How Are Solar Panel Prices Affected by National Subsidies in Telangana? | FreyrEnergy

Solar panel price in Telangana with National subsidy

Going solar has numerous benefits for both individuals and businesses. By switching to solar energy, you can save money on your monthly energy bills and protect yourself against rising energy costs. Solar energy is a clean and renewable resource, so it helps to reduce your carbon footprint and do your part in the fight against climate change. Solar panels require minimal maintenance and have a long lifespan, so you can enjoy the benefits of solar energy for years to come. In addition, going solar can increase the value of your home or business, making it a smart financial investment. With so many benefits, it’s no wonder that more and more people are switching to solar energy.

While the long-term financial benefits of solar energy are clear, the initial investment can be prohibitive for some people. In the long term, the cost of Installing a solar system is often overshadowed by the significant savings it can provide.

Why does the Government Provide Subsidies on a Solar Panel in Telangana?

The government provides subsidies on solar panels to encourage the adoption of renewable energy sources and to reduce the reliance on fossil fuels. Solar energy is a clean and renewable resource that can help to reduce greenhouse gas emissions, which are a major contributor to climate change. By providing subsidies for solar, the government can make solar energy more affordable and accessible to a wider range of individuals and businesses.

In Telangana, the government offers a subsidy for residential users. This subsidy can significantly reduce the overall cost of switching to solar energy, making it more attractive for people to make the switch.

In Telangana, the Solar Panel Price has dropped significantly over the past few years, making it a more viable option for homeowners. The Solar Panel subsidy can help offset the cost of installing solar panels, making it a more affordable option for those looking to go green.

Objectives of Solar Subsidy in Telangana

The objectives of the solar panel subsidy in Telangana are likely to encourage the adoption of renewable energy sources, reduce reliance on fossil fuels, and reduce greenhouse gas emissions. By providing subsidies on the cost of solar panels, the government hopes to make solar panel installation more affordable and accessible to a wider range of individuals and businesses. The subsidies may also be intended to stimulate economic growth in the renewable energy sector and create job opportunities in the state. Additionally, the use of solar energy can help to improve energy security and reduce the need for imported fossil fuels. Overall, the goal of the solar subsidy in Telangana is to promote the use of clean and renewable energy sources for the benefit of the environment and the economy.

With the help of this subsidy, the solar panel price has come down significantly, and this will help increase the use of renewable energy in the state.

National Subsidy Scheme in Telangana

The national subsidy scheme for solar energy is available for residential solar grid-connected systems in Telangana. The subsidy amount is fixed based on the size of the system, with larger systems receiving a higher subsidy. The entire process of applying for the subsidy is done online, making it convenient and easy for eligible individuals to apply. Once the system is installed and approved by the concerned DISCOM, the subsidy is disbursed directly to the customer. The solar panel subsidy can be used in combination with other financing options, such as loans, to make the switch to solar energy more affordable.

Under the national portal solar subsidy scheme, the government offers a fixed subsidy depending on the system size you wish to install. The detail of the subsidy is as mentioned below.

How to Apply for a national Subsidy in Telangana

Step 1: Download Sandes App & Register for OTP Purpose

Step 2: Using the OTP from Sandes, login to the National Subsidy Portal

Step 3: You will receive feasibility approval from DISCOM via registered email ID.

Step 4: Freyr Energy installs the system as per the project plan. Once installation is over, the client submits the plant details and applies for a net meter. Freyr Energy will guide the client across all steps.

Step 5: After installation of the net meter and inspection by DISCOM, DISCOM will generate a commissioning certificate from the portal.

Step 6: Upon receipt of the commissioning report, submit bank account details and a canceled cheque through the portal.

Step 7: Subsidy is disbursed to the bank account submitted by the client.

Why choose Solar Rooftop Systems from Freyr Energy?

At Freyr Energy, we are proud to be one of the top 15 solar companies in India. We are committed to providing our customers with high-quality solar energy solutions that are both affordable and reliable. We understand that switching to solar can be a big decision, so we offer a range of financing options to help make it more accessible. Our team is also available to provide 24×7 support, ensuring you have the assistance you need throughout the transition to solar. Transforming to solar energy is not only good for the environment but also for your wallet. With solar panel installation, you can save money on your monthly energy bills and protect yourself against rising energy costs. Additionally, by choosing solar, you can reduce your carbon footprint and do your part in the fight against climate change. So why wait? Make the switch to solar energy with Freyr Energy today.

Asked Questions

In India, homeowners generally do not need specific permission to install rooftop solar. However, homeowners must also comply with any regulations or guidelines set forth by the local government or electricity distribution company.

Homeowners may need to apply for feasibility approval with their DISCOM and get necessary sanctions. Once solar panel installation is completed, they also need to obtain a net-metering connection to get the benefit of feeding the excess power generated by the rooftop solar to the grid.

The ideal size of a solar system for home will depend on various factors, including your monthly energy consumption, the available space for the solar panels, and your budget.

A general rule of thumb is to install a solar system that can generate enough power to cover your home’s energy consumption. This can eliminate the need for grid-supplied electricity, resulting in significant savings on electricity bills.

To determine the size of the solar system that would be ideal for your home, you’ll need first to determine your average daily energy consumption in kilowatt-hours (kWh). This information can typically be found on your electricity bills.

Then you’ll need to consider the amount of sun your location receives (approximately 4 units per kW per day in Telangana), the area available for the solar panels, and your budget. With all this information, you can calculate the solar system size you need to generate the desired amount of power.

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