All About Solar Panel System Price and Subsidy in Gujarat

Every day, more and more electrical appliances are used in daily life, which raises electricity costs. In this situation, it becomes important to minimize the cost required in energy consumption without sacrificing its usage. Here one option that proves good for your finances and earth is to use solar energy. It is one of the most economical and sustainable resources and has grown in popularity thanks to government subsidies.

Especially when we talk about Gujarat, it gets abundant solar energy so here you can consider the installation of a solar panel system. However, for that, it is necessary to understand its installation costs and related subsidies. So, in this blog, we will know every detail related to a solar panel system price and subsidy in Gujarat.

Solar Panel System Subsidy in Gujarat

As the National Portal for Rooftop Solar has started, it has become easier to take the benefits of subsidies online. The Ministry of New and Renewable Energy started PM Surya Ghar: Muft Bijli Yojana. It provides financial support and encourages the people of Gujarat and other Indian states to install solar panels. The purpose of this scheme is to reduce the upfront charge of solar systems for personal residences and residential societies. This is the detailed breakdown of subsidy prices:

Rooftop Solar System Capacity	Applicable Subsidy (₹)
1 kW	₹30,000
2 kW	₹60,000
3 kW and above	₹78,000

Note: 1) If you want a subsidy for Resident Welfare Associations (RWA) or Group Housing Societies (GHS) then you can get ₹18,000 per kW up to 3kW per individual house but this scheme is not valid for commercial, industrial, or public sectors.

Note: 2) Hybrid solar systems are also not eligible for subsidiaries.

Solar Panel System Price in Gujarat

There are many different elements that impact the solar system price in Gujarat It includes brand reputation, manufacturing technology, given warranty, after-sales service, size & types of solar systems (whether it is on-grid, off-grid, or hybrid), and other market factors.

Below is the estimated price of different size’s solar systems:

Solar System Size	Estimated Price Range
2 kW	₹1,50,000 – ₹1,75,000
3 kW	₹ 1,75,000 – 1,90,000
5 kW	₹2,85,000 – ₹3,10,000
10 kW	₹5,00,000 – ₹5,25,000

Now let us calculate at what price you will get solar systems after getting subsidies from the government.

Solar System Size	Estimated Price Range	Subsidy Applicable	Prices After Subsidy
2 kW Solar System	₹1,50,000 – ₹1,75,000	₹30,000	₹1,20,000 – ₹1,45,000
3 kW Solar System	₹1,75,000 – ₹1,90,000	₹60,000	₹1,15,000 – ₹1,30,000
5 kW Solar System	₹2,85,000 – ₹3,10,000	₹78,000	₹2,07,000 – ₹2,32,000
10 kW Solar System	₹5,00,000 – ₹5,25,000	₹78,000	₹4,22,000 – ₹4,47,000

Conclusion

Installing a solar system in Gujarat is a very smart decision. You can increase the value of your property while lowering carbon footprint and electricity costs. Additionally, the government offers attractive subsidies for its installation through the PM Surya Ghar: Muft Bijli Yojana. So, install a solar system now by partnering with Zodiac Energy Limited, and see how solar power can impact the environment and benefit your savings.