Why Solar is the need of the hour in Amritsar ?

High electricity costs and one of the few states with solar subsidy in the India mean that the Amritsar is one of the best places in the country for solar.

• High Cost of Electricity in Punjab
• Irregular power cuts
• With Solar you can save your money
• By going solar, you are also making a world a healthy and green place

Cost of Solar in Amritsar ?

The average cost of a residential solar panel system installation of size between 3 to 10kw in Amritsar ranges from ₹ 1650000 to ₹550000.

On a cost per watt (₹/W) basis, a solar panel installation in Amritsar ranges in price from ₹50 to ₹55.

As for bigger capacity, cost per w can be lower.

What kind of Solar Panel in Amritsar are available ?

In the market, there are various kind of solar panels are available.

A high quality solar panel will have

• 25 years of warranty for solar panel
• High efficiency

You can customize your solar panels, inverters, racking systems, and batteries, as well as the general aesthetic of the installation.

This customizability has made it important for solar consumers to understand these various factors.

For example, the best solar panels available may have premium efficiencies and warranties, but will typically be more costly.

However, depending on the size of the installation, you’ll need to determine whether high-efficiency solar panels that can produce more electricity are worthwhile.

These are just a few of the many factors to consider when selecting solar panel equipment.

Solar Subsidy in Amritsar, Punjab ?

You would be happy to know that Punjab government provides subsidy if you install solar power system at your location.

There is excellent calculator for Government of India for calculating solar costs. You can click here

To apply for Solar rooftop subsidy in Punjab – Go here

As of 8th March 2019, the Punjab State Power Corporation Limited (PSPCL) would provide Central Finance Assistance (CFA)/Subsidy for Grid Connected Rooftop Solar Plants under Net Metering, approximately a capacity of 1 to 10 kW as per MNRE, GOI which will help make solar more affordable.

This subsidy is available for residential sectors only. CFA will be provided if funds are available from MNRE, Government of India.

Anyone who has sanctioned electricity load of more than 1.25 kW and wishes to generate electricity ensuring their contribution toward a better environment can avail this subsidy provided by Punjab, GOI.

In domestic sectors, the Government of India will provide a maximum of 40% on cost as subsidy, of the installation of rooftop solar power plants. If the residential sector installs a rooftop solar plant;

• Of maximum up to 3kW capacity, the CFA allotted is 40% of cost or cost discovered through competitive process; whichever is lower.
• Of capacity ranging from 3kW to 10kW would receive a CFA of 40% up to 3kW capacity. And capacity above 3kW will receive an additional 20% CFA on cost. If the capacity exceeds 10kW, no CFA is allotted, hence no subsidy on capacity above 10kW.
• Users can install a rooftop solar plant of capacity higher than 10kWp, but subsidy will be limited for users with 10kWp capacity max in residential sector.
• For GHS (Group Housing Societies) / RWA (Residential Welfare Association), maximum capacity of rooftop solar plant allowed for single house is 10kWp and total is up to 500kWp for availing subsidy of 20% on cost or cost discovered through competitive process; whichever is lower.

Solar Payback period in Amritsar, Punjab ?

How long does it take to earn back your initial investment in solar panels?

A solar payback period is the amount of time it takes for property owners who install solar panels to recover their initial investment through electricity savings.

In Amritsar, the average solar payback period is 4-5 years.

This means in approx 4 years of time you can recover all of your initial cost of solar.

After that, you will be literally enjoying your electricity for free.