Chief Minister’s Solar Rooftop Capital Incentive Scheme
About This Scheme
Chief Minister’s Solar Rooftop Capital Incentive Scheme is a capital subsidy scheme by the Tamil Nadu Government. In this scheme, a capital subsidy of ₹ 20,000 per kilowatt is provided for grid-connected domestic solar PV systems in addition to the 30% subsidy scheme* of the Ministry of New and Renewable Energy (MNRE) of the Government of India. For individual homes/flats, the solar system capacity shall be 1 kW. For the residential flats solar system capacities of 5 kW, 10 kW, and multiples thereof can be applied for common usage as a group application. (* limited to 30% of MNRE benchmark cost or 30% of the project cost, whichever is less)
Eligibility
Eligibility for Consumer The scheme is open to applicants from individual homes/flats and residential flats, having an electricity connection. Eligibility for Vendor / Installer Qualified Solar Installers empanelled by the Tamil Nadu Energy Development Agency through a tendering system under this scheme (www.teda.in/pdf/CIS_INSTALLERS.pdf)
Benefits
A capital subsidy of ₹ 20,000 per kilowatt for grid-connected domestic solar PV systems in addition to the 30% subsidy scheme* of the Ministry of New and Renewable Energy (MNRE) of the Government of India. For individual homes/flats, the solar system capacity shall be 1 kW. For the residential flats solar system capacities of 5 kW, 10 kW, and multiples thereof can be applied for common usage as a group application. (* limited to 30% of MNRE benchmark cost or 30% of the project cost, whichever is less)You may opt for any capacity out of 1, 2, 5 & 10 kWp, but the subsidy will be limited to 1kWp per house / flat.A grid-connected photovoltaic power system will reduce the power bill due to the import and export of power through net metering provision. Illustration: someone imports (consumes) 1,000 kWh from the grid and exports 600 kWh to the grid in a billing cycle. The energy bill will be for 400 kWh (1000 kWh – 600 kWh) accounted by Netmeter.Grid-connected PV systems do not require batteries. Batteries are costly require periodic maintenance and also lead to the wastage of 15 – 20 % of energy in storage and retrieval.Grid-connected PV systems are much easier to operate and maintain.Segregation of load is not required.
How to Apply
Where This Comes From
This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.