Solar Rooftop Subsidy
https://alienenergy.in/solar/solar-panel-subsidy/
The cost of a rooftop solar subsidy does not directly fall on the consumer but is instead provided by the government or local authorities to reduce the cost of installing solar panels. However, the value or amount of the subsidy can vary depending on the region, country, and specific solar incentive programs. Here's how it typically works:
1. Percentage of System Cost
In many cases, rooftop solar subsidies cover a percentage of the total cost of the solar system installation.
Typical subsidies range from 20% to 40% of the installation cost.
For example, if the total cost of a rooftop solar system is $10,000, and the subsidy is 30%, the government might cover $3,000, leaving the consumer to pay $7,000.
2. Fixed Subsidy Amount
Some regions offer fixed subsidy amounts per kilowatt (kW) installed.
For example, a government might offer a subsidy of $200 to $500 per kW of installed solar capacity.
If a homeowner installs a 5 kW system, they could receive a subsidy of $1,000 to $2,500, depending on the program.