Solar Panel System Price and Subsidy in Jharkhand

4 min read
Solar Panel System Price and Subsidy in Jharkhand

Jharkhand, known for its rich natural resources, is now emerging as a significant player in India's solar energy journey. With increasing awareness about climate change, rising electricity costs, and growing power demand in rural and urban areas, more and more homeowners and businesses in Jharkhand are turning toward solar power. To support this clean energy transition, both the central and state governments are offering subsidies to make solar energy more affordable.

In this article, we will explore the latest solar panel system prices in Jharkhand, available government subsidies (central and state), and how you can benefit from installing a rooftop solar system in 2025.

Why Go Solar in Jharkhand?

Jharkhand receives good solar irradiation throughout the year, averaging about 5.5 to 6 kWh/m²/day, making it an ideal region for solar installations. Moreover, frequent power cuts in rural areas, high diesel generator usage, and increasing electricity bills are pushing homeowners and businesses to consider reliable alternatives like solar power.

Key benefits of going solar in Jharkhand:

  • Reduced electricity bills (save up to 90%)

  • Low maintenance and long-lasting systems (25+ years lifespan)

  • Government subsidies and incentives

  • Eco-friendly and sustainable energy source

Types of Solar Panel Systems in Jharkhand

Before understanding the prices, it's important to know which type of solar system is best suited for your need:

  1. On-Grid Solar System (Grid-Tied):

    • Works with electricity grid

    • No battery required

    • Net metering benefit: Sell excess energy back to the grid

    • Ideal for homes in urban areas with reliable grid supply

  2. Off-Grid Solar System:

    • Works without grid power

    • Requires batteries for energy storage

    • Suitable for remote or rural areas with power outages

  3. Hybrid Solar System:

    • Combination of on-grid and off-grid

    • Includes battery backup + grid support

    • Suitable for homes that want backup during power cuts and savings on bills

Solar Panel System Price in Jharkhand (2025)

The cost of a solar system in Jharkhand depends on factors like system size (kW), type of panel (Mono PERC, TOPCon, or bifacial), inverter brand, battery backup (for off-grid), structure, and installation charges.

Here’s a rough price estimate before and after subsidy:

System Size

System Type

Price Without Subsidy (INR)

Price After Subsidy (INR)

1 kW

On-Grid

₹70,000 - ₹85,000

₹45,000 - ₹50,000

2 kW

On-Grid

₹1,40,000 - ₹1,70,000

₹90,000 - ₹1,00,000

3 kW

On-Grid

₹2,10,000 - ₹2,55,000

₹1,20,000 - ₹1,35,000

5 kW

On-Grid

₹3,50,000 - ₹4,25,000

₹2,00,000 - ₹2,25,000

10 kW

On-Grid

₹7,00,000 - ₹8,50,000

₹4,50,000 - ₹5,00,000

Note: Prices are indicative and may vary based on brand, location, structure, and additional components like smart meters or solar optimizers.

Government Subsidy for Solar in Jharkhand (2025)

Under the PM Surya Ghar Muft Bijli Yojana, the Indian government is offering substantial subsidies for residential rooftop solar installations in 2025. This scheme makes solar power more affordable for middle-class and lower-income families.

Central Government Subsidy (MNRE):

System Size

Subsidy %

Maximum Subsidy Amount

Up to 2 kW

60%

₹30,000 per kW

2 to 3 kW

60% for first 2kW + 40% for next 1kW

Up to ₹78,000

Above 3 kW

₹78,000 max

Fixed subsidy cap

State Subsidy in Jharkhand:

Jharkhand Renewable Energy Development Agency (JREDA) implements rooftop solar schemes and may offer additional state-level subsidies or incentives for specific residential, institutional, or government buildings. For latest updates, visit: https://www.jreda.com

Net Metering Policy in Jharkhand

Jharkhand has a well-defined net metering policy, enabling solar users to sell unused power back to the grid. The credits are adjusted in monthly electricity bills, significantly reducing costs.

Eligibility:

  • Residential, commercial, and industrial consumers

  • System size between 1 kW to 500 kW

  • Must comply with Jharkhand Bijli Vitran Nigam Limited (JBVNL) regulations

How to Apply for Solar Subsidy in Jharkhand

The application process for government subsidy is now centralized under the National Rooftop Solar Portal.

Step-by-Step Process:

  1. Visit: https://solarrooftop.gov.in

  2. Register your electricity consumer number

  3. Choose a registered solar vendor from your area

  4. Get your rooftop system installed

  5. Apply for net metering with DISCOM

  6. Get inspection done by DISCOM/JREDA

  7. Receive subsidy directly into your bank account within 30 days

Tip: Ensure that your vendor is registered with MNRE and your system is compliant with BIS and IEC standards to claim subsidy.

Best Solar Panel Brands in Jharkhand

If you’re planning to install a solar system, choose a trusted manufacturer or EPC company for better performance and warranty.

Top Solar Panel Brands:

  • Bluebird Solar

  • Waaree Energies

  • Vikram Solar

  • Adani Solar

  • RenewSys

  • Tata Power Solar

  • Loom Solar

These brands offer high-quality, efficient modules including Mono PERC, Bifacial, and N-Type TOPCon solar panels suitable for Indian conditions.

Solar for Homeowners, Farmers & Businesses

  • Homeowners: Get up to ₹78,000 subsidy and reduce your electricity bills to nearly zero.

  • Farmers: Under KUSUM Yojana, solar pumps and grid-connected solar projects up to 2 MW are subsidized.

  • Businesses: While commercial users don’t receive central subsidies, they benefit from tax incentives like accelerated depreciation and energy savings.

Conclusion

Jharkhand is moving steadily toward a solar-powered future. With central government subsidies under the PM Surya Ghar Muft Bijli Yojana, Jharkhand’s solar adoption is expected to grow rapidly in 2025. Whether you're a homeowner in Ranchi, a farmer in Dumka, or a business in Jamshedpur, switching to solar is now more affordable than ever.

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