India is swiftly moving towards a clean energy future, and solar power is at the core of this transformation. The government is focusing on this as it recognizes the urgency of climate action and the need for sustainable energy access. It has given rise to various schemes to promote solar adoption across residential, agricultural, community, and industrial sectors. The opportunities are vast, from subsidies to tax incentives, but the complexities can be overwhelming.
Here, Saatvik Solar comes into the picture. With a strong portfolio of high-efficiency solar modules, advanced EPC capabilities, and a deep knowledge of regulatory frameworks, Saatvik empowers customers to get the maximum out of these government schemes. This blog sheds light on Saatvik Solar’s alignment with these central and state-level solar initiatives and how customers can leverage these benefits while being with Saatvik Solar.
A Thorough Analysis of Government Schemes with Saatvik Solar
1. PM Surya Ghar Yojana (Residential Subsidy)
Overview of the Scheme
Introduced in the early phase of 2024, PM Surya Ghar: Muft Bijli Yojana aims to power up residential households by subsidizing rooftop solar installations. It offers a cumulative subsidy of Rs 30,000 per kW for systems up to 2 kW, and Rs 18,000 per kW for additional capacity up to 3 kW. The maximum cap of the subsidy one can gain is Rs 78,000 per household.
What Saatvik Does Under This Scheme?
Saatvik Solar has its forte in designing and installing rooftop solar panels to fit your household needs. By assessing a home’s needs or monthly electricity usage, Saatvik can recommend the optimal solar solution:
Saatvik turnkey solutions comprise handling all the documentation and compliance requirements for subsidy approval. It includes property proof, electricity bills, technical specifications, and net meter installation certificates.
How Customers Can Leverage Saatvik?
Maximize Subsidy
Install a system with a capacity of 3 KW to get hold of the subsidy.
End-to-End Support
Utilize Saatvik’s expertise to go through the application processes, ensuring timely approvals and seamless installation.
Energy Savings
Seek benefit from up to 300 units of free solar electricity monthly, leading to a reduction in your electricity bills.
Net Metering
Saatvik facilitates a net metering setup so households can easily sell back power to the grid and save more.
2. KUSUM Yojana (Agriculture Solar Pump Subsidy)
Outline of the Scheme
The PM-KUSUM or Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabiyan schemes target the solarization of agriculture under three major components:
| Component | Target | RE capacity targeted (In GW) |
| Component A | Setting up 10000 MW of decentralized ground/stilt-mounted grid-connected solar or some other renewables-based power plants | 10 |
| Component B | Installation of around 14 lakh standalone solar-powered agriculture plants | 7 |
| Component C | Solarization of around 35 lakh existing individual grid-connected agriculture pumps, even involving the feeder level solarization | 17.8 |
This scheme promotes the act of de-dieselization of farms, energy security, and increased farmer income with substantial central financial support.
How does Saatvik come under this scheme?
Saatvik offers customized solar pump solutions for farmers and agricultural enterprises, including:
- Installation of solar pumps on cultivated land with stilt-mounted panels to make sure that farmers can achieve what they want without any disruption.
- Development of decentralized solar power plants on fallow land.
- Incorporation of solar pumps with existing grid connections to cut down diesel dependence and power costs.
How Saatvik Can Be an Asset for Customers?
Farmers and Farmer Producer Organizations
Saatvik can easily let you leverage the subsidies and technical support for solar pump installation under PM-KUSUM.
Maximize Income
Use Saatvik’s solutions to erase diesel costs and potentially sell excess power back to the grid under component A.
Sustainable Farming
Adopt solar irrigation methods with Saatvik to increase water and energy security while lessening the carbon footprint.
3. Group Housing / RWA Subsidy Scheme
Outline of the Scheme
Most of the states and utilities offer additional subsidies or incentives for group housing societies and Resident Welfare Associations (RWAs) to promote the installation of rooftop solar systems. These schemes generally complement central subsidies and encourage the adoption of solar.
How Saatvik Fits in this Scheme?
Saatvik works in close collaboration with RWAs and group housing societies to design scalable solar rooftop systems that can fulfill their collective energy needs. It includes:
- Performing energy audits for the entire society or housing complex.
- Designing systems that refine rooftop space across multiple buildings.
- Facilitating the applications of group subsidy and coordination with DISCOMs for net metering.
Ways Saatvik helps customers to power up
Collective Bargaining
RWAs can come at a better pricing and financial option with the help of Saatvik’s bulk installation capabilities.
Enhanced Subsidies
Can merge central and state-level subsidies to reduce the upfront costs.
Shared Savings
Enable all residents to get the perks of negligible electricity bills and surplus power sales.
4. State-specific Additional Subsidies
Before stepping onto the state-specific additional subsidies, let’s see what the central government gave us. It comes under the tag of CFA for residential customers. It provides CFA of 60% of benchmark costs for 2 kW RTS systems and for next additional kW, 40% of benchmark costs. The CFA is capped at last at 3 kW, and for this, more details are given here in the table.
| S No. | Type of Residential Segment | CFA | CFA (Special category states) |
| 1 | Residential Sector (first 2 kWp) | Rs 30,000 per kWp | Rs 33,000 per kWp |
| 2 | Residential Sector (additional 1 kWp) | Rs 18,000 per kWp | Rs 19,800 per kWp |
| 3 | Residential Sector (above 3 kWp) | No additional CFA | No additional CFA |
| 4 | GHS/RWA, etc, for common facilities for up to 500 kWp (@3 kWp per house) | Rs 18,000 per kWp | Rs 19,800 per kWp |
Note: The benchmark for some of the special category states/UTs is 10% higher. It includes Uttarakhand, Himachal Pradesh, J&K, Ladakh, and states in the Northeast, including Sikkim, UTs of A&N, and Lakshadweep.
To avail the CFA, it is necessary, as directed by the Government of India, to procure only the modules that are approved under the ALMM.
Overview of the Scheme
On top of the central schemes, most of the states provide subsidies or incentives to promote solar adoption. For instance, Gujarat and Maharashtra offer state financial assistance for rooftop solar, which is mainly linked with the PM Surya Ghar Scheme.
For more details, look at this table
| S.NO | State/UTs | Subsidy |
| 1. | Uttar Pradesh | Rs 15,000 per kW up to 2 kW |
| 2. | Haryana | Up to Rs 25,000 per kW up to 2 kW (only for the poor families) |
| 3. | Uttarakhand | Rs 23,000 per kW up to 1 kW or Rs 17,000 per kW up to 3 kW |
| 4. | Goa | 50% till 10 kW and 10% up to 3 kW |
| 5. | DNH & DD | Rs 10,000 per kW up to 3 kW |
| 6. | Ladakh | Rs 20,000 per kW up to 2 kW and Rs 10,000 per kW for additional 1 kW |
| 7. | Delhi | Rs 2,000 per kW up to 5 kW with generation-based incentive |
| 8. | Assam | Rs 15,000 per kW up to 3 kW; capped at Rs 45,000 |
| 9. | Odisha | Rs 20,000 per kW |
| 10. | J&K | Rs 3,000 per kW up to 3 kW |
| 11. | Lakshadweep | Rs 45,000 per kW up to 2 kW and Rs 27,000 for the next 1 kW |
How does Saatvik fit over here?
Saatvik always stays up to date with the policies of the state and helps customers claim these additional subsidies, leading to maximum financial benefit for them.
How Can Saatvik Empower You?
Dual Subsidy Advantage
Saatvik shows a clear path to the customers to claim both central and state subsidies that can cover a huge portion of the project costs.
Compliance and Documentation
Saatvik takes care of all the paperwork and technical inspections needed to qualify for the state subsidies.
Tailored Solutions
Crafted unique solar systems to meet both central and state subsidy criteria, leading to unexpected returns.
5. Solar Benefits for Commercial & Industrial Setups (Tax Savings, Net Metering)
Overview
Tax incentives, accelerated depreciation, and net metering policies are meant for commercial and industrial (C&I) consumers to benefit from solar installations. These policies allow them to offset power consumption and reduce electricity bills.
Tax Benefits
Businesses can claim accelerated depreciation in a go on solar panels, improving the overall cash flow.
Net Metering
Excess solar power generated can be fed back to the grid, letting you earn credits and payments.
How Saatvik Fits in Here?
Saatvik Solar offers end-to-end solar solutions for all the C&I clients, including:
- Comprehensive feasibility studies to design cost-effective solar plants.
- End-to-end assistance with tax planning and compliance to maximize the depreciation benefits.
- Execution along with net metering infrastructure to optimize energy savings.
How Saatvik Empowers Customers with These Schemes?
Reduce Operational Costs
Leverage solar power to diminish your electricity bills, mainly for all commercial and industrial operations.
Tax Optimization
Work with Saatvik to document and claim accelerated depreciation and other tax benefits potentially available for you.
Sustainability Goals
Take corporate social responsibility by holding clean energy and upgrading the brand image.
Why rely on Saatvik Solar to go ahead with such Solar schemes?
Saatvik Solar is a leading name in the solar industry and is uniquely positioned to address all the customers navigating the complex landscape of solar subsidies and incentives. From residential homeowners to farmers and complex enterprises, Saatvik offers all with:
In-depth Expertise in Scheme Compliance
Making sure all the technical and documentation requirements are met for seamless subsidy approval.
Customized Solar Solutions
Our Solar Solutions are well-designed specifically for consumption, location, and eligibility criteria.
End-to-End Service
Covering it all right from site inspection to installation, net metering, and post-installation support.
Maximized Financial Benefits
Helping all the customers to claim both central and state subsidies, tax benefits, and net-metering advantages.
By shaking hands with Saatvik, customers can confidently invest in solar energy, knowing that we are there. This partnership lets them reduce their electricity costs and contribute to India’s sustainable energy future under the PM Surya Ghar Yojana, PM KUSUM Scheme, group housing subsidies, state-specific incentives, and commercial solar benefits.
The Power of Synergy : Saatvik with Government Support
Bygone the time when Solar was a choice, but not anymore. It is now a strategic imperative. Whether you are a homeowner hoping to reduce electricity bills, a farmer who needs dependable irrigation, a society managing shared costs, or an enterprise planning your next sustainability leap, government schemes are here to support you. With Saatvik Solar, you’ll get a trusted partner who not only understands these schemes but excels at delivering projects that boost their value.
Be with Saatvik to turn subsidies into savings. Connect with us today and let’s walk on the journey towards energy independence.
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