# 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

 You may also like to read this article : How solenoid works? What is electric charge? What is mobility? Compare – Class A Chopper and Class B Chopper

### ## 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