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30/09/2021

Solar Roof Top Cost

Solar Rooftop Cost and Subsidy

The price of solar roof top per kW is given in the table. The Ministry of New and Renewal Energy gives subsidy  40% up to 3 kW and 20% from 3 kW to 10 kW. This all calculation is given only for residential consumer only. Here the size of solar plant with its cost with subsidy and without subsidy is given in the table.

 

Size of solar plant

MNRE Current benchmark Cost

Cost of Plant with out subsidy

Cost of Plant with subsidy

( 40%)

1 kW

Rs.47000 / kw

Rs.47000

Rs. 28200

2 kW

Rs.43000 / kw

Rs. 86000

Rs. 51600

3 kW

Rs.42000 / kw

Rs. 1,26,000

Rs. 75,000

4 kW

Rs.41000 / kw

Rs. 1,64,000

Rs. 1,06,600

5 kW

Rs.41000 / kw

Rs. 2,05,000

Rs. 1,39,400

 

 

cost-of-solar-plant.png

  

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Solar Rooftop: Financial Saving

Number of units generated per year due to solar panel as well as financial saving due to solar panel considering flat tariff @ Rs. 8 is given for one year as well as 25 year span.

Size of solar plant

Electricity generated

( units )

Financial Savings Tariff @ Rs. 8 / kWh

 

Annually

25 year

Monthly

Yearly

Life time    

( 25 Years )

1 kW

1500

37500

Rs.1000

Rs. 12,000

Rs. 3,00,000

2 kW

3000

75,000

Rs.2000

Rs.24,000

Rs. 6,00,000

3 kW

4500

112500

Rs.3000

Rs.36,000

Rs. 9,00,000

4 kW

6000

150000

Rs.4000

Rs.48,000

Rs. 12,00,000

5 kW

7500

187500

Rs.5000

Rs.60,000

Rs. 15,00,000

 


solar-panel-unit-generated.png


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