Now Reading: Rooftop solar interest grows amid rising power costs and subsidies
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Rooftop solar interest grows amid rising power costs and subsidies
Interest in rooftop solar installations is growing among Indian households as electricity prices rise, according to a report in India TV News. The report says a 5 kilowatt hybrid solar system, suited…
Interest in rooftop solar installations is growing among Indian households as electricity prices rise, according to a report in India TV News. The report says a 5 kilowatt hybrid solar system, suited to large homes, farmhouses or small businesses, typically costs between Rs 2 lakh and Rs 3.5 lakh depending on the components chosen, including the battery. Under the central government's PM Surya Ghar Yojana, households can get a subsidy of up to Rs 78,000 for a rooftop system of 3 kilowatts or higher, with some states adding to that, the report cites Uttar Pradesh topping up the central subsidy by Rs 30,000, taking the total to as much as Rs 1.08 lakh.
The report does not give figures for how much electricity prices have risen or how fast installations are growing nationally, nor does it provide regional data beyond the Uttar Pradesh example or an affordability assessment for typical households.
Indian Opinion Analysis
India TV News backs its account of rising household interest with concrete numbers, a cost range for a 5 kilowatt hybrid system and the size of the PM Surya Ghar Yojana subsidy, rather than describing the trend only in general terms. The Uttar Pradesh top-up shows subsidy levels can vary by state, though the report gives no other state's figures for comparison. A hybrid system costs more than a basic on-grid one mainly because of the battery, which the report says pays off chiefly for households facing regular outages. Whether more states publish their own top-up amounts, extending the Uttar Pradesh example, is the detail still to confirm.
Source: www.indiatvnews.com
This brief was synthesised by AI from the source linked above.
