Solar System Price and Subsidy In Maharashtra 2025

Solar energy adoption in India reaches its peak in Maharashtra because of the state's intensive electricity requirements together with vast solar access. The Maharashtra government promotes residents to use solar rooftop systems as it allows them to lower their electricity expenses while decreasing their reliance on conventional power sources. 

The electricity cost for homeowners drops through different subsidy programs that enable them to buy solar panel systems relatively inexpensively. Through the solar subsidy in Maharashtra, the government supports solar panel system acquisitions, while its loan scheme makes solar panel purchases easier for everyone.

This blog offers a comprehensive overview of solar panel prices in Maharashtra, solar subsidies in Maharashtra, and the processes of installing a solar system.

Solar Panel System Subsidy in Maharashtra 

The Maharashtra government provides financial support through the rooftop solar subsidy in the Maharashtra scheme to foster home-based solar power systems. The Maharashtra Solar Subsidy program comes under a part of the central PM Surya Ghar Muft Bijli Yojana through MEDA and local distribution companies DISCOMs.

Solar System Capacity	Applicable Subsidy (₹)
1 kW	30,000/-
2 kW	60,000/-
3 kW and Above	78,000/-*
Resident Welfare Associations (RWA) / Group Housing Societies (GHS)	Rs. 78,000/- for common facilities up to 500 kWp @ 10 kWp per house, with the upper limit being inclusive of individual rooftop plants already installed by individual residents in that GHS/RWA at the time of installation of RTS for common activity.
Note: *The subsidy amount is fixed for rooftop solar systems of 3 kW and above capacity.

• Systems running up to 2 kW get a Rs. 30,000 subsidy per kW. 

• Systems running up to an additional capacity of 3 kW get Rs. 18,000 per kW. 

• For all solar systems larger than 3 kW, get a fixed Rs. 78,000 subsidy. 

• For group house societies / resident welfare associations, the subsidy is set at Rs. 18,000 per kW. (includes common facilities; 500 kW capacity where each house gets 3 kW; EV charging)

Note: For detailed information, please refer to scheme guidelines. 

Direct credit for this subsidy goes to the beneficiary's bank account after solar system installation and inspection. The calculation of subsidy amounts depends on set costs known as L1 rates that may experience changes. Authorized solar vendors and the Maharashtra Energy Development Agency (MEDA) can provide official information about solar services rates, including complete details of Maharashtra. 

Visit the official portal, https://pmsuryaghar.gov.in, for further specifics.

Solar System Price In Maharashtra (2025)

Solar system pricing in Maharashtra actually depends on the capacity, brand, and installation needs of a solar system. Here's an outline of solar panel prices in Maharashtra based on recent updates.

System Capacity	Price	Usage
1 kW solar system in Maharashtra	₹70,000 - ₹75,000	Small houses with little energy use would find a 1 kW system perfect. It can easily be used for small appliances, fans, and lights.
2 kW solar system in Maharashtra	₹1,45,000 to ₹1,50,000	Medium-sized houses would be suited for a 2kW system, which can run more equipment, including TVs and refrigerators.
3 kW solar system in Maharashtra	₹1,90,000 to ₹2,10,000	Larger houses or small companies with more power consumption will find an ideal fit for a 3kW system.
5 kW solar system in Maharashtra	₹3,10,000 to ₹3,50,000	Large houses, businesses, or agricultural use call for a 5kW system.

Solar System price in Maharashtra with subsidy 2025

Applying the solar subsidy in Maharashtra results in a solar system's cost being much reduced. This is a short and clear analysis:

System capacity	Price (without subsidy)	Subsidy	Price (with subsidy)
1 KW	₹70,000 - ₹75,000	₹ 30,000	₹40,000-₹45,000
2 KW	₹1,45,000 to ₹1,50,000	₹ 60,000	₹85,000 - ₹90,000
3 KW	₹1,90,000 to ₹2,10,000	₹ 78,000	₹1,12,000 - ₹1,32,000
5 KW	₹3,10,000 to ₹3,50,000	₹ 78,000	₹2,32,000 - ₹2,72,000

Note: Installation and other circumstances could affect the approximate prices.

To add to the solar rooftop subsidy in Maharashtra, Bank of Maharashtra offers homeowners in Maharashtra a specific Mahabank Rooftop Solar Panel Loan Scheme to finance solar system installations. The scheme allows residents to obtain financing at affordable rates for premium solar panel systems through easy accessibility. To know the eligibility criteria and more details, visit the official website of Bank of Maharashtra:  https://bankofmaharashtra.in/mahabank-rooftop-solar-panel-loan. 

Steps to apply for a subsidy in Maharashtra 

1. Visit the official portal: Register with your details by visiting https://pmsuryaghar.gov.in.

2. Send application: Fill in the necessary information, including details about your bank account and monthly electricity bill.

3. Approval: Once your application is examined, your DISCOM—Electricity Distribution Company—will approve it.

4. Installation: Install the solar system via a trustworthy and authorized solar vendor like Green Pages India. 

5. Inspection: A DISCOM (Electricity Distribution Company) official will check the system to make sure it satisfies necessary criteria upon installation.

6. Subsidiary disbursement: In a few weeks, you will see the credit of the subsidy amount to your bank account.

Benefits of Solar Panel Subsidy in Maharashtra 

1. Affordable installation: The solar subsidy in Maharashtra lowers the initial cost for a solar system installation. Thus, solar panels become the best option for you. 

2. Lower your electricity bills: Depending on your use, solar energy can reduce your electricity expenses by up to 90% easily.

3. Environmentally friendly solution for everyone: Solar energy lessens carbon emissions and dependency on fossil fuels, thus saving the environment from degradation. 

4. Long-term savings: A solar system pays for itself in 4–5 years by saving your monthly electricity expenses. You can even calculate your savings every month after you start using solar panels. 

5. Reliable source of energy dependence: Particularly in places with regular power cuts, solar systems offer a dependable source of electricity.

6. Chance to earn money: With the use of net metering, you can get solar credits in your bank account. 

Process for Installing Solar System in Maharashtra 

The process of installing a solar system in Maharashtra is very easy. Let's see how you can have a solar system at your place! 

1. Consultation: Get a site assessment done by contacting an authorized solar vendor. You can contact us at Green Pages India to get your consultation done. We will assess your energy requirements, solar access, and roof area.

2. Design: The provider will create a solar system catered to your needs depending on the evaluation.

3. Approval: Send the system design to your DISCOM for approval.

4. Finally, installation: Once approved, the supplier will set in place the solar panels, inverter, and other parts.

5. Net metering: Applying for a net meter will help you to link your solar system to the main grid. You will get solar credits in return. 

And you are ready to use your solar system up to your needs! 

What is net metering?

A net metered billing process will help you send extra solar system-generated electricity to the grid. You get credits on your electricity bill in return. For instance, you receive credits when your solar power plant in Maharashtra generates more electricity than the consumption; your system sends the extra electricity into the grid. This guarantees that there is never a waste of solar energy and you get a chance to generate income. 

How to apply for a net meter in Maharashtra?

All you need to do is send an application. When applying for a net meter, connect with your local DISCOM. You will have to go into details about your solar system's capacity.

A DISCOM official will visit your property to install the net meter.

Once the net metering is done, your solar system will be grid-connected, and you will begin to get credits for extra power you are supplying. 

Conclusion

Having a solar system in Maharashtra stands as both a wise financial move and an environmentally friendly choice. Government financial support decreases the price of solar panels in Maharashtra to make renewable energy more accessible to homeowners. Residents who use subsidies combined with net metering benefits obtain substantial reductions in their electricity expenses while participating in environmental conservation.

You can contact us at Green Pages India to resolve all your queries regarding solar power plants in Tamil Nadu. We will help you through everything from consultation to installation. 

What are you waiting for? Start today and explore your solar possibilities with Green Pages India!

Frequently asked questions 

1. What is the solar panel price in Maharashtra?

Your system capacity determines the pricing. For instance, a 1kW solar panel price in Maharashtra may go from ₹70,000 to ₹75,000.

2. How much is the solar subsidy in Maharashtra?

For 1 kW systems, the subsidy is Rs. 30,000; for 2 kW systems, the subsidy is Rs. 60,000; for 3 kW and above, the subsidy is Rs. 78,000.

3. How can I apply for a subsidy on solar panels in Maharashtra?

Apply by visiting the official webpage https://pmsuryaghar.gov.in, and you will get the application process. 

4. With subsidies, can I find a 5kW solar panel price in Maharashtra?

Indeed, the cost of a 5kW system can reduce to almost ₹2,32,000 - ₹2,72,000 after the subsidy. 

5. What is net metering? 

It is a process by which you send extra solar power to the grid and earn credits on your electricity bill.