Solar Subsidy in West Bengal [2024]

• April 15, 2024

• Solar , Solar Inverter , Solar Pump , Solar PV modules

Solar energy has become an increasingly important source of energy in recent years, with many countries around the world investing in this clean and renewable source of energy. One of the states in India that has shown a lot of promise in this regard is West Bengal. In this blog, we will take a closer look at the solar subsidy in West Bengal in 2023.

What is a Solar Subsidy?

A solar subsidy is a financial incentive offered by the government to encourage individuals and organizations to invest in solar energy. The goal of this subsidy is to make it more affordable for people to install solar panels, which will reduce the cost of electricity and increase the use of clean energy.

Have you read: Solar Panel Subsidy in India [2023 – Updated]

Why is a Solar Subsidy Important for West Bengal?

West Bengal has seen significant growth in its energy demand in recent years, making it necessary for the state to invest in renewable sources of energy. The state has a large number of households and small businesses that would benefit greatly from the use of solar energy, as it would reduce the cost of electricity.

The state also has a large number of rural areas that lack electricity, so a solar subsidy could bring power to these areas, improving their quality of life.

How Does the Solar Subsidy in West Bengal Work in 2023?

The solar subsidy in West Bengal in 2023 works by providing financial incentives to individuals and organizations that invest in solar energy. The state government offers a 30% subsidy on the cost of installing solar panels, making it more affordable for people to invest in this clean and renewable source of energy.

This subsidy is available for both residential and commercial installations, and it is available to anyone who installs solar panels in the state of West Bengal. The goal of this subsidy is to make it easier for people to adopt solar energy, which will help to reduce the state’s dependence on fossil fuels and reduce the amount of carbon emissions produced.

Solar Panel Price in west Bengal with Subsidy

The cost of solar panels in West Bengal varies based on several factors, such as the type of panels, the size of the installation, and the brand of the panels. However, the average cost of a solar panel system in the state is around Rs. 50,000 to Rs. 2,00,000. This cost can be reduced with the help of government subsidies and incentives.

The government of West Bengal offers several subsidies to encourage the adoption of solar energy. These subsidies can help reduce the cost of solar panels by up to 30%. The following table provides an overview of the subsidies available in West Bengal:

Net Metering Subsidy: This subsidy is available to residential, commercial, and industrial consumers who install solar panels. The subsidy provides a 30% reduction in the cost of the project. The consumer must register for net metering with their utility company to receive the subsidy.

Capital Subsidy: This subsidy is available to farmers, rural households, and small and medium enterprises who install solar panels. The subsidy provides a 30% reduction in the cost of the project. The consumer must register for net metering with their utility company to receive the subsidy.

Interest Subsidy: This subsidy is available to residential, commercial, and industrial consumers who take out a loan to finance the installation of solar panels. The subsidy provides a 5% reduction in the interest rate on the loan amount.

What is the process for applying for subsidy in West Bengal?

In this blog, we will take a comprehensive look at the process for applying for and receiving subsidy on solar energy in West Bengal.

Eligibility Criteria

To apply for a solar subsidy in West Bengal, you need to meet the following eligibility criteria:

1. Residency: You must be a resident of West Bengal.
2. Purpose of use: The solar energy system must be used for residential, commercial or industrial purposes.
3. Capacity of the system: The capacity of the solar energy system must be in accordance with the guidelines set by the government of West Bengal.
4. Installation of system: The solar energy system must be installed within the state of West Bengal.
5. Ownership of the property: You must own the property where the solar energy system is being installed.

Subsidy Schemes

The government of West Bengal offers several subsidy schemes to promote the adoption of solar energy. Some of the popular schemes are:

1. Rooftop Solar Photovoltaic (PV) Systems for Residential and Non-Residential Buildings
2. Solar PV Systems for Agricultural Pumping
3. Solar PV Systems for Rural Electrification
4. Solar PV Systems for Community Institutions
5. Solar PV Systems for Street Lighting

Application Process

The application process for a solar subsidy in West Bengal is as follows:

1. First, you need to choose a subsidy scheme that best fits your needs.
2. Once you have selected the scheme, you need to gather all the necessary documents, such as property ownership proof, identity proof, and capacity of the solar system.
3. Next, you need to fill out the application form for the subsidy scheme and submit it along with the required documents to the concerned authority.
4. After the submission of the application form, the concerned authority will verify the documents and the application.
5. If your application is approved, you will receive the subsidy amount in your bank account.

WBSEDCL new connection rules.

1. Application Form: A customer needs to fill up an application form to get a new connection. The form is available on the WBSEDCL website and can be submitted in the nearest WBSEDCL office.
2. Proof of Identity: A customer needs to provide proof of identity and proof of address while applying for a new connection.
3. Application Fee: A customer needs to pay an application fee of INR 100 for a new connection.
4. Connection Load: The maximum sanctioned load for a new connection is dependent on the voltage level of the line supplying electricity to the area.
5. Security Deposit: A customer needs to pay a security deposit equivalent to two months’ average consumption charges.
6. Connection Approval: Once the application form is submitted and the application fee and security deposit are paid, the WBSEDCL will verify the information and approve the connection.
7. Installation Charges: A customer needs to pay installation charges to the WBSEDCL for the installation of meters, cables, and other necessary equipment.
8. Meter Reading: WBSEDCL will take a meter reading every month and bill the customer accordingly.
9. Bill Payment: Customers can pay their bills online, through mobile banking, or at authorized WBSEDCL payment centers.

Conclusion

The solar subsidy in West Bengal in 2023 is an important step in the state’s efforts to adopt clean and renewable sources of energy. By providing financial incentives to individuals and organizations that invest in solar energy, the state is helping to reduce the cost of electricity and improve access to power for those who live in rural areas.

If you are interested in investing in solar energy in West Bengal, take advantage of this subsidy and start reaping the benefits of clean and renewable energy. With the state’s support, it has never been easier to make the switch to solar power.

If you’re planning to opt for solar energy in West Bengal, India and want to avail the subsidy, connect Waaree which is India’s largest solar module manufacturer at waaree@waaree.com or call at 18002121321.

You can also read: 5kW Solar Systems Price in India, 2023