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 : 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  | 
 


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