solar Panels
The heart of any solar system is its photovoltaic (PV) panels, which convert sunlight into electricity. Options include monocrystalline, polycrystalline, and bifacial solar panels, each offering different efficiency levels. Bifacial solar panels are increasingly popular for their ability to generate electricity from both sides.
2. Solar Inverter
Since solar panels produce direct current (DC) electricity, an inverter is essential to convert it into alternating current (AC) for household use. On-grid inverters (3kW to 10kW) allow seamless integration with the main electricity grid.
3. Solar Battery (Optional)
Batteries store excess solar energy for use during nighttime or cloudy days. This feature is ideal for areas with frequent power disruptions.
4. Mounting Structure
Solar panels must be securely mounted on rooftops or ground installations at the optimal angle for maximum sunlight exposure.
5. Net Meter
A net meter tracks surplus energy sent back to the grid, allowing homeowners to earn credits or even income from their solar investment.
Types of Rooftop Solar Systems
1. On-Grid Solar System
- Best for reducing electricity bills (up to 80% savings).
- Grid-tied system allows surplus energy to be exported to DISCOM for financial credits.
2. Off-Grid Solar System
- Ideal for remote areas with frequent power cuts.
- Uses batteries to store extra energy for uninterrupted supply.
3. Hybrid Solar System
- Combines on-grid and off-grid features.
- Generates electricity while storing excess energy for backup use.
According to solar industry experts, hybrid solar systems provide the best balance between cost savings and reliability.
Solar Subsidy Schemes in Goa
The Government of India and the State of Goa jointly provide financial assistance to make solar installation more affordable. Here’s a breakdown:
1. Central Government Subsidy (Direct Bank Transfer – DBT)
- 40% subsidy for 1kW to 3kW systems.
- 20% subsidy for 4kW to 10kW systems.
- The subsidy amount is transferred directly to the customer’s bank account within 30 days of system commissioning.
2. State Government Subsidy (Goa-Specific Incentives)
- Goa provides an additional 10% subsidy for systems up to 3kW.
- For 4kW to 10kW installations, the state covers an extra 30% subsidy.
Solar Subsidy Pricing Table
System Capacity | Central Subsidy (INR) | State Subsidy (INR) | Total Subsidy (INR) |
2 kW | 29,176 | 10% | Final Price Reduced |
3 kW | 43,764 | 10% | Final Price Reduced |
4 kW | 51,058 | 30% | Final Price Reduced |
5 kW | 58,352 | 30% | Final Price Reduced |
6 kW | 65,646 | 30% | Final Price Reduced |
10 kW | 94,822 | 30% | Final Price Reduced |
How to Apply for the Solar Subsidy in Goa?
Follow these steps to apply for solar subsidies and net metering in Goa:
Step 1: Register on the Goa Solar Rooftop Portal
- Visit the official Goa Solar Rooftop Portal.
- Select ‘Subsidy-Based RTS Installation’ for residential applications.
Step 2: Fill Out Consumer Interest Form
- Provide details: Name, Email, Mobile, Consumer Category, and Pincode.
- Complete the captcha verification and submit the form.
Step 3: Select Your Solar Installer
- Choose three empanelled vendors for installation.
- Review quotes and installation proposals.
Step 4: Install the Solar System
- Once approved, proceed with the purchase and installation.
- Ensure installation meets Goa Energy Development Agency (GEDA) standards.
Step 5: Apply for Net Metering
- Register on the Electricity Department portal.
- Net meter installation allows excess energy export to the grid for monetary credits.
Step 6: Receive Your Subsidy
- The subsidy amount is transferred to your bank account within 30 days post-installation.
Why Choose Solar Energy in Goa?
- Cost Savings: Lower electricity bills with government subsidies.
- Sustainability: Reduce carbon footprint with clean energy.
- Reliable Power: Ensures energy security even during outages.
- Government Support: Financial incentives make solar energy accessible.