Solar Subsidy
Rooftop Capital Incentive Scheme
Solar Rooftop Capital Incentive Scheme is a capital subsidy scheme by the Tamil Nadu Government. In this scheme, a capital subsidy of ₹ 20,000 per kilowatt is provided for grid-connected domestic solar PV systems in addition to the 30% subsidy scheme* of the Ministry of New and Renewable Energy (MNRE) of the Government of India. For individual homes/flats, the solar system capacity shall be 1 kW. For the residential flats solar system capacities of 5 kW, 10 kW, and multiples thereof can be applied for common usage as a group application.
(* limited to 30% of MNRE benchmark cost or 30% of the project cost, whichever is less)
BENIFITS
Ø A capital subsidy of ₹ 20,000 per kilowatt for grid-connected domestic solar PV systems in addition to the 30% subsidy scheme* of the Ministry of New and Renewable Energy (MNRE) of the Government of India. For individual homes/flats, the solar system capacity shall be 1 kW. For the residential flats solar system capacities of 5 kW, 10 kW, and multiples thereof can be applied for common usage as a group application. (* limited to 30% of MNRE benchmark cost or 30% of the project cost, whichever is less)
Ø You may opt for any capacity out of 1, 2, 5 & 10 kWp, but the subsidy will be limited to 1kWp per house / flat.
Ø A grid-connected photovoltaic power system will reduce the power bill due to the import and export of power through net metering provision. Illustration: someone imports (consumes) 1,000 kWh from the grid and exports 600 kWh to the grid in a billing cycle. The energy bill will be for 400 kWh (1000 kWh – 600 kWh) accounted by Netmeter.
Ø Grid-connected PV systems do not require batteries. Batteries are costly require periodic maintenance and also lead to the wastage of 15 – 20 % of energy in storage and retrieval.
Ø Grid-connected PV systems are much easier to operate and maintain.
Ø Segregation of load is not required.
Eligibility for Consumer
The scheme is open to applicants from individual homes/flats and residential flats, having an electricity connection.
v Duly filled out online application form.
v Proof of possession of premises such as ownership document or lease agreement.
v Proof of Identity (Aadhaar Card, Voter ID Card, or Passport)
v Proof of address such as electricity bill, telephone bill, or ration card.
v Site plan and building layout plan indicating the location of the solar rooftop system.
v Structural stability certificate from a structural engineer.
v NOC from the electricity distribution company.
v Details of the solar rooftop system such as technical specifications, warranty, and performance guarantee.
v Proof of payment for the solar rooftop system.
Bank account details for the transfer of the capital subsidy.Any other document as required by TEDA.
