Best Solar Panels In India

Solar Policy For Assam

APPLICABLE POLICIES

NET METERING

(Net metering is a billing system that allows rooftop owners having solar system installed at their rooftop to sell any excess electricity generated from solar system to local electricity utility)

Capacity

  • Min 1 kWp
  • Max 1 MWp

Conditions:

  • <= 80% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 20% of distribution transformer capacity in your area.

Ownership options

  • Self ownership (CAPEX model)
  • Third party ownership (RESCO model)

Settlement period

  • Annual (April to March)
  • Any unadjusted electricity credits shall be paid at APPC cost of electricity as approved by the Commission

Others

  • Exempted from wheeling and cross subsidy surcharges
  • Eligibility to participate under REC mechanism

SUBSIDY

  • Subsidy is applicable as per SECI guidelines.

LOAN AVAILABILITY

  • Loan for solar as a part of home loan/home improvement loan
  • Loan upto Rs. 10 lacs available for individuals under Priority sector lending

Assam Solar Policy and it's Solar Highlights

Located in the Northeast of India, Assam is most famous for its Assam tea and silk. In fact, talking about power, the first oil well of Asia was dug in Assam. As of 2017, Assam boasts a total cumulative solar capacity of 11.18 MW. This is quite a progress from the state because until about an year ago in 2016, March, the state actually had a commissioned solar power of 0MW. With the average annual per capital consumption of electricity just 258kWh in the North East as compared to 779kWh consumption in the whole of the country, the demand for energy is not as high in NE states and therefore solar can easily become the primary energy source in the state. Even under the 500MW Rooftop Subsidy scheme by SECI, the NE states have been given a higher, 70% subsidy in order to encourage the installation of rooftop solar plants. The grid interactive net metering arrangement in Assam was formally announced in the month of May in 2015, allowing all the residents who wish to go solar to feedback the excessive produced electricity to the grid and be suitably rewarded for the same.

NET METERING

(Net metering is a billing system that allows rooftop owners having solar system installed at their rooftop to sell any excess electricity generated from solar system to local electricity utility)

Capacity

  • Min 1 kWp
  • Max 1 MWp

Conditions:

  • <= 80% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 20% of distribution transformer capacity in your area.

Ownership options

  • Self ownership (CAPEX model)
  • Third party ownership (RESCOmodel)

Settlement period

  • Annual (April to March)
  • Any unadjusted electricity credits shall be paid at APPC cost of electricity as approved by the Commission

Others

  • Exempted from wheeling and cross subsidy surcharges
  • Eligibility to participate under REC mechanism

FINANCIAL ASSISTANCE

  • 40% Accelerated Depreciation
  • 10 year Tax holiday on solar projects
  • Loans available for up to Rs.15 Crore for renewable energy projects under Priority sector lending

Assam Solar Policy and it's Solar Highlights

Located in the Northeast of India, Assam is most famous for its Assam tea and silk. In fact, talking about power, the first oil well of Asia was dug in Assam. As of 2017, Assam boasts a total cumulative solar capacity of 11.18 MW. This is quite a progress from the state because until about an year ago in 2016, March, the state actually had a commissioned solar power of 0MW. With the average annual per capital consumption of electricity just 258kWh in the North East as compared to 779kWh consumption in the whole of the country, the demand for energy is not as high in NE states and therefore solar can easily become the primary energy source in the state. Even under the 500MW Rooftop Subsidy scheme by SECI, the NE states have been given a higher, 70% subsidy in order to encourage the installation of rooftop solar plants. The grid interactive net metering arrangement in Assam was formally announced in the month of May in 2015, allowing all the residents who wish to go solar to feedback the excessive produced electricity to the grid and be suitably rewarded for the same.

NET METERING

(Net metering is a billing system that allows rooftop owners having solar system installed at their rooftop to sell any excess electricity generated from solar system to local electricity utility)

Capacity

  • Min 1 kWp
  • Max 1 MWp

Conditions:

  • <= 80% of your Sanctioned Load
  • Cumulative capacity of all solar systems installed in your area shall not exceed 20% of distribution transformer capacity in your area.

Ownership options

  • Self ownership (CAPEX model)
  • Third party ownership (RESCO model)

Settlement period

  • Annual (April to March)
  • Any unadjusted electricity credits shall be paid at APPC cost of electricity as approved by the Commission

Others

  • Exempted from wheeling and cross subsidy surcharges
  • Eligibility to participate under REC mechanism

FINANCIAL ASSISTANCE

  • 40% Accelerated Depreciation
  • 10 year Tax holiday on solar projects
  • Loans available for up to Rs.15 Crore for renewable energy projects under Priority sector lending

Assam Solar Policy and it's Solar Highlights

Located in the Northeast of India, Assam is most famous for its Assam tea and silk. In fact, talking about power, the first oil well of Asia was dug in Assam. As of 2017, Assam boasts a total cumulative solar capacity of 11.18 MW. This is quite a progress from the state because until about an year ago in 2016, March, the state actually had a commissioned solar power of 0MW. With the average annual per capital consumption of electricity just 258kWh in the North East as compared to 779kWh consumption in the whole of the country, the demand for energy is not as high in NE states and therefore solar can easily become the primary energy source in the state. Even under the 500MW Rooftop Subsidy scheme by SECI, the NE states have been given a higher, 70% subsidy in order to encourage the installation of rooftop solar plants. The grid interactive net metering arrangement in Assam was formally announced in the month of May in 2015, allowing all the residents who wish to go solar to feedback the excessive produced electricity to the grid and be suitably rewarded for the same.