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Home Solar Subsidy Guide

This document calculates the costs and returns for installing a 1 kW solar rooftop system for a home in India. It estimates that with available subsidies of 44% of the total project cost, the net investment would be Rs. 38,300. The system would generate 1825 units per year, saving Rs. 12775 annually with a payback period of 36.48 months and annual return on investment of 33.36%.

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205 views1 page

Home Solar Subsidy Guide

This document calculates the costs and returns for installing a 1 kW solar rooftop system for a home in India. It estimates that with available subsidies of 44% of the total project cost, the net investment would be Rs. 38,300. The system would generate 1825 units per year, saving Rs. 12775 annually with a payback period of 36.48 months and annual return on investment of 33.36%.

Uploaded by

Iren
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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SOLAR ROOFTOP CALCULATION-DOMESTIC(FOR HOME)

(1) PLEASE ENTER YOUR INPUTS IN YELOW CELL TO REACH YOUR CALCULATION,YOU CAN PUT
MAX Rs.20,000/- SUBSIDY BY GEDA-(2) FOR 1 KW PUT Rs..10,000/- IN GEDA SUBSIDY
PREPARED BY :REAL MULTIPLE SOLUTIONS
Senction PGVCL Load in Electricity Bill ( KW ) 2
Solar permissible Load (50% of senctioned load) -(KW) 1
Project cost Rs. 69000/KW(Rs)=A
69000
Project cost paid by customer immediately after registration
MNRE Subsidy -30% of Project Cost (Rs)=A 20700
GEDA Subsidy Rs. 10000/KW (Rs)=B
10000
(Max up to 2 Kw Load)=RS.20,000/- MAX
Total Subsidy Available (Rs) 30700
TOTAL SUBSIDY IN PERCENTAGE( %) 44.49
Net Investment Rs.= (C)=A-B 38300

RETURN ON INVESTMENT(ROI)
Unit Generation by solar rooftop system per Day/KW (units) 5
Total Unit Generete /Day by solar rooftop system (units) 5
Total Unit Generated in a month by solar rooftop system (units) 150
Total Unit Generated in a year by solar rooftop system (units) 1825

Approx Rate of Unit in (Rs) 7


Monthly Amount Saved in (Rs) 1050
Yearly Amount Saved (Rs) 12775

Monthly Return on UR Net Invesment (%) 2.74

Yearly Return on UR Net Invesment (%) 33.36

Payback Time on Net Investment (Months) 36.48

NOTE : PRICING FIXED BY GOVERNMENT OF INDIA -MINISTRY OF NEW AND RENEWABLE ENERGY
UNDER PRICING VARIATION IS NOT POSSIBLE
PROJECT EXCLUSIONS:
(1) DD OF Rs..1150 (REGISTRATION FEE-1000+15%TAX )IN FAVOUR OF "GUJARAT ENERGY
DEVELOPMENT AGENCY"-PAYABLE AT AHMEDABAD/GANDHINAGAR
(2) INFRATRUCTURE AND FEBRICATION COST AS ACTUAL
(3) ALL TAXES AS APPLICABLE ARE EXTRA
(4) For Biedirectional New PGVCL meter applied charges as actual

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