Stack the right schemes, save 40–70% on net capex.
PM Surya Ghar pays up to ₹78,000 for rooftop solar. State top-ups add another 10–15%. C&I projects qualify for MNRE CAPEX and accelerated depreciation. Then green loans cover the rest. Here's how to combine them.
Net effect · stacked
Residential customer combining PM Surya Ghar (₹78k) + state top-up + NBFC EMI on the battery: net cash outlay drops from ~₹3L to ~₹90k on a 3 kW solar + IZ-3K-1P.
Residential subsidies. PM Surya Ghar leads.
The headline scheme for Indian homeowners. Direct bank transfer after install. We file the application as part of every residential install we ship.
PM Surya Ghar Muft Bijli Yojana
Up to ₹78,0001–3 kW residential rooftop solar
₹30,000 for 1 kW, ₹60,000 for 2 kW, ₹78,000 for 3 kW. Direct bank transfer after the install passes DISCOM inspection. Covers solar; you fund the battery separately, typically through NBFC EMI alongside.
Eligibility: Indian household with own rooftop, valid DISCOM connection, no existing subsidy claimed.
State-level top-ups
10–15% additionalVaries — MEDA (Maharashtra), GEDA (Gujarat), TEDA (Tamil Nadu), RRECL (Rajasthan)
State energy agencies sometimes top up the central PM Surya Ghar amount with 10–15% extra. Time-limited and budget-bound — we check live eligibility per project.
Eligibility: Residency in the state, qualifying solar capacity, application within scheme window.
C&I incentives, often missed.
Three commercial benefits buyers routinely overlook. Combined, they reshape the payback math from "good" to "obvious."
MNRE C&I CAPEX subsidy
20–30% capexCommercial + industrial rooftop solar with storage
State-administered subsidy for renewable + storage projects. Tier-2/3 cities qualify at higher rates than metros. Capped by project size and applicant turnover. Disbursed after commissioning.
GST 12% (instead of 18%)
6% saving on taxBESS shipped as part of a documented solar project
Standalone BESS attracts 18% GST. Combined solar + storage projects qualify at 12%. The invoice must be structured correctly — we handle this at booking. On a ₹50L project, that's a ₹3L line item.
Accelerated Depreciation
40% in year 1C&I entities under the Income Tax Act
BESS qualifies as energy-saving equipment. Accelerated depreciation allows 40% writedown in the first year, reducing tax liability. Combined with the CAPEX subsidy, net cost drops sharply.
How to pay for it.
Four paths — capex, bank loan, NBFC EMI, or OPEX lease. The right one depends on your tax position, balance-sheet appetite, and project size.
Bank loan
SIDBI Green Energy Loan
9.5–11.5% p.a. (indicative)
Term loans for MSME renewable + storage projects. Up to ₹50L unsecured, larger with collateral. Tenure 5–7 years. We help with the SIDBI application and project documentation.
Bank loan
NABARD UNNATI
10–12% p.a. (indicative)
Rural / semi-urban MSME loans for energy infrastructure. Suited for tier-2/3 manufacturers replacing DG with BESS+solar. Longer tenure (up to 10 years) on larger projects.
Consumer loan
NBFC EMI (residential)
12–15% p.a. (indicative)
36–60 month EMI plans for residential Infozeb systems. No collateral required. Effective monthly EMI on a ₹3L IZ-9K-1P + solar typically lands at ₹6,500–8,000 — often less than the customer's current peak-hour electricity bill.
Operating lease
OPEX / PPA leasing
₹6–8/kWh on 7-year contract
For commercial sites preferring zero capex. Infrastructure partner owns the asset; you pay only for energy used. Lower commitment, slightly higher unit cost vs capex purchase.
Tell us four things. We'll tell you what you qualify for.
No email required at this step — we'll email a complete eligibility report after you submit. Takes under a minute.