Yes, there are incentives offered by the govt of India for residential consumers.
Grid Connected Rooftop Solar Programme
Under the Grid Connected Rooftop Solar Programme, residential consumers can benefit from Central Financial Assistance (CFA) to reduce the cost of installation. The programme provides a subsidy of up to 40% for rooftop solar systems up to 3 kW capacity and 20% for systems beyond 3 kW and up to 10 kW. To avail of these benefits, consumers can apply through the National Portal for Rooftop Solar or their respective State DISCOM portals.
For more detailed information and to apply, you can visit the official website of the Ministry of New and Renewable Energy (MNRE).
Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan
(PM-KUSUM)
The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) scheme supports individual farmers in solarizing their grid-connected agricultural pumps. This scheme allows farmers to install solar PV capacity up to twice the pump capacity in kW, enabling them to use the generated solar power for irrigation and sell any excess power to DISCOMs. The scheme provides Central Financial Assistance (CFA) of 30% of the benchmark cost or the tender cost, whichever is lower, for the solar PV component.
For more detailed information and to apply, you can visit the official website of the Ministry of New and Renewable Energy (MNRE)
PM Surya Ghar Muft Bijli Yojana
PM Surya Ghar Muft Bijli Yojana empowers Indian households to adopt rooftop solar, providing subsidies of up to 60% for systems up to 2 kW and 40% for 2-3 kW systems, with benefits capped at 3 kW. The PM Surya Ghar Yojana offers free rooftop solar installations to eligible Indian households. It aims to significantly cut household electricity expenses by up to ₹15,000 annually for those consuming up to 300 units per month, with additional income from surplus power. The streamlined registration and application process is accessible through pmsuryaghar.gov.in. With a budget of ₹75,021 crore until 2026-27, the scheme is a major step towards India's sustainable energy goals.
For more details and to apply, visit the official website.