Maharashtra Solar Subsidy

Maharashtra Solar Subsidy

Maharashtra has become one of India’s leading states in solar adoption, especially in the residential rooftop segment. With rising electricity tariffs and increasing awareness about clean energy, more households are switching to solar power. To support this transition, both the Central Government (MNRE) and the Government of Maharashtra offer financial subsidies and incentives to make rooftop solar budget-friendly and accessible.

Who Can Get the Subsidy?

The subsidy is available for:

• Residential households
• Housing societies (RWAs)
• Government and institutional buildings

Commercial and industrial users are not eligible for the MNRE rooftop subsidy.

Subsidy Rates Under PM Surya Ghar (Central Scheme):

System SizeApprox. Subsidy (₹)
1 kW₹30,000
2 kW₹60,000
3 kW₹78,000 (Max for household)
Above 3 kW₹78,000 (Fixed upper limit)

This subsidy directly reduces your total installation cost when the system is purchased through an approved vendor.

Maharashtra State-Level Benefits:

Along with MNRE subsidy, Maharashtra offers:

• Net Metering for exporting extra solar energy to the grid
• Easy approval via the online Maharashtra Net Metering Portal
• Additional incentives for solar pumps under PM-KUSUM for farmers

These benefits help reduce monthly electricity bills significantly and promote self-sufficiency in power usage.

Example Payback:

A 3 kW system costs around ₹1,65,000.
With MNRE subsidy: ₹1,65,000 – ₹78,000 = ₹87,000 net cost.
Monthly bill savings: ₹1,200 – ₹2,200.
Payback period: ~3 to 4 years — after which the electricity is almost free for 20+ years.

Conclusion:

The Maharashtra Solar Subsidy makes rooftop solar an attractive and financially smart choice for homeowners. With subsidies, net metering, and falling panel prices, now is the best time to go solar.

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